Tech startups in the automotive industry and mobility space are phenomenal at innovating but terrible at scaling up their operations, Quin Garcia, co-founder and managing director of Silicon Valley venture capital firm Autotech Ventures, said Friday at the Automotive News Congress in Los Angeles. During a wide-ranging discussion about venture capital-backed startups partnering with established
Industry
Warehouse and distribution giant Prologis sees autonomous trucking as the future of logistics. The San Francisco-based company is in the early stages of organizing its business to serve shippers and motor carriers that plan to add electric and autonomous big rigs to their fleets, said Henrik Holland, global head of mobility at Prologis. Holland outlined
Your next pizza could be delivered by an electric vehicle. Ann Arbor, Mich.-based Domino’s Pizza Inc. announced Monday that it will roll out a fleet of nearly 800 Chevy Bolt electric vehicles around the country to deliver pizza orders — the largest such EV delivery effort. Doing so offers advantages for the company, executives said
As consumers purchase tens of millions of electric vehicles over the coming decade, a huge question looms over governments and the auto industry: Can the power grid keep up with significantly increased demand? “If you simultaneously plug all of those vehicles in, it is going to break the grid,” said Robert Stocker, an energy consulting
Buick’s next electric vehicle to be sold in China will be a crossover. The Chinese Ministry of Industry and Information Technology published photos of the Buick Electra E5 online this week as part of a public comment period. The Electra E5 will be produced and marketed in China by General Motors’ joint venture with Chinese
Getty Images By Noor Nanji Business reporter, BBC News Electric cars will no longer be exempt from vehicle excise duty from April 2025, the chancellor has said. Announcing the change as part of his Autumn Statement, Jeremy Hunt said the move was designed to make the motoring tax system “fairer”. The RAC motoring group said
LOS ANGELES — After a stumble out of the gates with its first-in-a-series 2023 bZ4X, Toyota is introducing a smaller concept with a similar shape likely to one day slide beneath the back-on-sale bZ4X in an expanded battery-electric lineup for the Japanese automaker. The Toyota bZ Compact SUV Concept shown late Wednesday before the start
WASHINGTON — Two fatal crashes, both involving Tesla Model 3 sedans with driver-assist technology, were reported during the Sept. 16 to Oct. 15 period, according to federal data released Tuesday. Both crash deaths happened in California, though many of the details are redacted or considered confidential, NHTSA data shows. Tesla’s Autopilot driver-assist system has been
Porsche is accelerating toward a greener future with the arrival of its first electric crossover — a battery-powered Macan that will pack a big battery and output. The more than 600 hp electric Macan will be the “sportiest model in its segment,” Porsche says. Software supplier-related issues have delayed the compact luxury crossover by about
Ned Curic joined Stellantis in 2021 as chief technology officer from Amazon, where he led Alexa Automotive. The former Toyota and Microsoft executive is charged with executing Stellantis’ plan to generate $20 billion in software-related revenue by 2030, from services and subscriptions, features on demand, and data and fleet services. Curic spoke with Automotive News
Automakers and battery suppliers are in search of a vehicular holy grail — a battery chemistry for electric vehicles that sharply reduces charging times and greatly increases range while remaining cheap and easy to mass produce. Unprecedented sums of money are being poured into battery research to find such a solution, and battery performance has
Driverless cars have been just around the corner for nearly a decade. Yet after ambitious promises by CEOs of automakers and startups and buy-in from investors to the tune of more than $200 billion, there is not yet one fully autonomous vehicle on public roads in the U.S. today. And it isn’t even all that
Self-driving vehicles may take a long time to hit the road in large numbers. The sensors driving much of their progress, however, are starting to go mainstream. Lidar technology is trickling into human-driven vehicles in some cases. In others, it’s finding scale in different industries. The latest example of lidar for human-driven vehicles came earlier
Volvo Cars’ CEO Jim Rowan sees electric vehicles reaching price parity with their fossil fuel-burning counterparts a lot sooner than many. How soon? Roughly two to three years from today. Furthermore, Rowan said: “There’s no way that any company should be relying on government subsidy to be successful.” The former Dyson executive ,who took the
There’s a phrase that keeps getting tossed around in the autonomous vehicle business: trough of disillusionment. Cruise CEO Kyle Vogt said it on General Motors‘ recent earnings call, and Aurora Innovation CEO Chris Urmson used a variation of to describe where the industry is right now. Their comments came after Ford and Volkswagen-backed Argo AI
LOS ALAMOS, New Mexico — Hailed as a “magical” solution. Derided as a perennial fantasy. Embraced as an “earthshot.” Many have eyed hydrogen’s tantalizing potential as an abundant and pollution-free energy source for transportation and beyond. Jules Verne described a method in which “water will one day be employed as fuel,” and wrote hydrogen and
Volvo is setting lofty U.S. sales expectations for its EX90 crossover, the Swedish automaker’s most significant launch since the XC40 in 2017, foreshadowing the brand’s future technology, design and sustainability efforts. Volvo Car USA boss Anders Gustafsson said the seven-seater, introduced Wednesday in Sweden, will become the brand’s No. 1 volume EV in the U.S.
Lidar companies Ouster and Velodyne said Monday they plan to merge. The two companies signed a merger agreement Friday. Existing Velodyne and Ouster shareholders would each own about 50 percent of the combined company under terms of the “merger of equals” agreement, which is expected to close in the first half of 2023. Ouster CEO
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