On Saturday evening, barely 48 hours after the U.S. Securities and Exchange Commission filed a fraud lawsuit against Tesla CEO and Chairman Elon Musk, the regulator announced a settlement in the case. Musk and the company will each pay a $20 million…
Category: Forbes
Hyundai Adopts Nvidia Parker ‘System On A Chip’ For Infotainment
Nvidia is by no means a newcomer to the automotive industry with many automakers from Honda to Mercedes-Benz now running infotainment systems on processors designed by the Santa Clara-based company. The latest to join the party is Hyundai Motor Group…
Waymo’s $30 Billion Valuation Shows The New Reality Of Automated Driving Is Sinking In
There was a surprise announcement from Waymo this week that it took in $2.25 billion in outside investment. It’s noteworthy because it’s the first time since the Google self-driving-car project was launched in 2009 that funding had come from anywhere…
Garrett Electric Turbochargers Headed To Production In 2021
Electric motors are undoubtedly becoming a larger and more important element of the automotive propulsion landscape with each passing year. Directly supplying torque to turn the drive wheels is the most obvious use case as in hybrid and electric…
Bosch Consolidates All Automotive Software And Electronics Into New Division
In recent months we’ve been hearing more and more about the software-defined car as the future. Increasingly, almost all systems in the vehicle are being controlled by computers and that has led to a massive proliferation of code and processors.…
BMW Jumps Into Electric SUV Race With 2022 iX
Twelve years after launching its Project i electrification program with the original Mini E test fleet, BMW is finally bringing to market its second purpose-built electric vehicle, the iX. Unlike the first two i models, the compact i3 urban commuter…
The Future Of Urban Mobility From The Top Of GM And A Chicago Lyft Driver
It’s fascinating how two seemingly totally disconnected events can sometimes turn out to be so closely tied. Last night, after speaking at a conference in downtown Chicago, I used Lyft to get to O’Hare airport for my return to Detroit. This morning…
Infiniti Launches New QX55 Crossover Inspired By FX
It could be quite reasonably be argued that the vehicle that kicked off the wave of so-called SUV “coupes” now produced by so many premium brands was the 2003 Infiniti FX which predated the BMW X6 by five years. On the other hand, the real genetic…
Velodyne’s $500 Velarray Solid-State Lidar Goes Into Production In 2021
Velodyne was the pioneer in automotive lidar sensors, providing the units used on the vehicles that won the DARPA Grand Challenge 13 years ago. Those iconic rotating buckets on the roof of many early automated driving prototypes worked, but at…
FordPass Connect Goes Fee-Free For Life
As automakers scramble to find new revenue streams to overcome stagnating and even falling sales, connected services are becoming ever more important. General Motors launched the first cellular connectivity system with the debut of OnStar back in…