Industry

Argo AI Inc. will lay off 173 employees in Michigan after its main backers Ford Motor Co. and Volkswagen decided to pull the plug on the autonomous vehicle technology startup. The Pittsburgh-based company will make the job cuts in waves starting Tuesday, according to a notice to the state. Operations will cease by the end […]

Mining companies are going to great lengths to source the raw materials needed for electric vehicle batteries, even miles below the ocean’s surface. They are racing to tap into these seabed stockpiles, striking deals, developing mining processes and equipment and striving to be eco-friendly. Meanwhile, environmental groups want to slow the rush until more is

Self-driving startup Argo AI will shut down operations and its employees and parts will be absorbed by its main backers, Ford Motor Co. and Volkswagen Group, TechCrunch reported on Wednesday, citing people familiar with the matter. Argo employees were told that some of them would receive offers from the two automakers, TechCrunch said, adding that

Getty Images By Theo Leggett & Lora Jones BBC Business The popular Ford Fiesta is set to be discontinued as early as next year as costs of parts rise and drivers opt for SUVs, the BBC understands. Ford bosses are expected to announce in the next few days that the production of the Fiesta will

WASHINGTON — A group representing self-driving car companies is appointing a former U.S. Senate aide as its new head as the industry works to convince U.S. policymakers to speed the deployment of autonomous vehicles and jumpstart stalled legislation. The Autonomous Vehicle Industry Association (AVIA) has tapped Jeff Farrah as its first executive director, the group

Autonomous vehicle companies and suppliers have collectively spent about $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from AV services after all that investment. This has spelled disaster for Aurora Innovation, TuSimple Holdings and Embark Technology, whose shares have each plunged at least 80 percent this year. It’s no wonder Intel

PAHRUMP, Nev. — Countless data points gathered by vehicles every day on public roads can be used to improve safety and traffic flow and speed up emergency response times. British automotive data startup Wejo hopes to play a major role in getting the auto industry to that point by using data to learn how drivers

PAHRUMP, Nev. — Countless data points gathered by vehicles every day on public roads can be used to improve safety and traffic flow and speed up emergency response times. British automotive data startup Wejo hopes to play a major role in getting the auto industry to that point by using data to learn how drivers

West Coast charging network operator EVCS is looking to simplify powering electric vehicles by offering a choice of monthly subscription plans. The move marks a departure from the way such networks typically operate. Most require a low monthly fee and charge an additional amount per kWh used. “It really is a minefield across the various

Waymo, Alphabet Inc.’s driverless-vehicle unit, plans to expand its robo-taxi service to Los Angeles, the third region where it will be offered. The company will follow the same playbook for the service, called Waymo One, that it has elsewhere, according to an announcement Wednesday. Local employees will try the program first, followed by so-called “trusted