Sentences with phrase «car companies plan»

Of the 500 cars the company plans to build over the next decade, more than half of them have already been sold.
Those models are among 20 electric cars the company plans to launch by 2023, according to GM spokeswoman Elizabeth Winter.
Volvo has been among the quietest of car companies planning to offer a plug - in hybrid.

Not exact matches

The company, according to the Times, had planned to launch a self - driving car service in Arizona by December.
On March 9, Musk tweeted that he is «adjusting the Boring Company plan: all tunnels & Hyperloop will prioritize pedestrians & cyclists over cars,» adding that the systems «will still transport cars, but only after all personalized mass transit needs are met.
He did it in his recent Tesla master plan, referring to the low chance of success he knew he had when starting Tesla by citing the fact that Ford is the only U.S. car company to have avoided bankruptcy — knowledge he didn't have when he launched Tesla in 2003, six years before GM and Chrysler filed for Chapter 11 bankruptcy.
Electric car company Tesla announced its compensation plan for founder Elon Musk yesterday, and like pretty much everything else the company does, it was calibrated for maximum publicity value.
Tesla's planned truck will feature Enhanced Autopilot, the company's newest semi-autonomous driving technology that is used in its passenger cars.
New CEO Jim Hackett has been trying to convince investors that betting on a Ford turnaround is worth the wager by laying out a plan to get rid of slow - selling, low - margin car models and refocus the company on more lucrative sport utility vehicles and pickups.
Another example is Austin, Texas - based software company Chaotic Moon, which has plans to use Oculus Rift to allow consumers to view and test - drive cars.
Co-founder Daniel Ek told investors that the company was focused on transparency and that his plan for the future focused on: upgrading free users to premium subscribers, reaching scale on many platforms (especially smartphones, speakers and cars), and personalized data from users, who spend about 49 minutes a day on the platform on average.
Jeep has emerged as a the focal point of the automaker's mass - market car plans, without which the company could scarcely attract a partner necessary to weather the disruption looming over the auto industry.
The companies plan to bring a Level 3 self - driving car to market by 2019, and to introduce a Level 4 self - driving vehicle by 2021.
Musk — who already plays leading roles in the SpaceX rocket venture, the Tesla electric car company and the SolarCity solar - energy company — unveiled what he has called the «alpha» version of the Hyperloop plan in a blog post on Monday.
However, while Samsung has licenses for autonomous driving on - road testing in South Korea and California, the FT reports that the company does not plan to manufacture the cars itself.
However, Ammann told Fortune that the company doesn't plan to team up with other ride - hailing companies when it comes to its driverless car ambitions.
But the company did not address the key question: Does it plan to sell driver-less cars to the public or just commercialize the underlying technology.
If Cruise Automation gets that math right — meaning, if the car interprets the sensor data correctly and drives you safely to work while you talk to your colleague about the weather or text your spouse about dinner plans — then the company might have a chance.
Ford announced the car's passing this week as part of major restructuring plan aimed at focusing capital spending on more popular SUVs and technology needed to morph Ford into a mobility company.
The companies already are testing autonomous cars in a Singapore business district and plan to bring the technology to the U.S. and Europe for tests starting next year.
The company said it plans to eventually roll out the service to more cities and car models.
The company's cars will target the mass market in contrast to Tesla's current cars and Karma Automotive's planned first cars.
The company's future — and its giddy stock price — hinge on a seemingly paradoxical strategy: Tesla isn't profitable selling cars for $ 70,000 and up, but it's planning to sell a model for half that price starting in 2017.
His appointment coincided with a string of announcements from the car company, including plans to organize its business into six divisions, while creating a separate portfolio for China, in a bid to decentralize responsibility.
A number of car companies — including General Motors, Volvo, Volkswagen, and Daimler — have all stepped up and announced big plans to ramp up their investments in electric cars.
«The big impact Tesla will have is the reach to which that we induce other car companies to accelerate their plans for electric vehicles.»
