General Motors’ subsidiary Cruise said Monday it is following the law in testing driverless cars in San Francisco and it will push on with its application to start a robotaxi service there. Cruise, based in San Francisco, has been developing self-driving cars for the past several years for the purpose of starting a commercial robotaxi service in the city. In… Continue reading GM’s self-driving subsidiary fires back at accusations it is violating laws
Tag: Mobility
@GM: GM to Invest More Than $51 Million at Bedford Aluminum Casting Facility for Chevrolet Silverado EV Drive Unit Castings December 7, 2021
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@VW Group: Volkswagen Group ties loan to sustainability target for the first time004313
The Volkswagen Group has for the first time concluded a loan with terms tied to achieving a sustainability target (sustainability linked loan). The interest rate on the three-year €1.8 billion agreement depends on the Volkswagen Group achieving its CO2 fleet emission targets in Europe. The funds will be used for refinancing and to cover new… Continue reading @VW Group: Volkswagen Group ties loan to sustainability target for the first time004313
BP buys EV charging provider AMPLY in green energy push
Under the terms of the agreement, AMPLY Power will continue to operate independently as part of BP’s global portfolio of businesses. Oil and gas major BP Plc said on Tuesday it had bought U.S. electric vehicle charging provider AMPLY Power for an undisclosed sum, stepping up efforts to cut emissions and focus on cleaner energy.… Continue reading BP buys EV charging provider AMPLY in green energy push
@Groupe PSA: PR Stellantis Targets ~€20 Billion in Incremental Annual Revenues by 2030 Driven by Software-Enabled Vehicles002907
Approximately €4 billion in annual revenues by 2026 and ~€20 billion by 2030, generated by software-enabled product offerings and subscriptions More than €30 billion of investments planned through 2025 to execute software and electrification transformation 34 million monetizable connected cars expected by 2030, with a majority of all new vehicles to be fully over-the-air updatable… Continue reading @Groupe PSA: PR Stellantis Targets ~€20 Billion in Incremental Annual Revenues by 2030 Driven by Software-Enabled Vehicles002907
Intel is taking its self-driving company Mobileye public in 2022
Intel announced that it will take public its self-driving technology company Mobileye, the Israeli company it acquired for $15.3 billion in 2017. The chipmaker said that by listing Mobileye’s shares on the stock market, it hopes to unlock more value for Intel’s shareholders. Intel will remain the majority shareholder in Mobileye. In a statement, Intel… Continue reading Intel is taking its self-driving company Mobileye public in 2022
Meritor Announces Hydrogen Fuel Cell Electric Truck Development Program with Hexagon Purus
TROY, Mich., Dec. 7, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced it will supply its Blue Horizon™ 14Xe™ ePowertrains to Hexagon Purus for a near-term development program with the intention of taking the program to production. Meritor’s ePowertrain will be used in two different hydrogen fuel-cell electric vehicle applications in North America. These… Continue reading Meritor Announces Hydrogen Fuel Cell Electric Truck Development Program with Hexagon Purus
Meritor Announces Collaboration with BAE Systems to Deliver Electric Drivetrains for Industrial Vehicles
TROY, Mich., Dec. 7, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced that it will collaborate with BAE Systems to deliver electrification for the Industrial and Defense markets. The companies will work together to offer efficient, cost-effective, fully-integrated electric vehicle solutions. As part of this strategic collaboration, BAE Systems will leverage its expertise in… Continue reading Meritor Announces Collaboration with BAE Systems to Deliver Electric Drivetrains for Industrial Vehicles
@BMW: Delivered as promised: BMW Group hands over one-millionth electrified vehicle and achieves next milestone in transformation001634
Munich. Shortly before the end of the year, the BMW Group celebrated the delivery of its one-millionth electrified vehicle: Pieter Nota, member of the Board of Management of BMW AG responsible for Customer, Brands and Sales handed over the milestone vehicle, a BMW iX xDrive40 (Power consumption in kWh/100 km: 22.5-19.3 WLTP), to its owner at… Continue reading @BMW: Delivered as promised: BMW Group hands over one-millionth electrified vehicle and achieves next milestone in transformation001634
SK on Supplies Electric Vehicle Batteries to Polestar
SK on to supply batteries for electric vehicles to Volvo’s electric vehicle brand ‘Polestar’. Along with Hyundai Motor, Ford, Daimler AG, Volkswagen, and Xpeng, the sixth automotive manufacturer has been secured as another major customer. <Polestar 2, a battery powered electric vehicle to be released in Korea.> According to industries on the 6th, SK on… Continue reading SK on Supplies Electric Vehicle Batteries to Polestar