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Posts Tagged ‘General Motors’

Workhorse gets $25 million needed to finish electric delivery van

Workhorse Group, the electric vehicle company that grabbed headlines last month over a proposed deal to buy General Motor’s Lordstown, Ohio factory, has raised $25 million from a group of unnamed investors. The money will not go towards the factory. Instead, it will be used for the more pressing matter of keeping the company running. ...

Automakers have a choice: Become data companies or become irrelevant

Cars are here to stay, whether they have drivers or not. Automakers can ensure their seat at the table by implementing strategies better suited for the digital age. ...

Cruise says its AV successfully completed 1,400 unprotected left-hand turns

Unprotected left-hand turns are tough for robots and humans alike. The compounding variables of crossing in front of oncoming traffic make it one of the toughest maneuvers in driving. It’s one of the toughest challenges for self-driving platforms — even more so as drivers often look for non-verbal cues from other drivers to when it’s ...

Demo your tech onstage at TC Sessions: Mobility 2019

Moving anything or anyone from point A to point B will never be the same, thanks to the rapid evolution taking place in mobility technology. And if you’re ready to demo your mobile-focused early-stage startup tech to this community’s top influencers, there’s no better place to do it than onstage at TC Sessions: Mobility 2019. ...

GM in talks to sell shuttered Lordstown factory to Workhorse for EV pickups

General Motors is in talks to sell its Lordstown vehicle factory in Ohio to Workhorse Group, a battery-electric transportation technology company, to produce EV pickup trucks. It’s a development that could produce a positive outcome for Workhorse, GM and the laid-off workers at the Lordstown factory that stopped producing the automaker’s Chevrolet Cruze in March. ...

GM Reportedly Won’t Invest In Electric Pickup Truck Startup Rivian

04.12.2019 · Posted in Cars Articles, Other Vehicles Articles

General Motors would have joined Amazon in an equity stake for the Michigan-based Rivian. A proposed tie-up between the largest U.S.-based automaker and a fledgling company trying to make an electric pickup truck may be doomed, based on a new report from Bloomberg. The publication reported Friday that General Motors and Rivian have ended discussions ...

Automotive Supplier Purchases GM’s Plant In South Korea To Make EVs

It turns out that shuttered plants are handy for EV production About a year ago, General Motors announced the closure of its Gunsan plant in South Korea (one of four), which was running at just 20% of production capacity. The facility is one of many, which were envisioned for closure around the world, including several ...

Video: Chevy Bolt Loses 50% Of Federal EV Tax Credit: Now What?

03.31.2019 · Posted in Cars Articles, Other Vehicles Articles

What does the future hold for the Bolt? Now that General Motors has begun the first 6-months of the Federal Tax credit phase-out period, Bolt EV buyers will only qualify for up to $3,750, instead of the full $7,500.00. Then, on October 1st, the maximum credit will be halved again to $1,875 for another 6 ...

GM investing $300 million to build a new electric Chevy in the U.S.

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 ...

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 ...