Tag: Electric vehicles

GM expands Super Cruise tech for use on 400K miles of roadways

Customers driving General Motors Co.’s vehicles with the Super Cruise hands-free driving technology soon will have access to double the amount of miles where they can use the technology, GM said Wednesday. The Detroit automaker is expanding Super Cruise availability from 200,000 miles to 400,000 miles of roadways in the U.S. and Canada, included undivided… Continue reading GM expands Super Cruise tech for use on 400K miles of roadways

Lucid Motors will barely make any EVs this year as it slashes production goals again

-Luxury electric vehicle maker Lucid Motors is slashing its production forecast for 2022 for the second time this year. The Newark, California-based company announced it was revising its production expectations to between 6,000 and 7,000 vehicles. Lucid originally said it would make 20,000 vehicles in 2022, but that number was revised in February to 12,000–14,000… Continue reading Lucid Motors will barely make any EVs this year as it slashes production goals again

Lucid Appoints Steven David as Senior Vice President of Operations

Newly created position will lead operations, including supply chain, logistics, manufacturing, and quality NEWARK, Calif., Aug. 3, 2022 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market with the award-winning Lucid Air, today announced the appointment of Steven David as Senior Vice President of Operations, reporting… Continue reading Lucid Appoints Steven David as Senior Vice President of Operations

Lucid Announces Second Quarter 2022 Financial Results, Reports Strong Demand While Lowering Production Guidance for the Year

Q2 revenue of $97.3M driven by customer deliveries of 679 vehicles in the quarter Strong demand with over 37,000 reservations, representing potential sales of approximately $3.5B Production volume outlook for 2022 revised to a range of 6,000 to 7,000 vehicles NEWARK, Calif., Aug. 3, 2022 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), setting new standards… Continue reading Lucid Announces Second Quarter 2022 Financial Results, Reports Strong Demand While Lowering Production Guidance for the Year

Global Automotive Connector Market Report 2022-2026 Featuring Sumitomo Electric Industries, Aptiv, TE Connectivity, Amphenol, Japan Aviation Electronics Industry, & Hirose Electric

DUBLIN, Aug. 3, 2022 /PRNewswire/ — The “Global Automotive Connector Market (By Application, Vehicle Type and Region): Insights & Forecast with Potential Impact of COVID-19 (2022-2026)” report has been added to ResearchAndMarkets.com’s offering. The global automotive connector market recorded a value of US$92.21 billion, growing at a CAGR of 12.70%, for the time period of… Continue reading Global Automotive Connector Market Report 2022-2026 Featuring Sumitomo Electric Industries, Aptiv, TE Connectivity, Amphenol, Japan Aviation Electronics Industry, & Hirose Electric

@Toyota: Toyota Responds to Critical Needs Following Unprecedented Kentucky Flooding

Provides $750,000 to support immediate and long-term recovery; Payment relief options extended to affected Toyota and Lexus customers PLANO, Texas (Aug. 3, 2022) – Toyota announced today $750,000 in donations to assist with immediate needs and long-term recovery efforts following catastrophic flooding in Eastern Kentucky. Toyota employees are also rallying to support immediate needs through donation… Continue reading @Toyota: Toyota Responds to Critical Needs Following Unprecedented Kentucky Flooding

DDA nod to proposal on EV charging at petrol pumps, CNG stations at lesser licence fee

The Delhi Development Authority on Wednesday approved a proposal on the installation of electric vehicle (EV) charging facility at petrol or diesel pumps and CNG stations at a lesser licence fee to curb air pollution in the city, officials said. The decision was taken during a meeting of the urban body chaired by Lt Governor… Continue reading DDA nod to proposal on EV charging at petrol pumps, CNG stations at lesser licence fee

Climate change: Cabinet approves India’s updated nationally determined contribution

The Union Cabinet on Wednesday approved India‘s updated Nationally Determined Contribution (NDC) under the Paris Agreement, incorporating Prime Minister Narendra Modi’s ‘Panchamrit’ strategy announced at the Glasgow conference into enhanced climate targets. According to the updated NDC, India now stands committed to reducing emissions intensity of its GDP by 45 per cent by 2030, from… Continue reading Climate change: Cabinet approves India’s updated nationally determined contribution

Volvo sells 44,664 cars in July; to set up battery production plant in Sweden

New Delhi: Swedish carmaker Volvo Cars today reported sales of 44,664 cars in July, down 21.5% compared with the same month last year. Demand for the company’s cars remains robust, especially for its Recharge range of pure electric and plug-in hybrid cars, a company statement said. Recharge cars accounted for 21.5% of sales in July.… Continue reading Volvo sells 44,664 cars in July; to set up battery production plant in Sweden