Autos


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Chinese EV startup Nio is entering the international market - and plans to start deliveries in Norway in September

Nio CEO William Li, stood next to a Nio car. STR/AFP via Getty Images Nio said it plans to start deliveries of its electric vehicles in Norway in September. This would be the Chinese company's first international market. It said the first vehicle on offer in Norway would be the Nio ES8, a seven-seater smart SUV. See more stories on Insider's business page. Electric-vehicle startup Nio announced plans to launch sales in Norway later this year, marking its first entry into a market ...
Tags: Transportation, Europe, Elon Musk, China, Cars, Trends, Tesla, Electric Vehicles, Transport, Norway, Electric, Electric Cars, Oslo, Nordic, Li, NIO


Autonomous trucking startup Einride raises $110M ahead of expansion into US

Einride, the Swedish startup known for its unusual-looking electric and autonomous pods that are designed to carry freight, has raised $110 million to help fund its expansion in Europe and into the United States. The Series B round, which far exceeds its previous raises of $10 million in 2020 and $25 million in 2019, included new investors Temasek, Soros Fund Management LLC, Northzone and Maersk Growth. The company said Thursday that existing investors EQT Ventures, Plum Alley, Norrsken VC, Eric...
Tags: TC, Transportation, Europe, New York, Sweden, US, Tech, Automotive, United States, Electric Vehicles, Autonomous Vehicles, Austin Texas, Electrolux, Einride, Oatly Coca Cola Lidl, Temasek Soros Fund Management LLC Northzone


GM CEO Mary Barra wants to sell personal autonomous vehicles using Cruise’s self-driving tech by 2030

GM CEO Mary Barra sees the automaker selling personal autonomous vehicles by the end of the decade by leveraging technology from its self-driving subsidiary Cruise, according to comments made during the company’s Wednesday earnings call. Barra wasn’t providing any specifics just yet, but instead laid out a vision for the automaker’s future and how its stake in Cruise and its own internal effort to further develop its advanced driver assistance system Super Cruise might evolve over the next nine ...
Tags: TC, Transportation, San Francisco, Tech, Tesla, Walmart, Cruise, Automotive, Electric Vehicles, Mary Barra, Dubai, Gm, Autonomous Vehicles, Cadillac, Barra, Self Driving Vehicles


GM’s Pam Fletcher is coming to TC Sessions: Mobility 2021 to talk about how to build a startup

GM might be best known for the millions of Buick, Cadillac, Chevrolet and GMC-branded vehicles it designs, produces, finances and sells each year. But it also has a burgeoning incubator, where a team of 600 employees are working to develop 20 new businesses with a total addressable market of about $1.3 trillion. A few of the first startup fruits have already come to bear, including OnStar Guardian, OnStar Insurance, GM Defense and most recently, BrightDrop — the commercial electric vehicle deliv...
Tags: TC, Transportation, Linkedin, Tech, Cruise, Automotive, Electric Vehicles, Mary Barra, Gm, Reid Hoffman, Silicon Valley, Mobility, Autonomous Vehicles, Fast Company, Nasdaq, Onstar


California PHEV Owners Return to Gas Power

Electric vehicles are one way to carbon neutrality. Yet 20 percent of California PHEV owners have gone back to gas-powered vehicles. Published in Nature Energy on April 26th by the Institute of Transportation Studies at the University of California, Davis, the study found that PHEV buyers in California were abandoning the technology at a rate of […] The post California PHEV Owners Return to Gas Power appeared first on The Truth About Cars.
Tags: Technology, Jobs, Media, Congress, California, Marketing, Global, Sales, Maintenance, Bailout, Green, Rants, Industry, Infrastructure, Electric Vehicles, Autos


Lucid Motors taps Waymo, Intel veterans ahead of public listing

Lucid Motors is beefing up its executive and technical leadership team, hiring people from Waymo, Intel and Xperi as it prepares to become a publicly listed company. The automaker said Wednesday that Sherry House, who formerly worked at Waymo, will be its new chief financial officer. House was at Waymo for four years, most recently as its as treasurer and head of investor relations. Prior to Waymo, she was vice president of corporate development at Visteon Corporation and managing director of te...
Tags: Apple, TC, Transportation, Europe, Saudi Arabia, China, Tech, Tesla, Intel, Information Technology, Automotive, Ferrari, Electric Vehicles, House, Jaguar, Air


