GLOBAL

GLOBAL

Toyota and NTT to invest $3.26 bln in autonomous driving research

Toyota Motor Corp. and the Japanese telecom company Nippon Telegraph and Telephone Corp. (NTT) are investing 500 billion yen ($3.26 billion) in artificial intelligence research and development to create advanced software aimed at making autonomous driving safer.

2m ago

Google parent's self-driving car company raises $5.6 bln funding

Waymo, the self-driving car company owned by Google's parent Alphabet, has recently raised $5.6 billion in its latest funding round. The round included major investors such as Andreessen Horowitz, Fidelity, Perry Creek, Silver Lake, Tiger Global, and T. Rowe Price.

2m ago

Tesla recalls over 125,000 vehicles in US

Tesla is officially recalling 125,227 vehicles in the United States, as per a recent announcement by the US National Highway Traffic Safety Administration. The cited reason for this mass recall is a seat belt warning system malfunction, which could potentially increase the risk of injuries in collisions.

7m ago

Toyota unveils new 'adaptable' engines for both hybrid and biofuel cars

Toyota has recently unveiled a new line of compact 'adaptable' engines that are designed to work with both hybrid cars and those that run on biofuels. According to the company, these new engines are intended to reduce carbon emissions while catering to diverse customer needs.

7m ago

Chinese company launches commercial flying taxis

EHang, a Chinese drone manufacturer, has introduced its EH216-S model flying taxi for commercial sale on Taobao, an online shopping platform owned by Alibaba. Priced at 2.39 million yuan ($332,060), the EH216-S is being advertised as "an innovative solution for urban transportation".

10m ago

Toyota recalls 50k US vehicles over potential airbag explosion

Toyota Motor has recently released a public statement in which it urged owners of 50,000 older US vehicles to stop driving and get immediate recall repairs. As per the statement, this is due to an issue with the airbag inflator, which Toyota says could explode and potentially kill the driver.

11m ago

Toyota becomes highest-selling automaker 4 years in a row

Toyota, for the fourth consecutive year, has become the highest-selling automaker in the world. According to a recent press release by the company, Toyota Motor has sold a record of 11.2 million vehicles in 2023.

11m ago

Tesla releases 'upgraded' Model 3 in North America

Tesla, the American automotive company, has recently launched a new version of its Model 3 sedan, which is being called an 'upgraded' Model 3. The new Model 3 is now available in North America at an unchanged price, as per Tesla's official website.

1y ago

Toyota and NTT to invest $3.26 bln in autonomous driving research

Toyota Motor Corp. and the Japanese telecom company Nippon Telegraph and Telephone Corp. (NTT) are investing 500 billion yen ($3.26 billion) in artificial intelligence research and development to create advanced software aimed at making autonomous driving safer.

2m ago

Google parent's self-driving car company raises $5.6 bln funding

Waymo, the self-driving car company owned by Google's parent Alphabet, has recently raised $5.6 billion in its latest funding round. The round included major investors such as Andreessen Horowitz, Fidelity, Perry Creek, Silver Lake, Tiger Global, and T. Rowe Price.

2m ago

Tesla recalls over 125,000 vehicles in US

Tesla is officially recalling 125,227 vehicles in the United States, as per a recent announcement by the US National Highway Traffic Safety Administration. The cited reason for this mass recall is a seat belt warning system malfunction, which could potentially increase the risk of injuries in collisions.

7m ago

Toyota unveils new 'adaptable' engines for both hybrid and biofuel cars

Toyota has recently unveiled a new line of compact 'adaptable' engines that are designed to work with both hybrid cars and those that run on biofuels. According to the company, these new engines are intended to reduce carbon emissions while catering to diverse customer needs.

7m ago

Chinese company launches commercial flying taxis

EHang, a Chinese drone manufacturer, has introduced its EH216-S model flying taxi for commercial sale on Taobao, an online shopping platform owned by Alibaba. Priced at 2.39 million yuan ($332,060), the EH216-S is being advertised as "an innovative solution for urban transportation".

10m ago

Toyota recalls 50k US vehicles over potential airbag explosion

Toyota Motor has recently released a public statement in which it urged owners of 50,000 older US vehicles to stop driving and get immediate recall repairs. As per the statement, this is due to an issue with the airbag inflator, which Toyota says could explode and potentially kill the driver.

11m ago

Toyota becomes highest-selling automaker 4 years in a row

Toyota, for the fourth consecutive year, has become the highest-selling automaker in the world. According to a recent press release by the company, Toyota Motor has sold a record of 11.2 million vehicles in 2023.

11m ago

Tesla releases 'upgraded' Model 3 in North America

Tesla, the American automotive company, has recently launched a new version of its Model 3 sedan, which is being called an 'upgraded' Model 3. The new Model 3 is now available in North America at an unchanged price, as per Tesla's official website.

1y ago

Uber launches air balloon service in Turkey

Uber, the international ride-sharing platform, has recently launched an air balloon ride service in Cappadocia, Turkey. As per Uber, the new service will be available in Turkey's UNESCO World Heritage Göreme National Park, with riders being able to book balloon trips in advance using the Uber app.

1y ago

BMW shifts focus to 'Neue Klasse' to compete with Tesla

BMW is revisiting its historical innovation, the "Neue Klasse," this time as an all-electric offering.

1y ago