Industry Voices
GM $850 M Investment Pushes Cruise Robotaxis Project while Slashing EV Production
General Motors has made an $850 million investment in Cruise to reinvigorate its operations. This injection of capital follows a challenging period marked by accidents and internal adjustments, with Cruise temporarily halting its taxi services. The funding aims to propel Cruise forward as it resumes testing in Phoenix, Dallas, and Houston.
By Dabbie Davis
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Nissan Shifts Away from ICE Funding, Amidst Rivals Focus on New Gas Engines
Nissan sets itself apart by prioritizing a complete transition to electric vehicles, contrasting with competitors focused on enhancing next-gen internal combustion engines. With a strategic shift towards EV technology, Nissan aims to boost its electric car sales and align its lineup with evolving emission regulations, gradually phasing out traditional engines.
By Dabbie Davis
Tesla's Nvidia AI Chips Reallocated by Musk, CEO Explains
Elon Musk's recent directive to shift Nvidia AI chips from Tesla to his ventures has stirred investor inquiries. This reallocation reflects the evolving AI landscape and corporate decision-making dynamics.
By Dabbie Davis
Volkswagen Transforms Golf R into Dynamic Clubsport Edition, Ramps Up Performance
Volkswagen is gearing up to introduce the Golf R Clubsport, a highly anticipated addition to its lineup following the success of its front-wheel-drive counterparts. This upcoming release is set to excite Volkswagen fans and enthusiasts with its focus on performance enhancements.
By Dabbie Davis
Toyota Apologizes for Cheating on Government Safety Tests, Halts Production of Three Models
In a public statement on Monday, Toyota apologizes for cheating through its Chairman Akio Toyoda, acknowledging the need for accountability and transparency. The company halted production of certain models after being found to manipulate certification tests multiple times, emphasizing the importance of rectifying the situation promptly.
By Dabbie Davis
Toyota Recalls 102,000 Tundra and Lexus Models, Malfunctioning Engines Prompt Alert
Toyota and Lexus have issued a recall for certain model years of the Tundra and LX due to V6 engine issues. Over 100,000 affected Tundra models are part of this recall, with notifications expected by July 2024. The recall focuses on potential engine malfunctions in these vehicles.
By Dabbie Davis
Nissan Innovates Production Process, Embraces Gigacasting for Next-Gen EV
Nissan is embracing gigacasting, following Tesla's lead, to revolutionize its production methods for upcoming electric vehicles. This innovative approach streamlines manufacturing, reduces costs, and enhances durability. The shift underscores Nissan's commitment to cutting-edge technology in the automotive industry.
By Dabbie Davis
Renault, Geely Unveil Innovative HORSE Powertrain Collaboration, Advanced Hybrid Engine Development Ahead
Renault and Geely have jointly established HORSE Powertrain in the UK, specializing in combustion and hybrid drivetrains. This entity will cater to industrial clients like Nissan, Mitsubishi Motors, Proton, and more. The venture aims to enhance traditional auto operations with advanced powertrain solutions, focusing on fuel efficiency and sustainability.
By Dabbie Davis
