Industry

Uber is debuting an ad format that will tap into the company’s first-party data to target riders during each part of their route.  Journey Ads will serve brand messages to riders while they are waiting to connect with a driver, waiting to be picked up and during their trip. The ads will also apply to […]

Intel’s Mobileye said on Tuesday it was targeting a valuation of nearly $16 billion in its initial public offering, less than a third of what it had previously expected, as volatility in stock markets and rising interest rates dampen the appetite for new listings. The self-driving unit of Intel said in a regulatory filing it

BERLIN — Mercedes-Benz and Microsoft announced a partnership using Microsoft Cloud for a data platform intended to improve production efficiency at over 30 passenger car plants globally. The data platform, called MO360, is already available in Europe, the Middle East and Africa and will also be launched in the United States and China, Mercedes said

TOKYO — Fast-moving Hyundai Motor Group says it will plow billions of dollars into developing software in a move to speed product development and boost revenue, including the creation of a new operating system for over-the-air updates in all Hyundai, Kia and Genesis vehicles by 2025. The sweeping initiative will usher in a wave of

Alamy By Chris Baraniuk Technology of Business reporter If you want to understand how governments can fuel the rise of new technologies, look no further than the taxi fleets of Beijing. Five years ago, the city revealed plans to ban the introduction of fossil fuel-powered taxis. Today, thousands of the cars run on batteries instead.

Tesla Inc. delivered 83,135 China-made electric vehicles in September, smashing its monthly record, according to a report released on Sunday by the China Passenger Car Association. The number marks an 8 percent increase from August and set a record for Tesla’s Shanghai factory since production began in December 2019, topping the prior sales high of

DUBLIN, Va. —Freightliner has led its U.S. diesel big rig rivals for years, commanding a market share no competitor could catch. But the nascent transformation to electric trucking provides other players an opening, and Volvo has jumped ahead. Sales of electric trucks are still almost immeasurable compared to the roughly 150,000 heavy-duty diesel trucks manufacturers

When Chris Thomas worked as an intern at Ford Motor Co. in the depths of the Great Recession, he finagled his way into a meeting with Bill Ford Jr. and asked the company chairman to put him on the most interesting project possible. Thomas spent his summer analyzing transportation trends in cities with more than

Autonomous driving technology developer Mobileye will supply advanced driver-assistance systems and automated vehicle technology to three additional brands under Geely Holding Group.  The three brands are set to launch electric vehicles next year, which will be fitted with its SuperVision technology, the Intel subsidiary said last week, without identifying the brands. The technology enables a

SAN FRANCISCO — Tesla Inc. said on Tuesday it will remove ultrasonic sensors from its vehicles starting this month, as it moves ahead with using only cameras in its safety and driver-assistant features. Tesla vehicles now have 12 ultrasonic sensors on the front and rear bumpers, and short-range sound sensors are mainly used in parking