General Motors’ subsidiary Cruise said Monday it is following the law in testing driverless cars in San Francisco and it will push on with its application to start a robotaxi service there. Cruise, based in San Francisco, has been developing self-driving cars for the past several years for the purpose of starting a commercial robotaxi service in the city. In… Continue reading GM’s self-driving subsidiary fires back at accusations it is violating laws
Tag: Electric vehicles
@GM: GM to Invest More Than $51 Million at Bedford Aluminum Casting Facility for Chevrolet Silverado EV Drive Unit Castings December 7, 2021
Terms & Conditions LEGAL NOTICES PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS SITE THIS WEB SITE (THE “SITE”) IS PROVIDED BY GM FOR INFORMATIONAL PURPOSES ONLY. BY USING THE SITE, OR BY DOWNLOADING MATERIALS FROM THIS SITE, YOU AGREE TO ABIDE AND BE BOUND BY THE TERMS AND CONDITIONS CONTAINED BELOW AND ELSEWHERE WITHIN… Continue reading @GM: GM to Invest More Than $51 Million at Bedford Aluminum Casting Facility for Chevrolet Silverado EV Drive Unit Castings December 7, 2021
Elon Musk: Tesla Bot can solve labor shortage, but there’s no clear timeline
Elon Musk gave an update on Tesla Bot, Tesla’s upcoming humanoid robot project, and said that he believes it can solve the labor shortage issue. But the CEO is not committing to any timeline. Earlier this year, Musk announced plans for Tesla Bot, a humanoid robot equipped with artificial intelligence aimed at completing general repetitive tasks. At… Continue reading Elon Musk: Tesla Bot can solve labor shortage, but there’s no clear timeline
@VW Group: Volkswagen Group ties loan to sustainability target for the first time004313
The Volkswagen Group has for the first time concluded a loan with terms tied to achieving a sustainability target (sustainability linked loan). The interest rate on the three-year €1.8 billion agreement depends on the Volkswagen Group achieving its CO2 fleet emission targets in Europe. The funds will be used for refinancing and to cover new… Continue reading @VW Group: Volkswagen Group ties loan to sustainability target for the first time004313
BP buys EV charging provider AMPLY in green energy push
Under the terms of the agreement, AMPLY Power will continue to operate independently as part of BP’s global portfolio of businesses. Oil and gas major BP Plc said on Tuesday it had bought U.S. electric vehicle charging provider AMPLY Power for an undisclosed sum, stepping up efforts to cut emissions and focus on cleaner energy.… Continue reading BP buys EV charging provider AMPLY in green energy push
SEC investigating Tesla over claims it hid solar panel fire risks
SEC investigating Tesla over claims it hid solar panel fire risks Whistleblower’s complaint led to disclosure of the review of charges the company failed to inform shareholders of defects Steven Henkes complained to the SEC in 2019 that Tesla failed to properly notify shareholders and consumers of fire risks of its solar panel systems. Photograph:… Continue reading SEC investigating Tesla over claims it hid solar panel fire risks
Intel is taking its self-driving company Mobileye public in 2022
Intel announced that it will take public its self-driving technology company Mobileye, the Israeli company it acquired for $15.3 billion in 2017. The chipmaker said that by listing Mobileye’s shares on the stock market, it hopes to unlock more value for Intel’s shareholders. Intel will remain the majority shareholder in Mobileye. In a statement, Intel… Continue reading Intel is taking its self-driving company Mobileye public in 2022
Meritor Announces Hydrogen Fuel Cell Electric Truck Development Program with Hexagon Purus
TROY, Mich., Dec. 7, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced it will supply its Blue Horizon™ 14Xe™ ePowertrains to Hexagon Purus for a near-term development program with the intention of taking the program to production. Meritor’s ePowertrain will be used in two different hydrogen fuel-cell electric vehicle applications in North America. These… Continue reading Meritor Announces Hydrogen Fuel Cell Electric Truck Development Program with Hexagon Purus
Meritor Announces Collaboration with BAE Systems to Deliver Electric Drivetrains for Industrial Vehicles
TROY, Mich., Dec. 7, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced that it will collaborate with BAE Systems to deliver electrification for the Industrial and Defense markets. The companies will work together to offer efficient, cost-effective, fully-integrated electric vehicle solutions. As part of this strategic collaboration, BAE Systems will leverage its expertise in… Continue reading Meritor Announces Collaboration with BAE Systems to Deliver Electric Drivetrains for Industrial Vehicles
Rivian offered incentives by British government to build UK factory
Rivian, the American truck and SUV manufacturer, has been offered incentives by the UK government to build a £1bn vehicle-production facility in Somerset, according to The Financial Times. The perks include a new exit off the M5 motorway for easy access to the plant, the recommissioning of a railway link in the area and numerous… Continue reading Rivian offered incentives by British government to build UK factory