Entertainment

In a move reflecting the national interests in the race between next-generation aviation companies to bring advanced air mobility (AAM) vehicles to market, Japan’s SkyDrive has received 12.4 billion yen ($82.7 million) from the government to support the development of the startup’s electric vertical takeoff and landing craft (eVTOL). SkyDrive’s work on its piloted two-passenger SD-05 eVTOL has secured it a reputation as
Cruise’s license to operate autonomous vehicles in the state of California has been suspended effective immediately, announced the California Department of Motor Vehicles today. GM’s Cruise subsidiary has been operating a driverless taxi service in San Francisco for the last few months, after the California Public Utilities Commission approved both GM’s Cruise and Google’s Waymo
Hyundai and Saudi Arabia’s Public Investment Fund (PIF) announced plans Monday to establish a new auto manufacturing plant in “The Kingdom.” Hyundai and Saudi PIF plan new manufacturing plant Hyundai and Saudi’s PIF signed a joint venture agreement to build a new “highly automated vehicle manufacturing plant in Saudi Arabia” at the Saudi-Korean Business Forum.