Sentences with phrase «traditional automakers»

Many of these companies, especially traditional automakers, are looking to startups to develop the technology they need to keep up with the competition.

This isn't to say that traditional automakers don't get government assistance.

Self - driving cars would almost certainly cause dramatic shifts in the business models traditional automakers have relied on for decades in other ways, bringing challenges but also new opportunities.

This explains why traditional automakers have begun joining forces with car service providers.

Even traditional automakers are seeing the future of transportation as radically different.

And with traditional automakers slow to cannibalize their combustion engine vehicles, he thinks it's going to be hard for them catch up to on electric, despite the production problems plaguing Tesla's new Model 3 sedan, its first vehicle aimed at the mass car - buying market.

Among them are tech companies such as Waymo, which took over Google's self - driving project last year, as well as traditional automakers such as Toyota and BMW.

Tesla and scores of others from traditional automakers to technology firms are all competing for a slice of China's fast - growing new - energy vehicle market as the country looks to impose tough new tariffs to encourage production of «green» cars.

Despite Tesla Motors» bold bet on consumer demand for all - electric vehicles, traditional automakers at the show are pushing the trucks and SUVs that generate fat profits, in a reflection of how cheaper gasoline is influencing consumer spending.

The 25 - person firm is facing off against a number of bigger - name rivals such as Google (goog), Tesla (tsla), Uber and traditional automakers such as Ford (f), General Motors (gm), and Toyota (tm), in the race to deploy autonomous vehicles.

Then he added, «Despite all the naysayers and the skeptics, we will persist,» before adding that the company's «clean sheet» gives it an advantage over traditional automakers.

Among them are tech companies like Waymo, which took over Google's self - driving project last year, as well as traditional automakers like Toyota and BMW.

Traditional automakers including Nissan, Audi and Toyota are developing self - driving cars as well, while newer technology outfits are also getting involved.

From Tesla's push toward automation and self - driving capabilities to its treatment of car as software (with system updates beamed out over the air) to simply making electric vehicles cool, the traces of Tesla's new paradigm are increasingly visible in the way more traditional automakers are designing and engineering their cars.

We've heard big EV promises from other traditional automakers before.

Whereas traditional automakers are happy with simple tweaks from year to year, they typically complete major overhauls to design and functionality every four or five years.

«Traditional automakers adjust bottlenecks on the fly during a launch,» Dave Sullivan, an analyst at AutoPacific Inc., said in an email.

First, the company may pump the same ads into self - driving cars that appear on Google's search engine, and second, it may be able to profit through licensing arrangements that let traditional automakers participate in its ride - sharing and other self - driving services, he said.

The transportation space has been rocked by technology companies like Uber and Google, leaving traditional automakers racing to keep up.

In reality, 2017 was the year that traditional automakers ramped up their counter assault on Tesla's electric vehicles, with plans for everything from fuel cells and solid - state batteries to new ways to make the internal combustion engine cleaner and more efficient.

When Tesla introduced its much lauded Model S in 2012, it created something traditional automakers thought impossible: an electric luxury car that wealthy consumers aspire to own, enthusiast magazines rave about and Wall Street investors worship.

Both Kim and his fellow representative have worked at large traditional automakers, so I asked: Why don't shops like BMW and Jaguar Land Rover pull stunts like Faraday?

Traditional automakers now directly employ hundreds in Silicon Valley, which is also home to Palo Alto - based Tesla Motors Inc..

Even though it still doesn't have a real product in sight, Faraday asserts that its nimble structure gives it an edge over traditional automakers.

HARTFORD — Old and new collided at the General Assembly's transportation committee Wednesday as traditional automakers and Tesla Motors, for a second year, debated a proposal that would allow electric car companies to sell directly to consumers, instead...

But Rusch said he's still a believer in the overall Tesla story because it's innovating at a faster rate than traditional automakers.

Meanwhile, traditional automakers are developing driverless cars of their own.

This is the first time that a Silicon Valley company has partnered with a traditional automaker to create a driverless vehicle.

Yet while it's worth more than both General Motors (gm) and Ford (f) in stock market value, Tesla (tsla) still makes far less in sales than the traditional automakers, and therefore is ranked much lower on the list.

Google, which plans to introduce self - driving cars by 2020, isn't a traditional automaker — and it shows.

«Traditional automakers have different skillsets and understanding of the market, and those are all valuable to us,» Kevin Chen, general manager of Didi's automotive service platform, told Reuters in an interview.

Traditional automakers and Silicon Valley upstarts may be taking divergent approaches to teaching cars to drive autonomously, but everyone agrees that cars that don't text, fall asleep, drink, or drive erratically may eventually save thousands of lives that would otherwise be lost to human - caused car crashes.

Traditional automakers, big tech giants and small, well - funded startups are scooping up all the talent they can through acquisitions and mergers.

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.

«To gain a competitive advantage against new entrants from technology companies, traditional automakers must identify the right, strategic partnerships between technology companies and auto - manufacturers in order to gain access to technologies.

«If they are going to hit the levels that they want to, they have to look more like traditional automakers than this all - electric thing,» he says.

The traditional automaker converted a bear to a bull Tuesday to tally its 13th Buy rating against eight Holds and three Sells.

It's the largest investment yet by a traditional automaker in a new mobility company, and is an acknowledgement by GM that the transportation landscape is changing fast.

Because Tesla brought those features to market without the kind of belt - and - suspenders safety regimen that every mainstream, traditional automaker has been practicing for about half a century, Cadillac is ready to take the lead on self - driving car development.

Bigger, I'll be very surprised if any traditional automaker can match them technologically, as Tesla employs an enormous tech - savvy group in Silicon Valley.

The A3 Sportback e-tron plug - in hybrid is the first volume - oriented electrified vehicle from a traditional automaker to be available nationwide at launch.

The official description of the partnership is indicative of a business - to - business project targeted at traditional automakers and other companies looking to produce and sell driverless vehicles, with Baidu and BlackBerry -LSB-...]

Pity the traditional automakers, sitting around waiting to die.

As the auto industry and the idea of personal transportation becomes ever intertwined with Silicon Valley — which, admittedly, can do many things better than traditional automakers — this is the price it must pay.

Jia's vision for the auto industry lured talented individuals to Faraday from Silicon Valley and traditional automakers.

According to the report, Ford and Google have teamed up to combine the development and manufacturing capabilities of the traditional automaker with the millions of miles of research covered by Google's current crop of 53 autonomous cars.

In late 2014, he funded the launch of Faraday Future, which soon attracted a wealth of talent from Silicon Valley to traditional automakers, including Tesla veterans.

In addition to Tesla, the traditional automakers will face competition from newcomers, such as Faraday Future, the buzzy electric car startup that is debuting at CES.