GM announced Friday it will invest $300 million into a Michigan factory to produce a new Chevrolet electric vehicle, reversing a decision to build the EV outside of the United States. The announcement comes on the heels of recent job cuts and plant closures by GM, moves that have complicated bargaining with union workers over […]
View More GM investing $300 million to build a new electric Chevy in the U.S.Category: General Motors
Trump’s views about ‘crazy’ self-driving cars are at odds with his DOT
President Donald Trump is an automated-vehicle skeptic, a point of view that lies in stark contrast with agencies within his own administration, including the U.S. Department of Transportation . According to a recent scoop by Axios, Trump has privately said he thinks the autonomous-vehicle revolution is “crazy.” Trump’s point of view isn’t exactly surprising. His […]
View More Trump’s views about ‘crazy’ self-driving cars are at odds with his DOTLyft’s imminent IPO could value the company at $23B
Ridehailing firm Lyft will reportedly make its Nasdaq debut as early as next week.
View More Lyft’s imminent IPO could value the company at $23BUber said to be raising $1B at a $10B valuation for its self-driving car unit
The SoftBank Vision Fund is in talks to invest directly in Uber’s autonomous vehicle business, reports The Wall Street Journal.
View More Uber said to be raising $1B at a $10B valuation for its self-driving car unitReport: Google’s Waymo seeks outside investment and a sky-high valuation
Waymo would raise capital at a valuation “at least several times that of Cruise.”
View More Report: Google’s Waymo seeks outside investment and a sky-high valuationGM Cruise snags Dropbox HR head to hire 1,000 engineers by the end of the year
GM Cruise plans to hire 1,000 more engineers over the next nine months, TechCrunch has learned. It’s an aggressive move by the autonomous vehicle technology company to double its size as it pushes to deploy a robotaxi service by the end of the year. Arden Hoffman, who helped scale Dropbox, will leave the file-sharing and […]
View More GM Cruise snags Dropbox HR head to hire 1,000 engineers by the end of the yearHow to decarbonize America — and the world
Ramez Naam Contributor More posts by this contributor The Ultimate Interface Is Your Brain The Green New Deal has burst onto the American stage, spurring more conversation about – and aspiration for – ambitious climate policy than at any point in at least a decade. I’m glad to see it. Suddenly, climate is on the […]
View More How to decarbonize America — and the worldEverything you need to know about GM’s new electric bikes
General Motors announced last year it was getting into the electric bike business. But besides a crowdsourcing name competition and a few teasers, details were scant. Now, GM has given this new brand a name — ARĪV — as well as names for its two electric bikes, and some information about its go-to-market plan. The name […]
View More Everything you need to know about GM’s new electric bikesCadillac’s first electric vehicle will be a crossover
Cadillac revealed Sunday what will likely be the first electric vehicle in the luxury brand’s portfolio. And surprise, it’s a crossover. The images of the full-size crossover SUV, which was unveiled during a debut party for the 2020 Cadillac XT6 in Detroit, kicks off a transformation of GM’s luxury brand. On Friday, GM announced plans […]
View More Cadillac’s first electric vehicle will be a crossoverGM is transforming Cadillac into an electric brand
General Motors is turning Cadillac into its lead electric vehicle brand in a bid to compete against Tesla as well as a host of other automakers bringing EVs onto the market. Plans are already underway to introduce the first model from the company’s new battery electric vehicle architecture, GM said Friday during an investor meeting. […]
View More GM is transforming Cadillac into an electric brandGM is smartening up its Bolt EV smartphone app
GM is sprucing up its smartphone app for owners of the all-electric Chevrolet Bolt through a collaboration with charging network companies EVgo, ChargePoint and Greenlots. The idea is to take aggregate dynamic data from each of the EV charging networks so owners can have a “more seamless charging experience.” In short: GM wants to make […]
View More GM is smartening up its Bolt EV smartphone appTesla CEO Elon Musk’s year in one chart
Three point eight. From the first day of trading in 2018 to the last, that was the final percentage difference in Tesla’s share price. Taken on its own, the number is a modest and positive gain — and far more fruitful than automakers Ford, GM and Fiat Chrysler. It’s a number that suggests a consistent year […]
View More Tesla CEO Elon Musk’s year in one chart