General Motors expects expenses for its autonomous driving subsidiary Cruise to about $2 billion this year, GM’s chief financial officer Paul Jacobson said in the company’s first-quarter earnings call. Cruise nor GM provided a detailed accounting of exactly what that $2 billion would be used for. TechCrunch will update the article if Cruise responds to requests… Continue reading GM expects to spend $2B on Cruise in 2022
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Ford teases a second electric pickup truck
Ford will build a second EV truck, CEO Jim Farley said Tuesday during the automaker’s splashy event to celebrate the production launch of the electric F-150 Lightning truck. The F-150 Lightning is a full-size truck and the third EV in Ford’s battery-electric lineup following the Mustang Mach E and the commercial E-Transit van. Farley didn’t… Continue reading Ford teases a second electric pickup truck
Chevy showcases new cab options for Silverado EV in just-released video
Today is Ford F-150 launch day, so the other electric truck makers are making some news including Chevy with a Silverado EV video that includes some new details on the 400-mile range pickup due next year. Namely some new bed cab options… The Chevrolet Silverado EV for a refresher offers: Expected GM-estimated up to 400-mile… Continue reading Chevy showcases new cab options for Silverado EV in just-released video
Egyptian MaaS startup Swvl enters Turkish markets with latest acquisition
Swvl, an Egyptian startup that provides shared transportation services for intercity and intracity trips, has expanded into Turkey with its recent acquisition of Volt Lines, a B2B transportation-as-a-service operator. The primarily stock deal, which was valued at around $40 million, gives Swvl access both to Volt Lines’ tech as well as its over 110 corporate… Continue reading Egyptian MaaS startup Swvl enters Turkish markets with latest acquisition
Vietnam’s VinFast must steer clear of many road blocks for a successful US listing …
Vietnamese electric vehicle (EV) company VinFast, whose Singapore-based holding company has filed for a US public listing, faces a rocky road before it can appeal to retail investors. While the filing to US regulators did not specify the size and price range of the IPO, VinFast is reportedly looking to raise $2 billion at a… Continue reading Vietnam’s VinFast must steer clear of many road blocks for a successful US listing …
GM teases ‘electrified’ version of the Chevy Corvette coming next year
General Motors will release an “electrified” version of the Chevy Corvette next year, followed by a fully electric version of the iconic sports car soon after that, the automaker’s president Mark Reuss said on CNBC Monday. Reuss wouldn’t confirm when the all-electric ‘Vette would make its debut, but did note that “this is coming very… Continue reading GM teases ‘electrified’ version of the Chevy Corvette coming next year
Clean Tecnica: Tesla Considering 800-Volt Systems For Semi & Cybertruck 001911
Tesla is considering using 800 volt architecture for the Cybertruck and the Semi, Drew Baglino, senior vice president of powertrain and energy engineering said during the Q1 earning call lasts week. But the company probably will not adopt 800 volt architecture for existing models. [embedded content] His statement came in response to a questioner asking… Continue reading Clean Tecnica: Tesla Considering 800-Volt Systems For Semi & Cybertruck 001911
A Tesla Is Driving Around Australia, Completely on Solar Power
Here’s how it’ll work. Green Tesla A team of scientists are planning to drive a Tesla 9,400 miles around Australia — a journey that’ll be entirely powered by the Sun alone, Reuters reports. The solar panel technology being used during their trip could make electric cars a lot more viable, especially in remote parts of the… Continue reading A Tesla Is Driving Around Australia, Completely on Solar Power
Lincoln’s first electric vehicle concept is the Star SUV
Lincoln has finally unveiled its first electric vehicle concept, and it’s now a little clearer as to where the company is headed. The upscale Ford badge has unveiled the Star, a luxury SUV that hints at the design direction for production EVs. There are some of the usual concept car excesses, but also some technological… Continue reading Lincoln’s first electric vehicle concept is the Star SUV
Lincoln’s new electric concept car uses lo-fi beats and ‘fragrances’ to elevate your state of mind
Lincoln, Ford’s luxury brand, says it will release four new electric vehicles by 2026, by which point 50 percent of its global sales will be EVs. The company also revealed its Lincoln Star Concept as a way to introduce the new design language that will come to define its upcoming electrified lineup. And what a… Continue reading Lincoln’s new electric concept car uses lo-fi beats and ‘fragrances’ to elevate your state of mind