Cohen acknowledges that this is a less - than - elegant solution for a company dedicated to getting cars off the road, but she says the company is working with its partners to develop different pricing plans that could help solve the problem.
Grab has been seeking to dominate the regional market for car and motorbike hailing and has expanded into other areas, recently announcing plans to partner with a Japanese credit card company to provide credit to millions of people without bank accounts.
In general, the companies given permits have already publicly revealed their plans to develop self - driving car technology.
U.S. theme park company Six Flags Entertainment Corp (six) plans to expand to Saudi Arabia, its chief executive told Saudi - owned Arabiya TV on Monday, bringing roller coasters and bumper cars to the ultra-conservative kingdom.
On June 21, Musk made headlines, and raised investors» eyebrows, by announcing plans for his Tesla electric - car company to acquire SolarCity.
When Elon Musk shares his vision for space flight or an electric car; or Steve Jobs shuns a CD - happy world for an iPod / iTunes business plan, or Jeff Bezos creates an online book store that will be «the world's most consumer - centric company, where customers can come to find anything they want to buy online,» they are honoring their epiphanies.
The company has ambitious plans to produce 500,000 cars per year by 2018.
Musk is expected to talk a little bit more about how the company plans to finance several of the projects he outlined in his master plan, which includes solar - powered roofs, self - driving trucks and minibuses and a shared network of self - driving cars.
Audi, Volkswagen, and Mercedes are just a few companies that are planning to unveil an electric car by 2020.
Ford had initially planned to reveal its own hydrogen car in 2017, but CTO Raj Nair told Business Insider that the company has pushed back the timeline for its reveal to focus on battery - powered vehicles.
Meanwhile, the company's self - driving car project still hasn't announced any business plan and a bunch of people have left.
The company said that it is planning on delivering a little over 12,000 vehicles in the third quarter, which is a 60 percent increase in car deliveries from the third quarter of last year.
In 2017, the company had said it planned to reach a production rate of 5,000 cars per week for the Model 3, but later revised back that target to the end of the first quarter.
Tesla Motors has announced that it will purchase SolarCity, setting forward Elon Musk's «part deux» plan to merge his electric car and solar energy companies.
Sources revealed that the electric car company has spoken with all the major labels regarding plans to launch its own music streaming service.
But by 2015, the Google car project had come a long way: Google's vehicles had logged more than one million autonomous miles; car companies including Toyota Motor Corp. and Tesla Inc. announced their own plans to develop autonomous systems; and analysts predicted the technology would transform the auto industry.
The car rental business is consolidating, with Hertz's acquisition of Dollar Thrifty in November and the Avis Budget Group's announcement last week that it planned to buy the car - sharing company Zipcar.
Although no plans have been submitted yet, Italian car company Maserati is considering moving onto a 6 - acre site on Smithtown's «Car Row» on Route car company Maserati is considering moving onto a 6 - acre site on Smithtown's «Car Row» on Route Car Row» on Route 25.
Started by William Li, who previously founded the largest provider of car - pricing data to Chinese dealers, the company has a similar vision to that of Faraday Future: it plans to focus on connectivity and infotainment features to take the EV beyond just a form of transportation.
The company has said it plans to offer affected car owners compensation that could include payments for additional gasoline costs incurred because the fuel economy was worse than advertised.
The company plans to unveil it first green cars in China before the end of the year, and in the U.S. and Europe in 2010.
A company that has a controversial plan to build a cable car on the mountain behind Hobart has been ordered to stop work.
Juno asserted that the clinical hold on the ROCKET trial did not affect plans for its other CD19 - directed CAR T - cell product candidates, including JCAR017, for which the company has launched two clinical trials now recruiting patients.
Toyota Motor Corp., which plans to build a new $ 1.6 billion factory in Alabama with Mazda Motor Corp., said the administration's decision will «adversely impact» auto companies by raising costs and prices of cars and trucks sold in the U.S.. That's even as more than 90 percent of the steel Asia's biggest carmaker needs in the U.S. is from the country.
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