Williams Engineering and Italdesign Launching Joint EV Platform

Williams Advanced Engineering is teaming up with Italdesign to establish another electric vehicle platform targeting the wealthy — or an “upper-premium EV production solution,” according to those responsible for its development. Dubbed the EVX modular electric platform, the architecture uses large structural batteries and an abundance of recycled composites mixed in with lightweight aluminum. They should also be […] The post Williams Engineering and Italdesign Launching Joint EV Platform appeare...
Tags: Development, Williams, Electric Vehicles, Autos, Formula 1, EVs, Platforms, Skateboard, Williams Advanced Engineering, ITALDESIGN, Product Planning, WAE, Joint Platforms, Williams Engineering


Investors cheer as Lyft’s Q1 revenue didn’t fall as much as expected

Investors gave Lyft’s value a small bump Tuesday after the American ride-hailing company reported results that weren’t quite as bad as the company, and Wall Street had expected. Shares of the Uber competitor rose as much as 4.5% in after-hours trading following the disclosure of its financial performance from the first three months of the year. As of the time of writing those gains have fallen to a smaller 2.5% gain. Turning to its results, Lyft’s revenue fell 36% to $609 million in the first qu...
Tags: Transportation, Lyft, Uber, London, Tech, Automotive, Electric Vehicles, Earnings, Toyota, Rideshare, Ride Hailing, EBITDA, U S Munich, Woven Planet Holdings, Palo Alto California Lyft, Screenshot Lyft More


Tesla taps tiny startup’s tech to build cheaper, cleaner batteries

When Elon Musk stood on stage at Tesla’s Battery Day in September and promised to cut lithium-ion battery prices in half, he claimed some of the savings would come from reinventing the dirty and complex process of making their nickel metal cathodes. “It’s insanely complicated, like digging a ditch, filling it in and digging the ditch again,” he said at the event. So we looked at the entire value chain and said how can we make this as simple as possible?” The simplest route to appears to involv...
Tags: Startups, Transportation, Elon Musk, Toronto, Tesla, Automotive, Electric Vehicles, Batteries, Panasonic, North America, Lithium Ion Batteries, Musk, Shenzen, Fremont California, Dalhousie University, LG Chem


Ermenegildo Zegna Teams with Stellantis

Today, the Ermenegildo Zegna Group announced its affiliation with Stellantis. By 2025, the Zegna Group’s entire fleet of 200 will go green. A new green-car policy has gone into effect at the company, well known for its pricy clothing and accessories. “The quality of our products must go hand in hand with our respect for nature. […] The post Ermenegildo Zegna Teams with Stellantis appeared first on The Truth About Cars.
Tags: Europe, Design, Technology, Media, Advertising, Global, Sales, Sustainability, Green, Luxury, Electric Vehicles, Italy, Autos, Carbon Footprint, Hybrid, Branding


The Station: Lyft sells its self-driving unit, Uber makes a big product push and Revel jumps into ride-hailing

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. We took a week off and now we’re back. Whoop. Let’s catch up on all things transportation. My email inbox is always open. Email me at [email protected]
Tags: TC, Lyft, Uber, Europe, Elon Musk, UK, New York, London, Washington, Senate, Ipo, New York City, US, America, Los Angeles, Linkedin


Stellantis to Test Citroën Ami on U.S. Customers?

Stellantis appears interested in testing America’s appetite for extremely small and highly European EVs. The formerly PSA-owned rental company Free2Move recently posted the silhouette of the Citroën Ami accompanied by text hinting that the vehicle would be imported for use in Washington, D.C. Launched in 1961, the Ami (French for “friend”) started life as a petite four-door, […] The post Stellantis to Test Citroën Ami on U.S. Customers? appeared first on The Truth About Cars.
Tags: Europe, Washington, France, America, Electric Vehicles, Psa, Autos, Citroën, AMI, News Blog, French cars, Free2Move, Citroen Ami, Stellantis, Ami 6, Ami EV


