Trafi, the Lithuanian startup that created a platform that lets users plan, book and pay for various modes of transportation within a city, is expanding beyond the European market where it got its start to tackle one of the most congested urban areas in the world. The company said it has reached an agreement to… Continue reading Trafi takes its mobility-as-a-service platform to LatAm, starting with Bogota
Tag: GM
@GM: Chevrolet Grows EV Lineup with 2022 Bolt EUV and Bolt EV
Chevrolet Grows EV Lineup with 2022 Bolt EUV and Bolt EV All-Electric Bolt EUV is first Chevy to offer Super Cruise1 2021-02-14 DETROIT – Today, Chevrolet expanded its electric vehicle portfolio with the introduction of the new, all-electric 2022 Bolt EUV, alongside the redesigned 2022 Bolt EV. Distinguished by unique exterior designs, including an SUV-like… Continue reading @GM: Chevrolet Grows EV Lineup with 2022 Bolt EUV and Bolt EV
General Motors settles with California for $5.75M over ignition switches
SACRAMENTO, Calif. — General Motors Co. has agreed to a $5.75 million settlement with California regarding false statements the company made to investors about problems with its deadly ignition switches, state officials announced Friday. The faulty ignition switches led to at least 124 fatalities and 274 injuries nationwide. The defect also resulted in the recall… Continue reading General Motors settles with California for $5.75M over ignition switches
General Motors settles with California for $5.75M
Sacramento, Calif. – General Motors Co. has agreed to a $5.75 million settlement with California regarding false statements the company made to investors about problems with its deadly ignition switches, state officials announced Friday. The faulty ignition switches led to at least 124 fatalities and 274 injuries nationwide. The defect also resulted in the recall… Continue reading General Motors settles with California for $5.75M
Ford chief calls for EV battery deal to avoid supply disruptions
Ford Motor Co.’s chief executive officer called on electric-vehicle battery giants LG Energy Solution Co. and SK Innovation Co. to resolve their intellectual property dispute to prevent disruptions in the supply chain. In a post on Twitter Thursday, CEO Jim Farley said the court’s ruling still allows for Ford to launch its best-selling electric F-150… Continue reading Ford chief calls for EV battery deal to avoid supply disruptions
Look out Tesla, SAIC’s $4,500 electric car takes China by storm
BEIJING — On the showroom floor of a SAIC-GM-Wuling Automobile dealership in Chongqing, a salesman enthusiastically recommended the Wuling Hong Guang Mini EV, an electric car that has quickly won over Chinese drivers since its nationwide launch in July. The boxy compact lives up to its name, measuring less than 3-meters long and 1.5-meters wide,… Continue reading Look out Tesla, SAIC’s $4,500 electric car takes China by storm
Uber and Lyft are ‘proxies for the reopening’ as investors look to rideshare to predict the pandemic recovery (UBER, LYFT)
Investors are looking at Uber and Lyft as early signs of how the economic recovery may take shape. Analysts told Insider the companies’ fates are closely tied to post-pandemic travel and consumer trends. They said Uber and Lyft became much more nimble during the pandemic, but uncertainty remains. Visit the Business section of Insider for more… Continue reading Uber and Lyft are ‘proxies for the reopening’ as investors look to rideshare to predict the pandemic recovery (UBER, LYFT)
Electric vehicles force carmakers to reinvent the wheel, and brakes, and mirrors
NEW DELHI: Taking a cue from its Swedish colleagues at Volvo and the pragmatic views of automotive product planners worldwide, General Motors roiled the international automobile industry last week by proclaiming that all its cars will go pure electric by 2035. The pronouncement is likely to apply more pressure on more automakers, both in the… Continue reading Electric vehicles force carmakers to reinvent the wheel, and brakes, and mirrors
GM agrees to $5.75 million settlement with California over ignition switches
By David Shepardson 2 Min Read WASHINGTON (Reuters) – General Motors Co agreed to a $5.75 million settlement to resolve allegations it made false statements to California’s largest pension system and other investors over its deadly ignition switch recalls. FILE PHOTO: The GM logo is seen on a water tank of the General Motors assembly… Continue reading GM agrees to $5.75 million settlement with California over ignition switches
Global semiconductor shortage could stymie EV manufacturers in 2021
As the world enters 2021 with a cautious optimism, its global markets are still feeling many of the repercussions of the COVID-19 pandemic that have yet to be eradicated. Many people have pivoted toward remote work. This has increased smartphone and laptop demand, leading to shortages of essential components like semiconductors. One industry that is… Continue reading Global semiconductor shortage could stymie EV manufacturers in 2021