The Lexus LF-1 Limitless concept is the everything-to-everyone crossover

 Lexus is showing off a new luxury crossover concept at the North American International Auto Show this week: The LF-1 ‘Limitless,’ which has a sleek, sporty look, and a range of features designed around alternatives tailored to a potential owner’s drivetrain preferences and more. The Lexus LF-1 is designed to potentially house either a fuel cell, plug-in hybrid, gasoline… Read More

Ford will boost electric vehicle spending to $11B and offer 40 electrified models by 2022

 Ford Motor will boost its investment in electric vehicles to $11 billion by 2022, said chairman Bill Ford at the Detroit Auto Show today. This is a huge increase from the $4.5 billion by 2020 the automaker announced in December 2015 that it planned to invest. Read More

One year old Pony.ai raises $112 million Series A to build autonomous car future

 No that’s not a typo. Yes, that is larger than the median IPO fundraise last year. But few problems are as daunting as trying to build a fully autonomous car, particularly without the large resources of technology giants like Google, Uber, or Baidu behind you. So for Pony.ai, which was founded a little more than a year ago in late 2016 by James Peng and Tiancheng Lou, the company decided… Read More