Category: automotive industry

June 10, 2019 Off

Fiat Chrysler partners with Aurora to develop self-driving commercial vans

By Jill T Frey

Aurora, the autonomous vehicle technology startup backed by Sequoia Capital and Amazon, has struck a deal with Fiat Chrysler Automobiles to develop self-driving commercial vehicles.

The partnership will focus on integrating Aurora’s technology into FCA’s line of Ram Truck commercial vehicles, a portfolio that includes cargo vans and trucks. The deal could extend to FCA’s Fiat Professional brand as well, TechCrunch has learned.

The deal with Aurora aims to specifically develop and deploy self-driving commercial vehicles that could be used by any third party with a delivery-to-consumer need. For instance, once Aurora’s technology is integrated into its commercial vans, FCA could sell them to a third-party logistics company — like say, Amazon — that intends to use autonomous vehicles for deliveries.

Neither company disclosed financial terms of the deal.

The high cost of developing and bringing technology such as electrification and autonomous vehicles to market has prompted automakers, including FCA,

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June 3, 2019 Off

GM and Fiat Chrysler are buying Tesla’s regulatory credits

By Jill T Frey

One of the more opaque segments of Tesla’s business just became a little more transparent. Recent  filings show that GM and Fiat Chrysler have bought zero-emissions vehicle credits from Tesla, Bloomberg reported Monday.

Tesla’s ZEV credit program isn’t a secret. The company has brought in nearly $2 billion in revenue since 2010 when it started selling regulatory credits to automakers that needed to offset sales of polluting vehicles in the U.S. And it’s a revenue stream that has been either lauded or criticized for years now as analysts and the media debate whether this helps or hurts Tesla’s bottom line.

But little was known, until now, about who was doing the buying and why — beyond the assumed reason to offset sales of vehicles that produce tailpipe emissions.

Bloomberg found recent state filings in Delaware that reveal a little bit more about Tesla’s ZEV customers. GM and FCA both disclosed … Read the rest

May 20, 2019 Off

Ford CTO Ken Washington at TC Sessions: Mobility on July 10

By Jill T Frey

A conference dedicated to transportation and mobility wouldn’t be complete without hearing from Ford, the U.S. automaker with a storied 116-year history.

We’re excited to announce that Ford CTO Ken Washington will participate in TechCrunch’s inaugural TC Sessions: Mobility, a one-day event on July 10, 2019 in San Jose, Calif., that’s bringing the best and brightest minds — founders, investors and technologists — who are determined to invent a future Henry Ford might never have imagined. Or maybe he did.

If there’s a person at Ford who can provide insight into where the company is headed, it’s Washington.

As CTO and vice president of Research and Advanced Engineering, Washington leads Ford’s worldwide research organization, oversees the development and implementation of the company’s technology strategy and plans and plays a key role in its expansion into emerging mobility opportunities.

Prior to joining Ford, he was vice president of the Advanced … Read the rest