Automotive

VW readies Porsche IPO in one of Europe's largest listings

Volkswagen was nearing the finish line Wednesday as it readied the sale of shares in luxury carmaker Porsche ahead of an expected market listing that will rank among the largest such offerings in European history.

Automotive

China grants first driverless taxi permits to Baidu, Pony.ai

China has granted Chinese internet services company Baidu and a rival autonomous car company, Pony.ai, permits to provide driverless ride-hailing services to the public in Beijing, a significant regulatory step in the country's ...

Automotive

New AI method makes self-driving vehicles better drivers

In traffic, humans are used to constantly anticipating what will happen next. This reasoning ability is something that today's self-driving vehicles and AI systems in general are lacking. In a recent study, together with ...

Automotive

Self-driving race cars make history in Indianapolis

The winner was not a driver but an algorithm on Saturday at the Indianapolis Motor Speedway, where the top car clocked an average speed of 218 km/h (135 mph), ushering autonomous vehicles into a new era.

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