As General Motors invests heavily in software, the automaker will get a boost from the Silicon Valley tech world. Mike Abbott, who led cloud services at Apple Inc., will become GM’s executive vice president of software beginning May 22, the automaker said last week. He will report to CEO Mary Barra and oversee a reorganized
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Founders: Praveen Penmetsa (CEO), Mark Schwager, Zachary Omohundro, Carlo MondaviLaunched: 2018Headquarters: Livermore, CaliforniaFunding: $116.4 millionValuation: $271 millionKey technologies: Autonomous vehicles, roboticsIndustry: AgriculturePrevious appearances on Disruptor 50 List: 1 (No. 20 in 2022) Persephone Kavallines Agriculture has been difficult to disrupt, and decarbonize. As the producer of the world’s first-ever fully electric, driver-optional smart tractor, Monarch Tractor’s goal
Alfa Romeo is preparing to launch a TV ad blitz for the Tonale compact crossover, the Italian brand’s first plug-in hybrid vehicle. The Tonale has been making the rounds in an outreach tour highlighted by a display at a Formula One race in Montreal, various auto shows and an April 2022 appearance on “Live with
Dave Walters of Orange County, California, stands by his newly leased Hyundai Ioniq 5 electric vehicle. Provided by Dave Walters Fed up with high gas prices and enticed by federal tax credits, Dave Walters decided he wanted an all-electric Hyundai Ioniq 5 for his next vehicle. The Orange County, California, resident initially thought about purchasing
Associated Press May 12, 2023, 05:52 PM ET INDIANAPOLIS — Danish driver Christian Lundgaard won his first IndyCar pole Friday, claiming the No. 1 starting spot for Saturday’s Indianapolis Grand Prix. Last season’s rookie of the year posted a fast lap of 1 minute, 9.3321 seconds on Indianapolis Motor Speedway’s 14-turn, 2.439-mile road course. It’s
WASHINGTON, May 12 (Reuters) -The National Highway Traffic Safety Administration demanded the recall of 67 million air bag inflators because it believes there is a safety defect, but auto supplier ARC Automotive Inc. rejected the U.S. regulator’s request, documents released on Friday show. ARC air bag inflators are in General Motors, Stellantis, BMW, Hyundai Motor,
In this article FSR FSR Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange welcomes Fisker Inc. (NYSE: FSR), today, Monday, November 9, 2020, in celebration of its recent IPO. Source: NYSE Electric vehicle startup Fisker on Tuesday reported a wider first-quarter loss than expected and cut its production guidance for the full
Alanis King May 12, 2023, 08:41 AM ET Amid a boom for Y2K fashion, throwback NASCAR streetwear is in fashion now more than ever. Ryan Williams Brodie Butterfield, a tech worker in Australia, walked into his job one day and saw a colleague in a vintage Dale Earnhardt Sr. shirt. Earnhardt Sr., who won seven championships
UAW members at a Clarios battery plant near Toledo, Ohio, that supplies Ford Motor Co. and General Motors entered their fifth day on the picket line Friday with no signs of an agreement — and tensions rising with an anticipated court hearing. The company requested a meeting this week and met with negotiators Thursday but
In this article NKLA Follow your favorite stocksCREATE FREE ACCOUNT Nikola Motor Company Source: Nikola Motor Company Electric heavy truck maker Nikola said that it’s “refocusing the company on North America” as it exited a European joint venture with its chassis supplier. The news came as the company reported its first-quarter results. Here are the
Elon Musk said on Thursday he has found a new chief executive for Twitter without naming the person and that he will transition to the role of chief technology officer of the social media platform within the next few weeks. “Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting
A Mercedes S-Class luxury automobile rolls off the assembly line at the Mercedes-Benz Group plant in Sindelfingen, Germany, on Monday, Feb. 13, 2023. Krisztian Bocsi | Bloomberg | Getty Images Two people, both 44, were killed in a shooting at the Mercedes-Benz Daimler factory in Sindelfingen, southern Germany on Thursday, local German police said. The
Daniel Ricciardo is not being lined up to replace underperforming Nyck de Vries at AlphaTauri at present, sources have told ESPN, despite reports linking him to a move. Multiple reports said on Thursday that Ricciardo visited AlphaTauri’s headquarters in Faenza, Italy this week for a seat fitting, adding that Red Bull motorsport advisor Helmut Marko
Swedish automaker Polestar has slashed its 2023 volume forecast by as much as a quarter and announced a delay — its second — in launching its high-volume electric crossover. Polestar 3 production is pushed to the first quarter of 2024 because of software development issues plaguing affiliate Volvo’s new electric platform, which underpins the midsize
In this article A4N1-FF Follow your favorite stocksCREATE FREE ACCOUNT Polestar 3 Courtesy: Polestar Swedish electric vehicle maker Polestar on Thursday trimmed its full-year production guidance, saying that its upcoming Polestar 3 SUV will be delayed until 2024 because of software issues. The company also said it will cut about 10% of its workforce to
General Motors aims to bring in more revenue from commercial and fleet buyers with a new unit designed to simplify the sales process and create a “one-stop” experience. The initiative, called GM Envolve, will give businesses a dedicated sales account executive who can reach across multiple divisions, whether the customers are buying vehicles or in
A presenter stand next to Hyundai’s all-electric SUV ‘IONIQ 5’ during its launch at the Auto Expo 2023 on January 11, 2023 in Greater Noida, India. Ajay Aggarwal | Hindustan Times | Getty Images South Korean automaker Hyundai Motor Company is ramping up its production capabilities as it aims to become one of the world’s
May 10, 2023, 06:43 AM ET Ferrari are struggling with an inconsistent car that is competitive in qualifying but off pace in the race, Charles Leclerc and Carlos Sainz said after a difficult Miami Grand Prix. The Italian team’s next outing is a home race at Imola and fans will be apprehensive after a weekend