Ford Motor Company and Honda have met a commitment ahead of schedule to equip most of their vehicles with automatic emergency braking this year, significantly reducing crash and injury risk for thousands of drivers, according to a news release from Consumer Reports and the Insurance Institute for Highway Safety Friday. Ford and its luxury brand Lincoln, along… Continue reading Ford leads GM, Stellantis in race to meet automatic emergency braking deadline
Tag: Tesla
2022 Hyundai Ioniq 5 EV has crucial luxury-brand feature competitors can’t match
Every day, it gets harder to deny electric vehicles are the imminent next great advance in transportation. Not because governments will mandate them. But because they’re better than what we drive today. We’re drawing ever closer to the moments most buyers demand EVs, then can’t figure out how they got along without them. The 2022… Continue reading 2022 Hyundai Ioniq 5 EV has crucial luxury-brand feature competitors can’t match
He Helped Build Tesla. Now He Hopes to Do the Same at Lucid.
But mass producing automobiles is a challenge of a different magnitude. Initial versions of the Air cost almost $35,000 more than a top-of-the-line Tesla Model S Plaid. To be profitable, Lucid must appeal to more than just a superwealthy elite. “Lucid’s biggest risks are getting to scale and capacity,” said Daniel Ives, a senior analyst… Continue reading He Helped Build Tesla. Now He Hopes to Do the Same at Lucid.
JPMorgan says Tesla owes it $162 million because of an Elon Musk tweet.
Elon Musk’s Twitter post about taking Tesla private is still dogging him, more than three years later. On Monday, JPMorgan Chase sued Tesla in federal court, seeking $162 million that the bank says the electric automaker owes it under a stock options contract the companies signed in 2014. At the heart of the dispute is… Continue reading JPMorgan says Tesla owes it $162 million because of an Elon Musk tweet.
Tesla faces investor lawsuit over Musk tweets on 10% stock sales
San Francisco, Dec 14 (Reuters) – Tesla Inc (TSLA.O) was hit by a lawsuit over CEO Elon Musk’s social media posts including his Twitter poll on stock sales that pulled down its stock prices. Tesla investor David Wagner called for access to internal documents to investigate whether Tesla and Musk violated an agreement with the… Continue reading Tesla faces investor lawsuit over Musk tweets on 10% stock sales
Elon Musk’s Mentor Accused of “Brazen” Embezzlement
This is what happens when you get too high on your own supply. The ousted CEO of a SpaceX copycat — and the man who gave Elon Musk his first rocketry books — is being sued for, among other things, allegedly embezzling money to fund his vintage racecar obsession. As Ars Technica‘s Eric Berger reports, Jim… Continue reading Elon Musk’s Mentor Accused of “Brazen” Embezzlement
US auto safety nominee seeks to finish probes of Tesla crashes
NHTSA in August opened a formal safety probe into Tesla’s Autopilot system in 765,000 US vehicles after a series of crashes involving Tesla models and emergency vehicles. WASHINGTON: The Biden administration’s nominee to serve as the top auto safety regulator said Thursday he hopes the agency will soon finish its investigations into crashes involving automated… Continue reading US auto safety nominee seeks to finish probes of Tesla crashes
Genuine Parts (GPC) to Boost Scale & Profits With KDG Buyout
Genuine Parts Company GPC is set to acquire Kaman Distribution Group (“KDG”) in a $1.3-billion, all-cash deal. Based in Bloomfield, KDG is a power transmission, automation, and fluid power industrial distributor and solutions provider. With a headcount of around 17,000, the company operates across the United States and serves more than 5,000 customers. Subject to… Continue reading Genuine Parts (GPC) to Boost Scale & Profits With KDG Buyout
Rivian warns supply issues to hit production, shares drop to record low
A Rivian R1T pickup, the Amazon-backed electric vehicle (EV) maker, is driven outside the Nasdaq Market site during the company’s IPO in Times Square in New York City, U.S., November 10, 2021. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register Dec 17 (Reuters) – Rivian Automotive Inc (RIVN.O) shares sunk nearly… Continue reading Rivian warns supply issues to hit production, shares drop to record low
Electric Vehicle Charging Infrastructure Market in APAC to grow at a CAGR of 29.58% | Growing Production of EVs to Boost Growth | 17000+ Technavio Reports
NEW YORK, Dec. 17, 2021 /PRNewswire/ — The electric vehicle charging infrastructure market in APAC is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., ChargePoint Inc., Daimler AG, Renault SA, Royal Dutch Shell Plc, Schneider Electric SE, Siemens AG, Tesla Inc., TotalEnergies SE, and Webasto SE are some of the… Continue reading Electric Vehicle Charging Infrastructure Market in APAC to grow at a CAGR of 29.58% | Growing Production of EVs to Boost Growth | 17000+ Technavio Reports