walmart Walmart Expands Driverless Delivery Program With Ford and Argo AI Walmart partners with Ford and Argo AI to bring autonomous grocery deliveries to three major US cities. The initiative aims to reduce delivery costs and support the retailer's growing e-commerce business.
argo ai Argo AI Secures California Permit for Public Self-Driving Rides Argo AI earns a California permit to offer free public rides in its self-driving vehicles with a human safety operator present. This milestone aligns with the company's recent plan to deploy vehicles on Lyft's network.
argo ai Ford and Argo AI to Deploy 1,000 Self-Driving Cars on Lyft Argo AI and Ford plan to put 1,000 autonomous vehicles on Lyft's ride-hailing network over the next five years. The multi-city rollout begins in Miami this year and includes a unique data-sharing agreement that values Argo at $12.4 billion.
coinbase Coinbase Debuts on Stock Market Reaching $85 Billion Valuation Cryptocurrency exchange Coinbase makes a massive public debut via direct listing, while Dell spins out VMware for over $9 billion and various startups secure major funding rounds.
tesla Tesla Surpasses Toyota, GM, and Ford Combined in Historic Market Cap Milestone Tesla reaches a $526 billion market valuation, overtaking traditional automakers Toyota, GM, and Ford as its upcoming S&P 500 inclusion drives massive investor momentum.
ford Ford Prepares November Reveal for All-Electric Transit Cargo Van Ford confirms an upcoming virtual event to unveil its all-electric Transit cargo van for global markets. The vehicle represents a major part of the automaker's $11.5 billion investment in commercial electric vehicles.
trump administration Trump Administration Clears Ford, GM, and Tesla to Build Ventilators The federal government officially grants Ford, General Motors, and Tesla permission to manufacture critical ventilators amid the ongoing pandemic. This move aims to significantly boost the national supply of life-saving medical equipment.
ford Ford Delays Commercial Autonomous Vehicle Service to 2022 Amid Pandemic Ford postpones its planned autonomous vehicle service launch from 2021 to 2022 due to the COVID-19 pandemic. The automaker reports a $2 billion first-quarter loss and plans to study shifting consumer behaviors before introducing the self-driving service.
ford Ford and Rivian Mutually Cancel Lincoln Electric Vehicle Program Lincoln and Rivian scrap plans to co-develop an all-electric SUV due to the COVID-19 pandemic. The companies insist their partnership remains intact and future electric collaborations are still on the table.
tesla Tesla Reopens New York Factory to Produce Critical Ventilators Elon Musk announces that Tesla's Buffalo gigafactory will reopen to manufacture ventilators amid the COVID-19 pandemic. The automaker joins GM and Ford in pledging resources to address the severe shortage of life-saving medical equipment.
ford Ford Reveals All-Electric Mustang Mach-E Crossover Ford officially unveils the Mustang Mach-E, an all-electric crossover that blends classic muscle car DNA with modern EV technology. The vehicle marks a historic shift for the automaker as the first major product of its $11 billion electric investment.
ford Ford Unveils Mustang Mach-E Electric Crossover to Rival Tesla Ford introduces the Mustang Mach-E, an all-electric crossover SUV that borrows the iconic muscle car's name to boost sales. The vehicle offers up to 300 miles of range and arrives in late 2020 with five distinct trim levels.
ford Ford Mustang Mach-E Brings Bold Tech and Design to Electric SUV Market Ford unveils the all-electric Mustang Mach-E crossover with unique design elements like handle-less doors and a dedicated tech tray. The vehicle represents a major shift for the automaker as its first electric SUV developed by the dedicated Team Edison group.
carbon 3D Printing Firm Carbon Secures $260 Million at $2.4 Billion Valuation Carbon raises a massive $260 million Series E round to expand its 3D printing manufacturing partnerships with major brands like Adidas and Ford. The funding signals a strong recovery for the 3D printing industry as the company focuses on industrial-scale production.
argo ai Argo AI Pours $15 Million Into Carnegie Mellon Autonomous Vehicle Research Ford-backed Argo AI commits $15 million over five years to establish a dedicated autonomous vehicle research center at Carnegie Mellon University. The partnership focuses on advancing perception and decision-making algorithms for self-driving cars.