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December 2, 2020

vehicle

France’s Niel, Pigasse target consumer goods with new acquisition vehicle

Reuters
PARIS (Reuters) – French telecoms magnate Xavier Niel is teaming up with former Lazard banker Matthieu Pigasse and another entrepreneur to raise funds through a new listed vehicle to target acquisitions in the European consumer goods sector. The businessmen said in a statement on Sunday that their special purpose acquisition......

They survived first crash, but 2 killed by third vehicle as they stood on freeway, MSP says

Detriot News
Detroit News – For more and to sign up click here Michigan State Police are investigating a crash that left two people dead last weekend on Detroit’s side. Troopers were called to the southbound Lodge near Chicago at about 7:55 p.m. Sunday after two cars collided, investigators said in a......

UK electric vehicle maker Arrival is going public via SPAC at a $5.4 billion valuation

CNBC
CNBC – For more and to sign up click here LONDON — British electric vehicle start-up Arrival announced Wednesday that it will go public through a merger with a U.S. blank-check company. This year has seen a flurry of SPACs, or special purpose acquisition companies, come to market as businesses......

This ride-sharing company wants to help Black entrepreneurs buy a vehicle

CBS News
CBS News – For more and to sign up click here Lance McGowan left his transportation logistics job at Pepsi seven years ago because he wanted more control over his time and income. McGowan now makes a living renting his cars to people in Columbus, Ohio. Money that McGowan earns,......

Utilities, Tesla, Uber create U.S. lobbying group for electric vehicle industry

Reuters
WASHINGTON (Reuters) – A group of major U.S. utilities, Tesla, Uber and others said on Tuesday they are launching a new group to lobby for national policies to boost electric vehicle sales. The new Zero Emission Transportation Association wants to boost consumer electric vehicle incentives and encourage the retirement of......

Apple, ChargePoint team up on electric vehicle charging info

Reuters
FILE PHOTO: The Apple logo is seen at an Apple Store in Brooklyn, New York, U.S. October 23, 2020. REUTERS/Brendan McDermid (Reuters) – Electric vehicle charging network ChargePoint said on Tuesday that it will team up with Apple Inc AAPL.O to integrate a wide range of EV charging information in......

Electric vehicle start-up Fisker surges 13% in NYSE debut

CNBC
CNBC – For more and to sign up click here Shares of electric vehicle start-up Fisker Inc. closed up 13% in the company’s public debut Friday on the New York Stock Exchange. The stock jumped as much as 19% before closing at $10.14 a share. It began trading Friday after......

Ford unveils new self-driving test vehicle for 2022 launch

CNBC
CNBC – For more and to sign up click here Ford Motor plans to launch its self-driving vehicle businesses in 2022 with vehicles based on its Escape Hybrid crossover. Ford Ford Motor plans to launch its self-driving commercial business in 2022 with vehicles based on the Ford Escape Hybrid crossover,......

GM to invest more than $2 billion in U.S. manufacturing to increase electric vehicle production

CNBC
CNBC – For more and to sign up click here Engines assembled as they make their way through the assembly line at the General Motors (GM) manufacturing plant in Spring Hill, Tennessee, August 22, 2019. Harrison McClary | Reuters General Motors is investing more than $2.2 billion in its U.S.......

Apple iPhone maker Foxconn wants to become the Android for electric cars with new vehicle platform

CNBC
CNBC – For more and to sign up click here The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019. Sam Yeh | AFP | Getty Images GUANGZHOU, China — Foxconn, the Taiwan company that assembles Apple’s iPhone, has launched an platform to help automobile......

Autonomous vehicle, robot, AG and construction equipment guidance news

@BreaknNews
ACEINNA & PointOne Navigation partner to create the industry’s most affordable, highly accurate (1 centimeter) and easy to use positioning solution for autonomous vehicles of all kinds   Rosapplicationsmall  ANDOVER, Mass. – Oct. 14, 2020 – — CEINNA and Point One Navigation To Enable Precise Positioning for Agriculture, Construction, Mapping, Surveying,......

Tesla Autopilot gets ‘moderate’ grade from European vehicle safety authority while Audi, BMW and Mercedes get top marks

CNBC
CNBC – For more and to sign up click here A European vehicle safety authority gave “very good” marks to Audi, BMW and Mercedes for their driver assistance systems, and gave Tesla’s system, known as Autopilot, a “moderate” grade in a new report out Thursday. The ratings from the European......

How Tesla, GM and others aim to fix electric vehicle range anxiety

CNBC
CNBC – For more and to sign up click here The popularity and success of Tesla has proven there is demand for electric cars. Automakers are investing billions into an electric-powered future. Last year, 143 new EV’s launched around the globe. Analysts predict record growth of EV sales in 2021, especially......

Chinese electric car start-up Xpeng shows off new flying vehicle 

CNBC
CNBC – For more and to sign up click here Electric vehicle start-up Xpeng unveiled its first generation prototype for a flying vehicle at the Beijing Auto Show on Sept. 26, 2020. Evelyn Cheng BEIJING — Alibaba-backed Xpeng is putting money into flying car technology as part of the company’s......

California to ban the sale of new gas-powered passenger vehicles starting in 2035

CBS News
CBS News – For more and to sign up click here California will ban the sale of new gas-powered passenger cars and trucks starting in 2035, Governor Gavin Newsom announced Wednesday. The executive order, one of the most ambitious in the nation, will require all new vehicles sold after that......

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