Latest News

Latest News

Thursday, October 7, 2021

DETROIT – Cruise, General Motors’ majority-owned autonomous vehicle subsidiary, is targeting a fleet of at least 1 million self-driving vehicles by 2030.

During a GM investor event Wednesday, Cruise CEO Dan Ammann showed a graphic of the division’s “exponential Cruise fleet ramp.” The graph pointed to Cruise scaling its operations 1 million or more vehicles by the end of the decade.

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Thursday, October 7, 2021

DETROIT, Oct 6 (Reuters) - General Motors Co (GM.N) Chief Executive Mary Barra told investors on Wednesday that the automaker plans to double revenue by 2030, expanding profits from combustion vehicles even as it rolls out new electric vehicles and new digitally powered services to catch up with Tesla Inc (TSLA.O).

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Thursday, September 9, 2021

STATEN ISLAND, N.Y. -- Over the next decade, New York City will create one of the country’s largest electric vehicle charging networks in an effort to reduce the city’s greenhouse gas emissions and combat climate change.

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Wednesday, September 8, 2021

Sept 8 (Reuters) - New York Governor Kathy Hochul on Wednesday signed into law a bill that sets a goal for all new passenger cars and light-duty trucks to be zero-emission models by 2035, joining the state of California in attempting to eliminate gasoline-powered vehicles.

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Wednesday, September 8, 2021

Japanese auto giant Honda will reportedly share its new EV platform designs with American auto giant General Motors, and start selling EVs in the North American market made with over 50% of the same parts as GM cars.

According to Nikkei Asia, the two companies have come to an agreement to share Honda’s e:Architecture EV platform – the basic structure upon which a vehicle’s body and key components are then built.

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Tuesday, September 7, 2021

TOKYO— Toyota Motor Corp. said it would spend $9 billion over the next decade to build factories for electric-car batteries as it gears up to sell two million electric cars annually by the end of the decade.

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Monday, September 6, 2021

The number of electric vehicle miles traveled (eVMT) has been increasing each year since the introduction of the first mass market plug-in vehicles in late 2010. Beginning in 2014, annual all-electric vehicle eVMT has exceeded that of plug-in hybrid electric vehicles in the U.S., reaching a new high of nearly 10 billion miles in 2020. Between 2015 and 2020, the eVMT of all plug-in electric vehicles more than quadrupled.

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Monday, September 6, 2021

MUNICH, Sept 6 (Reuters) - Volkswagen (VOWG_p.DE) on Monday took the wraps off the ID LIFE, a fully electric small car to be launched in 2025 at a cost of around 20,000 euros ($23,730) in a bid to make battery-powered cars affordable for the masses and younger generations.

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