The second shift at General Motors Bowling Green Assembly in Kentucky ended late Friday and some 400 workers filed out into the night. But 20 or 30 remained inside the plant when, in the early morning hours Saturday, alarms inside the factory sounded. The workers knew what it meant: Head to a designated shelter in the basement, said Jason Watson, shop chairman for UAW… Continue reading GM’s Factory ZERO helps fix Corvette plant after tornado rips through
Tag: Electric vehicles
Ford CEO Jim Farley praises Tesla CEO Elon Musk — and social media goes bonkers
Jim Farley and Elon Musk continue to create buzz. Within hours Monday, news splashed on social media that the two auto executives had each made a prominent magazine cover: Ford CEO Farley won 2022 MotorTrend Person of the Year and Tesla CEO Musk won 2021 Time magazine Person of the Year. Farley was the first to issue a shoutout to… Continue reading Ford CEO Jim Farley praises Tesla CEO Elon Musk — and social media goes bonkers
Toyota Outlines Electric Vehicle Expansion Plan
Toyota, the world’s largest carmaker, belatedly joined the electric vehicle bandwagon on Tuesday, saying it hoped that by the end of the decade battery-powered cars would account for one-third of sales and almost all of the sales of its Lexus luxury brand. The Japanese automaker pioneered hybrid vehicles that use electric and gasoline motors, but… Continue reading Toyota Outlines Electric Vehicle Expansion Plan
Elon Musk Sells $5 Billion in Tesla Stock
Elon Musk, the chief executive of Tesla, disclosed on Wednesday that he had sold about $5 billion worth of Tesla shares, in part to cover his tax obligations after exercising options on a large tranche of stock. Mr. Musk sold about 4.5 million shares between Monday and Wednesday, according to filings with the Securities and… Continue reading Elon Musk Sells $5 Billion in Tesla Stock
Proterra to build commercial EV battery factory in South Carolina, its third in US
Proterra, an American commercial electric vehicle company that produces transit buses and electric charging systems, is opening up its third battery factory in Greer, South Carolina. The factory should begin production in the second half of 2022 with “multiple gigawatt hours of annual battery system production capacity,” according to the company. Proterra did not disclose… Continue reading Proterra to build commercial EV battery factory in South Carolina, its third in US
Space Florida’s incredible shrinking Rivian stake
It would have been a legendary payoff for any investor, let alone a public agency: swapping an undrivable car for a multibillion-dollar stake in a hot new EV startup. Until last year, Space Florida, the state’s economic development agency for aerospace, believed that it owned 3% of Rivian as a result of a canny lease-back… Continue reading Space Florida’s incredible shrinking Rivian stake
Hitachi and REE Automotive Agree on Collaboration to Advance and Simplify the Adoption of Sustainable Electric Vehicles Globally
Hitachi and REE will accelerate the development of advanced digital solutions for REE customers by co-creating a highly scalable Data-as-a-Service (DaaS) and Analytics-as-a-Service (AaaS) platform, which will enable next-generation connected commercial EVs. Leveraging Hitachi’s Lumada data platform and REE’s platform modularity and horizontal business strategy, the companies aim to bring to market a truly modular,… Continue reading Hitachi and REE Automotive Agree on Collaboration to Advance and Simplify the Adoption of Sustainable Electric Vehicles Globally
NATSO, SIGMA Praise FHWA for Definitive Guidance on Use of Right-of-Way
ALEXANDRIA, Va., Dec. 14, 2021 /PRNewswire/ — NATSO, representing truckstops and travel plazas, along with SIGMA: America’s Leading Fuel Marketers, praised the Federal Highway Administration (FHWA) for issuing definitive guidance clarifying that State Departments of Transportation may not implement or permit others to implement commercial services, including EV charging stations, within the Interstate right-of-way. This… Continue reading NATSO, SIGMA Praise FHWA for Definitive Guidance on Use of Right-of-Way
Toyota teases electric pickup truck in new battery-electric vehicle plan
Toyota teased an upcoming electric pickup truck with an early concept vehicle at an event today about its long awaited battery-electric vehicle plan. Today, Toyota held an event about its battery-electric vehicle strategy. There was a lot of talk about how the Japanese automaker is in fact a leader in the space because it made… Continue reading Toyota teases electric pickup truck in new battery-electric vehicle plan
Idiots use Tesla Autopilot to put dog in danger in attempt to go viral
Young adults on social media put a dog in the driver’s seat of a Tesla Model X on Autopilot, putting the animal and everyone else on the road in danger, in an attempt to go viral. The case could be considered animal abuse on top of a serious traffic violation. There has been a long… Continue reading Idiots use Tesla Autopilot to put dog in danger in attempt to go viral