Auto supplier Continental shifts gears — and its capital — to an electric future

Continental AG, a global auto-parts supplier, will no longer invest in parts used in internal combustion engines, the latest sign that the automotive industry is being forced to respond to increasingly strict emissions laws. Instead, the company said it will put more focus and capital on the electric powertrain, which it believes is the “future […]

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The future of car ownership: Cars-as-a-service

Car shoppers now have several new options to avoid long-term debt and commitments. Automakers and startups alike are increasingly offering services that give buyers new opportunities and greater flexibility around owning and using vehicles. Cars-as-a-Service In the first part of this feature, we explored the different startups attempting to change car buying. But not everyone […]

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Geely is turning to Zenuity as its self-driving software supplier

China-based Zhejiang Geely Holdings is tapping Zenuity, the joint venture between Volvo and Swedish technology company Veoneer, as its preferred driver assistance and autonomous vehicle software supplier for its range of car brands. The decision means Zenuity’s software will likely end up in vehicles under the brands Geely Auto, Geometry, Volvo Cars, performance brand Polestar, […]

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Volvo teams up with Nvidia to develop self-driving commercial and industrial trucks

Volvo and Nvidia announced a new partnership today aimed at developing the next-generation decision-making engine for Volvo Group’s fully autonomous commercial trucks and industrial service vehicles. The partnership will use Nvidia’s Drive artificial intelligence platform, which encompasses processing data from sensors, perception systems, localization, mapping and path prediction and planning. Volvo already has some freight […]

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Volvo’s sporty looking Vera self-driving electric truck will go to work in Sweden

The Vera autonomous, electric truck from Volvo’s trucking subsidiary is not what you might expect in a transport truck – it looks like a road-hugging sportscar, something emphasized by its lack of a place for humans to sit. The real reason it looks like this is that it’s totally self-driving, however – and tailor-made for […]

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The future of car ownership: Building an online dealership

Buying a car is painful. Dealerships are the worst, and the options are endless. The rise of the Internet produced powerful tools for shoppers, but in the end, most buyers still have to trudge down to a car lot. For this series of articles, TechCrunch spoke with several founders and investors attempting to rethink car […]

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The future of car ownership: Building an online dealership

Buying a car is painful. Dealerships are the worst, and the options are endless. The rise of the Internet produced powerful tools for shoppers, but in the end, most buyers still have to trudge down to a car lot. For this series of articles, TechCrunch spoke with several founders and investors attempting to rethink car […]

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Mercedes-Benz is expanding its luxury subscription service

Mercedes-Benz is expanding a pilot subscription service that lets users switch between different luxury models to a third U.S. city a year after launching in Nashville and Philadelphia. The pilot is another example of how automakers are experimenting — with mixed levels of success — with different ways to make money beyond producing and selling […]

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Volvo inks multi-billion dollar battery deals with LG Chem and CATL for EVs

Volvo Car Group has inked a massive multi-billion dollar supply deal with the Chinese battery manufacturer, CATL, and Korea’s LG Chem to supply its planned fleet of electric vehicles. The lithium ion batteries from both suppliers will power the development of Volvo Cars’ electrification strategy for its own brand and the company’s Polestar joint venture […]

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Uber spent $457 million on self-driving and flying car R&D last year

Uber spent $457 million last year on research and development of autonomous vehicles, flying cars (known as eVTOLs) and other “technology programs” and will continue to invest heavily in the futuristic tech even though it expects to rely on human drivers for years to come, according to the company’s IPO prospectus filed Thursday. R&D costs […]

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