Autos
- BusinessThe Telegraph
Ford warns net zero targets will push up petrol car prices
A top executive at Ford has warned net zero targets could force the car giant to cut back sales of petrol cars in the UK, pushing up prices for drivers.
3-min read - TechnologyTechCrunch
Exclusive: Wayve co-founder Alex Kendall on the autonomous future for cars and robots
U.K.-based autonomous vehicle startup Wayve started life as a software platform loaded into a tiny electric "car" called Renault Twizy. Festooned with cameras, the company's co-founders and PhD graduates, Alex Kendall and Amar Shah, tuned the deep-learning algorithms powering the car's autonomous systems until they’d got it to drive around the medieval city unaided. No fancy Lidar cameras or radars were needed.
9-min read - BusinessThe Guardian
Worried carmakers call for urgent UK help to reignite waning interest in electric vehicles
Sector wants tax cuts, better buying incentives and more electric charging points as sales in EVs stall
3-min read - BusinessReuters
UPDATE 1-Tesla's China-made EV sales fall 18% y/y in April
U.S. automaker Tesla sold 62,167 China-made electric vehicles in April, down 18% from a year earlier, China Passenger Car Association (CPCA) data showed on Tuesday. Tesla's China-made cars are also exported to various markets including Europe and the CPCA didn't provide a breakdown of Tesla exports by destination. China's new-energy vehicle sales including battery-powered EVs and plug-in hybrids were estimated to hit 800,000 units in April, up 33% on the year and a 2% drop from the month befor
2-min read - BusinessReuters
Toyota to get an earnings lift from hybrids as EV hype cools
Toyota Motor is expected to get a big lift from demand for hybrids when it reports annual earnings on Wednesday, illustrating how the world's top-selling automaker is poised to benefit as hype around battery electric vehicles cools. But the forecast record results, to be helped in part by a boost from the weak yen currency, belie the considerable challenges it faces in critical markets. In China it is pressured by a ferocious price war and in the U.S., the fallout from consumers grappling with
3-min read - BusinessTechCrunch
Wayve raises $1B to take its Tesla-like technology for self-driving to many carmakers
Wayve, a U.K.-born startup developing a self-learning rather than rule-based system for autonomous driving, has closed $1.05 billion in Series C funding led by SoftBank Group. The company plans to use the fresh capital injection to develop its product for "eyes on" assisted driving and "hands off" fully automated driving and other AI-assisted automotive applications. San Francisco has become known as the epicenter for autonomous driving roll-outs, with Alphabet-owned Waymo and GM-owned Cruise
4-min read - BusinessThe Independent
2024 sees record start to year for electric vehicle sales
Over 100,000 battery electric vehicles sold between January and April
3-min read
