Premium A company controlled by the founder of scandal-plagued Luckin Coffee Inc. agreed to sell its stake in Car Inc. to a unit of Beijing Automotive Group Co. Ltd. (BAIC Group), ending a month-long fight for ownership of China’s biggest car rental provider. Go to Source
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Ford’s top lawyer leaving automaker to take job at Coca-Cola
CLOSE Bradley Gayton, general counsel at Ford Motor Co. is leaving to take a job at Coca-Cola. (Photo: Eric W. Perry) A 39-year Ford veteran will take over as the top lawyer for the automaker as it loses Bradley Gayton to the Coca-Cola Co. John Mellen, associate general counsel at Ford, is to become general… Continue reading Ford’s top lawyer leaving automaker to take job at Coca-Cola
Aurora expands to Texas in bid to ramp up self-driving truck efforts
Aurora, the autonomous vehicle technology startup backed by Amazon, is expanding into Texas as it aims to accelerate the development of self-driving trucks. The company said it plans to test commercial routes in the Dallas-Fort Worth Area with a mix of Fiat Chrysler Pacifica minivans and Class 8 trucks. A small fleet of Pacificas will… Continue reading Aurora expands to Texas in bid to ramp up self-driving truck efforts
GM’s Barra expects virus to ebb, economic recovery by early 2021
Tom Krisher, Associated Press Published 9:33 p.m. ET July 19, 2020 Detroit — The auto business used to be pretty simple. Crank out vehicles that people want to buy and collect profits. It’s gotten a whole lot more complicated since Mary Barra took over as CEO of General Motors in 2014. She has cut costs… Continue reading GM’s Barra expects virus to ebb, economic recovery by early 2021
Ford general counsel Bradley Gayton leaves for Coca-Cola
Ford Motor Co. on Monday named John Mellen, longtime manager of the Dearborn automaker’s global litigation practice, its general counsel as Bradley Gayton leaves for the Coca-Cola Co. Mellen, Ford’s associate general counsel and 39-year veteran of the Blue Oval, has provided counsel in areas including safety and environmental regulatory compliance, labor and employment, occupational… Continue reading Ford general counsel Bradley Gayton leaves for Coca-Cola
Self-driving startup Aurora expands public road testing to Texas
Ed Ludlow, Bloomberg Published 2:53 p.m. ET July 20, 2020 Even as some robo-taxi developers are tapping the brakes, self-driving startup Aurora Innovation Inc. is expanding its testing operations to Texas, adding a third state to its existing public-road proving grounds in California and Pennsylvania. Aurora, founded by Chris Urmson, a former head of Google’s… Continue reading Self-driving startup Aurora expands public road testing to Texas
Jeep Unveils Renegade 4xe And Compass 4xe PHEVs
Renegade 4xe and Compass 4xe: the Jeep® brand’s take on the plug-in hybrid Renegade 4xe and Compass 4xe are the first electrified Jeep® models in the EMEA Region Plug-in hybrid technology makes the new Jeep 4xe SUVs pioneers of the brand’s ’green‘ evolution The new Jeep 4xe models mean the brand’s future is connected, electrified,… Continue reading Jeep Unveils Renegade 4xe And Compass 4xe PHEVs
Mysterious Kia Electric Vehicle Prototype Spotted Under Camouflage
Looks like Kia will be adding another model to its roster of electric vehicles and we have reason to believe it’s the production version of the ‘ Imagine by Kia ‘ concept revealed at the 2019 Geneva Motor Show. It probably won’t look exactly like the study, especially inside, but that does seem to be… Continue reading Mysterious Kia Electric Vehicle Prototype Spotted Under Camouflage
Self-driving startup Aurora expands vehicle testing to Texas
(Reuters) – Self-driving startup Aurora is expanding testing and development of its vehicles to Dallas-Fort Worth Area in Texas, the company said on Monday. The company, which is already testing its vehicles in the San Francisco Bay Area and Pittsburgh, said it will test its fleet of Pacificas and Class 8 trucks in Texas. Last… Continue reading Self-driving startup Aurora expands vehicle testing to Texas
Xpeng raises $500m as Chinese EV makers step up capital hunt
HONG KONG — Xpeng Motors, one of China’s most high-profile electric vehicle startups, has secured $500 million in its latest funding round, giving it further firepower as rivals join an intensifying hunt for capital to ensure their survival. The new funds came from investors including Aspex, Coatue, Hillhouse and Sequoia Capital China, seven months after… Continue reading Xpeng raises $500m as Chinese EV makers step up capital hunt