autonomous cars

    • Tesla misses key technology target

      Tesla misses key technology target

      The producer of electric cars Tesla admitted it would miss a target set by its majority owner Elon Musk - to develop full self-driving vehicles by the end of 2021, Reuters reported. The announcement seriously undermines Tesla ambitions to influence the global EV market. Documents released in media earlier this week showed that the company is falling behind announced deadlines while incidents with EVs continue to rise.

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    • Toyota to build ‘city of the future’ in Japan

      Toyota to build ‘city of the future’ in Japan

      Toyota plans to build a “prototype city of the future” on a 175-acre site at the base of Mt. Fuji in Japan to test and develop new emerging technologies such as autonomous vehicles. As described by Akio Toyoda, president of the automaker, the “Woven City” would represent a “living laboratory” that will include thousands of residents and will test autonomous vehicles, robotics, personal mobility, smart homes and artificial intelligence in a real-world environment.

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    • Tesla unveils Robotaxi concept

      Tesla unveils Robotaxi concept

      Tesla’s billionaire CEO, Elon Musk, laid out a vision for a huge fleet of self-driving electric vehicles that owners could share with friends or other riders, with Tesla getting a cut of the proceeds. The Robotaxi concept, as described by GeekWire, relies on the ability to make Tesla cars fully autonomous, to the point that the steering wheels can be removed. The cost to run a Robotaxi would be less than 18 cents per mile, compared with 62 cents per mile for US ownership cost and $2 to $3 per mile for traditional ride-sharing models.

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    • Toyota, SoftBank to develop self-driving car services

      Toyota, SoftBank to develop self-driving car services

      Japanese automaker Toyota and tech giant SoftBank announced Thursday that they are forming a joint venture by April 2019 that will use data to optimize supply and demand in the transportation space. SoftBank has already invested in Uber  and a range of other ride-hailing startups like Didi in China and Grab in Southeast Asia, but this initiative with Toyota is not related to those deals. Instead, it is designed to combine SoftBank’s focus on Internet-of-Things technology and Toyota’s connected vehicle services platform to enable new types of services that run on autonomous vehicle tech.

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