Ford plans to invest more than $850 million to add more production capacity at a second U.S. factory for its next-generation battery-electric vehicle program. The investment, which will be made through 2023, will focus on expanding Ford’s Flat Rock Assembly Plant in southeast Michigan. The plant investment also includes funding to build the next-generation Mustang […]
View More Ford will invest $850 million to add more production capacity for EVsCategory: detroit
Announcing TC Sessions: Mobility, a one day event on the future of mobility and transportation
Mobility is changing and the world with it. Technology is upending century-old establishments, creating new lifestyles and routines. Regions across the globe are trying to replicate Silicon Valley, but all the while Silicon Valley has been replicating a different innovative American city: Detroit. Countless companies have sprung up around the Bay Area focused on the […]
View More Announcing TC Sessions: Mobility, a one day event on the future of mobility and transportationVW investing $800M in Tennessee factory to make next-generation electric vehicles
Volkswagen will spend $800 million to expand a U.S. factory that will produce the automaker’s next generation of electric vehicles. The factory in Chattanooga, Tenn. will be the company’s North American base for manufacturing electric vehicles, VW CEO Dr. Herbert Diess said during a presentation at the Detroit Auto Show on Monday. The expansion is expected […]
View More VW investing $800M in Tennessee factory to make next-generation electric vehiclesFord is making a hybrid Explorer SUV
Ford is adding a hybrid Explorer to the mix, the first time the popular SUV has been offered with any kind of electrification. The automaker unveiled Monday the Explorer hybrid as well as a new Explorer ST at the North American International Auto Show in Detroit. The reveal followed the debut last week of the […]
View More Ford is making a hybrid Explorer SUVFord is shutting down its Chariot shuttle service
Ford is shutting down Chariot, the shuttle startup that it purchased just two years ago that was supposed to be a part of the automaker’s fresh effort to move beyond the traditional business of buying and selling cars. Chariot will end service on commuter routes in the U.K. on January 25, according to a company […]
View More Ford is shutting down its Chariot shuttle serviceGM plans to cut more than 14,000 jobs, close factories as downturn looms
First, came the voluntary buyouts. Now, GM is ramping up its belt-tightening measures with cuts to factory and white-collar workers, plant closures in North America and the elimination of several car models as it tries to transform into a nimble company focused on high-margin SUV, crossovers and trucks and investments in future products like electric and […]
View More GM plans to cut more than 14,000 jobs, close factories as downturn loomsLies, damn lies, and HQ2
There are few things certain in our world except for the uplifting tendencies of technology. I’ve spent the past few years trying to prove this to myself, at least, by interviewing hundreds of thinkers on the topic. I’ve come to a singular conclusion: when tech moves into a city, be it an iOS dev shop […]
View More Lies, damn lies, and HQ2May Mobility puts autonomous shuttles on the streets of Columbus, Ohio
This December a set of autonomous vehicles will start roaming the streets of Columbus, Ohio in an effort to turn this bustling midwestern community into the first smart city. The project, which is part of the Smart Columbus and DriveOhio initiatives, is the first step in launching a fully autonomous shuttle route in the city. […]
View More May Mobility puts autonomous shuttles on the streets of Columbus, OhioVCs say Silicon Valley isn’t the gold mine it used to be
In the days leading up to TechCrunch Disrupt SF 2018, The Economist published the cover story, ‘Why Startups Are Leaving Silicon Valley.’ The author outlined reasons why the Valley has “peaked.” Venture capital investors are deploying capital outside the Bay Area more than ever before. High-profile entrepreneurs and investors, Peter Thiel, for example, have left. Rising […]
View More VCs say Silicon Valley isn’t the gold mine it used to beThe Detroit Auto Show is finally moving out of the cold
The Detroit Auto Show—otherwise known as the North American International Auto Show—is moving its annual event out of the cold confines of January and into the warm embrace of June starting in 2020. The move aims to reverse an exodus of automakers that have opted to showcase their upcoming products at tech-forward shows like CES held […]
View More The Detroit Auto Show is finally moving out of the coldFord buys historic Detroit train depot to house advanced technology groups
Michigan Central Station long stood as a symbol of Detroit’s decline. Now, thanks to Ford, it could represent Detroit’s return. Today at an press conference in front of the Detroit icon, it was announced that Ford’s bid to purchase the train depot was accepted and the deal was done. The large building will be at […]
View More Ford buys historic Detroit train depot to house advanced technology groupsIsraeli autonomous technology developer Innoviz is entering China’s car market
Innoviz, a developer of light detection and ranging technologies for computer vision and autonomous vehicles, is getting a toehold in China, the world’s fastest growing auto market, through a partnership with the Chinese automotive supplier HiRain Technologies. From offices in Beijing, Chicago, Detroit, Shanghai, Tianjin HiRain serves as a global supplier to some of China’s […]
View More Israeli autonomous technology developer Innoviz is entering China’s car market