Self-driving car companies zoom ahead, leaving U.S. regulators behind

WASHINGTON/SAN FRANCISCO, Feb 2 (Reuters) – Self-driving vehicle companies from Tesla Inc (TSLA.O) to General Motors Co’s (GM.N) Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for robot-driven vehicles. On Tuesday, Cruise said that SoftBank Group Corp (9984.T) will invest another… Continue reading Self-driving car companies zoom ahead, leaving U.S. regulators behind

Cruise, loaded with another $1.35B from SoftBank, opens up driverless ride-hailing to the public

Cruise is opening up its driverless robotaxi service to the public in San Francisco as the GM subsidiary creeps toward commercialization with a fresh $1.35 billion investment from SoftBank Vision Fund. SoftBank had previously committed to investing an additional $1.35 billion, on top of its initial $900 million investment, once Cruise was ready for commercial… Continue reading Cruise, loaded with another $1.35B from SoftBank, opens up driverless ride-hailing to the public

Continental and Volterio develop automated charging system

Continental Engineering Services (CES) has partnered with startup Volterio to develop an automated conductive charging system. Volterio plans to develop near-production systems for the jointly designed “charging robot” by mid-2022. CES will then take the product through the certification process and take over production. Volume production of the system is planned for 2024 and will… Continue reading Continental and Volterio develop automated charging system

Battery swapping to boost EV adoption in last-mile delivery space

Finance Minister Nirmala Sitharaman said the private sector will be encouraged to develop sustainable and innovative business models for ‘Battery or Energy as a Service’. New Delhi: Despite Tesla CEO Elon Musk still not entertaining a bevy of Indian ministers to manufacture its electric cars in the country, the government on Tuesday said it will… Continue reading Battery swapping to boost EV adoption in last-mile delivery space

AVL Renames North American Division to Reflect Mobility Leadership

“As a company, we have moved well past traditional powertrains and now our name reflects our strength in new technologies,” said Stephan Tarnutzer, President of AVL Mobility Technologies, Inc. “At AVL, we create a better world by driving the trends of tomorrow through our technology leadership in sustainable mobility solutions.” The division renaming also kicks… Continue reading AVL Renames North American Division to Reflect Mobility Leadership

NIO Inc. Provides January 2022 Delivery Update

NIO delivered 9,652 vehicles in January 2022, increasing by 33.6% year-over-year Cumulative deliveries of the ES8, ES6 and EC6 as of January 31, 2022 reached 176,722 SHANGHAI, China, Feb. 01, 2022 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer and a leading company in the premium smart electric vehicle market,… Continue reading NIO Inc. Provides January 2022 Delivery Update

Hyundai Motor America Reports Record-Breaking January 2022 Sales

FOUNTAIN VALLEY, Calif., Feb. 1, 2022 /PRNewswire/ — Hyundai Motor America reported total January sales of 47,872 units, a 10% increase compared with January 2021 and the highest January sales total in company history. Venue (+70%), Tucson (+64%), Palisade (+12%) and the Ioniq (+51%) also established new January total sales records. Hyundai did not have any… Continue reading Hyundai Motor America Reports Record-Breaking January 2022 Sales

@Daimler: Daimler embarks on a new era as Mercedes-Benz Group

Renaming Mercedes-Benz Group AG marks completion of realignment Full focus on passenger cars and vans in the luxury and premium segment Leading role in electric mobility and vehicle software as a goal Stuttgart (Germany) – Daimler AG will become Mercedes-Benz Group AG on February 1, 2022. Following the successful stock market debut of Daimler Truck,… Continue reading @Daimler: Daimler embarks on a new era as Mercedes-Benz Group

Battery swapping policy will boost adoption of EVs, especially for public transport and goods mobility

The shorter charging time with battery swapping also increases the up time for EVs bought for commercial use, thus helping buyers sooner achieve a break-even. The electric vehicle (EV) industry will get a big push, especially on the public transport front with the formulation of a Battery Swapping Policy that Finance Minister Nirmala Sitharaman announced… Continue reading Battery swapping policy will boost adoption of EVs, especially for public transport and goods mobility