Autonomous Vehicle Might Drive Cities to Financial Ruin

IN ANN ARBOR, Michigan, last week, 125 mostly white, mostly male, business-card-bearing attendees crowded into a brightly lit ballroom to consider "mobility." That’s the buzzword for a hazy vision of how tech in all forms—including smartphones, credit cards,...

Battery in Fatal Florida Tesla Crash Reignited Twice: NTSB Report

A Tesla Inc Model S involved in a May 8 fatal high-speed crash in Florida reignited twice after firefighters extinguished a fire in the electric vehicle, the National Transportation Safety Board (NTSB) said in a preliminary report on Tuesday. The report said the...

Study Questions Massive Investments in AVs

Billions of dollars will be lost by many automakers that continue to invest in autonomous and electric vehicles while consumer buy-in remains low, a study from consulting firm AlixPartners says. "The AlixPartners Global Automotive Outlook: What's Ahead for the...