Dec 23 (Reuters) – Electric vehicle startup Rivian said on Monday it closed a $1.3 billion investment round, led by fund manager T. Rowe Price but also including existing investors online retailer Amazon.com Inc and No. 2 U.S. automaker Ford Motor Co. The investment round, which also included BlackRock Inc, is the fourth this year… Continue reading EMBARGOED-Electric vehicle startup Rivian scores $1.3 bln investment from T.Rowe Price, others
Tag: Ford
Bill Ford celebrates 40 years at Ford Motor Co. – The Detroit News
Dearborn — Bill Ford wasn’t sure how long he’d stick around when he started at Ford Motor Co at the age of 22. That was forty years ago. “I thought I’d take it year by year,” the Ford executive chairman told roughly 500 employees gathered Tuesday in the auditorium at Ford World Headquarters here. “I… Continue reading Bill Ford celebrates 40 years at Ford Motor Co. – The Detroit News
Amazon’s van-buying spree delivers a gift to auto industry
Gabrielle Coppola, Bloomberg News Published 7:14 p.m. ET Dec. 20, 2019 The Amazon.com Inc. vans parked outside apartment buildings and along suburban cul de sacs aren’t just bearing gifts to online shoppers this holiday season. The e-commerce giant’s home-delivery push has been a boon to automakers, too. Amazon announced the order of 100,000 electric delivery… Continue reading Amazon’s van-buying spree delivers a gift to auto industry
Autoblog Podcast #608: Robert Bollinger interview – Autoblog
In this week’s Autoblog Podcast, Editor-in-Chief Greg Migliore and Senior Editor, Green, John Beltz Snyder visit Bollinger Motors to speak with the startup’s CEO and founder Robert Bollinger. We talk about the B1 and B2 electric trucks, and Bollinger’s inspiration for creating them in the first place. He offers insights into what goes into creating… Continue reading Autoblog Podcast #608: Robert Bollinger interview – Autoblog
Indian automaker Mahindra unveils top management reshuffle
MUMBAI (NewsRise) — Mahindra and Mahindra unveiled a top-level management reshuffle, aimed at grooming the next level of leadership that will have its task cut out: steer the company out of one of the worst-ever downturns gripping the Indian automobile market. Pawan Goenka, who is currently the managing director, has been given the additional responsibility… Continue reading Indian automaker Mahindra unveils top management reshuffle
@Ford: Lincoln Aviator Introduces Heated Wiper Blades to Keep Windshields Clear of Ice, Snow This Winter
Advanced VisioBlade® wiper system, available on all-new Lincoln Aviator, is designed to keep windshields clear of dirt and icy buildup by dispensing wiper fluid through integrated nozzles in the flat blades; unique heating element keeps blades warm Structure of blades improves distribution of wiper fluid to clean more efficiently and reduce glare; blades can heat… Continue reading @Ford: Lincoln Aviator Introduces Heated Wiper Blades to Keep Windshields Clear of Ice, Snow This Winter
China’s Great Wall revs up for India as rivals hit the brakes
NEW DELHI (Reuters) – Chinese automakers Great Wall Motor (601633.SS) and Changan Automobile (000625.SZ) are accelerating plans to build cars in India after the initial success of rival SAIC Motor (600104.SS) in one of the world’s biggest markets, three sources said. FILE PHOTO: A picture shows the emblem of the Changan automobile maker at the… Continue reading China’s Great Wall revs up for India as rivals hit the brakes
30-40% Of Tesla Owners Buy Autopilot – Forbes
Full self-driving capability is just three years away, according to one Silicon Valley expert. “We’ve probably spent $100 billion in the past four or five years developing technology for fully autonomous go-anywhere cars,” says Blair LaCorte, president of AEye. “That … can now be used in more intelligent ways, in more intelligent business models.” Quite… Continue reading 30-40% Of Tesla Owners Buy Autopilot – Forbes
Mobility services: Expensive fleet: The car sharing flop from Daimler and BMW
Drive Now and Car2Go cars Skepticism about the business model is increasing. (Photo: obs / Accor Hotellerie Deutschland GmbH) Düsseldorf, Munich It was not a year ago that the motto was “The sky is the limit”. The bosses of that time BMW and Daimler. Harald Kruger and Dieter Zetsche, announced the merger of their mobility… Continue reading Mobility services: Expensive fleet: The car sharing flop from Daimler and BMW
California allows ‘light-duty’ self-driving delivery vehicles
Sponsored Links Nuro Self-driving delivery vehicles could soon become a relatively common sight on California streets. The state’s Department of Motor Vehicles will allow “light-duty” autonomous delivery vehicles under 10,001lbs for testing and commercial uses. Companies will need permits that vary depending on whether or not a backup driver is involved, but this will allow… Continue reading California allows ‘light-duty’ self-driving delivery vehicles