Tag: Automotive industry

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‘Peak hype’: why the driverless car revolution has stalled

By 2021, according to various Silicon Valley luminaries, bandwagoning politicians and leading cab firms in recent years, self-driving cars would have long been crossing the US, started filing along Britain’s motorways and be all set to provide robotaxis in London. 1 January has not, however, brought a driverless revolution. Indeed in the last weeks of…
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January 3, 2021 0

Uber sells loss-making flying taxi division to Joby Aviation

Uber has sold its loss-making flying taxi division, Elevate, to a Californian startup as it abandons costly side projects in an attempt to turn a profit next year. The sale to Joby Aviation, announced late on Tuesday, comes a day after Uber ditched ambitions to develop its own self-driving car and sold its autonomous vehicle…
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December 9, 2020 0

Uber ditches effort to develop own self-driving car

Uber has ditched efforts to develop its own self-driving car with the multibillion-dollar sale of its driverless car division to a Silicon Valley startup. The ride-hailing company is selling the business, known as Advanced Technologies Group (ATG), for a reported $4bn (£3bn) to Aurora, a start-up that makes sensors and software for autonomous vehicles and…
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December 8, 2020 0

Car sales rise and car-share companies boom as pandemic upends transportation

Like many people in recent months, AnnaLiisa Ariosa-Benston of Brooklyn has seen her primary sources of income transform in the wake of the coronavirus pandemic. An arts event producer, she now is picking up odd jobs in renovation and design to make money. And to do so, she has found – for the first time…
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August 12, 2020 0

Are flying taxis ready for lift-off?

It’s right up there with meal pills, jetpacks, robot butlers and colonies on Mars. Since at least 1962, when the TV cartoon characters George, Jane, Elroy and Judy Jetson first took to the skies, flying cars have been a staple of speculative visions of the future. Designs for dozens of small, affordable, personal flying machines…
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March 7, 2020 0

Self-driving car drove me from California to New York, claims ex-Uber engineer

Anthony Levandowski, the controversial engineer at the heart of a lawsuit between Uber and Waymo, claims to have built an automated car that drove from San Francisco to New York without any human intervention.


December 18, 2018 0