BERLIN — Volkswagen’s chief executive, Herbert Diess, won fresh backing from the automaker’s supervisory board on Thursday, but his responsibilities will be pared as the company seeks to win back investor confidence lost in recent weeks during a dispute about his leadership style. As part of a compromise deal reached with Mr. Diess, 63, more… Continue reading Volkswagen’s Herbert Diess to Remain C.E.O., With Less Control
Tag: Tesla
High tech Tesla Cybertruck camper is raising money at astronomical $400 million valuation
CyberLandr, a very ambitious high-tech camper designed for the Tesla Cybertruck, is raising money at an astronomical $400 million valuation. Earlier this year, we reported that people had already started selling third-party Tesla Cybertruck accessories even though the truck is not on the market yet. It started with this camper system for Cybertruck called Cyberlandr. We… Continue reading High tech Tesla Cybertruck camper is raising money at astronomical $400 million valuation
Ford stops taking reservations for the F-150 Lightning
Ford has stopped taking reservations for the all-electric F-150 Lightning as it prepares to start making and shipping the new pickup truck in the first half of 2022. The company says it has collected 200,000 refundable $100 deposits for the Lightning since it debuted in May. That means that anyone not already in line may… Continue reading Ford stops taking reservations for the F-150 Lightning
The Chevy Silverado EV pickup truck will go into production early 2023
The Chevy Silverado EV will go into production in early 2023, according to Automotive News. The electric truck, which will make its public debut in a few weeks at the 2022 Consumer Electronics Show (CES) in January in Las Vegas, will go on sale in late 2023. The Silverado EV will be the second electric… Continue reading The Chevy Silverado EV pickup truck will go into production early 2023
German Handelsblatt: Management board restructuring: Herbert Diess remains VW boss – but largely withdraws from operational business003454
Herbert Diess The Volkswagen boss remains in office and is given new tasks. (Photo: alto.press / Alto Press) Düsseldorf At Volkswagen, the dispute over CEO Herbert Diess has been settled, the 63-year-old car manager remains at the head of the Wolfsburg-based group. That is the result of the supervisory board meeting on Thursday. At the… Continue reading German Handelsblatt: Management board restructuring: Herbert Diess remains VW boss – but largely withdraws from operational business003454
GM CEO Mary Barra Refuses To Acknowledge Tesla In Interview – Torque News
The EV war between GM and Tesla is rapidly growing, especially with GM preparing to unleash their revolutionary Ultium battery technology in the GMC Hummer EV lineup as well as the Cadillac Lyriq. But while the products themselves are aimed at dethroning each other, neither side has gone after the other when it comes to… Continue reading GM CEO Mary Barra Refuses To Acknowledge Tesla In Interview – Torque News
Bill Ford could have sold automaker stock for $18M. He paid $20M to keep it instead.
Bill Ford, executive chair of Ford Motor Company, dramatically expanded his personal investment in the automaker on Wednesday, according to a federal regulatory filing. He opted to exercise nearly 2 million stock options granted to him as part of his executive pay package. A large portion of the options were set to expire soon and have no value… Continue reading Bill Ford could have sold automaker stock for $18M. He paid $20M to keep it instead.
U.S. auto safety agency presses Tesla on video game feature
A logo of the electric-vehicle maker Tesla is seen near a shopping complex in Beijing, China January 5, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to reuters.com Register WASHINGTON, Dec 8 (Reuters) – Expressing concern about distraction-affected vehicle crashes, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday it is discussing… Continue reading U.S. auto safety agency presses Tesla on video game feature
Autos & Transportation · 9:09 AM UTCRenault Zoe goes from hero to zero in European safety agency ratingFrench carmaker Renault on Wednesday received a…
A Renault ZOE electric car is pictured at a dealership in Les Sorinieres, near Nantes, France, October 23, 2020. REUTERS/Stephane Mahe/File Photo Register now for FREE unlimited access to reuters.com Register LONDON, Dec 8 (Reuters) – French carmaker Renault (RENA.PA) on Wednesday received a blow for its popular Zoe electric model, as the European New… Continue reading Autos & Transportation · 9:09 AM UTCRenault Zoe goes from hero to zero in European safety agency ratingFrench carmaker Renault on Wednesday received a…
Autonomous driving startup Deeproute.ai prices L4 solution at $10,000
Deeproute.ai, an autonomous vehicle startup with offices in Shenzhen and Fremont, California, unveiled an ambitious self-driving solution on Wednesday. The package, named DeepRoute-Driver 2.0, is a production-ready Level 4 system that costs approximately $10,000. The price tag is incredible given the hardware used: five solid-state lidar sensors, eight cameras, a proprietary computing system, and an… Continue reading Autonomous driving startup Deeproute.ai prices L4 solution at $10,000