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Delphi buys Autonomous Vehicle Company Nutonomy for $400 million

Delphi Automotive announced it is purchasing the self-driving car company Nutonomy for $450 million. Founded in 2013 by Dr. Karl Iagnemma and Dr. Emilio Frazzoli, Nutonomy is Boston-based company that develops autonomous vehicle technology.  In discussing the purchase, Delphi Chief Technology Officer Glen De Vos noted that Delphi wants to be a leader in autonomous vehicles but sees the...

Tesla Strikes Deal with Liberty Mutual On Custom Insurance Package

Tesla recently announced a deal with Liberty Mutual to create a customized insurance package for its electric vehicles.  The new plan, called InsureMyTesla,  was designed specifically for Tesla vehicles and provide overall lower insurance costs by factoring in the vehicles’ Autopilot safety features and maintenance costs. Tesla launched the package on October 13 in the US in all...

UK Considering Bill on Automated and Electric Vehicles

A new bill introduced in the UK Parliament would govern self-driving cars and electric vehicles. The bill will require insurance for both the automated vehicle itself and the driver of an automated vehicle. It provides that the vehicle insurer will be liable for accidents caused by an automated vehicle that is driving itself; however, if an accident is caused by the human driver, the...

Accident-Free Driverless Cars?

Autonomous vehicle technology developer Mobileye provided the industry with proposed standards to control how self-driving cars operate. These standards, which are based on mathematical formulas, are meant to ensure that the self-driving car does not cause accidents, and to determine how liability will be assigned if an accident occurs. Thus, for example, the standards might ensure...

Electric and Hybrid Cars Selling Fast in Used-Car Market

A recent study by iSeeCars.com found that electric cars and plug-in hybrids have become some of the fastest-selling used cars. During the first eight months of 2017, six alternative-fuel cars were among the top ten quickest to sell of all one- to three-year old used cars. Three of those models were electric (Fiat 500e, Nissan Leaf, and Tesla Model S), and three were plug-in hybrids...