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Canadian supplier Magna International Inc. struck a deal with Optimus Ride to hire more than 120 of the Boston self-driving shuttle company’s engineers and acquire its autonomous-vehicle technology and intellectual property. Terms were not disclosed in a statement released Tuesday. While Magna is not outright acquiring Optimus, the supplier has hired a majority of its
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The Suburban Collection, a group of 34 Michigan dealerships owned by Lithia Motors Inc., for the first time is using TV commercials to look for employees. The recruitment campaign, which began in October and features ads on broadcast and streaming TV and social media, is already helping Suburban’s hiring efforts in this tight labor market,
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It took unprecedented supply interruptions and a global pandemic to do it, but 2021 will go down in history as the U.S. auto industry’s Great Jostling. Things that seemed as if they would always stay true fell by the wayside. Former industry upstarts hit their strides and rocked the status quo. Unmet demand for new
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The U.S. Department of Transportation has set six guiding principles for balancing the federal government’s role with ongoing innovation in the transportation sector. U.S. Transportation Secretary Pete Buttigieg unveiled the principles Thursday during a virtual keynote at CES. “As policymakers, we have to prioritize,” Buttigieg said. “We need to assess which important innovations will develop
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Startup company Battery Resourcers plans to open a recycling plant for lithium-ion batteries in Georgia this year, as automakers shifting to EVs drive up demand for the energy-storage devices. Battery Resourcers will invest $43 million in the facility and expects it to be fully operational in August, the Worcester, Mass., company said in a statement
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Hyundai Motor Co. is leveraging its robotics expertise to develop scalable mobility platforms that can employ a single module to move a video screen across the room or multiple units to create a personal transportation pod for short distances. That includes the use of robots to bridge the gap between the real world and virtual-reality
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TuSimple Holdings Inc. on Tuesday said it has partnered with Nvidia Corp to use the company’s vehicle chips to design and build an advanced autonomous driving computer for its self-driving trucks. The computer, known as a domain controller in the automotive industry, will be specifically engineered for TuSimple’s commercial self-driving trucks, and will power sensor
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CES, the annual technology showcase in Las Vegas, makes an in-person return this year, at least partially. Several companies have switched to online reveals and briefings due to the rise of the omicron variant of the virus that causes COVID-19. Here are the automotive and mobility technology updates from the show, both live and virtual:
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Chip shortages have delayed the launch of a key new McLaren model — again. Deliveries of the Artura have gotten pushed to early July, the third delay of McLaren’s plug-in hybrid supercar. The original October 2020 market launch was delayed to June 2021 because of operating challenges caused by the pandemic. Supplier-related issues then pushed
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Tesla Inc. and Elon Musk may have extra to celebrate for New Year’s Eve on Friday as workers push toward record quarterly deliveries in the waning hours of 2021, capping a remarkable year in which the electric-car company’s market value zoomed past $1 trillion. Deliveries are one of the most closely watched metrics at Tesla:
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Rivian Automotive Inc. is delaying deliveries of electric pickup truck and SUVs equipped with Max battery packs to 2023, CEO RJ Scaringe said in a letter to customers on Tuesday. Scaringe said the majority of Rivian’s roughly 71,000 preorders for the R1T pickup truck and R1S SUV in the United States and Canada were for
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Geely Holding said its premium electric mobility brand, Zeekr, will make electric vehicles for Waymo, Alphabet Inc.’s self-driving unit, to be deployed as fully autonomous ride-hailing vehicles across the United States. The vehicles will be designed and developed at Zeekr’s facility in Sweden, and later integrated with Waymo’s self-driving technology, Geely said on Tuesday. Waymo
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Would 2022 really be another pandemic sequel? A friend pointed out on Twitter that “2022” said out loud is like “2020, too” or “2020 2.” (Of course, 2021 was the sequel to 2020. Maybe ’22 can be the end of the trilogy?) Seriously, we don’t need another year of trying to figure out how to
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