In the year through Dec. 6, total investment activity for self-driving logistics vehicles leapt fivefold to $6.5 billion from $1.3 billion in the same period in 2020.
Automakers are amping up investments aimed at weaning car buyers away from fossil fuels and meeting increasingly tough decarbonization targets.
The question has become a hotly debated issue that's taking center stage as governments around the world push for greener transport to meet climate targets.
The search is turning up plenty of clunkers as well as potential superstars.
Making a vehicle represents a supply chain challenge even for Apple, a company with deep pockets that makes hundreds of millions of electronics products each year.
Few firms have products ready to sell or any likelihood of generating significant revenue anytime soon.
Musk and his team are preparing to outline new steps in Tesla's drive to become a more self-sufficient company less reliant on suppliers.
Global automakers are planning a $300 billion surge in spending on electric vehicle technology over the next five to 10 years, with nearly half of the money targeted at China, accelerating the industry's transition away from fossil fuels and shifting power to Asian suppliers ...
General Motors Co. is seeking U.S. government approval to include a fully autonomous car — one without a steering wheel, brake pedal or accelerator pedal — in its first commercial ride-sharing fleet in 2019, executives said. For passengers who cannot open doors, the Cruise AV ...
In August 2009, after ruptured air bag inflators in Honda vehicles were linked to least four injuries and a death, the automaker quietly requested a design change and did not notify U.S. regulators, Honda confirmed in response to inquiries from Reuters. Honda Motor Co. asked ...
