Driverless Car Development Sets Ablaze a Bonfire of Billions – Bloomberg

Stay on top of the auto industry’s transformation by signing up for Bloomberg’s Hyperdrive newsletter here. Autonomous vehicle companies and suppliers have collectively spent around $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from robo-car services after all that cash incineration. Go to Source

Nonfatal police shootings have an unseen toll – The Washington Post

The way Kenneth Gilbert Jr. and his father tell the story, it had been a busy morning running errands in east Atlanta when their pickup was suddenly cut off by a dark truck and forced onto the curb. Once Gilbert Sr. got back on the road, he said, the truck swerved back into their lane.… Continue reading Nonfatal police shootings have an unseen toll – The Washington Post

Stellantis executive: ‘The people have decided: we will be purely electric’ – Electrek.co

In a new interview, Stellantis European Head, Uwe Hochschurtz, claimed, “The people have decided: we will be purely electric,” backtracking statements made by the company’s CEO, Carlos Tavares. The statement is a surprise as the Stellantis CEO has been adamantly against going all-in on electric vehicles. Less than a year ago, the Stellantis leader said… Continue reading Stellantis executive: ‘The people have decided: we will be purely electric’ – Electrek.co

How Volkswagen is reinventing itself as an EV company – The Verge

A new electric Microbus offers a glimpse at the future of VW Share this story Photo Illustration by Grayson Blackmon / The Verge Today, I’m talking to Volkswagen Group CEO Dr. Herbert Diess. Volkswagen is one of the two biggest carmakers in the world — there’s a battle every year between VW and Toyota for… Continue reading How Volkswagen is reinventing itself as an EV company – The Verge

Nissan, Renault relationship should be ‘more equal’ Renault CEO tells Nikkei – Reuters

TOKYO, Oct 18 (Reuters) – The relationship between Japan’s Nissan Motor Co (7201.T) and top shareholder Renault SA should be “more equal”, the Nikkei newspaper quoted the French automaker’s chief executive as saying. “This is not one side losing and the other side winning,” the newspaper quoted Luca de Meo as saying in an interview,… Continue reading Nissan, Renault relationship should be ‘more equal’ Renault CEO tells Nikkei – Reuters

Former boss Ghosn says Nissan’s lack of vision is hurting Renault – Reuters.com

TOKYO, March 3 (Reuters) – Former Nissan Motor chairman Carlos Ghosn, who was ousted from the company following his arrest in Japan, said on Thursday that its alliance partner Renault SA (RENA.PA) is struggling because of the Japanese automaker’s lack of vision. “I’m not very optimistic about the future of Nissan,” Ghosn told reportersfollowing the… Continue reading Former boss Ghosn says Nissan’s lack of vision is hurting Renault – Reuters.com

As carmakers unveil new EVs, France ups subsidies for poorer buyers – Reuters

PARIS, Oct 17 (Reuters) – Renault (RENA.PA) and Stellantis (STLA.MI) unveiled new French-made electric vehicles (EVs) at the Paris Motor Show on Monday, as President Emmanuel Macron announced bigger subsidies for poorer families to buy EVs and pushed for more local production. In an interview with business daily Les Echos before visiting the show, Macron… Continue reading As carmakers unveil new EVs, France ups subsidies for poorer buyers – Reuters

Mary Barra says GM is well-positioned despite the economy with new EV launches – Electrek.co

General Motors leader and CEO Mary Barra talked about the automaker’s upcoming electric vehicle plans, saying the company is well-positioned to weather an economic storm in an interview. GM is launching several EV models and supporting energy products that Barra believes will see high demand, no matter the state of the economy. With interest rates… Continue reading Mary Barra says GM is well-positioned despite the economy with new EV launches – Electrek.co

GM’s Mary Barra dishes on EVs, the economy and the stock – Yahoo! Voices

Read full article 1.1k Yahoo Finance GM’s Mary Barra dishes on EVs, the economy and the stock Andy Serwer with Dylan Croll October 15, 2022, 5:00 AM·8 min read One thing you might not know about Detroit is how big it is. At 142.9 square miles, it’s not as vast as Houston, (599.6 miles), but… Continue reading GM’s Mary Barra dishes on EVs, the economy and the stock – Yahoo! Voices