Aurora Innovation Inc Chief Executive Chris Urmson recently outlined several options for the self-driving tech firm to combat challenging market conditions, including a possible sale to Apple Inc or Microsoft Corp, Bloomberg News reported on Friday. Many electric-vehicle and self-driving startups that had raised cash easily through IPOs and mergers with blank-check firms during the… Continue reading Self-driving tech firm Aurora mulls sale to Apple or Microsoft
Tag: Electric vehicles
Cleantechnica: Sweden Plugin EV Share At 46.1% In August 002217
Sweden’s auto market recorded a plugin electric vehicle share of 46.1% in August 2022, a slight drop year on year from 47.1% share. Full electrics grew their share, but plugin hybrids lost more. Overall auto volumes were 26% down on pre-pandemic seasonal norms, at 20,576 units. The Volkswagen ID.4 was the best selling full electric… Continue reading Cleantechnica: Sweden Plugin EV Share At 46.1% In August 002217
California Legislature Passes Law That Would Force Tesla to Change Name of Full Self-Driving
“Are we just going to wait for another person to be killed in California?” Legal Troubles In July, the California DMV filed a complaint that EV manufacturer Tesla had put out “untrue or misleading” advertisements on its website in relation to its Full Self-Driving (FSD) and Autopilot technology. The DMV’s gripe, essentially, is that the… Continue reading California Legislature Passes Law That Would Force Tesla to Change Name of Full Self-Driving
Sales of electrified vehicles grow 11% in the month of August
Electrified vehicles with 4,682 sales account for 7.5% of sales in the eighth month. In the accumulated figure for the year, electrified vehicles account for 8% of the total market, with 51,804 units. Registrations of electrified, hybrid and gas vehicles reach 21,431 registrations Madrid, September 1, 2022.- Sales of electrified vehicles (electric and plug-in hybrids,… Continue reading Sales of electrified vehicles grow 11% in the month of August
In leaked memo, Aurora CEO weighs spinouts, layoffs and acquisitions against sale to big tech
The chief executive of autonomous vehicle developer Aurora Innovation presented a swath of cost-cutting and cash-generating options to its board, ranging from a hiring freeze and spinning out assets to a small capital raise, going private and even selling itself to high-profile tech companies Apple and Microsoft. The ideas, all aimed at shoring up its… Continue reading In leaked memo, Aurora CEO weighs spinouts, layoffs and acquisitions against sale to big tech
California EV owners asked to curb charging ahead of travel holiday
As a brutal heat wave cooks the West in the run-up to Labor Day, California’s power grid manager is calling on electric vehicle owners to avoid charging at peak times. The request is part of a broader effort to keep the state’s grid up and running, while locals crank their air conditioners to outlast a… Continue reading California EV owners asked to curb charging ahead of travel holiday
Buick to buy out any US dealers who do not want to sell EVs
Any of Buick’s nearly 2,000 U.S. dealers who don’t want to make the investment to sell electric vehicles will soon have the chance to exit the business and get a check from General Motors for it. On Friday afternoon, Duncan Aldred, vice president of global Buick and GMC, held a virtual meeting with Buick dealers… Continue reading Buick to buy out any US dealers who do not want to sell EVs
Electric Cars Are Too Costly for Many, Even With Aid in Climate Bill
Policymakers in Washington are promoting electric vehicles as a solution to climate change. But an uncomfortable truth remains: Battery-powered cars are much too expensive for a vast majority of Americans. Congress has begun trying to address that problem. The climate and energy package passed on Sunday by the Senate, the Inflation Reduction Act, would give… Continue reading Electric Cars Are Too Costly for Many, Even With Aid in Climate Bill
Plug-In Hybrid Cars Gain Ground in Race With Electric Rivals
In late 2010, General Motors sought to seize the high ground from Toyota’s successful Prius hybrid with the Volt plug-in hybrid — a car that could drive short distances on only electricity and fire up a gasoline engine for long trips. But the Volt and other cars like it struggled to win over drivers as… Continue reading Plug-In Hybrid Cars Gain Ground in Race With Electric Rivals
A complete guide to the new EV tax credit
Tucked inside the massive Inflation Reduction Act of 2022 that was signed into law in August is a complex set of requirements around which EVs and other clean vehicles do and do not qualify for a $7,500 EV tax credit. Tl;dr not all new EVs or other clean vehicles (and even used ones) are created… Continue reading A complete guide to the new EV tax credit