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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. Photo by Steve Fecht for General Motors). equity stake in GM Cruise and will afford GM increased flexibility with respect to capital allocation.

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., An electric motor produces torque that propels the car faster than conventional gas-powered vehicles. Tesla’s Model 3 paved the way to powerful, affordable EVs. Europe and China.

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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

Green Car Congress

To counter this trend triggered by China’s rapid motorization, the Chinese government is adopting a broad range of policies, including improvements in the fuel economy of new vehicles and the promotion of alternative-fuel vehicles, EIA notes. Despite incentives, electric vehicles sales to date have been minimal.

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How 3D Printing Can Disrupt the EV Sector

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The advancement of sand 3D printing technologies to improve the capabilities of the old casting industry may become more widespread as it can handle high throughput manufacturing as required by the automobile industry. Electric vehicles are propelled by electric motors rather than engines. 2 Configuration of the Chassis.

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Renault presents the 235 mpg EOLAB prototype; plug-in “Z.E. Hybrid”; targeting production

Green Car Congress

The chief feature of the concept lies in the clutch casing which houses a permanent magnet electric motor (axial flux discoid motor in the case of the prototype). kWh battery, the motor is sufficient to power the light weight car under electrical power. Hybrid system. Click to enlarge. Fed by a 6.7 —Laurent Taupin.

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The World’s Most Popular EVs Aren’t Cars, Trucks, or Motorcycles

Cars That Think

They're a way to potentially free up precious street space, provide alternatives to automobiles and reduce energy consumption and harmful emissions. Exact figures on industry sales are hard to pin down; yet The New York Times quoted experts saying Americans bought roughly 500,000 e-bikes in 2020, compared to about 210,000 plug-in automobiles.

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Story of TESLA Motors: Beginning, Fight, Survival, and Success

Get Electric Vehicle

Would it be wrong if I said that the history of the automobile industry has been divided into two parts, before Tesla and after Tesla , some might argue that I understand? In this article, let’s discuss the thrilling and dramatic story of Tesla Motors and how did they survive through the challenging situations.