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Archive for the ‘Technology’ Category

GM Partners With Shell to Offer In-Car Payment for Gas

Pay & Save makes getting gas easier.

by on Aug.17, 2018

Using Shell's Pay & Save app, GM Marketplace users can pay for gas from their car.

It’s an increasingly “mobile” world and General Motors is looking to make it a little easier through a partnership with Shell called “Pay and Save” allowing users to pay for and get discounts on gas using an imbedded app in the infotainment system.

Using the GM’s Marketplace app, users can now locate the nearest Shell station and pay for gas without having to get more than a foot away from their vehicle and without swiping a credit card or using a smart phone to complete the transaction.

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To use this feature, users will press the Shell icon within Marketplace and select their preferred station location. After a few taps on the in-vehicle touchscreen, a code will be generated that allows the user to activate a desired pump and start fueling. Payment is then automatically charged to the payment method on file, with Fuel Rewards savings applied. (more…)

Musk Laments “Excruciating” Toll He’s Faced at Tesla

But no plans to give up post as CEO.

by on Aug.17, 2018

Tesla CEO Elon Musk revealed that he feels like this has been the toughest year of his life.

Forget the amusement park. Anyone who wants to ride a roller-coaster might be better off purchasing Tesla stock. But no one has faced more ups-and-downs during the last year than the automaker’s co-founder and CEO Elon Musk.

Even as Tesla appears to be resolving its production problems and seems poised to deliver a long-promised profit, the automaker and its CEO are facing a probe by the SEC, lawsuits filed by several short-sellers, additional investigations by the NLRB, NHTSA and the NTSB, and allegations of safety and quality problems by several self-styled whistleblowers.

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No wonder, “This past year has been the most difficult and painful year of my career,” Musk said in an interview newly published by the New York Times. “It was excruciating.” (more…)

Ford’s Autonomic Inks Deal in China With Alibaba Cloud

New deal boosts autonomous vehicle business potential

by on Aug.17, 2018

Liu Fei, director of Automobile Division, Alibaba Cloud (left) and Gavin Sherry, CEO and co-founder of Autonomic, after signing the deal.

Ford Motor Co. has taken another step toward bolstering its sinking operations in China with a new partnership to put autonomous vehicle technology into the Chinese market.

Autonomic, a wholly owned subsidiary of Ford Smart Mobility LLC and the cloud computing arm of Alibaba Group, one of the world’s leading Internet-oriented companies, have signed a Memorandum of Understanding to bring to China the Transportation Mobility Cloud – a transportation and mobility solution for connected vehicles developed by Autonomic.

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“The TMC is positioned to help automakers succeed and meet growing demand for connected vehicles and mobility services in China,” said Gavin Sherry, co-founder and CEO of Autonomic. (more…)

Infiniti Electrifies the “Classic Speedster” with Pebble Beach Concept

Japanese luxury maker offers a more revealing tease of Prototype 10.

by on Aug.16, 2018

The Infiniti Prototype 10 is meant to give the classic roadster a battery-powered kick.

Infiniti is doing a slow fan dance as it begins to reveal the “daring electrified speedster” it will formally unveil at the Pebble Beach Concours d’Elegance later this month.

It’s the latest in a series of extreme concepts and more conventional production models that the Japanese luxury brand has brought to the annual Pebble Beach event and the new Prototype 10 is meant to highlight Infiniti’s planned shift to electrifying future products.

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Electrifying!

“It is appropriate that we found inspiration in an optimistic bygone era in which cars were characterized by the simple love of driving,” says Karim Habib, Infiniti’s Executive Design Director. But while Prototype 10 may be meant to celebrate what Habib calls “some of the most evocative car designs of all time, where power was celebrated through high – powered single – seat competition cars,” it is anything but a retro-mobile. (more…)

Kroger Launches Driverless Delivery Pilot in Scottsdale

Debut echoes Waymo/Walmart partnership.

by on Aug.16, 2018

The Kroger project won't completely solve the "last mile" challenge. Customers still will have to go out and grab their bags from the delivery vehicle.

While it may take some time before you can hail a driverless ride-sharing vehicle, you may soon be able to have your groceries delivered autonomously – at least if you live in certain parts of greater Phoenix.

Kroger has teamed up with Nuro, a self-driving tech firm to launch a trial grocery delivery program in one part of the Southwest community, and could roll it out to other parts of the country if it proves successful. The move comes shortly after rival Walmart announced a similar pilot program pairing it with Google’s autonomous vehicle spin-off Waymo.

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“Kroger wants to bring more customers the convenience of affordable grocery delivery,” Kroger Chief Digital Officer Yael Cosset said in a statement.

