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SoftBank to invest $2.25B in GM Cruise; GM to add $1.1B; driving large-scale AV deployment

Green Car Congress

We are very impressed by the advances made by the Cruise and GM teams, and are thrilled to help them lead a historic transformation of the automobile industry. The GM Cruise approach of a fully integrated hardware and software stack gives it a unique competitive advantage. Photo by Steve Fecht for General Motors).

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NRC report finds Federal analysis to set LD CAFE and GHG standards generally of high quality; some technologies and issues should be re-examined

Green Car Congress

Beginning in 2016, NHTSA and EPA will coordinate a mid-term review that must be finalized by April 2018. Under the Energy Independence and Security Act of 2007, NHTSA does not have the statutory authority for setting CAFE standards for more than five years at a time—i.e., only the MY 2017-2021 CAFE standards are final.

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