Posts Tagged ‘automotive industry’
For a CEO who insists his electric vehicle startup doesn’t want to be Tesla, Rivian founder RJ Scaringe can sound a lot like Elon Musk. Just weeks before unveiling Rivian’s first vehicles — an all-electric pickup and a seven-seater SUV — at the LA Auto Show last month, Scaringe promised an impressive new battery technology ...
Cruise Automation, the self-driving car subsidiary of GM, is getting a new CEO. The autonomous vehicle company, which was acquired by GM in 2016 and became subsidiary GM Cruise, has tapped Dan Ammann as CEO. Ammann will step down as GM’s president, a role he’s held since January 2014. Kyle Vogt, a Cruise co-founder who ...
Rivian has kept a relatively low profile since the automotive startup with Midwestern roots launched in 2009. Those days are over. CEO and founder RJ Scaringe unveiled two all-electric vehicles this week at the LA Auto Show that boast some eye-popping battery ranges as well as some noteworthy performance and capability features. Rivian kicked off ...
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 ...
Tesla, which reported its first quarterly profits in two years Wednesday, is looking to extend its earnings streak by bringing its new Model 3 to customers beyond North America. And part of that plan involves accelerating its manufacturing plans in China. Tesla saw its revenue skyrocket to $6.8 billion in the third quarter (and a $312 ...
Nio, the Chinese electric automaker aiming to compete with Tesla, reported that it delivered 3,268 of its new ES8 vehicles in the third quarter, beating its own target by 9%. The company planned to deliver between 2,900 and 3,000 ES8s in the third quarter, according to Nio CFO Louis T. Hsieh. Nio began deliveries of the ...
Google will partner with Renault -Nissan-Mitsubishi, the largest auto alliance in the world by vehicle sales, to put Android-based infotainment systems into millions of cars, the companies told Wall Street Journal. The alliance’s next-generation infotainment system and dashboard displays will use Android and launch in 2021. Drivers will be able to access Google’s maps, app ...
At TechCrunch Disrupt SF 2018, BMW today premiered its digital personal assistant for its cars, the aptly named BMW Intelligent Personal Assistant. But you won’t have to say “Hey, BMW Intelligent Personal Assistant” to wake it up. You can give it any name you want. The announcement comes only a few weeks after BMW also ...
The Russian weapons manufacturer Kalahsnikov, best known for making the AK-47 machine gun, has unveiled a fleet of electric and hybrid cars, buggies and motorcycles this week — including an electric vehicle that the company says will rival Tesla. While it’s a noble goal to take competitive aim at the world’s most famous electric vehicle ...
The United States Labor Unit claimed over the weekend that 345,000 positions were cut by employers in May 2009, which has produced an mean 9.4% redundancy rate. However, for the last six months, unemployment had grown by twice that much per month. The sum is also one-third less than the majority of economists predicted. They ...