STOCKHOLM, Oct. 21, 2022 /PRNewswire/ — To further accelerate its strategic transformation, Husqvarna Group is increasing investments into the company’s key sustainable value creation levers: robotic mowers, battery, watering and professional products. The incremental investments will reach SEK 400m per year by 2025. To fund these investments, and to become even more competitive, Husqvarna Group… Continue reading Husqvarna Group accelerates its strategic transformation
Tag: Electric vehicles
GM’s community EV charging program has its first North American dealer
The first General Motors dealership in North America officially installed Level 2 EV chargers Thursday morning as part of GM’s Dealer Community Charging Program. General Motors revealed its Dealer Community Charging Program a year ago, with plans to install up to 40,000 Level 2 chargers across North America. The program is an extension of its… Continue reading GM’s community EV charging program has its first North American dealer
Clean Technica: Elon Musk’s Pending Purchase of Twitter Weighs Heavy on Tesla — But Should It?002329
The narrative surrounding Tesla’s recent third quarter earnings mostly centered on demand, as the automaker missed expectations for vehicle deliveries. After all, “the company has navigated production hiccups and ongoing supply-chain challenges,” reports the Wall Street Journal. Digging deeper though, WSJ confesses, “Mr. Musk’s on-again, off-again pursuit of Twitter Inc. also has weighed on the car… Continue reading Clean Technica: Elon Musk’s Pending Purchase of Twitter Weighs Heavy on Tesla — But Should It?002329
Clean Technica: Tesla To Build 1,000 GWh Of Battery Cells Domestically, Over Double Entire World’s 2022 Output002328
After listening to the Q3 Tesla earnings call, there was one thing I noticed that Elon repeated 3 times, and it was the first time I’ve heard him say it. It is that Tesla plans to make a 1,000 GWh of batteries a year, vertically integrated, domestically. Let’s break down what that means: Tesla just… Continue reading Clean Technica: Tesla To Build 1,000 GWh Of Battery Cells Domestically, Over Double Entire World’s 2022 Output002328
Elon Musk: Tesla Working on Next-Gen Car That Costs Half as Much as a Model 3
We’ll believe it when we see it. Compact EV A much more affordable vehicle may eventually be joining Tesla’s lineup of EVs at roughly half the cost of the Model 3 and Model Y. At least, that’s what CEO Elon Musk promised during the company’s earnings call on Wednesday — and there are plenty of… Continue reading Elon Musk: Tesla Working on Next-Gen Car That Costs Half as Much as a Model 3
GM officially reveals its $107,000 electrified 2024 GMC Sierra Denali
GM’s goal to sell nothing but EVs by 2035 is well on its way with massive demand already for the GMC Hummer EV and the Chevy Silverado. The automaker took to social media on Thursday to unveil its third electrified offering and the burly-looking Sierra Denali EV that the company revealed does not disappoint. Officially,… Continue reading GM officially reveals its $107,000 electrified 2024 GMC Sierra Denali
Stellantis Google decision show cracks in big-tech takeover
Volvo uses Google platform in latest models Stellantis says it won’t use Google Automotive software for new-generation infotainment Google’s takeover of the dashboard was looking inevitable after the likes of Volvo, Renault, General Motors and Stellantis began rolling out the Android Automotive Operating System for their in-car infotainment. Then in June came Apple’s announcement it… Continue reading Stellantis Google decision show cracks in big-tech takeover
Deal count soars in Q3, but fundraising falls YoY in Greater China
The dearth of growth- to late-stage megadeals continued to suppress fundraising in Greater China in the third quarter, despite the volume of PE-VC deals reaching a record high. The total value of venture investments in startups headquartered in mainland China, Hong Kong, Macau, and Taiwan stood at $15.1 billion in July-September 2022, down 34.7% from… Continue reading Deal count soars in Q3, but fundraising falls YoY in Greater China
GM takes another full-size pickup electric with the 400-mile range GMC Sierra EV
General Motors unveiled Thursday an all-electric GMC Sierra Denali pickup truck, the latest model in the automaker’s march towards a global annual sales target of 1 million electric vehicles by 2025. The GMC Sierra Denali EV isn’t the first electric truck or SUV on GM’s new Ultium platform. It’s actually the brand’s third battery-electric truck,… Continue reading GM takes another full-size pickup electric with the 400-mile range GMC Sierra EV
EV maker Arrival cutting jobs again in pivot away from UK to the US
Commercial EV company Arrival is restructuring its business for the second time in six months as it tries to squeeze the most out of its remaining capital. The company said in a regulatory filing posted Thursday that it is shifting its focus to the United States and away from the UK market, where it is… Continue reading EV maker Arrival cutting jobs again in pivot away from UK to the US