By sharing data and technology, the two companies hope to produce autonomous cars. Although this is a lofty goal, Volkswagen has deep pockets. The world’s biggest automaker has 15 billion euros ($18.2 billion) dedicated for investments in ride-hailing, autonomous driving, digitalization, electric mobility, and other services in China by 2022.
Source: fortune.com
The National Transportation Safety Board announced Thursday that it has revoked Tesla’s status as a party to its investigation of a fatal Model X crash in Mountain View, California last month.
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Thankfully, this crash was different in one important respect: there was a working highway safety barrier in front of the concrete divider. As a result, the crash was much less severe and the driver was able to walk away.
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If there’s one thing China’s tech giants are known for, it’s their ability to venture into everything from social media, to online payments, to delivery services. The latest thing they’re all speeding towards? Autonomous driving.
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