Tag: Automotive
Ford postpones autonomous vehicle service until 2022
Ford said Tuesday it will delay plans to launch an autonomous vehicle service to 2022, as the COVID-19 pandemic has prompted the company to rethink its go-to-market strategy. The news was shared as part of Ford’s quarterly earnings which was released after market closed Tuesday. Ford is a bit different…
Read MoreFord cancels Lincoln electric vehicle program with Rivian
Lincoln Motor, the luxury brand under Ford, has canceled plans to build an all new electric vehicle based on Rivian’s skateboard platform. Crain’s Detroit reported that dealers were informed Tuesday. Rivian and Ford said in a statement sent to TechCrunch that this was a mutual decision based on the current…
Read MoreTesla vehicles recognize and respond to traffic lights, stop signs with latest software update
Properly equipped Tesla vehicles can now recognize and respond to traffic lights and stop signs thanks to a software update that the company started pushing out to owners over the weekend. The software update had been available to sliver of Tesla owners, some of whom had posted videos of the…
Read MoreManufacturing startup Divergent 3D reduces staff by one-third
Divergent, the Los Angeles-based startup aiming to revolutionize vehicle manufacturing, has cut about one-third of its staff amid the COVID-19 pandemic that has upended startups and major corporations alike. The company, which employed about 160 people, laid off 57 workers, according to documents filed with the California Employment Development Department.…
Read MoreTesla’s newest board member has a long stance against short selling
Tesla has added Hiromichi Mizuno as a new member to its board of directors and audit committee — the former chief investment officer of Japan’s $1.5 trillion pension fund and a longtime opponent of common market practices like short selling. With Mizuno’s appointment the Tesla board now has 10 members,…
Read MoreCarPlay in your classic Porsche, just what you needed
Porsche has announced new infotainment systems that combine modern features like CarPlay support and Bluetooth connectivity with classic design sensibilities. There are two versions of the Porsche Classic Communication Management system — PCCM for s… Source
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