Eaton’s New eMobility Business

Earlier this year Eaton Corp. combined products, expertise and manufacturing capabilities from its Electrical and Vehicle groups to create a 1,200-employee business called eMobility.

Struggling Faraday Future Pushes Ahead with IPO Plan

November 15, 2018 at 9:53 AM

Electric-car startup Faraday Future Inc. says it aims to launch an initial public offering in 2020 in spite of escalating strife with its largest investor.

Hyundai Invests in Drone Startup

November 15, 2018 at 9:03 AM

Hyundai Motor Co. is making an unspecified investment in Top Flight Technologies Inc., a Boston-based startup that is developing technologies for aerial drones.

JLR Tests V2X Traffic Light Tech

November 15, 2018 at 8:18 AM

Jaguar Land Rover Ltd. is testing a vehicle-to-infrastructure system that can help motorists synchronize their speed to the timing of traffic lights.  

Uber Loses $1.1 Billion in Third Quarter

November 15, 2018 at 12:45 AM

Uber Technologies Inc. reports it lost $1.1 billion in July-September, up 20% from the previous quarter but down 27% from the third quarter of 2017.

Scooter-Renting Service Lime Debuts Car Sharing

November 14, 2018 at 3:08 PM

Neutron Holdings Inc., known for its Lime-branded fleets of urban bicycles and scooters, is launching a car-sharing service in Seattle this week.

Toyota Readies Biofuel Hybrid

November 14, 2018 at 10:32 AM

Toyota Motor Corp. plans to launch a flex-fuel version of its Prius hybrid car in Brazil within three years.

Ford, Walmart to Test Self-Driving Delivery Vehicles

November 14, 2018 at 8:38 AM

Ford Motor Co. and Walmart Inc. are using the Miami area to test the use of self-driving vehicles to delivery groceries and other consumer items.

Ford Plans to Deliver the Goods on Autonomy

November 14, 2018 at 8:00 AM

Ford has no allusions about being first to market—or second or third for that matter—with a commercial autonomous vehicle service.

Spain Will Propose a Ban on Petroleum-Burning Cars by 2040

November 13, 2018 at 1:05 PM

Spain is readying a proposal that would ban the sale and registration of all gasoline and diesel cars and light commercial vehicles in 2040.

Report: Waymo to Launch Autonomous Taxi Service in December

November 13, 2018 at 9:32 AM

Alphabet Inc.’s Waymo unit plans to debut a robo-taxi service next month in Phoenix, Ariz., sources tell Bloomberg News.

U.K. Cuts Incentives for Hybrids, EVs

November 12, 2018 at 2:45 AM

Demand in the U.K. for plug-in hybrid and all-electric cars is likely to drop sharply this month after the government slashed incentives for such vehicles.

Geely Inks Deal to Develop Hyperloop System in China

November 09, 2018 at 3:19 PM

China’s Zhejiang Geely Holding Group has signed an agreement with China Aerospace Science and Industry Corp. (CASIC) to develop a hyperloop-type train system.