Ford dives 10% after warning 2nd-quarter production will be halved by a chip shortage

Workers build Ford F-150 trucks. Associated Press Ford shares fell as much as 10% on Thursday as the company expects a 50% hit to second-quarter production. The company said a global shortage of semiconductors will be a potential drag on its output. Ford said a fire at a Japanese chip supplier worsened the shortage situation. See more stories on Insider's business page. Ford shares tumbled to a two-month low Thursday after the vehicle maker said a worldwide shortage in semiconductor...
Tags: Apple, Japan, Cars, Trends, Markets, Vehicles, Ford, Electric Vehicles, Tim Cook, F-150, Trucks, F, Ev, Tesla CEO Elon Musk, Associated Press Ford, Carla Mozee


Faraday Future Amazingly Still Active

Faraday Future hasn’t been making many headlines of late. But it remains an active business entity, surprisingly enough. On Thursday, it announced it had selected Velodyne Lidar Inc. as the exclusive supplier for the sensing/mapping hardware that’s going into its flagship FF91 EV. Faraday’s missteps have been so frequent and gargantuan, that it would be impossible […] The post Faraday Future Amazingly Still Active appeared first on The Truth About Cars.
Tags: FF, Industry, Electric Vehicles, Autos, EVs, Partnerships, Faraday Future, Industry News, News Blog, EV startups, Velodyne Lidar Inc, FF91, Blank Check, Tech Firms


Elon Musk Takes Center Stage on Saturday Night Live

Billionaire Elon Musk will host “Saturday Night Live'” on May 8th, the comedy series announced last week. Known for his controversial, biting remarks, the Tesla and SpaceX CEO apparently did not win over any fans among the cast. Cast members were not happy with Musk’s invitation. Social media comments indicated their displeasure. The self-proclaimed techno […] The post Elon Musk Takes Center Stage on Saturday Night Live appeared first on The Truth About Cars.
Tags: Spacex, Elon Musk, Technology, Media, Safety, Tesla, Quality, Green, Electric Vehicles, Autos, Autonomous Vehicles, Saturday Night Live, Liability, Sales And Marketing, Hot Takes, Musk


GM partners with 7 charging networks ahead of electric vehicle push

GM revealed Wednesday a four-part plan meant to handle all the steps of charging an electric vehicle, including finding a public charger and paying for the power, as the automaker seeks ways to attract customers to the 30 EVs it plans to launch by 2025. The so-called Ultium Charge 360 plan — named after the underlying electric vehicle platform and batteries of its upcoming EVs — aims to handle the access, payment and customer service components of charging an electric vehicle at home and on the ...
Tags: Florida, Tech, General Motors, Canada, Automotive, Electric Vehicles, Gm, Lithium Ion Batteries, Gmc, Hester, Washington California, Chevrolet Cadillac, Chargepoint, Electrify America, EVgo, Travis Hester


Ford Spending $185 Million on New Battery R&D Center

On Tuesday, Ford Motor Co. said it would be putting $185 million toward the construction of a research and development site focused on electric vehicle battery development in southeast Michigan. The facility will be called Ford Ion Park and employ roughly 150 full-time employees that will be focusing on small-scale projects that it hopes might lead […] The post Ford Spending $185 Million on New Battery R&D Center appeared first on The Truth About Cars.
Tags: Investments, Research and development, Ford, Electric Vehicles, Autos, Michigan, R&D, EVs, Ford Motor Co, News Blog, Ford Ion Park


2022 Mazda MX-30 EV: Too Little Too Late or Just Right? We Examine The Goods

The Mazda MX-30 made its initial debut at the 2019 Tokyo Motor Show. It’s a nice-looking crossover, and it has the genes of Mazda’s RX-8 rotary-powered sports car from the early 2000s. Have you seen those center-opening double rear doors, or what Mazda refers to as “freestyle doors?” Well, they are back with a vengeance for the MX-30. Practicality issues aside, every new EV needs a party piece to grab attention. If the Tesla Model X can have falcon doors, the Mazda MX-30 can have suicide doo...
Tags: California, Cars, America, Research, Electric Vehicles, Autos, Tokyo, Volkswagen, Hyundai, Nissan Leaf, Mazda, Mazda North American Operations, HVAC, Jeff Guyton, Guyton, Mazda North American Operations Mazda


