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Volkswagen and Ford Alliance Under Study
Against this backdrop and with a possible shakeout as devastating as occurred more than a century ago as the automobile emerged, it’s not surprising that long established car companies are seeking collaborative agreements to share the risks, cut the cost of research, development and production and survive as an entity when taking an individual road appears one paved with doom. Continue reading
Posted in alternative fuels, auto news, autonomous vehicles, car sharing, electric vehicles, electronics, engineering, financial results, fuel economy or emissions, news analysis, transportation
Tagged audi, autoinformed.com, electric vehicles, EVs, Ford Motor Company, google, hybrids, Ken Zino, lincoln, Mobility Company, porsche, return on investment, seat, volkswagen group
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SoftBank Vision Fund to Invest $2.25 B in GM Cruise
The SoftBank Vision Fund investment will be made in two phases. At the closing of the transaction, the Vision Fund will invest the first tranche of $900 million. At the time that Cruise AVs are ready for commercial deployment, the Vision Fund will complete the second tranche of $1.35 billion. Continue reading
FCA Sells Minivans to Google’s Waymo for Driverless Use
Given Chrysler’s dubious safety record, it’s a risky proposition in AutoInformed’s view. Continue reading
Posted in auto news, autonomous cars, autonomous vehicles, electronics, transportation
Tagged autoinformed.com, autonomous vehicles, fca, google, john krafcik, Ken Zino, Waymo
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Ford Places $1B Bet in Argo AI on Autonomous Vehicles
The very small Argo AI team of specialists in robotics and artificial intelligence is led by founders Bryan Salesky, CEO, and Peter Rander, COO. Both are alumni of Carnegie Mellon National Robotics Engineering Center and former heads of the self-driving car teams of Google and Uber, respectively. Continue reading
Your Computerized Car allows Governments to Snoop
The next car you buy will be computerized, override your inputs, all the while gathering vast amounts of personal data that will be used for marketing purposes. Continue reading
Posted in AutoInformed Editorial, news analysis
Tagged autoinformed, autoinformed.com, computerized cars, driverless cars, google, Ken Zino
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VW Group Quantum Algorithm Cuts Waiting for Passengers
Quantum computers can solve highly complex tasks such as traffic optimization much faster than conventional super-computers; and in some cases, a solution is only possible with quantum computers. For this future-oriented computing technology, Volkswagen sees considerable potential for new applications within the company and new business models. Continue reading →