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Thomson Reuters report finds established auto industry companies, not Silicon Valley, leading development of autonomous driving tech

Green Car Congress

According to the report— 2016 State of Self-Driving Automotive Innovation —there were more than 22,000 new inventions related to self-driving automobiles between January 2010 and October 2015, with some clear leaders already emerging in the space. To the contrary, automotive bellwethers are the ones in the driver’s seat.

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GM Shows Picture of New Chevrolet Agile for Mercosur Market

Green Car Congress

The 2010 Agile. The Agile is the first model of the Viva family; Project Viva represents a US$400 million investment by GM un Brazil and Argentina. GM began doing business in Brazil in 1925. GM was the first company in the Brazilian auto industry to provide 100% of its spark-ignited vehicles as flex-fuel.

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GM’s China JVs investing $12B between 2014-2017 to expand; GM outlines China market trends

Green Car Congress

In conjunction with the start of Auto China 2014 in Beijing, GM China President Matt Tsien announced that GM’s China joint ventures will make capital expenditures of about $12 billion between 2014 and 2017. That investment will help GM step up its pace by funding facility and capacity expansion and new product programs.

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GM CEO outlines highlights of fuel economy plan through MY2016: lightweighting; more efficient gasoline and clean diesel engines, electrification

Green Car Congress

Within his talk about the need for a US energy policy at the IHS CERAWeek 2013 energy conference in Houston, GM Chairman and CEO Dan Akerson outlined some highlights of the company’s fuel economy plan through the 2016 model year. GM, said Akerson, is doing a much better job optimizing mass efficiency. Clean diesel. Earlier post.).

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Tesla got a penalty when it paid back its $465 million DoE loan nine years early

Teslarati

We learned our lesson with $465M DoE loan received in 2010/2011 – onerous terms exceed value of money received. US President Biden pats GM CEO’s back: “You electrified the entire auto industry. This was quite a surprise to many since the company was poised to receive subsidies worth about $1.2

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GM: Putting 1M Plug-ins on the Road Will Require a Plug-In Ecosystem

Green Car Congress

Those wishing to participate will be able to tie into the multi-site webchat from Green Car Congress tomorrow, as well as directly on GM’s FastLane Blog , the EV World site, or the GM-Volt site. GM is focused on the first two pillars: leading plug-in technology vehicles and the enabling technologies. Tony Posawatz. Source: EPRI.

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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

As required by the loan agreements signed in December 2008, GM and Chrysler submitted their updated restructuring plans showing a pathway to achieve financial viability to Congress on Tuesday. The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6

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