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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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UAW President: Tesla workers are union “members of the future”

Teslarati

During his speech in Ford’s hometown of Dearborn, Michigan, Bill Ford noted that high labor costs could limit spending on developing new vehicles and investing in factories. I still believe the automobile industry is a major force for good in our country. Instead, they are the UAW’s future members.

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Ford, Chevy and Buick-GMC-Cadillac dealerships promote throughout 4 states

Baua Electric

He stated he has at all times been interested in the automobile industry, and he and Meghan Hunter have been preserve to shop for a dealership for nearly 24 years. Sturdy is proprietor of Sturdy Car Vending, a privately owned automobile promoting and advertising corporate in Birmingham, Ala. . The automobile store on Feb.

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University of Michigan Report Finds Focus on Fuel Economy Would Be Very Profitable for Detroit 3; Says Rapid, Wide-Reaching Change in Business Models Required for Turnaround

Green Car Congress

A new report released by the University of Michigan Transportation Research Institute ( UMTRI ) analyzes critical choices faced by automakers and finds that broad, deep, fast change is necessary for success in the context of the worst financial crisis in the history of the domestic automobile industry. Click to enlarge.

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GM’s Volt Program = $700m

Revenge of the Electric Car

General Motors will invest $336m in a Detroit-area assembly plant, bringing to $700m total investment in eight Michigan facilities to begin mass production of the rechargeable Chevrolet Volt electric car in late 2010. Michigan has approved $135.2m Here is the full text of the entire article, in case the link goes bad: [link].

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Exploring the adoption of EVs in the US, Europe and China; charging scenarios and infrastructure

Green Car Congress

Within the US, it examines California, Massachusetts, and Michigan—states covering a range of differences in electric power generation and power market structures. The automobile industry has said that without additional government subsidies they can only sell 600,000 electric cars by 2020 at best.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. Michigan Governor’s Gretchen Whitmer, for example, claimed that since she took office in 2019, 25,000 new auto jobs were added to the state through her leadership in leading “the future of mobility and electrification.”

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