US Motoring Press – Page 2670 – I wish I had more to offer

GM’s plan to deploy self-driving Cruise Origin on hold as feds weigh exemption request

General Motors’ mission to get 5,000 self-driving Cruise Origin vehicles in cities nationwide hangs on whether federal regulators will grant the automaker’s request to exempt the vehicle from federal safety standards. GM plans to start building the Origin at Factory Zero in Detroit/Hamtramck this year but needs approval from the National Highway Traffic Safety Administration… Continue reading GM’s plan to deploy self-driving Cruise Origin on hold as feds weigh exemption request

Michigan banks on strong auto industry, more diverse job base to dodge downturn

This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Michigan banks on strong auto industry, more diverse job base to dodge downturn

Stellantis CEO’s total compensation rose to $24.8M in 2022, despite shareholder backlash

This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Stellantis CEO’s total compensation rose to $24.8M in 2022, despite shareholder backlash

Gotion puts battery plant plan on hold in one of two Mich. towns, official says

A Chinese battery plant slated for development in the Big Rapids area appears to be putting plans on hold, at least temporarily, in a township where it was looking to locate its facility, the township supervisor said Friday. A lawyer for Gotion Inc. contacted Big Rapids Township this week to notify the community that it… Continue reading Gotion puts battery plant plan on hold in one of two Mich. towns, official says

‘Ola to go for IPO in 2024, investors to get healthy returns’: Bhavish Aggarwal

Having called off its proposed IPO plan in December 2021, citing uncertainties, Bhavish Aggarwal founder of ANI Technologies has brought back the IPO plan on table yet again. The maker of S1 electric scooter plans to list his company on bourses in 2024, apart from expanding his companies offering beyond scooter to motorcycles and cars,… Continue reading ‘Ola to go for IPO in 2024, investors to get healthy returns’: Bhavish Aggarwal

TI Clean Mobility to raise Rs. 3000 Cr. to fuel its EV platform

TI Clean Mobility to raise Rs. 3000 Cr. to fuel its EV platform In a bid to grow its EV business organically and inorganically, Rs 54000 crore Murugappa Group owned, TI Clean Mobility has raised Rs 3000 crore. TI Clean Mobility Private Limited (“TICMPL”), a wholly owned subsidiary of Tube Investments of India Limited (“TII”),… Continue reading TI Clean Mobility to raise Rs. 3000 Cr. to fuel its EV platform

TI Clean Mobility to raise Rs. 3000 Cr. to fuel its EV platform

Electric Mini Cooper SE Convertible uses alloy wheels made from 100% recycled aluminium

Electric Mini Cooper SE Convertible uses alloy wheels made from 100% recycled aluminium The BMW Group is pushing the envelope in terms of the circular economy. The new Mini Cooper SE Convertible will be the first series model to be produced with alloy wheels that are made entirely from recycled aluminium. “As a premium manufacturer,… Continue reading Electric Mini Cooper SE Convertible uses alloy wheels made from 100% recycled aluminium