On the heels of news Toyota would cut September production, Ford’s F-150 plant in Kansas City will shut down as a result of the semiconductor shortage.
Toyota Will Cut Worldwide Production 40% in September
Toyota is the latest automaker to experience issues as a result of the semiconductor shortage, cutting production 40% in September.
Toyota Acquiring Lyft’s Self-Driving Division
Lyft has announced Toyota subsidiary Woven Planet is acquiring its self-driving division, Level 5.
GM Announces ‘Work Appropriately,’ Embraces Remote Work
GM is joining the list of companies, including its biggest competitor Ford, in embracing remote work.
Toyota Partners With Aurora and Denso to Develop Autonomous Vehicles
Toyota is partnering with Aurora and Denso to develop autonomous vehicles, rather than going it alone.
BP Pivots to Renewables, Slashes Oil Exploration
BP has reduced its oil exploration to 100 members, down from 700, as it focuses on renewable energy.
Toyota Invests $400 Million In Pony.ai to Accelerate Autonomous Driving
Pony.ai has announced that it has secured $400 million in funding from Toyota to help develop its autonomous driving tech.
Tesla Electronics Tech Six Years Ahead of Competitors
Tesla may not have nearly the size or market penetration of its more established rivals, but the company is years ahead of them in electronics technology.
Tesla Has Significant Battery Tech Advantage
Citing Cairn Energy Research Advisors, CNBC is reporting that Tesla has a significant advantage in electric battery technology. The electric vehicle pioneer is facing more and more competition from startups and established rivals. Rivian has made headlines as a more…
Toyota Tackles Unintended Acceleration With Big Data
According to Reuters, Toyota is applying big data in an effort to prevent unintended acceleration, especially that caused by driver error. It happens every decade or so: A major auto manufacturer is sued for unintended acceleration, only to have studies…