General Motors (GM) CEO Mary Barra announced Wednesday that the company had no plans of investing in Bitcoin, as reported by CNBC. The announcement comes immediately after Tesla shared it would be purchasing $1.5 billion of the cryptocurrency, which is the largest existing virtual currency in terms of market value. Responding to Morgan Stanley analyst […]
The federal government of Canada has announced Brock University in the province of Ontario, is set to get 20 new electric vehicle chargers, as part of a $235,000 CAD ($185,340 USD) investment. Natural Resources Canada’s Zero-Emission Vehicle Infrastructure Program will fund the new EV chargers, part of the government’s goal to have all new passenger cars […]
Electric vehicle automaker startup, Rivian, is planning an initial public offering (IPO) this fall, with a roughly $50 billion valuation, reports unnamed sources speaking to Bloomberg. “The company’s timeline for an initial public offering isn’t final and a listing could happen later in the year or even slip to 2022,” say sources, who noted Rivian […]
Audi on Tuesday unveiled its fully-electric e-tron GT (Gran Turismo), revealing two models available for pre-order this month: e-tron GT quattro and the RS e-tron GT. According to Audi, the e-tron has a drag coefficient of 0.24, and has two electric motors with output of 350 kW (476 PS) or 440 kW (598 PS). Range is at 487 km (302.6 mi) and an 85 […]
Autonomous driving is the auto world’s newest hot topic, and while Tesla is currently seen as the leader with its Full Self-Driving beta software, a number of companies are throwing their hats in the ring to join the discussion. Self-driving software company Sensible 4 announced on Tuesday the results from a two-week stay in Muonio, […]
If your electric vehicle infotainment system supports Apple’s CarPlay, PlugShare is now compatible with the latter, as of today. According to PlugShare, the CarPlay update brings new features for your EV’s built-in display, as the app now filters out unwanted locations, but will rank them based on your needs. PlugShare says the trips you save […]
Hyundai’s hopes to build an electric vehicle (EV) for tech giant Apple began to wane in recent weeks, and in a recent update, it appears the companies will no longer be pursuing a partnership. According to a regulatory filing from Hyundai and Kia, the company has said they “are not in talks with Apple over […]
According to reliable insiders, the dialogue between smartphone giant Apple Inc. and auto manufacturers Hyundai and Kia for Apple’s ‘Project Titan’ has come to a standstill — reports Bloomberg. BREAKING: Apple has held talks with Hyundai and Kia about building an electric vehicle, but those discussions paused recently. https://t.co/kLWIQx4Clf — Bloomberg (@business) February 5, 2021 […]
Tesla and SpaceX head Elon Musk definitely keeps his plate full with his other ongoing projects at Neuralink and the Boring Company. Now, Musk’s Boring Company is set to move forward with negotiations on a brand new “loop” project, using Tesla vehicles. The project will now move forward after the San Bernardino County Transportation Authority […]
It appears Tesla has sent an investment proposal to Indonesia, confirms a government official. According to Reuters, Septian Hario Seto, Indonesia’s investment and mining coordination chief, told reporters on Friday he had received a proposal from Tesla on Thursday. “I received their proposal yesterday morning… next week we will meet them (virtually) to get an […]
More details of Apple’s rumoured electric vehicle plans are emerging, with the latest from CNBC citing more details about the company’s reported relationship with Hyundai-Kia. Multiples sources claim Apple and Kia are close to finalizing a deal to assemble the iPhone maker’s electric vehicle at the latter’s West Point, Georgia plant. Earlier this week, Bloomberg […]
General Motors has launched its Super Bowl ad highlighting how it wants America to adopt electric vehicles to be more like Norway, which has 54% of new vehicles sold as electric. The clip features actor Will Ferrell, alongside Kenan Thompson and Awkwafina. “I’m excited to be a part of GM’s commitment to EVs. I’ve been […]
The all-electric Amazon Prime van, as made by Rivian, has been spotted a few times already making deliveries in California, and it’s looking and sounding incredible. Wednesday, Amazon shared a new teaser video to its Twitter account announcing that its Rivian-made Prime electric van will be deploying to 15 cities in 2021. In a press […]
Autonomous driving is a hot topic in the auto market today, and a number of companies have already shared plans to get in on the action. Volkswagen has plans to develop its own autonomous driving software in-house, rather than working with a third-party company, as reported by Auto News Europe. The news comes from an […]
The electric vehicle (EV) market is still in its infancy, to be sure, but companies are already making some big moves to secure their spots in an all-electric future. Kia Motors, the affiliate company of Hyundai, saw its share prices surge 14.5% following announcements that Apple would be investing 4 trillion won ($3.6 billion USD) […]
