This week was buzzing with news from the tech and auto industries. From Uber’s expansion in Japan to Ford’s production shift, there was no shortage of headlines. Here’s a quick recap of the top stories.
Uber’s Robotaxi Expansion in Japan
Uber CEO Dara Khosrowshahi expressed his excitement over the company’s Robotaxi expansion into Japan. He praised the Japanese market for its support in Uber’s delivery and mobility services. The company plans to invest over $2 billion in the Japanese market over the next five years. Uber is also on track to begin autonomous ride-hailing operations in 15 cities by the end of the year.
Ford to Shift Some Lincoln Production to US
Ford plans to move production of some Lincoln vehicles from China to the US by 2030. This decision comes in response to a 52.5% tariff on the Lincoln Nautilus SUV imported from China. CEO Jim Farley confirmed the shift, praising Ford’s domestic production capabilities.
North American EV Sales Fall
Despite a global uptick in electric vehicle sales, North America saw a 27% decline in July. This drop is attributed to a lack of incentives and pro-fossil-fuel policies. Meanwhile, Europe saw a 33% YoY growth in EV sales.
Delta Probes Unauthorized Wi-Fi Network
Delta Air Lines Inc. is investigating an unauthorized Wi-Fi network activated on a flight from Las Vegas to Atlanta. The airline has yet to comment on the incident.
Archer Aviation’s Boeing Deal
Archer Aviation’s recent deal with Boeing is expected to significantly change the company’s profile. The $200 million Insitu business is expected to contribute positive free cash flow and offset spending in other areas.
NFL Coach’s Tesla Crash
NFL coach Kyle Shanahan was involved in a car accident while using Tesla’s Autopilot feature. The accident resulted in multiple injuries for Shanahan and a reminder of the importance of attentive driving.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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