Category: Automotive

Grab’s financial health in 8 charts

Grab, the Southeast Asian super app, just announced its fourth quarter and full year 2021 results. Below are eight charts – updated by quarter – that track the company’s performance. Go to Source

@Ford: Hans Schep to Discuss How Ford Pro Drives European Leadership at Jefferies Spring Automotive Conference

About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams.  The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Hans Schep to Discuss How Ford Pro Drives European Leadership at Jefferies Spring Automotive Conference

Rivian CEO walks back price hike for any customers who pre-ordered before March 1

Rivian surprised many of its pre-order customers on March 1 with the announcement of a significant price increase for its R1T pickup truck and R1S SUV. On Thursday, the company issued a press release authored by CEO RJ Scaringe that modified the planned price increase, promising customers who placed their pre-order for either vehicle prior… Continue reading Rivian CEO walks back price hike for any customers who pre-ordered before March 1

Kia unveils ‘Automode’ autonomous driving tech that will debut on the EV9 SUV

Much as Hyundai did yesterday, Kia has announced an electrification road map at its 2022 Investor Day, promising to have 14 fully electric models by 2027 and sales of 1.2 million EVs by 2030. It also revealed that its EV9 SUV, unveiled in concept form last November at the LA Auto Show, will be the… Continue reading Kia unveils ‘Automode’ autonomous driving tech that will debut on the EV9 SUV

Learn how Nuro co-founder Jiajun Zhu drove the AV startup to an $8.6B valuation at TC Sessions: Mobility 2022

Founders and investors have dedicated a lot of time and even more money to developing autonomous vehicle (AV) technology over the past 15 years, a trend that shows no sign of letting up any time soon. Companies like Cruise, Waymo and Zoox have spent years developing fully driverless autonomous cars — with a focus on… Continue reading Learn how Nuro co-founder Jiajun Zhu drove the AV startup to an $8.6B valuation at TC Sessions: Mobility 2022

Mack Trucks Introduces Next Generation Mack® LR Electric with Improved Range and Capacity

“Mack Trucks, the market leader in the refuse industry, is also a leader in e-mobility, and this is another step forward in our ongoing electrification journey,” said Jonathan Randall, Mack Trucks senior vice president of sales and commercial operations. “Customer feedback about the Mack LR Electric has been extremely positive, and we look forward to… Continue reading Mack Trucks Introduces Next Generation Mack® LR Electric with Improved Range and Capacity

DECKED Acquires CargoGlide

 KETCHUM, Idaho, March 3, 2022 /PRNewswire/ — DECKED is pleased to announce the acquisition of industry-leading sliding truck bed accessory manufacturer, CargoGlide. Founded in 2010, CargoGlide designs, manufactures, and sells robust, ergonomic sliding bed platforms, which allow users to easily access gear from their truck bed or cargo van. “We are very excited to bring… Continue reading DECKED Acquires CargoGlide

Exclusive-Chinese automaker SAIC’s MG Motor India to raise funds for EV push -sources

By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – MG Motor India, which is owned by China’s SAIC Motor, plans to raise funds to develop its Indian electric mobility business, three sources told Reuters, as Chinese investments face increased scrutiny by the government in New Delhi. MG Motor India may try to sell a… Continue reading Exclusive-Chinese automaker SAIC’s MG Motor India to raise funds for EV push -sources

Ford CFO on supply-chain challenges, electric vehicle production

Yahoo Finance anchor Brad Smith talks with Ford CFO John Lawler about the company’s Ford+ plan, supply chain challenges, and production of electric vehicles. Video Transcript BRAD SMITH: Ford announcing the initiation of new internal business units. Ford Model E, which will be dedicated to the electric vehicle business, and Ford Blue whose mission is… Continue reading Ford CFO on supply-chain challenges, electric vehicle production