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Seeing no road to profit, GM shutters Cruise

GM decides to cut its losses, will focus on partial automation for passenger cars. After spending more than $10 billion to try to develop an autonomous robotaxi, General Motors is.....»»

Category: topSource:  arstechnica18 hr. 50 min. ago

TSMC set to report strong profit driven by AI boom

TSMC set to report strong profit driven by AI boom.....»»

Category: gadgetSource:  yahooRelated NewsOct 17th, 2024

Traffic will be affected for months by work on busy Richland County road, SC officials say

Traffic will be affected for months by work on busy Richland County road, SC officials say.....»»

Category: topSource:  pcmagRelated NewsOct 17th, 2024

GM invests $10 million in materials science company Forge Nano for EV batteries

The automaker has invested in and partnered with companies along the EV battery supply chain, from raw materials to recycling, as it works to secure a supply chain for its electric vehicles......»»

Category: topSource:  autonewsRelated NewsOct 16th, 2024

Chevy works to keep full-size SUV sales leadership with freshened Tahoe, Suburban

A diesel option and GM's Super Cruise hands-free driver-assist technology will become available in the first quarter of 2025......»»

Category: topSource:  autonewsRelated NewsOct 16th, 2024

GM taking vehicle development fully virtual in 2025 to save money, time

General Motors is aiming to move to a fully virtual design, development and validation system for its vehicles by next year......»»

Category: topSource:  autonewsRelated NewsOct 16th, 2024

Chip supplier for GM, Mercedes qualifies for $750 million U.S. grant

The preliminary funding agreement requires Wolfspeed "to take additional steps to strengthen its balance sheet to better protect taxpayer funds," it said......»»

Category: topSource:  autonewsRelated NewsOct 15th, 2024

GM launches PowerBank, a battery that could rival Tesla’s PowerWall

General Motor’s unit GM Energy has just released PowerBank, a stationary energy storage battery pack, which gives electric vehicles (EV) owners the ability to store and transfer energy from the electric grid, and the option of integrating with sola.....»»

Category: topSource:  digitaltrendsRelated NewsOct 13th, 2024

Open Road Capital acquires 5 dealerships from Beyer Auto Group

For the first time, Open Road purchased dealerships without a partner......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

GM touts broad profitability to build investor confidence amid EV shift

CFO Paul Jacobson said GM expects flat financial results in 2025 even if pricing declines and that the automaker's outlook should inspire confidence about its earnings potential......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

Top 5 stories of the week: Stellantis executive shuffle; GM expects to pare EV losses

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsOct 11th, 2024

So long Surface Duo 2!

After a brief 3 years on the market, Microsoft shutters support for the Surface Duo 2 on October 2024. The post So long Surface Duo 2! appeared first on Phandroid. After several years of trying to make it work in the foldable market, Micro.....»»

Category: asiaSource:  phandroidRelated NewsOct 10th, 2024

GM says simplifying gasoline vehicles has made them more profitable

Earnings from the Chevrolet Trax subcompact crossover have increased roughly 20 percentage points over the previous model, General Motors President Mark Reuss said......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

GM’s sales slide 21% in Q3; electrified vehicles top gasoline models for first time

In the third quarter, GM’s two joint ventures delivered more than 224,000 full electric and plug-in hybrid vehicles, an increase of 61 percent and 53 percent of the company's overall China sales. .....»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Next-gen Chevrolet Bolt EV to be part of vehicle ‘family," GM says

GM President Mark Reuss said the Bolt will return for the 2026 model year with updated technology and faster charging than the original......»»

Category: topSource:  autonewsRelated NewsOct 10th, 2024

Want to Stream Movies in your BMW? Paramount+ has You Covered

The streaming service will work whenever vehicles are stationary, ensuring that drivers aren't distracted by their favourite movies and series while on the road. The post Want to Stream Movies in your BMW? Paramount+ has You Covered appeared first on.....»»

Category: asiaSource:  phandroidRelated NewsOct 9th, 2024

GM ditches failed Ultium battery branding as its EV sales soar

GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»

Category: topSource:  arstechnicaRelated NewsOct 9th, 2024

Stellantis CEO eyes management shake-up as pressure mounts

Stellantis Chief Executive Officer Carlos Tavares is planning a deep management reshuffle in response to the automaker’s disastrous profit warning, according to people familiar with the situation......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Solid-state batteries need proven benefits over lithium ion to become EV market player

As solid-state battery technology evolves, lithium ion batteries, which power the vast majority of EVs on the road, are also advancing......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

North America can seize EV leadership from China, GM battery chief says

The U.S. can seize global leadership on electric vehicle batteries as the customer base for EVs grows, said Kurt Kelty, General Motors' vice president of batteries......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

General Motors is ditching Ultium branding for its EV batteries

GM says it's time to embrace new cell formats and chemistries. General Motors is shaking up its electric vehicle strategy once again. Despite bumper EV sales in 2024, the US autom.....»»

Category: topSource:  arstechnicaRelated NewsOct 9th, 2024