Lloyd’s of London, the 330-year-old insurance market, is pushing to revamp auto coverage as the rise of driverless cars looms. Chief Executive Officer John Neal said that Lloyd’s is talking with automakers about how to set up different policies to …
Half of U.S. adults think automated vehicles are more dangerous than traditional vehicles operated by people, while nearly two-thirds said they would not buy a fully autonomous vehicle, according to a new Reuters/Ipsos opinion poll. In the same poll, about …
Seven in 10 Americans don’t want to go anywhere near self-driving cars. The portion of Americans who fear autonomous vehicles—71 percent in the American Automobile Association’s latest survey—is virtually unchanged from a year ago and up eight percentage points from …
A Volvo Cars joint venture has won approval to begin hands-free testing of its software for self-driving cars on Swedish highways, partner Veoneer said. Veoneer said the Zenuity joint venture’s software for Level 4 autonomous driving – the second highest …
A fleet of autonomous taxis could roll onto the streets of the U.K. capital within three years, after one of London’s biggest private-hire taxi companies struck a deal with a maker of autonomous vehicle software. Addison Lee Group, which has …
Toyota Motor Corp., Asia’s biggest carmaker, is preparing for a potential future where people don’t buy cars. That’s behind the hefty investments that the company has made in ride-hailing providers, most prominently the $1 billion that it poured into Southeast …
London is ill-prepared to become an early adopter of cutting-edge transport technology including driverless cars and retail deliveries by drone, according to the city’s lawmakers. While the U.K. government has predicted that connected and autonomous vehicles, or CAVs, will be …
It has almost become a refrain: just what is Masayoshi Son up to? After plowing money into companies as diverse as Uber Technologies Inc., office rental specialist WeWork Cos Inc. and fintech lender SoFi, the billionaire chief of SoftBank Group …
Auto manufacturers, technology companies, road safety advocates and policy makers will attend a March 1 conference over potential government actions that could speed the rollout of autonomous cars, the U.S. Transportation Department said on Friday. Last month, Transportation Secretary Elaine …
The insurance industry is “generally in the stone age,” and partnerships with technology companies are the way forward, according to Aviva Plc’s chief executive officer. His company, the U.K.’s second-largest insurer, is working with Tesla on how to insure driverless …
