Ford’s market cap tops $100 billion for first time ever
[ad_1] Ford Motor Co. CEO Jim Farley walks to speak at a news conference at the Rouge Complex in Dearborn, Michigan, September 17, 2020.Rebecca Cook | ReutersDETROIT – Ford Motor's…
GM president hints at strategy disagreement with departed Cruise CEO Dan Ammann
[ad_1] Cruise Automation COO Dan Kan (l to r), Cruise Automation CEO Kyle Vogt and General Motors President Dan Ammann Tuesday, November, 20, 2018 at Cruise Automation offices in San…
CEO of GM’s autonomous vehicle branch Cruise is leaving the company
[ad_1] A robot car of the General Motors subsidiary Cruise is on a test drive in 2019.Andrej Sokolow | picture alliance | Getty ImagesDan Ammann, CEO of General Motors autonomous…
Intel plans to take self-driving car unit public in the U.S. in mid-2022
[ad_1] Mobileye's CEO Amnon Shashua poses with a Mobileye driverless vehicle at the Nasdaq Market site in New York, July 20, 2021.Jeenah Moon | ReutersIntel has announced that it plans…
Nissan to invest $17.6 billion over next five years to ramp up electric vehicle offering
[ad_1] Japanese automotive giant Nissan is to invest 2 trillion yen (around $17.6 billion) over the next five years to speed up the electrification of its product line.Nissan said on…
This year’s hottest technology IPOs are having a difficult day
[ad_1] A Rivian R1T electric pickup truck during the company's IPO outside the Nasdaq MarketSite in New York, on Wednesday, Nov. 10, 2021.Bing Guan | Bloomberg | Getty ImagesSome of…
GM takes a stake in electric boating start-up Pure Watercraft
[ad_1] General Motors, which has billed itself as "all in on electrification" this year, has acquired a 25% stake in Pure Watercraft, a Seattle start-up that makes electric outboard motors…