Ford Announces Petrol Fragrance to Appease Nostalgic EV Owners

Who says you can’t huff petrol while driving an EV? Mach-Eau Ford has launched a new petrol-scented fragrance called “Mach-Eau,” designed to appease nostalgic owners of the upcoming Mach-E GT, a sporty variant of its first first fully electric Mustang. And, no, this isn’t an extremely late “Voltswagen”-level disaster of an April Fool’s joke. The… Continue reading Ford Announces Petrol Fragrance to Appease Nostalgic EV Owners

Uber CEO: CEOs are paid too much (UBER)

Uber CEO Dara Khosrowshahi thinks his fellow C-suiters are overpaid, he told The New York Times.  He made around $12 million in 2020 and more than $42 million in 2019, when you include stock bonuses.  CEO pay rose sharply in 2020, with several executives raking in paydays in excess of $100 million. See more stories… Continue reading Uber CEO: CEOs are paid too much (UBER)

Uber’s CEO says he ‘nearly got killed’ while delivering for UberEats on bike in San Francisco (UBER)

Uber’s CEO delivered food for UberEats, and he told The New York Times he “nearly got killed.” Dara Khosrowshahi said “traffic was nuts” as he rode his bike near a baseball park in San Francisco. He said he spent time delivering food in late June and made about 0.3% of his daily salary. See more… Continue reading Uber’s CEO says he ‘nearly got killed’ while delivering for UberEats on bike in San Francisco (UBER)

Rivian delays first electric pickup deliveries to September

Rivian has delayed the first deliveries of its long-awaited electric pickup truck again, this time until September. Rivian CEO RJ Scaringe broke the news to buyers in an email sent Friday morning. The Amazon and Ford-backed EV startup originally planned to start delivering its electric pickup, the R1T, and its SUV, the R1S, in 2020.… Continue reading Rivian delays first electric pickup deliveries to September

Uber negotiated a huge cut to a $59 million fine it received for refusing to share data about sexual assaults on its service

Uber was fined $59 million last year for refusing to disclose data on 3,000 sexual-assault reports. The company negotiated that fine down to $150,000 and won’t have to disclose identifiable data. Uber will also donate $9 million to a victims’ relief fund and toward improving the industry. See more stories on Insider’s business page. Uber… Continue reading Uber negotiated a huge cut to a $59 million fine it received for refusing to share data about sexual assaults on its service

Elon Musk doesn’t care if the Cybertruck flops (TSLA)

Elon Musk doesn’t care if the Cybertruck doesn’t sell, he said Thursday.  The Tesla CEO admitted the truck looks like nothing else on the market today.  Musk also took a swipe at the other truck makers, saying all their models look the same.  See more stories on Insider’s business page. Elon Musk dismissed criticism of… Continue reading Elon Musk doesn’t care if the Cybertruck flops (TSLA)

GM expands Ultium Charge 360 program to commercial fleets to accelerate EV adoption

In an announcement this morning, General Motors (GM) has unveiled plans to expand its newly formed Ultium Charge 360 program to include commercial fleets. GM’s holistic approach to charging infrastructure and acceleration of electrified fleets already has five partners onboard, including EVgo. GM’s Ultium Charge 360 program was first introduced in April as a simplified… Continue reading GM expands Ultium Charge 360 program to commercial fleets to accelerate EV adoption

Tesla will likely launch a flying car business by 2050 that could be worth $1,000 per share, according to Morgan Stanley (TSLA)

Elon Musk. Britta Pedersen-Pool/Getty Images Tesla’s launch of a flying car is a matter of when, not if, according to a note from Morgan Stanley. Morgan Stanley thinks a flying car business could be worth as much as $1,000 per share for Tesla. “The chance that Tesla does not ultimately offer products and services to… Continue reading Tesla will likely launch a flying car business by 2050 that could be worth $1,000 per share, according to Morgan Stanley (TSLA)

General Motors has warned owners of 51,000 previously recalled Chevrolet Bolt EVs that they might still pose a fire risk

GM has told some Chevrolet Bolt EV owners to park their vehicles outside immediately after charging. The automaker said it had been “notified of two recent Chevrolet Bolt EV fire incidents.” GM recalled more than 50,000 Bolt EVs in November after reports of battery fires. See more stories on Insider’s business page. General Motors (GM) has… Continue reading General Motors has warned owners of 51,000 previously recalled Chevrolet Bolt EVs that they might still pose a fire risk

GM asks Chevy Bolt EV owners not to charge overnight or park inside after 2 more fires

There have been three recent Chevy Bolt EV fires, two within the past 2 weeks. One in May which had the temporary recall, another July 1st which had the final software update in Vermont, and another with the final update in New Jersey in the past week or so. GM has updated their recall page… Continue reading GM asks Chevy Bolt EV owners not to charge overnight or park inside after 2 more fires