Page 1 of 1

Walmart investing in GM’s Cruise self-driving car company

The decision to invest comes about five months after the companies started working on a pilot program to use Cruise self-driving vehicles for deliveries in Scottsdale, Arizona.

Tesla buys $1.5 billion in bitcoin, plans to accept it as payment

CEO Elon Musk has been credited for raising the prices of cryptocurrencies, including bitcoin, through his messages on Twitter.

Sony begins testing its electric car concept on public roads

The Japanese tech giant’s foray into mobility comes at a time when established players in the sector are looking to ramp up their electric vehicle offerings and challenge Elon Musk’s Tesla.

Chinese driverless car start-up WeRide raises $310 million in funding as competition heats up

Tony Han, CEO of WeRide said the funding and new investors will give the company the “strategic resources to fulfill the goal of commercializing self-driving technology.”

Jeff Bezos’ Blue Origin test flies latest upgrades to its space tourism rocket New Shepard

Jeff Bezos’ private space company Blue Origin launched and landed the fourteenth test flight of its New Shepard rocket booster and capsule, a system designed to carry people on short trips to the edge of space.

Lidar stocks soar after report that Apple is working on a car for 2024

Velodyne stock rose nearly 23% on Monday. Luminar rose over 27%.

The UK plans to ban sales of diesel and petrol cars from 2030

Its move is part of a wider 10-point plan for a so-called “green industrial revolution”.

Chinese driverless car firm valued at $5.3 billion after new cash injection

The company, which has headquarters in California and the southern Chinese city of Guangzhou, has been testing autonomous cars on the roads.

Chinese electric car start-up Xpeng shows off new flying vehicle

With eight propellers and a capsule-like frame, the vehicle resembles a human-carrying drone more than a flying car.

Amazon wins FAA approval for Prime Air drone delivery fleet

The approval will give Amazon broad privileges to “safely and efficiently deliver packages to customers,” the FAA said.

VIDEO: Why the complete version of Tesla Full Self-Driving will take longer than Elon Musk says it will

Tesla owners can purchase a version of Full Self-Driving, or FSD, today for $8,000, but it's not feature complete. CNBC explores why the complete version of FSD has yet to be released.

Chinese driverless car firm launches autonomous deliveries in California as lockdown continues, with its fleet of 10 vehicles, has teamed up with e-commerce site Yamibuy for the delivery initiative.

Video: Here's why you probably won't own a flying car, but may still commute by air

Companies are injecting millions of dollars into developing VTOLs, or Vertical Takeoff and Landing Vehicles, that have the potential to fundamentally change the way we commute in cities.

Alphabet's Waymo shows new Jaguar cars on the heels of investment round

Waymo was Google's self-driving car division until 2016, when it became an independent company under Google-parent Alphabet. Overall, the group has spent more than a decade working on self-driving technology, and is just starting to commercialize the technology now.

General Motors to spend $20 billion through 2025 on new electric, autonomous vehicles

The investment is GM's hardest push yet to convince skeptics, particularly on Wall Street, that the more than 110-year-old automaker can compete against Tesla as the auto industry pivots to all-electric vehicles.

The flying taxi market may be ready for takeoff, changing the travel experience forever

The market for flying cars, now known as electric air taxis, should continue to mature during this decade, soaring to $1.5 trillion globally by 2040, according to a Morgan Stanley Research study.