FRANKFURT — Volkswagen Group is set to dismiss all but one of the executive board members at its software division Cariad next week to try to resolve development problems, a person familiar with the matter told Reuters. The unit, which was set up under former VW Group CEO Herbert Diess. has exceeded its budget and
Industry
Bosch is reorganizing its Mobility Solutions business sector, giving it more autonomy within the huge supplier’s corporate structure, and forecasting a surge in revenue to 80 billion euros ($88 billion) by 2029. The unit will be called Bosch Mobility, and will be led by Markus Heyn, who has been chairman of Mobility Services since January
The continued turbulence of the automotive industry and the rapid transition to electrification has driven seating supplier Adient plc to take a new approach to doing business. It’s no longer about growing market share at all costs, or winning every contract no matter the value proposition, according to CEO Doug Del Grosso. The Plymouth-based company,
California, the birthplace and epicenter of the self-driving industry, could soon put the brakes on autonomous trucking. State lawmakers advanced a bill that would prohibit self-driving big rigs from being tested or commercially operated on public roads unless a human driver is present. Industry executives complain that entrenching humans in the driver’s seat would defeat
ANAHEIM, Calif. — If enough chargers were available along U.S. roads, a single-digit order for the Freightliner eCascadia electric Class 8 tractor could have multiplied to hundreds. “We’ve had people say, ‘Hey, we love the five that we took delivery of, and if we had a way to charge them, we would take 200 more,’ ”
Waymo is expanding its commercial driverless service in metro Phoenix and making further inroads toward such service in San Francisco. The self-driving technology company said Thursday it has doubled the service area in which its Waymo One ride-hailing fleet operates in metro Phoenix. Its vehicles will now carry customers across 180 square miles in the
Uber Technologies Inc. said it plans to make UberX Share available in five more U.S. cities in the coming weeks. UberX Share gives users a discount for sharing their ride with others. The service will soon be available in Baltimore, Miami, Nashville, Philadelphia and Washington., the company said in a statement Wednesday. UberX Share launched
ANAHEIM, Calif. — Daimler Truck North America revealed a Freightliner medium-duty electric truck at the ACT Expo on Tuesday. Orders for the eM2 will begin immediately, and Daimler said production will begin in fourth quarter at its Portland, Ore., manufacturing plant. “For drivers who have already experienced this truck, they love it,” said Katie Rabideau,
ANAHEIM, Calif. — Toyota Motor North America announced an agreement to put its fuel cell powertrain into Kenworth and Peterbilt big rigs. The automaker and Paccar, owner of the truck brands, announced the deal Tuesday at the ACT Expo clean transportation conference here. Toyota has leveraged the fuel cell technology it developed for the small-volume
ANAHEIM, Calif. — Global supplier Bosch and trucking technology company Plus are working together to develop and deploy advanced driver-assistance features, the companies said Monday at the Advanced Clean Transportation Expo. The new system combines Plus’ predictive 360-degree sensors and assisted driving tools such as merge handling and suggested lane change with Bosch’s hardware and
New regulations governing cybersecurity for software-defined vehicles will start in July 2024, but the automotive industry may not be prepared, according to Israel’s Argus Cyber Security. Argus, a subsidiary of Germany’s Continental AG, found that 58 percent of small automakers and automotive suppliers are not prepared to create a management system focusing on vehicle cybersecurity
Despite electric vehicle tax credits and significant efforts to expand public charging, the share of new-vehicle shoppers who will avoid EVs has grown over the past three months, according to J.D. Power. In March, 21 percent of new-vehicle shoppers surveyed said they are very unlikely to consider an EV, up from 19 percent in February
Freightliner owner Daimler Truck is launching a new brand of electric class 4 and 5 trucks, the company announced Thursday. The new brand, Rizon, will sell and service the zero-emission vehicles exclusively through the commercial vehicle outlet Velocity Vehicle Group in the U.S., starting with deliveries in California and New York in the fourth quarter
Charging an electric vehicle doesn’t always require expensive public chargers. Batteries can be swapped, cars can pull up to a charging pad, or a mobile charging service can come to the driver’s home or business. EV drivers use a cord and plug to connect their vehicles to public charge ports on the road. But there
After testing a wireless charging system made by WiTricity Corp., there’s no doubt in my mind that it is far better than any plug-in EV charger. But that still might not be enough to ensure commercial success — at least right away. A wireless charger eliminates many of the hassles and snags that are sapping
Toyota Motor Corp. is moving forward with repurposing technology from its Mirai fuel cell passenger sedan to create a hydrogen power kit for heavy-duty trucks. The automaker said Monday the California Air Resources Board granted a Zero Emission Powertrain Executive Order for the heavy-duty truck fuel cell electric powertrain. The order certifies a powertrain complies
While competitors struggle, Aurora Innovation Inc. has seen its stock price increase more than 10 percent during the past month. Shares of the Pittsburgh self-driving technology company went from $1.28 per share on March 24 to $1.42 at Monday’s close. Year to date, Aurora’s unit price is up 17 percent. Aurora’s share gains are bit
Simon Property Group’s malls and outlets are stuffed with amenities: hotels, restaurants and even a play fossil pit for young children. Add more than a thousand electric vehicle chargers to the mix. Simon is one of a growing number of companies — including Starbucks, 7-Eleven, Walmart, Target, Sonic Drive-In and Taco Bell — that are
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