Waymo approved to expand robotaxi service in Los Angeles, SF peninsula

Waymo approved to expand robotaxi service in Los Angeles, SF peninsula

Passengers ride in an electric Waymo full self-driving technology in Santa Monica Allen J. Schaben | Los Angeles Times | Getty Images Alphabet’s Waymo robotaxi unit won approval from the California Public Utilities Commission to expand service to parts of Los Angeles and the Bay Area, according to a notice posted to the regulator’s website … Read more

Tesla to earn billions from charging partnerships with Ford, others

Tesla to earn billions from charging partnerships with Ford, others

A Tesla electric car is plugged into a recharging terminal at a Healthy Living Market store in South Burlington, Vermont, June 18, 2023. Robert Nickelsberg | Getty Images As of Thursday, owners of Ford electric vehicles — the Mustang Mach-E and F-150 Lightning — in North America finally have the ability to power up using … Read more

How Hyundai Motor Group became the world’s third-largest automaker

How Hyundai Motor Group became the world’s third-largest automaker

Hyundai Motor Group is the world’s third-largest automaker in the world by volume — but it wasn’t always so. In the late 1980s and 1990s, Hyundai cars suffered ridicule in America for being cheap and low quality. But that is no longer the case. The three auto brands in the automaker’s stable — Hyundai, Kia … Read more

What drivers need to know

What drivers need to know

An all-electric Ford Mustang Mach-E at a Tesla Supercharger station charging. Ford DETROIT – Ford Motor is rolling out Tesla Supercharging capabilities to owners of its electric vehicles in the U.S. and Canada. The launch begins Thursday, but is expected to be supply constrained at the start. The Detroit automaker was the first to announce … Read more

Robot startup Figure valued at $2.6 billion by Bezos, Amazon, Nvidia

Robot startup Figure valued at .6 billion by Bezos, Amazon, Nvidia

Startup Figure AI is developing general-purpose humanoid robots. Figure AI Figure AI, a startup working to build humanoid robots that can perform dangerous and undesirable jobs, just got a big vote of confidence from some of the largest names in artificial intelligence. The company said Thursday that it raised $675 million at a $2.6 billion … Read more

Elon Musk is promising a next-generation Roadster, six years later

Elon Musk is promising a next-generation Roadster, six years later

Tesla Roadster Courtesy: Tesla Six years ago, Elon Musk hyped a next-generation Roadster, the name of Tesla’s debut car from 2008. A refreshed version was never produced, but Musk is once again promising a new Roadster is on the way. “Tonight, we radically increased the design goals for the new Tesla Roadster,” Musk wrote on … Read more

Investors get more reasons to like Apple after scrapping EV plans, AI update

Investors get more reasons to like Apple after scrapping EV plans, AI update

Apple offered investors more reasons to like its stock after the company reportedly canceled its decadelong electric, self-driving car project and CEO Tim Cook talked up the iPhone maker’s artificial intelligence vision. The tech giant announced the end to its autonomous EV pursuits internally Tuesday, Bloomberg News reported , citing people with knowledge of the … Read more

Americans’ mood on the economy sinks

Americans’ mood on the economy sinks

U.S. President Joe Biden speaks with workers while visiting CS Wind, the largest wind tower manufacturer in the world, in Pueblo, Colorado, U.S., November 29, 2023.  Evelyn Hockstein | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to … Read more

Americans sour on the economy

Americans sour on the economy

US President Joe Biden speaks to employees at the CS Wind America Inc on November 29, 2023 in Pueblo, Colorado.  Helen H. Richardson | The Denver Post | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to … Read more

Apple car project canceled: Report

Apple car project canceled: Report

Apple CEO Tim Cook waves a checkered flag to the race winner at the Formula One United States Grand Prix Circuit of the Americas in Austin, Texas, on Oct. 23, 2022. Mike Segar | Reuters Apple will wind down its team working on electric cars, called Special Projects Group, according to Bloomberg. The news signals … Read more