Month: March 2023

Private equity investors plowed at least $647.5 million into automotive-related startups in February. Of that, almost 71 percent, or $457.5 million, went to companies working on battery technology, one of the safer bets in the electric vehicle space thanks to the federal government’s industrial policy and incentive programs. While automakers invest billions on EV development
0 Comments
Tesla’s recently announced fourth-generation (V4) Supercharging stalls were spotted in the Netherlands, where the first units are being installed in Harderwijk. The company revealed during the 2023 Investor Day that installations of the V4 Superchargers began in Europe and that they will be equipped (among other improvements) with longer charging cables to support non-Tesla electric
0 Comments
5:59 PM ET Associated Press ST. PETERSBURG, Fla. — Andretti Autosport has insisted for months that it was doing the behind-the-scenes work to recover from last year’s brutally disappointing IndyCar season. The team won only two races among its four drivers, former Formula One star Romain Grosjean was a bust in his first year with
0 Comments
Electric vehicle battery startup Our Next Energy will supply its new energy storage products to a $500 million Berkshire Hathaway Energy solar-powered manufacturing hub in West Virginia. It will also open a factory to build the systems at the industrial complex. BHE Renewables selected the Novi, Mich., battery company to help supply power to the
0 Comments
Ford Motor Co. said it is creating a wholly owned subsidiary named Latitude AI to research and develop automated driving technologies. Latitude’s formation underscores the company’s focus on automated technologies that support human drivers in personally owned vehicles. But the company has its roots in self-driving technology: Its 550-person staff will largely be comprised of
0 Comments
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023. Rebecca Cook | Reuters
0 Comments
Volkswagen Group will build its Scout Motors assembly plant in South Carolina. The plant will produce electric-powered pickups and SUVs. It will be Volkswagen’s second U.S. assembly factory along with its existing operations in Chattanooga. Production is expected to begin in 2026. More than 200,000 vehicles could be produced annually at the facility Scout Motors
0 Comments
Police Pursuit Ends In Building Collapse And Pedestrian Death, Sparks Debate On Chases | Carscoops Baltimore police officers were pursuing a reportedly stolen Hyundai Sonata before it crashed into another car by Stephen Rivers 12 hours ago by Stephen Rivers Today, the Independent Investigations Division (IID) of the Maryland Office of the Attorney General released
0 Comments