Ford is rolling out its first major update to its BlueCruise advanced driver-assist system, adding hands-free lane changing and several other new features, the company announced Thursday. BlueCruise, which Ford is positioning as a viable competitor to GM’s Super Cruise and Tesla’s Autopilot systems, first launched in 2021 with the Ford Mustang Mach-E and has… Continue reading Ford will update BlueCruise driver assist with hands-free lane changing
Tag: Electric vehicles
Exclusive-General Motors targets China’s urban rich with luxury imports
By Norihiko Shirouzu BEIJING (Reuters) – General Motors has lost its mojo in China. Sales of its flagship Buick, Cadillac and Chevrolet brands have slumped by a third over the past five years to 1.3 million cars a year as consumers snap up smart EVs made by home-grown firms such as Xpeng, Nio and BYD.… Continue reading Exclusive-General Motors targets China’s urban rich with luxury imports
NIO’s Q2 Loss Widens Y/Y, Revenues Rise, Outlook Revised
NIO Inc. NIO incurred a loss per American Depositary Share (ADS) of 25 cents in second-quarter of 2022, wider than the year-ago loss of 7 cents amid higher operating expenses, despite improved deliveries. The China-based electric vehicle (EV) maker posted revenues of $1,536.6 million, up 21.8% year over year on the back of robust deliveries.… Continue reading NIO’s Q2 Loss Widens Y/Y, Revenues Rise, Outlook Revised
Tesla Deliveries From China Factory Jump, but BYD Races Ahead in Country
Reuters Social media firms to testify at U.S. Senate Homeland Security hearing The U.S. Senate Homeland Security and Governmental Affairs Committee will hold a hearing Wednesday with Facebook parent Meta Platforms, Alphabet’s YouTube, Twitter and short video app TikTok on social media’s impact on homeland security. The panel led by Democratic Senator Gary Peters will… Continue reading Tesla Deliveries From China Factory Jump, but BYD Races Ahead in Country
World-first EB2.0 UL Certified 48V*20Ah Battery Pack: Addmotor’s Latest Etrike Innovation
Addmotor unveils its next-generation electric trikes applying EB2.0 UL certified 48V*20Ah battery pack extending the riding range to 85+miles per charge and enhancing safety. EL MONTE, Calif., Sept. 8, 2022 /PRNewswire/ — Addmotor–an online marketplace that serves as a one-stop-shop for electric bikes and trikes of all levels–releases its 2023 electric tricycles with an EB2.0 UL-certified… Continue reading World-first EB2.0 UL Certified 48V*20Ah Battery Pack: Addmotor’s Latest Etrike Innovation
EV startup Bollinger acquired by Mullen Automotive for $148.2 million
Mullen Automotive has acquired a controlling stake in electric vehicle startup Bollinger Motors, buying up 60 percent of the struggling company’s stock for $148.2 million, the companies announced Thursday. Mullen said it will add Bollinger-designed medium-duty trucks and sport utility trucks to its inventory. The deal “positions Bollinger to capture the electric sport utility and… Continue reading EV startup Bollinger acquired by Mullen Automotive for $148.2 million
@Daimler: Mercedes-Benz Vans accelerates electric transformation with future plans for European facilities
Reorganization of the production network planned for large vans in Europe Realignment ensures competitiveness in the price-sensitive van segment and creates extensive future prospects for employees Comprehensive investment to prepare for development and production of all-electric van architecture VAN.EA Memorandum of Understanding for Strategic Partnership with Rivian for Joint Production of large all electric vans… Continue reading @Daimler: Mercedes-Benz Vans accelerates electric transformation with future plans for European facilities
Automated Guided Vehicle Market to be Worth $9.38 Billion by 2030: Grand View Research, Inc.
SAN FRANCISCO, Sept. 8, 2022 /PRNewswire/ — The global automated guided vehicle market size is expected to reach USD 9.38 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to reach a CAGR of 10.2% from 2022 to 2030. Automated guided vehicles (AGVs) have transformed the way… Continue reading Automated Guided Vehicle Market to be Worth $9.38 Billion by 2030: Grand View Research, Inc.
Uber and Nuro Announce 10-Year Partnership for Autonomous Food Deliveries Starting in California and Texas
Multi-year, multiple market partnership will begin with deliveries in Mountain View, CA and Houston, TX and expand to other key markets for Uber SAN FRANCISCO, Sept. 8, 2022 /PRNewswire/ — Uber Technologies, Inc. ( NYSE:UBER) and Nuro, a leading autonomous vehicle company, today announced a multi-year partnership to use Nuro’s autonomous, electric vehicles for food deliveries… Continue reading Uber and Nuro Announce 10-Year Partnership for Autonomous Food Deliveries Starting in California and Texas
EVPASSPORT BRINGS EV CHARGERS TO UBS ASSET MANAGEMENT’S INVESTMENT TRUST PROPERTIES
New EVPassport EV charging stations will be available at select commercial and residential properties in the United States LOS ANGELES, Sept. 8, 2022 /PRNewswire/ — EVPassport, the innovative EV charging hardware and software “connected infrastructure” platform, today announced the plan to deploy EVPassport electric vehicle chargers at commercial and multi-family real estate investment trust properties across… Continue reading EVPASSPORT BRINGS EV CHARGERS TO UBS ASSET MANAGEMENT’S INVESTMENT TRUST PROPERTIES