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
Tag: Mobility
Canoo to Announce First Quarter 2022 Financial Results
JUSTIN, Texas, April 26, 2022 /PRNewswire/ — Canoo Inc. (Nasdaq: GOEV), a high-tech advanced mobility company, today announced that it plans to report its financial results for the first quarter ended March 31, 2022 after market close on Monday, May 9, 2022. The Company will host a conference call and live webcast at 5:00 pm… Continue reading Canoo to Announce First Quarter 2022 Financial Results
@Tata-JLR: JAGUAR LAND ROVER LAUNCHES OPEN INNOVATION STRATEGY TO ACCELERATE ITS MODERN LUXURY VISION
About Jaguar Land Rover: Reimagining the future of modern luxury by design Jaguar Land Rover is reimagining the future of modern luxury by design through its distinct British brands. Our current model range embraces fully electric, plug-in hybrid and mild-hybrid vehicles, as well as the latest diesel and petrol engines. Our class-leading Jaguars and Land… Continue reading @Tata-JLR: JAGUAR LAND ROVER LAUNCHES OPEN INNOVATION STRATEGY TO ACCELERATE ITS MODERN LUXURY VISION
Schaeffler, Johnson Matthey, Bekaert and TNO partner to boost the efficiency of renewable hydrogen production
2022-04-26 | Schweinfurt International consortium of Schaeffler, Bekaert, Johnson Matthey and TNO work on shared research project in the field of hydrogen The goal is to accelerate Proton Exchange Membrane (PEM) technology development, by optimizing the components of the electrolyser stack Research programme will span three years and lay the foundation for a highly efficient,… Continue reading Schaeffler, Johnson Matthey, Bekaert and TNO partner to boost the efficiency of renewable hydrogen production
Car makers treble battery range and deliver 15-fold increase in model choice in a decade
Average battery range of vehicles at annual SMMT Test Day grows from 74 miles to almost 260 miles during Britain’s first ‘electric decade’. Industry confirms commitment to zero-emission motoring, from hatchbacks to supercars, as more than 40% of models on the market now come with a plug. SMMT Test Day reflects EV model choice with… Continue reading Car makers treble battery range and deliver 15-fold increase in model choice in a decade
Opportunities and challenges of the transition to zero emissions in the automotive sector
26 April, 2022 Posted by: Jorge Platero Category: Faconauto News An analysis by McKinsey shows how this process of change could create new business opportunities around the world. The mobility sector is a motor of the global economy. Every year it generates trillions of dollars and wealth in different parts of the world. Now, transport… Continue reading Opportunities and challenges of the transition to zero emissions in the automotive sector
Nissan’s ProPilot for autonomous driving from 2030
The Japanese manufacturer Nissan presented the new next-generation ProPilot technology. Another step towards autonomous driving showed Nissan before: The “Ground Truth Perception” is a sensor fusion of radar, camera and lidar. In this way, the environment and dangers are recognized in real time. According to Nissan, this will enable autonomous driving to be achieved by… Continue reading Nissan’s ProPilot for autonomous driving from 2030
Why the automotive industry is not as automated as it seems
Carmakers and their sub suppliers are overlooking a huge automation potential that can help them overcome the labour and productivity challenges facing the industry. We are used to thinking about the automotive industry as a front runner for robots and automation. In many ways, it also is: If you look at the global statistics from… Continue reading Why the automotive industry is not as automated as it seems
HERE360 Listens: automotive CEOs on the future of the industry
A recent podcast on The Verge has been cued up during our commute, featuring CEOS from tech disrupters, OEMS and US Secretary of Transportation Pete Buttigieg. It is a critical time for the automotive industry. The prospect of self-driving cars looms, while vehicles are becoming ever more like computers thanks to the amount of… Continue reading HERE360 Listens: automotive CEOs on the future of the industry
Tequila, robot, brain implant… these other crazy projects of Elon Musk
Posted on Apr 26, 2022 at 2:31 p.m.Updated on Apr 26, 2022 at 2:49 p.m. Elon Musk is a seasoned businessman. His fortune, estimated at no less than 265 billion dollars (246.5 billion euros), and his rank as the richest person on the planet bear witness to this. That didn’t stop him from embarking on… Continue reading Tequila, robot, brain implant… these other crazy projects of Elon Musk