Volvo Cars has announced new financial and operational ambitions that will position the company as a leading player in the global automotive business by the middle of the next decade. On the operational side, it expects to generate half of all sales annually from fully electric cars, one third of all cars sold to be [...]

Tom Wood, Ceo of Cazana has signed the startups first US partnership with Edward Robinson of Robinson Advisory to support Cazana’s expansion in the US market. Robinson Advisory LLC, is led by ex-CEO of BMW financial services USA Ed Robinson. This appointment was made during Cazana’s trip to Boston and Chicago which was organised by [...]

ABI Research has found that high Robo-Taxi vehicle utilisation rates above 70% will be required to undercut the current cost of vehicle ownership of $0.71 per mile. At these rates, ensuring minimal Robo-Taxi downtime through over-the-air (OTA) updates and advanced prognostics, as well effective fleet-management will be crucial to future driverless mobility providers. Without it, [...]

NEVS, a leading Swedish electric vehicle manufacturer, has taken another step towards autonomous driving by using Phantom Auto’s teleoperation safety technology. NEVS (formerly Saab Automobile) and Phantom Auto, a leading provider of teleoperation safety technology for autonomous vehicles (AVs), are collaborating to ensure the safe and efficient deployment of NEVS’ electric AVs throughout the world. [...]

A federal investigation has found that a self-driving Uber SUV that hit and killed a pedestrian in March had its emergency braking system disabled. The preliminary report, issued by the National Transportation Safety Board (NTSB), stated that while the vehicle’s guidance system had spotted the woman about six seconds before impact, emergency braking manoeuvres were [...]