Self-driving startup Argo AI locks down key permit needed for robotaxis in California
The company may now offer autonomous vehicle rides as long as it has human safety operators in control of its vehicles.
Toyota axing Avalon sedan after 2022 model year
The large sedan was due to be freshened next year. Instead, Toyota’s flagship car will end a production run that began in 1994 after the 2022 model year, the automaker told suppliers Monday, as consumers continue to move away from sedans in general.
U.S. Senate bill seeks to require vehicle tech that prevents drunken driving
The bill would require the U.S. Transportation Department to set a technology safety standard within three years – and then give automakers at least another two years to comply.
Tesla’s India plans dealt blow as minister rules out tax cut
The automaker is urging India to allow it to import cars more cheaply before it commits to setting up a factory in the country.
Qatar sovereign fund discloses 4.69% stake in QuantumScape
The stake in the startup, whose batteries will be used in electric cars, is worth around $446 million at the company’s current market value of $9.5 billion.