Paul Lienert

Recent and archived articles by Paul Lienert

25 Jul 2018 | 12:40 PM

Ford follows GM’s Cruise move with self-driving spinoff

Ford Motor Co said it was creating a separate US$4bil unit to house its self-driving vehicle operations and is seeking outside investors, following a similar move in late May by Detroit rival General Motors Co with its Cruise Automation unit.

Despite the current flurry of development activity globally by dozens of established and startup companies, Ford senior management believes that market for self-driving vehicles eventually will consolidate around three or four major players, "and they want to be in the mix," according to a source familiar with Ford's thinking. — Reuters
6 Jul 2018 | 7:59 PM

Curbs on Chinese investment could hit Detroit and Silicon Valley: analysis

US President Donald Trump’s threat to block Chinese investment in US companies could be trouble for a number of American automotive and technology companies using Chinese funds to develop electric and self-driving cars and related services, from Tesla Inc to dozens of Silicon Valley startups.

More than 20 Chinese companies — including internet giants Tencent Holdings Ltd, Alibaba Group Holding Ltd and Baidu Inc, as well as state-owned SAIC, China’s largest automaker — have offices in California’s Silicon Valley and have funded a broad spectrum of US tech startups focused mainly on electric and self-driving vehicles. — Reuters
1 Jun 2018 | 2:00 PM

SoftBank joins GM in self-driving car race; GM shares soar

Japan's SoftBank Group Corp will invest US$2.25bil in General Motors Co's autonomous vehicle unit Cruise, the companies said, a deal that validates the venerable Detroit automaker's leadership in self-driving cars and sent GM shares up nearly 13%.

GM Cruise and Alphabet Inc's Waymo are often described as leading the pack of technology and auto companies competing to create self-driving cars and integrate them into ride services fleets. — Reuters
24 Apr 2018 | 12:48 PM

China’s ride-hailing firm Didi wants to develop ‘purpose-built’ cars with automakers

Chinese ride-hailing giant Didi Chuxing is exploring ways of collaborating with established automakers and parts suppliers to jointly develop cars purpose-built for its services, the company said.

4 Apr 2018 | 2:30 PM

In self-driving cars, human drivers and standards come up short: experts

Autonomous cars should be required to meet standards on their ability to detect potential hazards and better ways are needed to keep their human drivers ready to assume control, US auto safety and technology experts said after fatal crashes involving Uber Technologies Inc and Tesla Inc vehicles.

Duke University mechanical engineering professor Missy Cummings said the recent Uber and Tesla crashes show the “technology they are using is immature”. — Reuters
28 Mar 2018 | 12:14 PM

Uber’s use of fewer safety sensors prompts questions after Arizona crash

When Uber decided in 2016 to retire its fleet of self-driving Ford Fusion cars in favour of Volvo sport utility vehicles, it also chose to scale back on one notable piece of technology: the safety sensors used to detect objects in the road.

28 Feb 2018 | 12:18 PM

Ford launches self-driving pilot with delivery partners in Miami

Ford Motor Co is taking a different approach from rival General Motors Co in deploying self-driving vehicles, focusing initially on partnering with and operating vehicles for a variety of companies, from Domino's Pizza to Lyft, executives said.

6 Dec 2017 | 6:00 AM

Self-driving costs could drop 90% by 2025, Delphi CEO says

Delphi Automotive Plc, which is changing its name to Aptiv Inc, wants to cut the cost of self-driving cars by more than 90% to around US$5,000 (RM20,260) by 2025,

One of the biggest opportunities for cutting costs will come as automakers, working with companies such as Delphi/Aptiv, begin to re-engineer their basic vehicle platforms specifically to accommodate electric motors, batteries and self-driving sensors. — Delphi Automotive Plc
4 Dec 2017 | 12:06 PM

GM plans large-scale launch of self-driving cars in US cities in 2019

General Motors Co laid out its vision for self-driving vehicles on Thursday, telling investors it planned a commercial launch of fleets of fully autonomous robo-taxis in multiple dense urban environments in 2019.

GM said last month it sees deployment of autonomous vehicles in quarters, not years, Pictured is a self-driving GM Bolt EV. — Reuters
16 Nov 2017 | 1:00 PM

GM challenges Tesla with promise of profitable electric cars

General Motors Co plans to launch a new family of electric vehicles in 2021 that will cost less to build and make a profit for the US number one automaker.

We are committed to a future electric vehicle portfolio that will be profitable, Barra said. — Reuters