CLOSE General Motors worker Adarrey “Ace” Humphrey was blindsided Sunday. That’s when his life changed. Humphrey, 27, has been a part-time temporary worker at GM’s Flint Assembly for the last three years. Sunday morning, he and about 250 of his co-workers crowded into UAW Local 598’s union hall. Most thought they were there for a routine meeting. But when the local’s president stepped to… Continue reading Hundreds of GM temp workers were just made permanent
Category: Automotive
Out of Gear: Follow the full Ford investigation
In April 2019, Ford Motor Co., in the last paragraph of a 70-page filing with the Securities and Exchange Commission, disclosed that it could face significant liability in lawsuits over the transmission used in Focus and Fiesta cars for nearly a decade. Detroit Free Press Ford reporter Phoebe Wall Howard wrote about the disclosure and… Continue reading Out of Gear: Follow the full Ford investigation
Hesai raises $173M for autonomous vehicle LiDAR sensors – Robot Report
Hesai Technology’s LIDAR sensors. | Credit: Hesai Technology While LiDAR manufacturers are busy pumping out new sensors at CES 2020, a leading Chinese LiDAR maker closed one of largest financing rounds ever in the sector. Shanghai-based Hesai Technology raised a Series C round of $173 million. The round was co-led by the German Bosch Group… Continue reading Hesai raises $173M for autonomous vehicle LiDAR sensors – Robot Report
@GM: GM Delivers 3.09 Million Vehicles in China in 2019 Continues strengthening its lineup to meet shifting market demand Brands enhanced portfolios wi…
Continues strengthening its lineup to meet shifting market demand Brands enhanced portfolios within high-growth SUV and luxury segments Solid progress in the development and rollout of electric vehicles across multiple brands SHANGHAI – General Motors and its joint ventures delivered more than 3.09 million vehicles in China in 2019, amid a challenging environment with weakened… Continue reading @GM: GM Delivers 3.09 Million Vehicles in China in 2019 Continues strengthening its lineup to meet shifting market demand Brands enhanced portfolios wi…
@GM: GM Canada Delivers Solid Performance in 2019 with Continued Sales Growth in Crossovers, EVs and Trucks
GM Canada Delivers Solid Performance in 2019 with Continued Sales Growth in Crossovers, EVs and Trucks 2020-01-03 OSHAWA, Ont. (January 3, 2020) — Chevrolet, Buick, GMC and Cadillac dealers delivered 256,795 vehicles in 2019, including 190,718 retail sales and 66,077 fleet sales. GM Canada’s fourth quarter deliveries totaled 53,186 units with consistent growth in total… Continue reading @GM: GM Canada Delivers Solid Performance in 2019 with Continued Sales Growth in Crossovers, EVs and Trucks
Air taxi company EHang flies autonomously in the US for the first time
Aerial passenger drone startup EHang flew its EHang 216 two-seat self-flying taxi fully autonomously in North Carolina last night, a first for the company both in the U.S. and North America. EHang, which is based in Guangzhou, China, has already demonstrated its vehicle in flight at home and in different parts of Europe and Asia,… Continue reading Air taxi company EHang flies autonomously in the US for the first time
Mirati Adds Execs With Commercial Experience at Spark, Bristol-Myers
January 8th, 2020 Xconomy San Diego — Cancer drug developer Mirati Therapeutics is beefing up its leadership team as its lead programs advance through human testing. The San Diego-based company (NASDAQ: MRTX) this week added two executives to its C-suite as part of a strategic effort to ready the biotech for its potential transformation into… Continue reading Mirati Adds Execs With Commercial Experience at Spark, Bristol-Myers
Electrek CES awards: Niu’s motorcycle, Wallbox bidirectional charger, Nissan Ariya w/e-4ORCE, Sony surprise
It’s that time of year again, and after a few days pounding the pavement of CES, our team came up with four new products deserving of some praise. Best mobility — Niu Niu’s Motorcycle was a surprise to everyone except Micah Toll, who scooped it months ago. Unfortunately we don’t have a price yet, but… Continue reading Electrek CES awards: Niu’s motorcycle, Wallbox bidirectional charger, Nissan Ariya w/e-4ORCE, Sony surprise
Tesla (TSLA) rallies near $500 per share as shorts go mad
Tesla (TSLA) continues its strong rally today on positive analyst notes and a broader market rally due to a possible de-escalation of the US/Iran situation. The stock price reaches close to $500 per share, and those holding short positions are going mad. Over the last few months, Tesla’s stock has been on a strong rally… Continue reading Tesla (TSLA) rallies near $500 per share as shorts go mad
Tesla has to move endangered bats to build Gigafactory 4, could delay and faces opposition
Tesla’s plan to build a giant factory, called Gigafactory 4, in Germany is running into some issues over the deforestation of the land where it plans to build. The latest issue is having to move some endangered bats, which could delay the plan. Last year, CEO Elon Musk confirmed that Tesla is going to build Gigafactory… Continue reading Tesla has to move endangered bats to build Gigafactory 4, could delay and faces opposition