Connected and Autonomous Vehicles:
🏛 GM and Cruise Sued by Investors for Misrepresenting AV Advancements. “On the financial side, the lawsuit claims that GM GM -1.35%↓ asserted its AV subsidiary and its robotaxis are ‘a key element of GM’s growth strategy’ worth about $30 billion, greater than 50 percent of the company’s entire market cap at the time.”
🤨 NHTSA Closes Probe Into 258 Zoox Vehicles After Amazon’s Robotaxi Unit Updates Software. “The National Highway Traffic Safety Administration said it has closed its probe into 258 Zoox vehicles over a braking issue, after the Amazon AMZN -2.79%↓ self-driving car unit recalled them and updated their software.”
🚗 Waymo Expands to New Areas of Los Angeles. “The company said it was venturing further into certain neighborhoods, adding service near SoFi Stadium in Inglewood and HHLA shopping center in Westchester as part of its Waymo One service. It previously announced those expansion plans last month.”
😑 Tesla Removes ‘FSD’ Name From Its Autonomous Tech in China After Regulators Halt Program. “Stricter oversight from China’s government has forced Tesla to change the name of its Full Self-Driving (FSD) technology, which isn’t actually fully autonomous. In China, FSD, which operates at a Level 2 out of the Society of Automotive Engineers (SAE) 5 self-driving levels, will now be marketed under Intelligent Assisted Driving instead of its previous FSD Intelligent Assisted Driving label.”
🚘 Hesai Lidar Exclusively Powers Baidu Apollo Go’s Deployment of Over 1,000 L4 Autonomous Vehicles in Dubai. “Hesai Technology HSAI 0.78%↑ has announced that its lidar solution will power Apollo Go‘s expansion into Dubai. The announcement follows the agreement signed between Hesai and Baidu Apollo in July 2024. The fleet is expected to scale to 1,000 vehicles.”
👉 Self-Driving Tech Company Now Driverless in Five Countries. “WeRide received permits to operate self-driving vehicles in France, joining China, the United Arab Emirates, Singapore and the United States.”
😮 Leading Autonomous Vehicle Company Collected 589 Parking Tickets Last Year in San Francisco. “Waymo’s fleet received almost 600 tickets last year—but this number may actually represent progress in autonomous technology development.”
🤞 Hyundai Goes All In On Connected Cars With New ‘Pleos’ Software.
🖐 Assisted Driving Tech in Focus After Fatal Electric Car Crash in China. “A popular electric vehicle made by the Chinese consumer electronics giant Xiaomi crashed into a concrete guardrail while deploying its autonomous driving feature. Three people died.”
