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...Cruise suspended all self-driving operations in October, days after California regulators banned the vehicles from the state’s roads....
...Autonomous vehicles have logged millions of road miles. Collectively, companies including Tesla, Alphabet, General Motors, Uber, Baidu and Ford have invested billions of dollars in the technology....
...When suspending Cruise’s driverless permit, the California Department of Motor Vehicles said the company had misrepresented the details of the accident by failing to disclose in meetings the day after it...
...The co-founder and chief executive of General Motors-owned Cruise has resigned, weeks after the self-driving car company paused driverless operations and California regulators barred its vehicles from the...
...“Korea lacks auto software engineers and Hyundai is weak in that field, so it is expanding co-operation with foreign tech companies....
...The disastrous accident that has brought a halt to operations at Cruise, the General Motors driverless car division, is the kind of setback that champions of autonomous vehicles have long dreaded....
...Cruise’s cars were “not safe for the public’s operation”, California’s Department of Motor Vehicles said as it announced it was revoking permits for Cruise to test and deploy its vehicles on public streets...
...The announcement marks a significant blow for Cruise and comes days after the California Department of Motor Vehicles barred the company’s autonomous vehicles from the roads and branded them “not safe for...
...briefly eclipsed those of Ford and General Motors....
...global dominance and challenging storied incumbents such as General Motors, Ford and Volkswagen....
...A number of EV makers have recently scaled back expansion plans, including Ford and General Motors, while rental group Hertz is selling one-third of its electric fleet to buy more petrol vehicles....
...SK laid off more than 100 workers at the same plant in September and is delaying the launch of a second plant in Kentucky, a joint venture with Ford, which was scheduled to begin operation in 2026....
...Despite selling just 24,000 cars last year, Vietnam’s VinFast this month soared into the ranks of the world’s most valuable automakers — far surpassing rivals such as Volkswagen, Ford and General Motors,...
...John DeMaio, president of Hong Kong-based Graphex Group, a graphite processing company, said the new rules would help “accelerate” the company’s plans to move operations away from China, but acknowledged...
...The General Motors-owned company made the decision after the California Department of Motor Vehicles barred the company’s autonomous vehicles in response to an accident earlier this month involving one of...
...The company will “put less capital as risk” by focusing on commercial vehicles such as delivery vans, and will instead use the market as a “listening post” to help it better understand battery technology...
...The company has also worked to “stabilise” operations at 125 suppliers and is promising to cut loose those who repeatedly disrupt Ford’s operations....
...The business roundtable was also attended by executives from Vietnamese companies including VinFast, the electric vehicle maker whose valuation overtook those of Ford and General Motors after its Nasdaq...
...Last week US carmaker General Motors dropped plans to build 400,000 electric vehicles by the middle of next year, citing “slowing near-term growth”....
...The company aims to deploy fully driverless vehicles after local legislation is expected to allow it in 2025....
...In contrast, argue the Smiths, their operation in Cornwall will be well placed to serve manufacturers in their region, including a new battery factory to be built by India's Tata Motors in Somerset, 100...
...And inside the vehicles, the technology — the key to unlocking the hearts of Chinese consumers — is now superior....
...Ford plans to license technology from Chinese battery group CATL to use in a $3.5bn factory it plans to build in Michigan as it accelerates a push into electric vehicles....
...Cruise, the driverless car company owned by General Motors, paused its operations after California regulators barred its vehicles from the state’s roads following an accident in San Francisco....
...The US company has also been making cuts to operations to try to boost its profitability, as it grapples with continuing global chip shortages and rising costs....
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