Ford’s plan to defer government loan payments a ‘concerning sign’

CLOSE For Ford Bronco fans it has been a long wait to see a new Ford Bronco model. The wait is finally over as Ford reveals the 2021 Ford Bronco and Bronco Sport. Wochit Ford Motor Co. confirmed Friday that it sought and won permission from the U.S. Department of Energy to defer debt payments… Continue reading Ford’s plan to defer government loan payments a ‘concerning sign’

GM makes huge effort to increase fast-charging stations for electric vehicles

CLOSE General Motors wants people in battery electric vehicles and to make that more appealing, the automaker will start setting up thousands of fast-charging stations in the parking lots and public spaces across U.S. cities and suburbs.  GM has partnered with EVgo, the largest public fast-charging network for electric vehicles, to triple the size of the U.S.’ public… Continue reading GM makes huge effort to increase fast-charging stations for electric vehicles

@GM: General Motors and EVgo aim to accelerate widespread EV adoption by adding fast chargers nationwide More than 2,700 new EV charging plugs will trip…

More than 2,700 new EV charging plugs will triple the size of the nation’s largest public fast charging network DETROIT and LOS ANGELES – General Motors and EVgo plan to triple the size of the nation’s largest public fast charging network by adding more than 2,700 new fast chargers over the next five years, a… Continue reading @GM: General Motors and EVgo aim to accelerate widespread EV adoption by adding fast chargers nationwide More than 2,700 new EV charging plugs will trip…

GM to add 2,700 EVgo chargers in 5 years, a bet on fast-charging while shopping

General Motors and EVgo announced today that they plan to add more than 2,700 new fast chargers at grocery stores, retail outlets, and entertainment centers in 40 metropolitan areas. The project, which will take five years to complete, is an effort to convince renters and condo dwellers that EVs are practical. The message is to… Continue reading GM to add 2,700 EVgo chargers in 5 years, a bet on fast-charging while shopping

Tesla releases Q2 2020 safety report: strong year-over-year improvement in Autopilot accidents

Tesla has released its Q2 2020 safety report showing a strong year-over-year improvement in Autopilot accidents, but a small regression quarter-over-quarter. Since 2018, Tesla has been trying to create a benchmark for its improvement in Autopilot safety by releasing a quarterly report that compares the number of miles per accident on Autopilot versus off Autopilot.… Continue reading Tesla releases Q2 2020 safety report: strong year-over-year improvement in Autopilot accidents

Tesla (TSLA) secures $780 million in bonds at cheaper levels than initially anticipated

Tesla (TSLA) managed to secure $780 million in bonds against its auto leases and got cheaper levels than initially anticipated, thanks to high investor demand. Even though Tesla ended the last quarter with a record cash position of $8.5 billion, the automaker is always looking for cheap ways to improve its financial position. Borrowing through… Continue reading Tesla (TSLA) secures $780 million in bonds at cheaper levels than initially anticipated

Electric pickups a possibility, FCA CEO says, as it updates product plans

Fiat Chrysler Automobiles NV could electrify its Ram trucks if they face deteriorating market share, CEO Mike Manley said Friday, as he provided updates on product launch plans that faced delays due to the coronavirus pandemic. The Italian American automaker has said it will electrify its profit-heavy Jeep brand by 2022, but overall it has been… Continue reading Electric pickups a possibility, FCA CEO says, as it updates product plans

GM, EVgo to install 2,700 electric-vehicle charging stations

Detroit — General Motors Co. and EVgo, a public electric-vehicle charging network, are joining forces to add 2,700 electric-vehicle fast-chargers to the network to spur adoption of the vehicles across the U.S. The installation, which will take place in the next five years, will triple the size of EVgo’s charging network with charging stations being added in 40… Continue reading GM, EVgo to install 2,700 electric-vehicle charging stations

@VW Group: Audi Annual General Meeting votes on squeeze-out

A more efficient division of labor and increased Group synergies – as part of the reorganization of competencies within the Volkswagen Group, today’s Audi Annual General Meeting will also vote on a so-called squeeze-out under stock corporation law. This will result in the transfer all the Audi shares of the remaining shareholders to Volkswagen AG,… Continue reading @VW Group: Audi Annual General Meeting votes on squeeze-out

GM to fund expansion of EVgo fast-charging network for electric cars

General Motors announced Friday that it would partner with the EVgo charging network to add an additional 2,700 fast-charging stations by 2025. The announcement comes a week before it unveils the 2022 Cadillac Lyriq electric luxury SUV, the first of up to a dozen new battery-electric vehicles it says it will offer in North America… Continue reading GM to fund expansion of EVgo fast-charging network for electric cars