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Intel Is Exploring Sale of Part of Stake in Mobileye

Intel is considering options for its stake in its struggling automated driving systems provider Mobileye as part of a major strategy overhaul, people with knowledge of the matter said. 

September 6, 2024

California Passes Similar AV Legislation Vetoed Last Year

For the second straight year, California lawmakers forwarded legislation to the governor that would require drivers to be in the cab during the testing of autonomous heavy trucks in the state.

September 5, 2024

Uber Invests in Self-Driving Software Firm Wayve

Uber Technologies is making a strategic investment in U.K.-based autonomous driving software provider Wayve Technologies.

August 29, 2024

Polestar Names Ex-Nikola Chief Lohscheller as New CEO

Polestar named Michael Lohscheller its new CEO as the electric vehicle maker seeks to stem deepening losses and fix ongoing operational problems.

August 28, 2024

Questions Grow About Safety of Tesla’s ‘Full Self-Driving’

Driver experiences and crashes involving Tesla's "Full Self-Driving" system have drawn the attention of federal regulators.

August 28, 2024

China’s WeRide Delays US IPO Just as Deadline Nears

WeRide Inc. has postponed its plan for a U.S. initial public offering, according to people with knowledge of the matter, days before Chinese regulatory approval lapses.

August 22, 2024

Will Amazon’s AI Bet Pay Off?

More than any of the megacap technology stocks, Amazon.com Inc.’s big-spending ways are coming at the expense of profits, and its shares are being punished as a result.

August 20, 2024

Tesla Gets Lower EU Tariff Than Chinese Rivals in Draft Plan

For Tesla Inc., the 9% tariff is relatively welcome news, as it’s lower than what other manufacturers face.

August 20, 2024

GM to Cut More Than 1,000 Software Engineers, Mostly in US

General Motors Co. is cutting more than 1,000 software engineers as the automaker moves to lean up its software and services organization, said a person familiar with the matter.

August 19, 2024