Sentences with phrase «new car startup»

Not exact matches

The car share company, which operates in 63 countries and 300 cities, is currently the most valuable privately held startup, worth a staggering $ 52 billion, and its valuation could notch even higher as it is reportedly seeking a new round of financing, reportedly worth $ 1 billion.

According to the complaint, the two men met just after Vogt founded his then new startup, Cruise, which develops technology that turns traditional cars into ones capable of autonomous driving.

Highlights so far include Chinese startup Byton's new electric concept car, LG's smart washer and dryer, a 3D face - scanning camera by Bellus3D, and a keynote address by NVDIA's CEO Jensen Huang.

New money: Chris Urmson, former head of self - driving cars at Google (now Waymo), has revealed details about his stealthy startup, Aurora Innovation, to my colleague Kirsten Korosec.

It's only been a year since news broke about a new secretive, self - driving car startup called Aurora and the startup is already announcing two giant auto - maker as customers: Volkswagen and Hyundai.

New Delhi - based intra-city bike and car - pooling startup Pooltoo, headed by three women entrepreneurs, have raised an undisclosed amount in seed funding from Devika Ganesh, a high - net - worth individual.

«On or around» Jan. 5, 2016: Levandowksi tells Waymo engineer Droz that he plans to «replicate» Waymo technology at a new self - driving car startup, according to testimony from Droz.

Car companies like GM, Volkswagen, Daimler and many others are putting billions of dollars towards backing a range of startups that are building technology and services for that brave new automotive future (a small handful of examples: GM investing $ 1 billion in Lyft, Volkswagen investing $ 180 million in smart car tech maker Mobvoi, and Ford pumping $ 1 billion into Argo AI for self - driving tecCar companies like GM, Volkswagen, Daimler and many others are putting billions of dollars towards backing a range of startups that are building technology and services for that brave new automotive future (a small handful of examples: GM investing $ 1 billion in Lyft, Volkswagen investing $ 180 million in smart car tech maker Mobvoi, and Ford pumping $ 1 billion into Argo AI for self - driving teccar tech maker Mobvoi, and Ford pumping $ 1 billion into Argo AI for self - driving tech).

«We were having dinner at a restaurant near the office, and [Levandowski] told me that it would be nice to create a new self - driving car startup and that Uber would be interested in buying the team responsible for the LiDAR we were developing at Google.»

Both traditional automakers and the bevy of startups see potential in the government's commitment to boost yearly sales of new - energy vehicles — its term for plug - in hybrid and fully - electric cars — by 10-fold in the next decade.

These partners are Mercedes - Benz, which was recently reported to be preparing to unveil a fleet of electric vehicles based on a completely new architecture; Nvidia, which just launched the artificial intelligence - powered palm - sized Drive PX 2 computer for self - driving cars; Otto, an autonomous truck startup that was acquired by Uber last month; and Didi Chuxing, which recently bought out Uber's operations in China.

Transit X, an eco-minded transportation startup, thinks that we need a new type of public transportation that will encourage more people to take their cars off the road.

Then there's the sound: The new exhaust looks menacing, snarls on startup and shrieks like an F1 car at full tilt on the straights.

A demonstration of the new suspension showed the virtual elimination of the «Z - squat,» the lowering of the back end of the car during full - throttle startups.

Tesla has shown that it is possible for a startup to make a great new car, but it's the exception, not the rule.

While Faraday Future posed as the newest California electric car startup that attracted top auto industry talent, 10 former employees and one person close to the company say the behavior and business practices of its chief investor have brought business to a halt.

Troubled EV startup Faraday Future scrounged up new funding at the end of 2017, and even made a surreptitious appearance at CES, wooing CNET and a few paid YouTube influencers with the intoxicating speed of its electric car.

Late last month, the seemingly incapable - of - escaping - trouble electric car startup Faraday Future filed a lawsuit against a new rival helmed by its former chief financial officer, Stefan Krause.

Perpetually troubled electric car startup Faraday Future filed a lawsuit on Monday against the company's former chief financial officer, Stefan Krause, alleging that he stole a number of trade secrets and improperly solicited employees to join him at a new startup.

But LeEco, whose owner Jia Yuentig is behind the Silicon Valley car startup, reportedly received $ 1.44 billion from an unidentified investor on the same day it broke ground on a new electric car factory in China.

Still no word yet on the possible merger with rival T - Mobile... Auto parts maker Delphi is buying autonomous car startup NuTonomy for $ 400 million... Overstock.com aims to hold the largest - yet initial coin offering, topping FileCoin's $ 257 million offering in August... Uber is adding a «long pickup fee» as part of an effort to make rides more attractive where drivers have to go a distance before starting the ride; the question is how it will go over with riders... AMD returned to profitability driven by sales of its Ryzen processor, per VentureBeat... Apple acquired New Zealand - based wireless charging firm PowerbyProxi for an undisclosed sum... TechCrunch reports that Honolulu has given final approval to a law that fines pedestrians who are looking at their phones while crossing a street.

On Sunday at CES, new Chinese - backed car startup Byton unveiled its first drivable prototype — an electric crossover with a screen for a dashboard that's set to launch in late 2019.

Sure, it wasn't the kind of buzz you'd get from revealing a new car — something the latest electric car startup, Byton, enjoyed this week.

If we've seen anything from the green startup automakers who sought Energy Department loans, it is very, very hard to get a new car company off the ground, let alone make it profitable using new technology.

It looks like Tesla is going to face a new competitor in the luxury electric car market soon: an upcoming startup called Faraday Future.

A startup carmaker, Faraday Future, is promising again to have electric cars roll off a new $ 1 billion assembly line in southern Nevada in 2018.

Like a few other relatively new Chinese car startups, Byton is based in China but has an office in Silicon Valley.

Hundreds of jobs were created recently with the startup of a Union Tank Car Company facility northwest of the city, as well as a new PlastiPak plant in nearby Pineville.