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At CES, legacy automakers scramble to keep up in AI arms race – ET Auto

Baua Electric

Not so long ago, automakers boasted about horsepower and towing capabilities in their cars and pickups, but in the fast-changing world of technology that now dominates the auto industry, software-driven enhancements are prominent in consumers’ minds. General Motors on Dec. For automakers, that has not been the norm so far.

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Rivian IPO: What you need to know

Teslarati

Such a valuation is ambitious , as it would make Rivian’s market cap just a bit lower than veterans such as General Motors ($84.82 billion) and Ford Motor Company ($79.65 It would also overtake longtime players in the auto segment, such as Japanese carmakers Honda Motor Co., The Finances So Far.

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USABC awards Cobasys $8.4M for the development of high-energy density Li-ion cells and packs for EVs

Green Car Congress

USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR), the collaborative automotive technology organization of Chrysler Group LLC, Ford Motor Company and General Motors Company, whose mission is to further strengthen the technology base of the domestic auto industry through cooperative research and development.

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GM Working with Communities to Develop Roadmap For Plug-in Infrastructure

Green Car Congress

General Motors is working with communities such as San Francisco to develop a plan of action to establish the supporting technical and policy infrastructure required for broad commercialization of plug-in electric vehicles such as the upcoming Chevrolet Volt. GM described its approach at the Washington Auto Show. Earlier post.).

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DOE Closes $465M Loan to Tesla Motors

Green Car Congress

The US Department of Energy has closed its $465 million loan with Tesla Motors, Inc. The Palo Alto facility will assemble electric vehicle battery packs, electric motors, and related electric vehicle control equipment, both for Tesla’s own electric vehicles and for sale to other automobile manufacturers. Earlier post.).

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A 100 m.p.g. truck? A Bright IDEA | Freep.com | Detroit Free Press

Tony Karrer Delicious EVdriven

Three years ago, the magazine Popular Mechanics even wrote an article prodding the auto industry for not building the 100 m.p.g. Now, of course, Bright Automotive is ready to unveil the IDEA, with the expectation it will have 50,000 ready for sale in 2013. based Tesla Motors Inc. Both Ford Motor Co. Yep, a truck.

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What Part Do EVs Play in the Federal Net-Zero Emissions Target?

Clean Fleet Report

Are electric vehicles (EVs) the answer to the automobile industry’s role? EVs are becoming more commonplace–setting a record for sales in 2023 What Is the Federal Net-Zero Emissions Target? Research shows that gasoline-powered cars and trucks accounted for over 80% of vehicle sales in the U.S.