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Mobility services infrastructure company Via closes Series E round; valued at $2.25B

Green Car Congress

Via , a company that provides digital infrastructure to power public mobility in cities around the world ( earlier post ), has raised a Series E financing led by EXOR. The financing values the company at $2.25 billion and will enable Via to advance its vision of efficient, accessible, and equitable public mobility.

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Why Did Trump Propose a 100-Percent Tariff on Mexican Auto Imports?

The Truth About Cars

Earlier this week, Donald Trump suggested that he would impose a 100 percent tariff on select automobiles manufactured in Mexico — sending the industry into a minor tizzy. They’re destroying — you know, Mexico has taken over a period of 30 years 34 percent of the automobile manufacturing in our country. Think of it. It went to Mexico.

Auto 90
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UAW president blasts U.S. mortgage to Ford three way partnership battery tasks

Baua Electric

Staff on the Warren, Ohio, JV Ultium Cells plant get started at $16.50 an day emerging to $20 an day later seven years time union employees at a close-by Ohio GM meeting plant that closed in 2019 made $32 an day or extra. billion to backup finance development of Ultium’s brandnew lithium-ion battery crops, together with Warren.

Ford 52
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Reynolds buys startup to spice up DMS used-car acquisition generation

Baua Electric

and introduced in 2020, stated its generation can backup sellers and automobile corporations spice up potency and automate boxes together with purchasing, promoting and automobile stock control. Walsh informed Automobile Information this past that the corporate would center of attention on acquisitions.

Buy 52
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Lordstown recordsdata for chapter, sues Foxconn

Baua Electric

Lordstown, named later the Ohio the town the place it’s based totally, filed for Bankruptcy 11 coverage in Delaware and concurrently took felony motion towards Foxconn. Lordstown contends Foxconn is balking at buying spare stocks of its retain as promised and misled the EV maker about participating on automobile construction plans.

Ohio 52
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In 1961, the First Robot Arm Punched In

Cars That Think

the parent company of Consolidated Controls), to finance the development of Devol’s invention. He visited 15 automobile factories and 20 other manufacturers, trying to assess the industrial needs for a robotic arm. In 1967, GM installed the first two spot-welding robots at its Norwood, Ohio, plant, also without much controversy.

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Announcing a Benchmark to Improve AI Safety

Cars That Think

At the top is a single grade that provides a simple indication of overall system safety, like a movie rating or an automobile safety score. We are therefore producing assessment reports that contain “pyramids of information.” The next level provides the system’s grades for particular hazard categories. Protik Mukhopadhyay, Protecto.ai