automotive industry – The News Desk

Taiwan’s Foxconn to build ‘AI factories’ with Nvidia

20Oct

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Technology

Taiwan’s Foxconn to build ‘AI factories’ with Nvidia

Taipei CNN — Taiwan’s Foxconn says it plans to build artificial intelligence (AI) data factories with technology from American chip giant Nvidia, as the electronics maker ramps up efforts to become a major global player in electric car manufacturing. Foxconn Chairman Young Liu and Nvidia CEO Jensen Huang jointly announced the plans on Wednesday in Taipei. The duo said the new facilities using Nvidia’s chips and software will enable Foxconn to better utilize AI in its electric vehicles (EV). “We are at the beginning of a new computing revolution,” Huang said. “This is the beginning of a brand new way of doing software — using computers to write software that no humans can.” Large compu...

Stellantis to put second EV battery plant in town where EVs threaten current jobs

11Oct

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Technology

Stellantis to put second EV battery plant in town where EVs threaten current jobs

New York CNN — Stellantis and Samsung plan to build a second EV battery plant in Kokomo, Indiana, a town where many current Stellantis workers see such plants as a threat to their current jobs. EV battery plants are a critical part of the plans of traditional automakers to transition from gasoline-powered cars to electric vehicles in coming decades. But they could be a threat to existing jobs building engines and transmissions, which are not needed in an EV. Stellantis has four plants in Kokomo alone building engines and transmissions, employing more than 5,000 hourly workers between them. Stellantis, which builds cars under the Jeep, Ram, Dodge and Chrysler brands, along with unionized rivals Gener...

3Oct

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Technology

A woman was found trapped under a driverless car. It’s not what it looks like, the car company said

CNN — A pedestrian in downtown San Francisco was found critically injured and trapped underneath a driverless car Monday night. But the company that operates the autonomous car says it’s not at fault. San Francisco Fire Department spokesperson Justin Schorr told CNN early Tuesday that the victim has multiple life-threatening injuries. The driverless vehicle was operated by Cruise, a San Francisco-based self-driving car company and subsidiary of General Motors (GM). But the company says another vehicle was to blame for the pedestrian’s injury. “A human-driven vehicle struck a pedestrian while traveling in the lane immediately to the left of a Cruise AV,” said Cruise spokesperson Navideh...

Dubai to start robotaxi trials next month in major autonomous push

1Oct

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Technology

Dubai to start robotaxi trials next month in major autonomous push

Editor’s Note: A version of this story appears in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Sign up here. Abu Dhabi, UAE CNN — Dubai is rolling out its first round of robotaxis next month, as a part of a plan to alleviate congestion and accidents. Five fully autonomous electric taxis, operated by a General Motors subsidiary called Cruise, will begin test driving on an 8km (5 mile) stretch in the upscale Jumeirah district of the United Arab Emirates city, according to Ahmed Bahrozyan, the CEO of Dubai’s Roads and Transport Authority (RTA). Dubai hopes to become the first Middle Eastern city to introduce driverless taxis, B...

Tesla stock jumps after Morgan Stanley predicts Dojo supercomputer could drive

12Sep

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Technology

Tesla stock jumps after Morgan Stanley predicts Dojo supercomputer could drive

New York CNN — Tesla’s Dojo supercomputer could fuel a $500 billion jump in the electric vehicle maker’s market value, analysts at Morgan Stanley said in a note Monday. Shares of Tesla jumped more than 6% during early trading Monday morning, on the heels of the rosy prediction from Morgan Stanley’s team about the automaker’s supercomputing efforts. The Morgan Stanley team, lead by longtime Tesla analyst Adam Jonas, predicted that the massive drive in value could come from Dojo potentially unlocking new revenue streams through the wider adoption of robotaxis and software services. The analysts compared the potential of Dojo at Tesla to the “same forces that have driven” Amazon Web Services to prope...

GM’s Cruise slashed fleet of robotaxis by 50% in San Francisco after collisions

23Aug

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Technology

GM’s Cruise slashed fleet of robotaxis by 50% in San Francisco after collisions

CNN — California authorities have asked General Motors to “immediately” take some of its Cruse robotaxis off the road after autonomous vehicles were involved in two collisions – including one with an active fire truck – last week in San Francisco. California’s Department of Motor Vehicles confirmed to CNN that it is investigating “recent concerning incidents involving Cruise vehicles in San Francisco.” “The DMV is in contact with Cruise and law enforcement officials to determine the facts and requested Cruise to immediately reduce its active fleet of operating vehicles by 50% until the investigation is complete and Cruise takes appropriate corrective actions to improve road safety,” the departmen...

11Aug

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Technology

Regulators give green light to driverless taxis in San Francisco

CNN — California regulators gave approval Thursday to two rival robotaxi companies, Cruise and Waymo, to operate their driverless cars 24/7 across all of San Francisco and charge passengers for their services. The much-anticipated vote, which followed roughly six hours of public comment both for and against driverless taxis, came amid clashes between the robotaxi companies and some residents of the hilly city. San Francisco first responders, city transportation leaders and local activists are among those who shared concerns about the technology. The California Public Utilities Commission regulates self-driving cars in the state and voted 3-to-1 in favor of Waymo and Cruise expanding their opera...