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Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

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driverless cars

  • Will autonomous vehicles succeed in revolutionising travel?

    December 6, 2021  |  City Talk

    Investors have a bird’s-eye view of the driverless revolution happening before their eyes Recently, Cruise, the autonomous vehicle subsidiary of General Motors, announced that they plan to have one million or more autonomous vehicles in their fleet by 2030. In late September 2020, the research arm of Toyota Motor Corporation, Woven Planet, acquired Renovo, an automotive operating system software [...]

  • Car sales will mostly be online by 2030 in a blow to vehicle dealerships

    November 30, 2021

    UK motoring executives think cars will be mostly sold online by 2030, with electric vehicles (EVs) making between 70 and 100 per cent of new vehicle sales in western Europe. Data from KPMG’s automotive executive survey has revealed that 59 per cent of 1118 executives interviewed believe online sales will become the norm by the [...]

  • Brits positive about autonomous vehicles’ benefits, BSI reveals

    November 18, 2021

    Brits are confident that self-driving cars will bring many benefits such safety gains, a BSI opinion poll revealed. Out of 1,000 people interviewed, 70 per cent see the benefits of autonomous cars, in particular when it comes to avoiding driver errors and reducing accidents, with people aged between 18 and 24 the most inclined to [...]

  • Exclusive: ‘Petrol anxiety’ fuels interest in electric cars, says Auto Trader exec

    September 29, 2021

    Since panic buying of fuel started at the end of last week, there has been a significant increase in interest in electric vehicles. Searches for used EVs increased by over 60 per cent versus the previous weekend, according to Auto Trader, by far the UK’s largest automotive marketplace. “The events of the past few days [...]

  • Six children and one parent injured after Tesla collides with pedestrians in British public school car park

    August 17, 2021

    Six school children and a parent have been taken to hospital after they were hit by a Tesla car in the school car park of Ardingly College in West Sussex. One of the children was reportedly flown to hospital with serious injuries after the incident involving a blue Tesla Inc Model 3 car, during a [...]

  • Flying cars that take off vertically will be in UK streets within ten years, says Hyundai’s UK chief

    June 29, 2021

    UK streets should brace themselves for flying cars as a senior automotive chief claims they will be deployed within the next ten years. Michael Cole, the president and chief executive of South Korean car maker Hyundai’s UK and European operations, said the technology will cut congestion and emissions. Speaking at a conference organised by the [...]

  • Toyota pushes the pedal on self-driving tech with $550m Lyft deal

    April 27, 2021

    Toyota is set to acquire Lyft’s self-driving technology unit for $550m, both companies confirmed today, as the Japanese firm pushes the pedal on its automation ambitions. The carmaker will pay $200m cash upfront, with the remaining $350m paid over five years, gaining access to the US ride-hailing firm’s more than 300 employees. The acquisition will [...]

  • How e-scooters, self-driving cars, and flying taxis will shape the future of your commute

    February 10, 2020

    An air of tranquility hangs about Stratford’s electric scooter riders. Their bodies are still, poised, as they glide by on this crisp February morning. I try to copy them and end up skidding along, struggling to figure out how to position my feet — but after a couple of wobbles I’m gliding too. As I [...]

  • CES 2020: Amazon, Sony and Toyota put mobility centre stage at tech conference

    January 7, 2020

    Amazon signalled a concerted push into the car industry at CES 2020, as it announced a partnership with Lamborghini and other firms working on driverless car tech. It signals the latest move into the mobility sector for one of Silicon Valley’s tech giants, as the internet retailer said it would add its voice assistant Alexa [...]

  • Volkswagen throws down the gauntlet to Silicon Valley on self-driving cars

    October 28, 2019

    Europe’s biggest car manufacturer has shifted its fight against Silicon Valley’s nascent self-driving car industry up a gear. Volkswagen has announced the foundation of Volkswagen Autonomy, or VWAT, its own self-driving tech subsidiary, to take on the likes of rivals such as Google’s Waymo. Read more: Car alarm: Half of UK consumers fear driverless vehicles [...]

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