Learn which startups strategic mobility investors are seeking at TC Sessions: Mobility

Scaling an autonomous vehicle or EV startup often requires eye-popping amounts of capital that only hedge funds, strategic venture arms and institutional investors have the appetite and funds for.  In the past two years, those capital needs have prompted dozens of mobility startups to turn to eith

Cadillac begins production of Lyriq crossovers, the GM luxury brand's first EV

Cadillac began production on Monday of its first-ever electric vehicle, the $60,000 Lyriq crossover. General Motors' luxury brand has high hopes for the SUV as the first model in the battery-electric portfolio it plans to roll out by 2030. Demand for the car, which goes on sale in May, prompted

Musk reveals plan to scale Tesla to ‘extreme size’

Elon Musk signaled plans to scale Tesla to the “extreme” while teasing the release of Tesla's “Master Plan Part 3” on Twitter one day before opening the automaker's first European factory. On Monday, Musk revealed on Twitter the themes that will dominate the next installment

The Station: GM deepens it stake in Cruise and Porsche plots out its EV course

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. (Folks, a technical snafu meant the weekly newsletter wasn’t emailed to subscribers this Sunday, so we’re posting this now.

GM is buying out SoftBank’s stake in autonomous vehicle unit Cruise

General Motors is expanding its ownership stake in self-driving car subsidiary Cruise. The automaker said late Friday that is is acquiring SoftBank Vision Fund 1’s equity ownership in Cruise for $2.1 billion. GM is also making an additional $1.35 billion investment in Cruise, replacing a prev

Porsche is turning its mid-engine 718 roadster into an EV by 2025

The Porsche 718, a mid-engine roadster that injects the automaker’s motorsports history into a modern-day package, is going all-electric by 2025. The 718 EV, which was announced during Porsche’s annual meeting, is one piece of the company’s ambitious and recently expanded plans to

Porsche to build out its own network of EV charging stations

Porsche said it will start building out its own proprietary global network of charging stations next year, a departure from its initial strategy to rely on partnerships with other companies. The plan, which was revealed during the company’s annual meeting, comes as Porsche prepares to expand

Maserati to bring six EVs to market by 2025

Maserati plans to launch a battery-electric version for each model in its portfolio by 2025 and phase out gas engines by the end of the decade, making it the latest to join the long list of marques from Aston Martin to Volvo that have pledged to go electric. Next year, Maserati will launch a trio o

BMW’s CTO on electrification and supply chain issues

As BMW gets ready to debut the next generation of its 7 Series luxury sedan in April — and with that, the new all-electric i7 — the company today turned the spotlight on its overall portfolio of electric cars, including the upcoming iX1, an electrified version of its popular small cross

Cruise's Oliver Cameron and Motional's Laura Major discuss taking AV tech from the lab to the road at TC Sessions: Mobility

Realizing the vision of deploying commercial fleets of safe, fully autonomous robotaxis continues to be a steep, winding road. Google's self-driving project — launched in 2009 and renamed Waymo in 2016 — triggered a flood of AV tech development. Yet, until recently, the vast majority of aut

Tesla closes Shanghai Gigafactory for two days as Covid cases spike in China

Tesla has idled its Shanghai Gigafactory for two days amid a rise in China's Omicron cases that has prompted the government to tighten restrictions there. The automaker sent a notice to employees and suppliers on Wednesday informing them of the closure, reported Reuters, which viewed the intern

Ford is now using robots to operate 3D printers without human help

Ford's Advanced Manufacturing Center has developed an interface that allows machines from different suppliers to speak to each other in the same language and operate parts of the production line autonomously. Automakers have been incorporating robotics into their manufacturing processes for dec

Mercedes-Benz shows off the interior of the 2023 EQS SUV

Ahead of its official debut on April 19, Mercedes-Benz has shared a first look at the interior of the 2023 EQS SUV. As you can see from the photos the automaker provided, Mercedes didn't reinvent its interior design language. As before, the most eye-catching feature is the optional 56-inch MB

Cadillac will offer two new features to select Super Cruise drivers this summer

GM’s Super Cruise will learn two new tricks this summer. GM announced on Tuesday that the driver assist system will offer Automatic Lane Change and Trailering capabilities for eligible owners. Owners of the 2021 Cadillac CT4 and CT5 will have the opportunity to purchase Automatic Lane Chang