Porsche makes its case for an all-electric Taycan wagon

Porsche has always gone its own way when it comes to creating new vehicles. It is, after all, the company that continues to stick to the wacky idea that putting the weight of an engine in the rear of a sports car is a great idea. (It is!) So, bucking the crossover trend to create an all-electric, soft-roading wagon with just 20 more millimeters of clearance than their popular electric Taycan sedan isn’t out of character for the brand. Instead, it’s another example of how Porsche approaches elect...
Tags: Transportation, Tech, Automotive, United States, Glendale, Porsche, Electric Vehicles, Epa, Volkswagen, Kim, Glendale California, Los Angeles Basin, Big Bear, Cross Turismo, Taycan, Porsche Taycan


Lotus Says Emira Will Be Its Last Gasoline Powered Model

Lotus Cars has announced that the Emira sports car will be its next and final internal combustion model as it prepares itself to become an exclusively electric brand. The historically British manufacturer says its Chinese owners, the Zhejiang Geely Holding Group, are preparing a cash injection of $2.8 billion to swap to EVs and expand […] The post Lotus Says Emira Will Be Its Last Gasoline Powered Model appeared first on The Truth About Cars.
Tags: Investments, Electric Vehicles, Autos, Lotus, EVs, Geely, News Blog, Lotus Cars, Battery Electric Vehicles, Zhejiang Geely Holding Group, Emira


Ford to open new lab to develop next-gen lithium-ion and solid-state batteries

Ford Motor Company will open a $185 million R&D battery lab to develop and manufacture battery cells and batteries, a first step toward the automaker possibly making battery cells in-house. The facility comes as yet another signal to consumers and other automakers that the auto giant is no longer hedging its bets on the transition to battery electric vehicles. Company executives declined to provide a timeline on when Ford might scale its battery manufacturing, but it is clear that the company in...
Tags: TC, Asia, South Korea, Tech, Automotive, Ford, Electric Vehicles, Batteries, Michigan, GreenTech, Ford Motor Company, Rossville, Dearborn, Tang, Executives, LG Chem


Honda Solidifies Its Existing Businesses

Honda Motor Company President Toshihiro Mibe’s first press conference, held April 23rd, was where he committed to solidifying Honda’s existing businesses. Honda is working to achieve carbon neutrality for all products and activities by 2050. Zero environmental impact not only for its products but their entire lifecycle. Areas of concentration include carbon neutrality, clean energy, […] The post Honda Solidifies Its Existing Businesses appeared first on The Truth About Cars.
Tags: Japan, Technology, Media, Safety, Government, Global, Foreign Affairs, Green, Infrastructure, Motorcycles, Electric Vehicles, Autos, Clean Energy, Hydrogen, Honda, Electric Motorcycles


Tesla sees bitcoin as important financial tool to access cash quickly

Tesla’s relationship with bitcoin is not a dalliance, according to the comments made by the company’s CFO and dubbed “master of coin” Zach Kirkhorn during an earnings call Monday. Instead, the company believes in the longevity of bitcoin, despite its volatility. Tesla invested $1.5  billion in bitcoin this quarter and then trimmed its position by 10%, Kirkhorn said during the company quarterly earnings call. That sale made a $101 million  “positive impact” to the company’s profitability in ...
Tags: Startups, TC, Transportation, Berlin, Tesla, Austin, Bitcoin, Automotive, Electric Vehicles, Federal Reserve, Cryptocurrencies, Fed, Elon, Bank for International Settlements, Jay Powell, Zach Kirkhorn


QOTD: Change the World’s Climate by 2030 or Just Talk About It?

