Energy & Green Tech

Lamborghini hits accelerator on electric future

Italian sports car maker Lamborghini on Tuesday unveiled Tuesday a 1.5-billion-euro ($1.8 billion) electrification plan for its luxury vehicles, joining a global push away from fossil fuels at the risk of upsetting fans.

Automotive

Daimler to spin off trucks, change name to Mercedes-Benz

German automaker Daimler will split itself into two independent companies by spinning off its truck and bus division, a move the company said would give both the freedom to operate more nimbly in a fast-changing environment ...

Automotive

GM's Cruise to deploy fully driverless cars in San Francisco

General Motors' self-driving car company is sending vehicles without anybody behind the wheel in San Francisco as it navigates its way toward launching a robotic taxi service that would compete against Uber and Lyft in the ...

Automotive

Car tech to guard against distracted driving

Distracted driving puts not only drivers on the road at risk but also passengers, cyclists and pedestrians. In 2018, it led to the deaths of 2,841 people, according to the most current data from the National Highway Traffic ...

Automotive

Volvo Cars says to cut 1,300 jobs

Chinese-owned Swedish automaker Volvo Cars said Wednesday it was cutting up to 1,300 white-collar jobs in Sweden in a restructuring accelerated by the impact of the new coronavirus.

Business

Tesla's 1Q car sales surged before pandemic shut things down

Tesla's sales of its increasingly popular electric cars got off to fast start this year, even though the company had to slam the brakes along with other major automakers last month because of worldwide efforts to contain ...

French auto sales plummet on virus shock

French new car sales in March plunged more than 72 percent and could be down 20 percent for the full year as the coronavirus outbreak sinks the market, industry figures showed Wednesday.

Energy & Green Tech

Mobility technology: Will transport revolution live up to the hype?

Over the past decade almost US$200 billion has been invested globally in mobility technology that promises to improve our ability to get around. More than US$33 billion was invested last year alone. Another measure of interest ...

Automotive

VW has 'one shot' to survive shift to digital era: CEO

Volkswagen needs to make urgent changes to become more of a tech company as the industry enters the digital era, CEO Herbert Diess said Thursday, warning that the German car giant had just "one shot" at staying in the game.

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