Elon Musk signaled plans to scale Tesla to the “extreme” while teasing the release of Tesla’s “Master Plan Part 3” on Twitter one day before opening the automaker’s first European factory. On Monday, Musk revealed on Twitter the themes that will dominate the next installment in Tesla’s long-term playbook: artificial intelligence and scaling the automaker’s… Continue reading Musk reveals plan to scale Tesla to ‘extreme size’
Author: Tech Crunch Online News
The Station: GM deepens it stake in Cruise and Porsche plots out its EV course
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. (Folks, a technical snafu meant the weekly newsletter wasn’t emailed to subscribers this Sunday, so we’re posting this now. We regret the error.) Hello readers: Welcome to The… Continue reading The Station: GM deepens it stake in Cruise and Porsche plots out its EV course
GM is buying out Softbank’s stake in autonomous vehicle unit Cruise
General Motors is expanding its ownership stake in self-driving car subsidiary Cruise. The automaker said late Friday that is is acquiring Softbank Vision Fund 1’s equity ownership in Cruise for $2.1 billion. GM is also making an additional $1.35 billion investment in Cruise, replacing a previous commitment made by the fund in 2018. The announcement… Continue reading GM is buying out Softbank’s stake in autonomous vehicle unit Cruise
Porsche is turning its mid-engine 718 roadster into an EV by 2025
The Porsche 718, a mid-engine roadster that injects the automaker’s motorsports history into a modern-day package, is going all-electric by 2025. The 718 EV, which was announced during Porsche’s annual meeting, is one piece of the company’s ambitious and recently expanded plans to electrify its fleet. The company said Friday that it now wants 80%… Continue reading Porsche is turning its mid-engine 718 roadster into an EV by 2025
Porsche to build out its own network of EV charging stations
Porsche said it will start building out its own proprietary global network of charging stations next year, a departure from its initial strategy to rely on partnerships with other companies. The plan, which was revealed during the company’s annual meeting, comes as Porsche prepares to expand its EV portfolio beyond the Taycan to at least… Continue reading Porsche to build out its own network of EV charging stations
BMW’s CTO on electrification and supply chain issues
As BMW gets ready to debut the next generation of its 7 Series luxury sedan in April — and with that, the new all-electric i7 — the company today turned the spotlight on its overall portfolio of electric cars, including the upcoming iX1, an electrified version of its popular small crossover SUV. These will join… Continue reading BMW’s CTO on electrification and supply chain issues
Cadillac will offer two new features to select Super Cruise drivers this summer
GM’s Super Cruise will learn two new tricks this summer. GM announced on Tuesday that the driver assist system will offer Automatic Lane Change and Trailering capabilities for eligible owners. Owners of the 2021 Cadillac CT4 and CT5 will have the opportunity to purchase Automatic Lane Change capabilities while 2021 Escalade owners will be given the Trailering option,… Continue reading Cadillac will offer two new features to select Super Cruise drivers this summer
Tesla raises prices across its entire EV lineup
Tesla has raised the prices of its electric vehicles for the second time within the month. After adding $1,000 to some long-range models last week, the automaker has now implemented a much larger price increase across its lineup. As Electrek reports, its prices now start at $46,990 for the base Model 3, $2,000 higher than… Continue reading Tesla raises prices across its entire EV lineup
The Station: A final rule for AVs and Cruise’s Kyle Vogt on why he’s ready to be CEO again
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. It… Continue reading The Station: A final rule for AVs and Cruise’s Kyle Vogt on why he’s ready to be CEO again
Ford announces new EV production and profit goals for Europe
Ford is accelerating plans to sell more electric vehicles in Europe on its way toward reaching carbon neutrality in the region by 2035. The automaker announced Monday that it will launch three new electric passenger vehicles and four new electric commercial vehicles in Europe over the next two years. The company also said it plans… Continue reading Ford announces new EV production and profit goals for Europe