Self-driving car unit Waymo seeks outside investors

Alphabet's Waymo self-driving car

Alphabet Inc’s self-driving car unit, Waymo, has been seeking financing from outside investors including European automakers Volkswagen, The Information reported on Monday, menitoning a person with direct knowledge of the matter. Aside from Volkswagen, other potential investors could consist automakers that now make cars for Waymo – Fiat Chrysler and Jaguar. Alphabet could not be […]

Fiat Chrysler, Waymo broadens deal for self-driving ride-hailing service

Alphabet's Waymo self-driving car

Fiat Chrysler Automobiles NV (FCA) will provide Waymo with thousands of Pacifica hybrid minivans as Alphabet Inc’s self-driving unit starts presenting its first public ride-hailing service later this year, the companies stated on Tuesday. Depending on its scope and scale, the agreement could put pressure on other similar companies like Uber Technologies Inc and General […]

General Motors schedules investor event to talk about ‘autonomous future’

General Motors

General Motors on Thursday stated it will lay out “our vision for an autonomous future” in a webcast for investors on November 30, the latest signal from the largest U.S. automaker that it plans to expand its efforts to put self-driving vehicles to commercial use. GM’s announcement comes few days after Alphabet Inc’s Waymo self-driving […]

Google stopped developing autopilot feature after test user napped

Waymo self driving car tests

Alphabet Inc’s self-driving vehicle system stopped developing functions that needed motorists to take control in unsafe scenarios, its chief executive said Monday, as auto-pilot dependence left users vulnerable to interruptions and ill-prepared to maneuver. The decision came after experiments of the technology in Silicon Valley that revealed test users taking a nap, putting on makeup […]

Fiat Chrysler may look for more self-driving supplier partners, says Marchionne

CEO Sergio Marchionne

Fiat Chrysler Automobiles (FCA) might look for more supplier partners to assist it establish and develop self-driving vehicles, CEO Sergio Marchionne stated. The Jeep and Ram brands are strong enough to remain as standalone entities outside FCA, Marchionne likewise stated on a conference call with experts after the company reported record first-quarter outcomes. But he […]

Self-driving projects comes with various alliances of companies

Uber test self driving

The race to develop and make use of autonomous vehicle technology is improving the hierarchy of the vehicle industry, replacing conventional top-down manufacturing relationships with complicated webs of alliances and acquisitions. Deal making in the automobile and innovation market is driven by the quick shift of self-driving vehicles from research tasks to major elements of […]

California proposes policies to allow testing self-driving vehicles without humans

california road

California, the largest U.S. vehicle market, plans to permit testing on public roads of self-driving automobiles without human drivers by the end of the year, state authorities stated Friday. The state’s Department of Motor Vehicles is looking for public comment regarding proposed policies for driverless testing and public use of autonomous vehicles that will not […]

Uber’s self-driving unit Otto quietly purchased company that may affect Alphabet lawsuit

uber self driving

A company now owned by Uber since 2016 quietly purchased a small company focusing on sensor innovation utilized in autonomous automobiles, giving the ride hailing company a patent in the technology and potentially a defense against a trade secrets theft lawsuit submitting against it by competing Alphabet Inc. The CEO of obscure Tyto Lidar LLC […]

Elaine Chao: Trump administration examining self-driving car guidance

Elaine Chao

U.S. Transport Secretary Elaine Chao stated on Sunday she was examining self-driving vehicle guidance released by the Obama administration and advised companies to discuss the benefits of automated vehicles to a hesitant public. The guidelines, which were released in September, call on car manufacturers to willingly send information of self-driving car systems to regulators in […]