GM President, Dave Ammann, will takeover as CEO of Cruise
while Kyle Vogt (current CEO and co-founder) will pivot to president and CTO of the company. Effective January 1st. (CNBC
Promising parking: Let’s be real, finding parking is one of the worst aspects of driving.
Japan is testing an automating parking program at a commercial complex to ease our pains - and the tech will be in place long before CAVs become normalized. (Asahi
Smoke and mirrors:
Ford’s latest patent shows how they plan to hide LiDAR in the vehicle’s side mirrors. Which is ironic because in theory self-driving tech would mean that cars no longer need side mirrors… right?
GM cut an alarming 14,000 jobs across North America this week, saying they will divert more of their energy towards self-driving and electric vehicles. (CNBC
On the other side of the coin:
Waymo has hired a new Chief Safety Officer and Chief Commercial Officer - signs that the company is nearing a public launch. (Waymo
). Meanwhile Lyft hires a leader for non-emergency health care efforts. (CNBC
China’s biggest players:
Five self-driving companies based in China have valuations well over $1 billion; The Information details how they give US firms like Waymo and Cruise and run for their money. (The Information