Industry

German industrial giant Siemens is investing more than $100 million in Volkswagen Group‘s Electrify America unit, becoming the first outside investor in the North American network of electric vehicle charging stations. Including new funds from its parent Volkswagen, the Electrify America unit would receive a total injection of $450 million, the companies said in a

Consumers want safeguards at the forefront for vehicles with automated technology such as lane centering, automated lane changing and driver monitoring, new data from the Insurance Institute for Highway Safety shows. “There does seem to be a genuine interest in this technology. But there’s also a bit of healthy skepticism around the general understanding that

Sweden’s Northvolt, whose customers include BMW and Volkswagen Group, is planning to go public within the next two years as battery demand for electric vehicles booms. The company is “well positioned” for an initial public offering, founder and Chairman Carl-Erik Lagercrantz said in an interview. The venture, which has been valued at around $12 billion

TOYOTA CITY, Japan — Imagine zipping down the highway of tomorrow in a self-driving pod car. You’re on a long-haul, cross-country trip; you don’t have time to stop for a restaurant. With the push of a button, the meal is ordered. Before long, a drone catches up to your speeding vehicle. It hovers near a

SHANGHAI – Contemporary Amperex Technology Co. will start mass production next year of its latest EV battery, with greater efficiency that lets electric vehicles drive longer distances on each charge, the company said on Thursday. The world’s biggest battery maker is scrambling to retain its top position against competition from rivals such as BYD, which will

As Volkswagen begins U.S. production of the ID4 compact crossover, two experienced, high-profile executives who helped guide the rollout of the brand’s electric vehicle transition on the continent have departed the automaker for high-tech startups. Matt Renna, 36, previously VW Group of America’s vice president for e-mobility — and a 2020 Automotive News Rising Star

General Motors‘ autonomous driving unit Cruise has started charging fares for driverless rides in San Francisco, the company said on Thursday, a step towards commercialization of the service. Cruise earlier this month became the first company to secure a permit to charge for self-driving car rides in the U.S. city, after it overcame objections by

Just one year after closing a $10 million funding round, a Detroit-based drone software company that seeks to build highways in the sky for unmanned aircraft is on another high-flying path. Airspace Link Inc. said Wednesday it closed on a Series B funding round totaling $23.1 million at a valuation of about $200 million, according

General Motors is aiming to simplify the EV charging experience by allowing drivers to plug in and automatically charge their vehicles when using charge points on the Ultium 360 network, rather than rely on a mobile app to set up and pay for charging. GM will launch the plug-and-charge service Thursday with EVgo. After drivers

Toyota Motor Corp has cut its stake in Uber Technologies Inc by about half, after the ride-hailing company divested the autonomous driving unit at the center of their collaboration. “The development of vehicles related to automated driving was one of the main objectives of Toyota’s investment,” Toyota spokesperson Shiori Hashimoto said in a statement, adding

Getty Images Ford has chosen a plant in Valencia to build its next generation electric vehicles in Europe, as the company reorganises its operations. The US automaker selected the site over a rival facility in Saarlouis, Germany. The company plans to only sell electric cars in Europe by 2030, ahead of a planned EU ban

Spin, the San Francisco-based electric bicycle- and scooter-sharing company, said it will invest up to $2 million in university research on micromobility at Michigan State University and the University of Utah. “We want it to be a collaborative process. Our anchors here are the common goals that we share with universities around transportation,” said John

FedEx Corp has 150 BrightDrop zero-emissions delivery trucks rolling on Los Angeles streets and highways as it transitions from EV testing to adoption. The partnership with BrightDrop, an 18-month-old General Motors subsidiary, advances FedEx toward its goal of making 100 percent of its pickup and delivery fleet vehicle purchases electric by 2030. “You start off

Cars.com revealed on Tuesday its annual American-Made Index for 2022, which ranks vehicles by how American-made they really are. According to the index, based on data collected in April and May, 95 of the 379 automobiles produced in the U.S. auto market made the independent ranking. The ranking considered manufacturing employment compared to automakers’ footprint,

General Motors‘ lidar provider Cepton Inc. opened an office in suburban Detroit to serve as its automotive business hub and help expand its relationship with automakers in the region. The Silicon Valley company said last week the office in Troy, Mich., will “house members of Cepton’s senior leadership team as well as product, program management,

Lawmakers must press for a more reliable and resilient electric grid to support the millions of electric vehicles slated to arrive on the nation’s roads. That’s the conclusion of a report issued last week by a pair of nonprofit organizations that say policy and legislation are needed to provide and expand the possibilities offered by

A year and a half in, General Motors’ new delivery and logistics entity, BrightDrop, has outlined plans for at least two electric delivery vans, logged more than 25,000 orders from e-commerce heavyweights including FedEx Express and Walmart, and recruited several executives from the advanced autonomous technology, software and robotics sectors. “The demand for electric vehicles

The Internet of Things revolution is powered by a combination of connectivity, sensing and intelligence, enabling formerly dumb “things” such as vehicles to understand and respond to their environment, driving improvements in efficiency and safety. The widespread adoption of connectivity, sensing and intelligence in millions of vehicles not only helps to make them individually safer