(more…)

Chinese EV Maker Nio Eyes $1.8B IPO on NYSE

EV maker joins other Chinese automakers on exchange.

by on Aug.16, 2018

Chinese EV maker Nio is preparing its $1.8 billion IPO for the New York Stock Exchange.

A Chinese electric vehicle start-up, Nio, which is backed by one of China’s largest technology companies, is preparing for a $1.8 billion initial public offering of its American depositary.

It represents the biggest U.S. listing by a Chinese automaker, according to reports from China.

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Nio is backed by Tencent Holdings Ltd, a company with holdings the internet, technology and gaming as well as other ventures, including the emerging automotive-oriented mobility industry, has is seeking a float of up to $1.8 billion, according to its filing with the Securities and Exchange Commission. It will go public on the New York Stock Exchange under the symbol “NIO.”  (more…)

Ford Spending $740 M to Revamp Dilapidated Train Station, Campus

Automaker hopes to get $250M in assistance for the project.

by on Aug.15, 2018

A rendering of what Ford's new campus, including Michigan Central Station, in Corktown will look like.

Ford recently unveiled its plan to move its electric and autonomous vehicle operations into a campus in southwest Detroit, anchored by a historic train station the company plans to refurbish during the next few years.

The move to reinvent the former Michigan Central Station was hailed by Detroit politicians and neighborhood advocates; however, other than a nebulous figure of $4 billion it planned to invest overall, no real dollar amount for the new campus was released.

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Ford disclosed Tuesday at a meeting with community leaders it plans to spend $740 million to revamp Michigan Central Station, as well as other neighborhood sites. The automaker aims to turn the building into a campus of offices for up to 5,000 employees. (more…)

White House Knew Key Justification for Cutting Mileage Rules Was False

Reducing fuel economy standards will increase, not cut, highway deaths, according to EPA data.

by on Aug.15, 2018

The Trump Administration claimed that cutting the mileage standards would save lives, but internal EPA e-mails show the opposite to be true.

When the White House announced plans to rollback Obama-era fuel economy standards earlier this month, administration officials claimed the move would lead to a reduction in U.S. roadway fatalities. But senior staffers at the Environmental Protection Agency actually warned that quite the opposite was likely, and that the regulatory changes would increase highway deaths.

Internal e-mails sent by EPA officials to the Office of Management and Budget, or OMB, raise new questions about the plans to freeze the Corporate Average Fuel Economy, or CAFE, standards at 2020 levels, well short of the 54.5 mpg target that was to be phased in through 2025. And the messages appear to give new ammunition to those attempting to block the rollback in court.

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The “proposed standards are detrimental to safety, rather than beneficial,” William Charmley, the director of the EPA’s assessments and standards division wrote to the OMB on June 18, the interagency e-mail indicating highway fatalities could be expected to increase by 17 annually.

(more…)

Musk, Tesla Board, Move Forward on Privatization Plan

Carmaker hires Goldman, Silver Lake to advise.

by on Aug.14, 2018

Whether Elon Musk could justify tweeing "funding secured" is a matter of hot debate.

Even as questions mount about CEO Elon Musk’s plan to take the automaker private, the car company’s board is beginning the necessary steps to evaluate a proposal, with investment firms Silver Lake and Goldman Sachs brought in to offer advice on what appears to be a Saudi-funded buy-out.

Those developments come just a week after CEO Musk tweeted his interest in taking Tesla private while also hinting that “funding (is) secured.” Precisely where the funding will come from has become a central question, though Musk on Monday put up a blog post indicating he has been meeting with managers of the Saudi Arabian sovereign investment fund who have expressed interest in backing the plan.

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Tesla, meanwhile, now faces a probe by the SEC, as well as at least two lawsuits filed last week questioning whether the South African-born executive’s proposal was, in reality, a “nuclear attack” on by short-sellers.

(more…)

Honda Adds Upgraded Safety Tech on 10th-Gen Civic

New option ups the safety factor for new Civic.

by on Aug.14, 2018

The 10th-generation Honda Civic gets a new "Sport" update as well as the Honda Sensing safety technology.

Honda is making its “Honda Sensing” driver assistance technology standard on the 2019 Honda Civic sedan and coupe.

The suite of safety technology, which includes collision mitigation braking with forward collision warning; road departure mitigation, incorporating lane departure warning, lane keeping assist and adaptive cruise control, is standard or available equipment on all Honda car and light truck nameplates, Honda officials noted.

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The 10th-generation Civic line-up for the 2019 model year will also include updated styling and new Sport trim for both body styles. (more…)

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