A California software mogul who has a long-running feud with Tesla Inc. and CEO Elon Musk over the automaker’s self-described “Full Self-Driving” software is taking out a targeted ad during the Super Bowl on Sunday calling on regulators to shut down the driver-assistance feature. Dan O’Dowd, founder and CEO of Green Hills Software, alleges that
Industry
Electric vehicle charging company Flo plans to launch Flo Ultra, a fast charger designed for safety and accessibility with two charging ports per unit, next year. “As new EV drivers hit the road, they will be looking for fast charging that is safe, accessible, convenient, intuitive and reliable,” Nathan Yang, FLO chief product officer, said
General Motors could add different battery chemistries and form factors that move beyond its plans with LG Energy Solution as the automaker launches a line of affordable electric vehicles, analysts said. GM has announced three U.S. battery plants with LG Energy Solution under its joint venture, Ultium Cells. The companies have said for months that they
Automotive supplier BorgWarner Inc. exceeded sales and profit expectations last year as it entered an “inflection point” in its bet on electrification, spinning off its fuel systems and aftermarket business and hitting break-even on the EV side as soon as this year, executives said Thursday. Full-year sales increased 6.5 percent from the previous year to
Redwood Materials said on Thursday it has received a conditional commitment for a $2 billion loan from the U.S. Energy Department to help build out a $3.5-billion recycling and re-manufacturing complex in Nevada for electric vehicle battery materials. Energy Secretary Jennifer Granholm said that, if finalized, the loan will help the project create critical materials
CHICAGO — When it arrives in U.S. showrooms this year, the redesigned 2024 Subaru Crosstrek will sport a number of new technologies, some improved driving dynamics, different styling and, at least for some models, a VIN indicating it was built in the U.S. The Crosstrek was Subaru’s top-selling nameplate in the U.S. in 2022, with
General Motors Co. is competing for a stake in Brazilian mining giant Vale SA’s base metals unit, people familiar with the matter said, underscoring automakers’ desire for easy access to the materials needed for electric vehicle batteries. GM has advanced to the next round of bidding for a minority stake in the business, the people
Tesla Inc. plans to present a third version of Elon Musk’s “master plan” next month, almost a full year after the CEO said he was working on a next edition. The EV maker will outline “the path to a fully sustainable energy future for Earth” during its March 1 investor day, Musk tweeted. Tesla has
The U.S. is not investing enough money in its electric vehicle charging infrastructure, and it’s contributing to American drivers’ range anxiety, a major hindrance to consumers adopting EVs en masse, according to a report issued by UP.Labs, the transportation and mobility division of venture capital firm UP.Partners. Historically, the cost of EVs has been the main reason
As Mercedes-Benz speeds toward an all-electric future globally, it is also electrifying its commercial segment in the U.S. The luxury automaker will bring a battery-powered version of its workhorse Sprinter van to the U.S. and Canada in the second half of the year. The U.S. is the second-largest market for Sprinter vans after Germany. Mercedes
Startup Liminal, which makes battery inspection systems for the manufacturing process, raised $17.5 million in its series A2 funding round, the company said Monday. The Emeryville, Calif., company will use the funding to scale production of its EchoStat inspection system, which it bills as an automated factory-integrated system for testing the performance of EV batteries.
One incentive for buying an electric vehicle is the potential to make money by charging or discharging at certain times. This seemingly simple task for EV owners could create a more resilient grid and reduce the need for additional power plants as U.S. roads see more EVs. A physical power plant is easy to visualize
Despite many lidar companies going public in recent years, via the special purpose acquisition company process, the industry has taken a hit with some companies shutting down or being acquired over the past year. Lidar technology, which stands for “light detection and ranging,” uses lasers to map the environment. The reliability and cost of the
Battery startup Our Next Energy Inc. raised $300 million in its series B funding round, the company said Wednesday. The investments valued the Michigan company at $1.2 billion. The company intends to use the funds for building the second phase of a $1.6 billion battery cell factory slated for completion in 2024, company founder and
Road trips in electric vehicles could soon become more feasible and easier to plan with Electrify America charging stations coming to travel centers across the U.S. Electrify America and TravelCenters of America detailed a new partnership Monday to install 1,000 chargers at 200 TravelCenters locations along major highways over the next five years. The companies
TOKYO – Honda will use a new hydrogen fuel cell system jointly developed with General Motors in a U.S.-built CR-V crossover. The fuel cell CR-V will be built in Ohio and will launch in the U.S. and Japan by the end of next year. Europe sales are still under consideration, Honda said in a statement.
StoreDot, a startup developing fast-charging electric vehicle batteries, and Circulor, a supply chain tracing company, unveiled a partnership Tuesday aimed at increasing transparency in the EV battery supply chain. The companies will track carbon dioxide emissions from mining the necessary raw materials used in StoreDot battery cells and the cell manufacturing process. That will help
Automotive tech supplier Aptiv reported double-digit revenue growth and a surge in net income for the fourth quarter as the company continued to mitigate supply chain uncertainty. “Proactive initiatives and risk mitigation actions related to our supply chain have contributed to our ability to keep customers connected through significant disruptions,” CEO Kevin Clark said in
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