Ferrari has already made cars with hybrid powertrains, but during its Annual General Meeting this week, acting CEO John Elkann told investors in prepared remarks (PDF) that the carmaker will unveil “the first all-electric Ferrari” in 2025. Hopefully that plan will hold even after the company confirms a new CEO — over the past decade… Continue reading Ferrari’s CEO promises an EV in 2025
Tag: Mobility
Cruise’s head of artificial intelligence wants the autonomous-car startup to be defined by its AI innovation – Markets Insider
A Cruise AV in the Bay Area. Cruise For autonomous vehicle startup Cruise, the future isn’t just about artificial intelligence. It’s about machine learning, and that’s why Cruise is teaching its electric vehicles to drive themselves in San Francisco – one of the most complicated urban environments for self-driving cars to operate in. “Learning how… Continue reading Cruise’s head of artificial intelligence wants the autonomous-car startup to be defined by its AI innovation – Markets Insider
Self-driving truck maker TuSimple valued at $8.5b in Nasdaq debut …
Shares of TuSimple Holdings Inc made a lackluster U.S. stock market debut on Thursday, giving the self-driving truck maker a market capitalization of $8.5 billion. TuSimple shares opened at $40.25, marginally higher than their initial public offering (IPO) price of $40 per share. The San Diego, California-based company sold about 27 million shares in its IPO… Continue reading Self-driving truck maker TuSimple valued at $8.5b in Nasdaq debut …
Apple electric car MoU “very near”: Report
Autocar’s render of Apple’s maiden EV. (Copyright Autocar UK) Apple is set to sign a memorandum of understanding for the production of electric vehicles with a joint-venture company recently created by electronics and battery specialist LG Electronics and automotive contract manufacturer Magna, according to reports from South Korea. Citing an LG Group source with apparent… Continue reading Apple electric car MoU “very near”: Report
Stellantis CEO commits Jeep, Ram pickup-maker to big EV targets
The CEO of Stellantis, maker of Jeep SUVs and Ram pickups, told the company’s shareholders Thursday to expect a major boost in the number of pure battery-electric vehicle models it offers and in the percentage of low-emission vehicles it sells over the next nine years. Carlos Tavares, who leads the company that resulted from the… Continue reading Stellantis CEO commits Jeep, Ram pickup-maker to big EV targets
@VW Group: Powerful battery systems from Braunschweig: Volkswagen Group Components fires up the next production stage002847
The Volkswagen Group Components plant in Braunschweig is significantly expanding its production of battery systems for the latest electric vehicle generation. Following the first expansion stage with a maximum capacity of 250,000 battery systems, the second expansion stage has started up with the same capacity. This means that once the site is fully ramped up… Continue reading @VW Group: Powerful battery systems from Braunschweig: Volkswagen Group Components fires up the next production stage002847
ProovStation is partnering with Michelin in automated vehicle inspections
ProovStation is partnering with Michelin in automated vehicle inspections Michelin is contributing its expertise in tire data analysis to reduce the time and costs of tire inspection. MICHELIN QuickScan technology, a unique solution on the market that was initially designed for truck tires, is now being adapted to automobile needs. The vehicle inspection solution developed… Continue reading ProovStation is partnering with Michelin in automated vehicle inspections
@Groupe PSA: PR Results of Stellantis’ 2021 Annual General Meeting001560
Amsterdam – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announces that at the Annual General Meeting of Shareholders (AGM) held virtually today and broadcast live via Stellantis’ website all resolutions proposed to shareholders were adopted, including the proposal to approve a EUR 1 billion extraordinary cash distribution on common shares, as contemplated… Continue reading @Groupe PSA: PR Results of Stellantis’ 2021 Annual General Meeting001560
@Groupe PSA: PR PEUGEOT 2008 named ‘Best SUV of the year’ at the Car of the Year Awards 2021 in Ukraine001560
PEUGEOT has had a fantastic start to 2021 in Ukraine. For the second year in a row, the PEUGEOT brand has won one of the most prestigious awards at the national “Car of the Year” election. After the PEUGEOT 508 in 2020 was voted “Car of the Year 2020”, the PEUGEOT 2008 has been awarded… Continue reading @Groupe PSA: PR PEUGEOT 2008 named ‘Best SUV of the year’ at the Car of the Year Awards 2021 in Ukraine001560
Autonomous aviation startup Xwing hits $400M valuation after latest funding round
The safety pilot has his hands off the controls during an Xwing demonstration flight. Image Credits: Xwing Xwing has scored another win two months after it completed its first gate-to-gate autonomous demonstration flight of a commercial cargo aircraft. The company said Thursday it has raised $40 million at a post-money valuation of $400 million. The… Continue reading Autonomous aviation startup Xwing hits $400M valuation after latest funding round