Tavares says Europe’s EV drive comes with risks – Automotive News Europe

PARIS –The European Commission’s strategy to phase out combustion engines in favor of electric vehicles is a political choice that carries environmental and social risks, Stellantis CEO Carlos Tavares said in an interview with European newspapers. Since merging Fiat Chrysler and Peugeot-maker PSA Group, Tavares has mapped out a 30 billion euro ($34 billion) electrification… Continue reading Tavares says Europe’s EV drive comes with risks – Automotive News Europe

Cruise’s Vogt Says Autonomous Driving Business Plans On Track After CEO Shakeup – Forbes

GM-built electric Origin vehicles are to join Cruise’s fleet by 2023. Cruise Cruise, the autonomous driving company backed by General Motors, is moving toward the launch of commercial operations and hasn’t altered its business plans following the unexpected departure of former CEO Dan Ammann in December, says cofounder and interim CEO Kyle Vogt.  Vogt, who… Continue reading Cruise’s Vogt Says Autonomous Driving Business Plans On Track After CEO Shakeup – Forbes

Jeep can hit 1m sales: Chrysler CEO – The Peninsula Qatar

The new Chrysler 200 C sedan on display at the North American International Auto Show in Detroit. DETROIT: Now that Italy’s Fiat SpA  has almost closed its deal to buy the portion of Chrysler it does not already own, one of the main items on the to-do list of Chief Executive Officer Sergio Marchionne is… Continue reading Jeep can hit 1m sales: Chrysler CEO – The Peninsula Qatar

‘We Wanna Lead In EVs’: GM CEO Mary Barra Speaks On Investments In Electric Vehicles – CBS Detroit

(CBS Detroit) — General Motors announced plans to spend nearly $7 billion to convert a factory to make electric pickup trucks and to build a new battery cell plant. In an exclusive interview, CEO Mary Barra discussed the future as well as its setbacks. READ MORE: Tesla Posts Record Profit, Won’t Produce New Models In… Continue reading ‘We Wanna Lead In EVs’: GM CEO Mary Barra Speaks On Investments In Electric Vehicles – CBS Detroit

GM, Ford asked by Biden to help support stalled Build Back Better bill – Automotive News

WASHINGTON — President Joe Biden on Wednesday sought to revive his stalled economic plan, Build Back Better, hosting corporate executives at the White House who support the legislation. “A lot of folks refer to this as just social spending,” Biden said at the event. “I see it this way: The Build Back Better plan lowers… Continue reading GM, Ford asked by Biden to help support stalled Build Back Better bill – Automotive News

CEO Mary Barra says GM “aggressively moving” on electric vehicles, says automaker could top Tesla – CBS News

General Motors is doubling down on electric vehicles. GM is investing nearly $7 billion in Michigan to build a new battery plant and overhaul an existing factory to make electric trucks. The company says this will create 4,000 new jobs and marks its largest-ever one-time investment in EVs. Overall, GM plans to spend $35 billion… Continue reading CEO Mary Barra says GM “aggressively moving” on electric vehicles, says automaker could top Tesla – CBS News

Carlos Ghosn Calls Nissan ‘Thugs,’ Says They’ll ‘Pay a High Price’ for His Downfall – The Drive

The ex-Nissan CEO sits down with The Drive to talk about what happened in Japan, his night in the box, and his life as an international fugitive. Getty Images Carlos Ghosn, holding his iPhone in one hand and a profound sense of righteous anger in the other, sat on a low couch in his well-appointed… Continue reading Carlos Ghosn Calls Nissan ‘Thugs,’ Says They’ll ‘Pay a High Price’ for His Downfall – The Drive

Switch Mobility closing in on $200 million fund raise, says Dheeraj Hinduja – Economic Times

Switch Mobility, the electric vehicle arm of India’s second-largest truck maker Ashok Leyland, is in the final stages of raising $200 million dollars at a valuation of over $1.4 to $1.8 billion to fund its capex plans. The deal announcement is expected within 8-12 weeks. Nearly 70 investors from the US, Europe and the Middle… Continue reading Switch Mobility closing in on $200 million fund raise, says Dheeraj Hinduja – Economic Times

America’s Favorite Pickup Truck Goes Electric – The New Yorker

Farley said that he had been at a racetrack with Field the previous weekend. “Everyone was saying, ‘Oh, there’s Jim Farley. He runs Ford, he races Cobras.’ I was with perhaps the most important American engineer of the past hundred years, and they didn’t even know who he is.” Field, who declined to be interviewed,… Continue reading America’s Favorite Pickup Truck Goes Electric – The New Yorker