Autos & TransportationSan Francisco agency opposes Cruise robotaxi application, citing safetyDecember 1, 2021

A Cruise self-driving car, which is owned by General Motors Corp, is seen outside the company’s headquarters in San Francisco where it does most of its testing, in California, U.S., September 26, 2018. Picture taken on September 26, 2018. REUTERS/Heather Somerville Register now for FREE unlimited access to reuters.com Register Dec 1 (Reuters) – San… Continue reading Autos & TransportationSan Francisco agency opposes Cruise robotaxi application, citing safetyDecember 1, 2021

@GM: GM and POSCO Chemical Will Build a New North America Factory to Process Cathode Active Material for Ultium Batteries December 1, 2021

Joint venture will help scale battery cell production as GM targets U.S. EV leadership GM is launching more than 30 EVs globally by 2025, including the GMC HUMMER EV, the Cadillac LYRIQ and the Chevrolet Silverado EV DETROIT, Dec. 1, 2021 /PRNewswire/ — General Motors (NYSE: GM) and POSCO Chemical today announced plans to form a… Continue reading @GM: GM and POSCO Chemical Will Build a New North America Factory to Process Cathode Active Material for Ultium Batteries December 1, 2021

Dana Incorporated Names New Chief Financial Officer

MAUMEE, Ohio, Dec. 1, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced the appointment of Dana veteran Timothy R. Kraus as senior vice president and chief financial officer.  Mr. Kraus succeeds Jonathan Collins, who will be leaving Dana to become CFO of Clarivate plc (NYSE: CLVT), a world-leading information and analytics provider.  Mr. Collins will… Continue reading Dana Incorporated Names New Chief Financial Officer

Stellantis CEO to regulators: ‘Let the automotive industry’ do its job

The CEO of the maker of Jeeps SUVs and Ram pickup trucks said Wednesday automakers are in the highest of high-speed modes in their shift toward electrification and regulators should focus their efforts on the energy industry and building out charging infrastructure. Accelerated electrification goals could lead to job losses, Stellantis NV CEO Carlos Tavares said.… Continue reading Stellantis CEO to regulators: ‘Let the automotive industry’ do its job

Nuro and 7-Eleven to pilot autonomous delivery service in California

Convenience store giant 7-Eleven is pairing up with Nuro to pilot a commercial delivery service using autonomous vehicles in the Silicon Valley enclave of Mountain View, California. The service, which customers can access beginning December 1 through 7-Eleven’s 7NOW delivery app, will initially use Nuro’s self-driving Priuses. Eventually, the service will use Nuro’s R2 delivery… Continue reading Nuro and 7-Eleven to pilot autonomous delivery service in California

China’s Biggest Carmaker Eyes $157 Million for Mobility Division

(Bloomberg) — SAIC Motor Corp. is planning a fresh round of fundraising for its mobility service platform Xiangdao Chuxing, according to people familiar with the matter, as it seeks to stay competitive amid shifts in the automotive industry. Most Read from Bloomberg China’s biggest carmaker, which counts Volkswagen AG and General Motors Co. as partners,… Continue reading China’s Biggest Carmaker Eyes $157 Million for Mobility Division

AWS launches new services for the automotive industry

At its annual re:Invent conference, AWS today announced two new initiatives for the automotive industry. One is a new product, AWS FleetWise, a new service that makes it easier for automakers to collect and retrieve sensor and telemetry data from their vehicle fleets. The other is AWS Automotive, a broader, industry-specific initiative that brings together… Continue reading AWS launches new services for the automotive industry

Mercedes-Benz partners Factorial Energy to develop solid-state battery tech

L-R: Markus Schafer, Member of the Board of Management of Daimler AG and Mercedes-Benz AG and Siyu Huang, co-founder and CEO of Factorial Energy. En route towards a fully electric future, Mercedes-Benz is joining forces with US-based Factorial Energy to jointly develop next-generation battery technology with the aim of testing prototype cells as early as… Continue reading Mercedes-Benz partners Factorial Energy to develop solid-state battery tech

@BMW: Endurance test on ice and snow: The BMW i7 undergoes driving dynamics testing at the polar circle.001625

Munich. With the consistent expansion of its range to further vehicle segments, the BMW Group is pushing ahead with the transformation to electric mobility. During the forthcoming year, the Munich-based premium automobile manufacturer will already present the world’s first all-electric luxury sedan – the BMW i7 (power consumption combined: 22.5 – 19.5 kWh/100 km according… Continue reading @BMW: Endurance test on ice and snow: The BMW i7 undergoes driving dynamics testing at the polar circle.001625

WM Motor Secures US$152 Million Series D2 Financing Led by Agile Group

SHANGHAI and HONG KONG, Nov. 30, 2021 /PRNewswire/ — WM Motor Holdings Limited (“WM Motor,” the “Group” or the “Company”), a dominant smart EV player in China’s mainstream market, today announced a Series D2 financing of US$152 million led by Agile Group Holdings Limited (“Agile”), an integrated conglomerate specializing in property development and management in China.… Continue reading WM Motor Secures US$152 Million Series D2 Financing Led by Agile Group