Auto Industry News

The upbeat outlook from CEO Elon Musk came after the world's most valuable automaker posted record quarterly revenue that beat Wall Street expectations.

Driving in heavy traffic is an art that's not hard to master.

Miniature sensors that control vehicle performance are built in such a way that they can function adequately while being mounted directly on rolling tyres. They must be sensitive enough to take measurements while moving and durable enough to endure the environment.

The research and development that will go into developing battery cells for a high-performance sports car for Lotus will ultimately trickle down to benefit battery cells for more affordable, mainstream EVs.

"I would be shocked if we do not achieve full self-driving safer than human this year. I would be shocked," Elon Musk said.

Aptiv, Audi, and TTTech Auto collaborated to develop the central driver assistance controller for automated driving used in Audi vehicles.

The investment of $10 billion to $20 billion will be spread out over the next five to ten years and will include converting its present factories around the world to electric-vehicle production, the report said, citing people familiar with the plan.

A study conducted by American Automobile Association (AAA) said monitoring systems that rely only on how drivers' handle the steering wheel were not successful.