Automotive

$52B chip bill stuck in legislative limbo: The CHIPS for America Act would help offset some of the losses suffered by American chipmakers or allow them to pursue expansion plans.

How safe is self-driving technology? Regulators are finding that self-driving technology may be advancing but is still prone to crashes. The news could delay availability of the tech beyond beta testing.

A litany of EV recalls: The industry's massive shift to technology-focused vehicles is riddled with bugs, putting early adopters on the hook as unwilling beta testers for future tech.

Toyota’s new sustainability initiative focuses on ads, not cars: The automaker announced a partnership to reduce the carbon footprint of its digital ads.

Intel presses pause on PC chip hires: Rising inflation, surging competition, and a shrinking PC market force Intel to evaluate PC chipsets. Its austerity measures could resonate across the industry.

Does customer experience trump advertising? That's the question being asked in the wake of Ford CEO's recent comments.

Uber and Waymo partnership could transform autonomous trucking: Moving past a years-long court battle, the companies are combining their strengths, following a recent trend in tech partnerships.

EVs gaining ground: Despite a more cautious Q2 for many industries, electric vehicles are one segment seeing momentum beyond just the segment leaders. Here is a roundup of the latest EV developments.

Ammonia-powered zero-emissions tractors in development: Developing alternative energy sources could ease the dependence on gas and diesel sources. With EVs, ammonia, and automation, farmers’ options are expanding.

Ford could follow Tesla’s lead eschewing transitional advertising for EVs: The move could dramatically impact media platforms—but will other EV makers follow suit?

EV flying taxis are taking off: We could see the first services in the air by 2025 as startups and established companies wrestle for large ride-sharing contracts in the busiest cities.

Honda’s Prologue SUV ushers in its EV transition: The second-largest Japanese carmaker is leaning on American technology to jumpstart its wider electrification efforts with a SUV it designed in VR.

The factory has eyes: Startup Invisible AI will deploy its computer vision analytics system in all of Toyota’s factories in North America. But the unprecedented insight could have some downsides.

High-speed, low voltage charging could be an EV game-changer: VW and BP’s chargers can be installed where higher voltage is not available, making them a viable retrofit option for petrol station

Chip factories could see delays: Now it’s the tools used to build chip fabs that are facing shortages. As new factories are delayed, the chip shortage will continue into 2024, resulting in scarcity and price hikes.

Elon Musk and Twitter agree to $43.4B buyout: Musk hopes to take Twitter private with less content moderation and more free speech but will need to consider ramping up advertising to cover debt financing costs.

Close to half of US adults believe widespread use of driverless cars would be bad for society. Meanwhile, 26% think it’d be good for autonomous vehicles to rule the roads, and 29% aren’t sure.

Didi moves to delist from NYSE as it awaits verdict on penalties: Once considered China’s most successful startup, the ride-hailing company’s fate could lead to investors shifting away from Chinese tech stocks.

TSMC’s founder says US chip efforts are doomed: Former CEO Morris Chang cites lower overseas labor costs and high manufacturing costs but fails to mention savings on importation and transportation.

Add robotaxis to the list of upcoming Tesla products: Struggles with fully autonomous driving, delivering on schedule, and safety are huge roadblocks to Tesla’s robotaxi flex.