Automotive Autonomous vehicles

Survey: 3 out of 4 Americans say driverless cars ‘not ready for primetime’

A survey of 1,200 adults, taken between February 27 and March 5, from across the United States and conducted by the Partners for Automated Vehicle Education (PAVE) has found that “nearly three in four Americans say autonomous vehicles are not ready for primetime.” In addition, 48% say they would never get in a self-driving taxi […]

Autonomous vehicles

Bosch To Invest 4 Billion Euros in Driverless Cars

Bosch has announced they will invest 4 billion Euros into the development of driverless cars by 2022. They currently have 4,000 engineers working on self-driving car technology and have partnered with the automotive company, Daimler, to develop the cars. “Driverless driving will be a game changer for individual mobility,” said Mr Denner. “It will open […]

Tesla

Elon Musk to buy $20 million in Tesla stock

Tesla Inc (TSLA.O) CEO Elon Musk will purchase company stock in the next open trading session worth $20 million, the company said in a filing on Wednesday. Tesla and Musk have each agreed to pay $20 million under a settlement with the U.S. Securities and Exchange Commission of a fraud lawsuit relating to tweets sent […]