GLOBAL
Toyota and NTT to invest $3.26 bln in autonomous driving research
Toyota Motor Corp. and the Japanese telecom company Nippon Telegraph and Telephone Corp. (NTT) are investing 500 billion yen ($3.26 billion) in artificial intelligence research and development to create advanced software aimed at making autonomous driving safer.
Google parent's self-driving car company raises $5.6 bln funding
Waymo, the self-driving car company owned by Google's parent Alphabet, has recently raised $5.6 billion in its latest funding round. The round included major investors such as Andreessen Horowitz, Fidelity, Perry Creek, Silver Lake, Tiger Global, and T. Rowe Price.
Tesla recalls over 125,000 vehicles in US
Tesla is officially recalling 125,227 vehicles in the United States, as per a recent announcement by the US National Highway Traffic Safety Administration. The cited reason for this mass recall is a seat belt warning system malfunction, which could potentially increase the risk of injuries in collisions.
Toyota unveils new 'adaptable' engines for both hybrid and biofuel cars
Toyota has recently unveiled a new line of compact 'adaptable' engines that are designed to work with both hybrid cars and those that run on biofuels. According to the company, these new engines are intended to reduce carbon emissions while catering to diverse customer needs.
Chinese company launches commercial flying taxis
EHang, a Chinese drone manufacturer, has introduced its EH216-S model flying taxi for commercial sale on Taobao, an online shopping platform owned by Alibaba. Priced at 2.39 million yuan ($332,060), the EH216-S is being advertised as "an innovative solution for urban transportation".
Toyota recalls 50k US vehicles over potential airbag explosion
Toyota Motor has recently released a public statement in which it urged owners of 50,000 older US vehicles to stop driving and get immediate recall repairs. As per the statement, this is due to an issue with the airbag inflator, which Toyota says could explode and potentially kill the driver.
Toyota becomes highest-selling automaker 4 years in a row
Toyota, for the fourth consecutive year, has become the highest-selling automaker in the world. According to a recent press release by the company, Toyota Motor has sold a record of 11.2 million vehicles in 2023.
Tesla releases 'upgraded' Model 3 in North America
Tesla, the American automotive company, has recently launched a new version of its Model 3 sedan, which is being called an 'upgraded' Model 3. The new Model 3 is now available in North America at an unchanged price, as per Tesla's official website.
Uber launches air balloon service in Turkey
Uber, the international ride-sharing platform, has recently launched an air balloon ride service in Cappadocia, Turkey. As per Uber, the new service will be available in Turkey's UNESCO World Heritage Göreme National Park, with riders being able to book balloon trips in advance using the Uber app.
BMW shifts focus to 'Neue Klasse' to compete with Tesla
BMW is revisiting its historical innovation, the "Neue Klasse," this time as an all-electric offering.
Meet Cruise, the self-driving ride-sharing service
Cruise, a California-based automobile company, has released a unique 'self-driving' ride-sharing service to passengers in San Francisco and some parts of Austin and Phoenix, US. These driverless, fully electric cars do not require the input of a human driver and have recently received permission to operate 24/7 across the city, barring freeways.
Lamborghini goes electric: Meet the new Lamborghini Lanzador EV
Lamborghini has unveiled the Lanzador, an electric vehicle described as an 'Ultra-GT' at Monterey Car Week.
Toyota unveiled the new Land Cruiser
Toyota has revealed the latest addition to its lineup, the Land Cruiser "250" Series, set to launch in Japan during the first half of 2024.
2023 McLaren Artura: Revolutionising performance cars
The McLaren Artura boasts a design language that is both captivating and aerodynamically optimised.
Lewis Hamilton breaks record in Formula One racing
Lewis Hamilton, a British-born Formula One driver representing Mercedes, has recently broken the record for obtaining the most poles in a single circuit.
Conquering the wild: 10 classic off-road vehicles
When it comes to venturing off the beaten path and conquering the untamed wilderness, there are a select few classic off-road vehicles that have stood the test of time. These rugged machines have paved the way for modern-day adventurers, combining legendary performance, iconic design, and unmatched capability.
Reeves Callaway, legendary Corvette builder, passes away
Reeves Callaway, the visionary founder of Callaway Cars and a legendary figure within the Corvette community, has sadly passed away at the age of 75. Callaway Cars confirmed his untimely demise, revealing that he succumbed to injuries sustained in a tragic fall at his residence in Newport Beach, California. A pioneer known for pushing the boundaries of performance engineering, Reeves Callaway leaves behind a remarkable legacy that forever altered the landscape of high-performance automobiles.
Here's why Electric Vehicles are better for the environment
One of the most compelling reasons why electric vehicles are better for the environment is their significantly reduced greenhouse gas emissions compared to internal combustion engine (ICE) vehicles.