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

Ascend Elements Begins Construction of Apex 1 in Southwestern Kentucky

140-acre facility and campus will produce sustainable EV battery precursor and cathode active material for 250,000 electric vehicles per year HOPKINSVILLE, Ky., Oct. 20, 2022 /PRNewswire/ — Ascend Elements began construction of its largest electric vehicle battery recycling and engineered materials manufacturing facility with a ceremonial groundbreaking today. Leaders of the fast-growing startup were joined by Gov.… Continue reading Ascend Elements Begins Construction of Apex 1 in Southwestern Kentucky

MotorTrend Names Hyundai IONIQ 5 Its 2023 SUV of the Year

IONIQ 5 outpaced a competitive field of 45 all-new or significantly redesigned SUVs The all-electric SUV excelled in key criteria: safety, efficiency, value, advancement in design, engineering excellence and performance of intended function MotorTrend judges praised the “smartly packaged crossover” for its “great range and quick-charging capability” as well as its “futuristic” styling SEOUL, South… Continue reading MotorTrend Names Hyundai IONIQ 5 Its 2023 SUV of the Year

GM reveals $107K Sierra EV pickup — and Denali owners will get first dibs

On Thursday, General Motors revealed its latest electric vehicle destined for market in two years, the 2024 GMC Sierra electric light-duty pickup. GMC also opened the reservation bank for the pickup to the public. But days earlier, GMC offered owners of its luxury Denali trim-line vehicles an invitation to make the first reservations for the… Continue reading GM reveals $107K Sierra EV pickup — and Denali owners will get first dibs

2024 GMC Sierra EV pickup gets upscale features, new name for front trunk

GMC’s 2024 Sierra EV pickup will boast unique styling, 400-mile range and a raft of upscale features when it goes on sale early in 2024. Sierra’s four-wheel steering also will enable the sideways-shuffling “crab walk” for maneuvers in tight spaces off road and in Montessori parking lots. Plus it comes with some special features in… Continue reading 2024 GMC Sierra EV pickup gets upscale features, new name for front trunk

Lyft co-founder says autonomous vehicles won’t replace drivers for at least a decade

Human drivers on the Lyft platform aren’t going to be replaced by autonomous vehicles anytime soon, company co-founder and president John Zimmer told the audience today at TechCrunch Disrupt. “I can’t imagine anytime in the next decade-plus where we would need any less drivers,” he said, noting that he envisions autonomous vehicles handling anywhere from… Continue reading Lyft co-founder says autonomous vehicles won’t replace drivers for at least a decade