The automotive industry has entered a fiercely competitive phase in the electric vehicle transition, and it’s producing an intriguing result for US car buyers: the first long-range EVs that are cheaper to buy than the average gas-powered car.At least three manufacturers — Tesla, Hyundai-Kia and General Motors — now offer EVs with more than 300 … Read more
Rami Debouk explains further how ISO 26262 and SOTIF are being applied at General Motors and what the challenges of implementing the new standards are. Source link
The Biden administration said senior officials held a meeting Wednesday with major automotive leaders including Tesla Chief Executive Elon Musk and General Motors Chief Executive Mary Barra to discuss electric vehicles and charging. The administration said in a statement “there was broad consensus that charging stations and vehicles need to be interoperable and provide a … Read more
Ontario’s premier declared a state of emergency Friday in reaction to the truck blockades in Ottawa and at the US border and said he will urgently press for new legislation cracking down on those who interfere with the free flow of goods and people. Since Monday, scores of truck drivers protesting Canada’s COVID-19 restrictions and … Read more
The U.S. auto safety regulator said Tuesday it has asked 12 major automakers for assistance as part of its probe into crashes involving Tesla vehicles striking emergency vehicles while using advanced driver assistance systems like Autopilot. The National Highway Traffic Safety Administration (NHTSA) sent letters to General Motors Co, Toyota Motor Corp , Ford Motor … Read more
President Joe Biden will on Thursday unveil a target backed by the Detroit automakers for half of all cars sold in the United States by 2030 to be zero-emission vehicles, the White House announced. The move is the latest reversal by Biden of former President Donald Trump‘s climate and environmental policies, and aims to promote … Read more
As the US economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that power a wide range of products that connect, transport, and entertain us in a world increasingly dependent on technology. The shortage has already been rippling through various markets since last summer. It has made it … Read more
As the US economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that power a wide range of products that connect, transport, and entertain us in a world increasingly dependent on technology. The shortage has already been rippling through various markets since last summer. It has made it … Read more
Tesla Inc is set to join the S&P 500 in December, a major win for Chief Executive Elon Musk that boosted the electric car maker’s shares 14 per cent on Monday in anticipation of a $51 billion (£39 billion) trade by index funds adjusting their holdings. S&P Dow Jones Indices announced that the company would … Read more
By Chris Bryant Wall Street isn’t always too fussed about whether a start-up is profitable before listing on the stock exchange. A decent track record of sales growth is usually pretty essential, though. That quaint idea has been turned on its head this year by the fad for special purpose acquisition companies. Called SPACs for … Read more