google-self-driving-car

Google self-driving project set to graduate from X Labs

Google’s self-driving project may graduate from X Labs, the company’s moonshot incubator, in a few months, according to project leader and ex-Hyundai CEO John Krafcik. Speaking at the Nikkei Innovation Forum in Palo Alto two months ago, Krafcik said that the project will become its own division inside Alphabet, Google’s holding company, and would greatly […]

baidu-self-driving-shuttle

Baidu unveils its own all-electric self-driving car

Baidu plans to swap the modified BMW 3-series that its been using since the start of its self-driving tests for a modified Chery EQ, a small four-door hatchback manufactured in China. The fully-electric car has already entered the fleet, according to a Baidu spokesperson speaking to Business Insider. Not much else is known about the […]

Would it make sense for Tesla to buy Lyft?

This morning, after hearing about Tesla’s “big announcement” coming this afternoon, I speculated on Twitter that maybe the electric vehicle iconoclast was looking to buy ride-share firm Lyft. It would definitely be a “new product” for them. But I was wrong, mea culpa. Turns out it’s a new battery pack, a longer range, and a […]

Uber China merging with Didi in $35 billion deal

Uber China merging with Didi in $35 billion deal

After investing billions of dollars in the Chinese market, and failing to turn a profit, Uber China is merging with its biggest competition in the region, Didi Chuxing. This deal, which is set to grow Didi’s valuation to a healthy $35 billion, will improve profitability as the two companies will be able to combine their […]

google-self-driving-car

Self-driving car market worth trillions by 2030?

As the world’s biggest players in IT and the car makers dive frantically into self-driving cars, a new report estimates this market will grow to an astonishing $2.6 trillion annually within 15 years. The site Gas2.org reports the startling growth prospects for self-driving cars revealed in a new Mogran Stanley report led by Katy Huberty. […]