The CEOs of Waymo, Tekedra Mawakana and Dmitri Dolgov, said that their company will now be primarily focused on ride-hailing services, and will be investing their efforts and resources accordingly.
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Although Tesla has become the face of the industry when it comes to electric vehicles, the firm was forced to delay the reveal of its semi truck. Now, Daimler AG has announced its own electric truck.
"The flying car has no wheels" says one of the German contributors behind a 25 million Euro investment into the Volocopter, an electric 2 seater flying vehicle which will also be funded by Daimler.
Daimler CEO and head of Mercedes-Benz, Dieter Zetsche, said he came away impressed after a recent meeting with Silicon Valley companies. What impressed him? Apple and Google's cars.
After months of rumors and speculation, Nokia has finally revealed that it has sold its mapping and location service, HERE, to a consortium of German auto-makers including BMW and Audi.
After lengthy negotiations and numerous bids, a recent report claims that Nokia is about sign off on a $2.71 billion deal to transfer the ownership of its mapping service to the three automakers.