The world’s climate has been centerstage the last two days. President Biden and other world leaders have vowed to reduce global warming by making drastic changes. Will they follow through? At the 2015 Paris climate accord, then-President Obama set greenhouse gas reduction at half what Biden has proposed. Former President Trump, Obama’s successor, did little […] The post QOTD: Change the World’s Climate by 2030 or Just Talk About It? appeared first on The Truth About Cars.
Tags: Asia, Europe, Japan, UK, Technology, Obama, Congress, Climate Change, Government, China, Germany, Global, Eu, Green, Infrastructure, Canada


Bosch sees a place for renewable fuels, challenging proposed European Union engine ban

Bosch executives on Thursday criticized proposed EU regulations that would ban the internal combustion engine by 2025, saying that lawmakers “shy away” from discussing the consequences of such a ban on employment. Although the company reported it is creating jobs through its new businesses, particularly its fuel cell business, and said it was filling more than 90% of these positions internally, it also said an all- or mostly-electric transportation revolution would likely affect jobs. As a case ...
Tags: TC, Transportation, Europe, White House, Tech, Eu, European Union, Regulation, Automotive, Electric Vehicles, Bosch, Denner, Taiwan Semiconductor Manufacturing Company, Volkmar Denner, Renewable Fuels, Synthetic Fuels


This wild VW Beetle knockoff is an EV called the Ora Punk Cat

Great Wall Motors in China unveiled the Ora Punk Cat, an electric vehicle that bears more than a passing resemblance to the VW Beetle. I doubt it will make it to the U.S. but if it does I will buy one without test-driving it or reading the specs. — Read the rest
Tags: Post, News, China, Cars, Vw, Electric Vehicles, Retrofuturism, Great Wall Motors


2023 Cadillac Lyriq is Almost Here

Today the 2023 Cadillac Lyriq made its production debut. If this is the highlight of a century of innovation, what’s Cadillac been doing the rest of the time? Cadillac’s luxury electric SUV is starting a new era ahead of schedule. You can place your order in September for a 2022 first-half delivery. “The 2023 Cadillac […] The post 2023 Cadillac Lyriq is Almost Here appeared first on The Truth About Cars.
Tags: Electric Vehicle, Design, Technology, Marketing, Global, Sales, Green, Production, Luxury, Electric Vehicles, Gm, Emerging Markets, Autos, Crossovers, Autonomous Vehicles, Export


A Dozen More States Virtue Signaling Over Vehicle Bans

Having noticed that Washington got a bit of publicity for vowing to ban all vehicles reliant on internal combustion after 2030, a dozen other American states decided it would be a good idea to reaffirm their own religious-like commitment to the environment by saying they too will be restricting your choice of automobiles by 2035. […] The post A Dozen More States Virtue Signaling Over Vehicle Bans appeared first on The Truth About Cars.
Tags: Washington, Government, White House, America, Green, United States, Electric Vehicles, Editorials, Autos, Environmentalism, Biden, EVs, Industry News, Bans, UAW, News Blog


Audi A6 e-tron concept: The Magnificent Return of “Vorsprung Durch Technik”

The Audi A6 e-tron concept made its debut at Auto Shanghai 2021. I’m a massive sucker for Audi concept vehicles. The brand has a habit of presenting concept cars that are 90 to 95 percent ready for production. And upon laying eyes on Audi’s magnificent-looking A6 e-tron concept, only three words entered my mind: Vorsprung Durch Technik. Setting The Stage The Vorsprung Durch Technik tagline is responsible for the high-tech persona of modern Audi vehicles. In English, it means Advancement ...
Tags: Germany, Porsche, Electric Vehicles, Shanghai, Autos, Epa, Volkswagen, Audi, Benz, Audi Group, Sportback, Porsche Audi, Car News, Alvin Reyes, Lancer GSR, Premium Platform Electric


2023 Vantas VX SUV and T-Go Coming to the U.S.

The Vantas VX SUV will go on sale in the U.S. in late 2022. HAAH Automotive Holdings and Sicar announced yesterday that they will import Vantas and T-Go vehicles. This is a prelude to HAAH and Shanghai Sicar Automotive Technology manufacturing vehicles stateside. The COVID-19 pandemic delayed their U.S. manufacturing startup. A letter of intent […] The post 2023 Vantas VX SUV and T-Go Coming to the U.S. appeared first on The Truth About Cars.
Tags: Technology, Jobs, China, Global, Industry, Electric Vehicles, Autos, Behind The Scenes, Trucks, Sales And Marketing, Suppliers, New Cars, SUVs, Branding, Joint Venture, Consolidation



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