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Hello and welcome to Daily Crunch for January 25, 2022! Today our cup overflows with news. There's simply too much going on to cover in a single newsletter, s
Ford starts production of its new all-electric E-Transit cargo van
Ford has started production of its electric E-Transit cargo vans at its factory in Kansas City, Missouri with the first deliveries expected in the next several weeks, Ford Pro North America general manager Tim Baughman told technewss.
Baughman’s comments follow Ford’s announcement earl
FTC sues to block Lockheed Martin’s $4.4B deal to buy Aerojet Rocketdyne
The U.S. Federal Trade Commission (FTC) has filed suit to block the pending deal defense and aerospace giant Lockheed Martin has on the table to acquire Aerojet Rocketdyne. The proposed deal has a total value of $4.4 billion, made up of cash and debt, but the U.S. trade regulation agency argues tha
GM to invest $7B into four factories as electric pickup truck battle heats up
General Motors said it will invest more than $7 billion in four Michigan factories focused on battery cell and electric truck manufacturing, including a third plant with partner LG Energy Solutions, as the company aims to meet ambitious EV production targets.
The funding plans, which GM says will c
Flaws in third-party software exposed dozens of Teslas to remote access
A security researcher said he was able to remotely access dozens of Teslas around the world because security bugs found in an open source logging tool popular with Tesla owners exposed their cars directly to the internet.
News of the vulnerability was first revealed earlier this month in a tweet by
Panasonic’s higher-capacity Tesla battery could enter production in 2023
Panasonic could start mass producing larger-capacity batteries for Tesla as soon as next year. The 4680 cell is said to boost the range of electric vehicles by over 15 percent. As Nikkei notes, that could boost the range of the Model S from 650km (404 miles or so) on a single charge to 750km (aroun
Advanced driver assistance tech in cars today won’t pass IIHS’ new safety rating
Not a single advanced driver assistance system offered in today’s new vehicles would meet pending safety criteria being developed by the Insurance Institute for Highway Safety, according to the organization.
The nonprofit that is funded by auto insurance companies said Thursday that its new r
Mercedes’ future vehicles will have Luminar lidar under new deal
Mercedes-Benz said Thursday it plans to use Luminar’s lidar technology in future vehicles as part of a broader deal that includes data sharing and the automaker taking a small stake in the company.
As part of the deal, Mercedes-Benz will acquire up to 1.5 million Luminar shares, in exchange f
Volkswagen and Bosch set up JV to push European battery production
Volkswagen and Bosch have signed a memorandum of understanding to explore a joint venture dedicated to providing Europe with battery equipment solutions. The two companies aim to supply integrated battery production systems and on-site ramp-up and maintenance support for battery cell and system man
Tesla shareholders urge judge to find Musk coerced board to buy SolarCity
Tesla’s shareholders have urged a judge to find that CEO Elon Musk coerced the company’s board to acquire SolarCity in 2016, a transaction that a group of shareholders allege was a “bailout” of the failing solar company of which Musk was the top shareholder. During a Zoom he
Blink Charging to supply EV chargers to General Motors dealerships
Blink Charging, an electric vehicle charger manufacturer, will be deploying EV chargers at General Motors dealerships across the U.S. and Canada, according to the company. The startup will be teaming up with facility solutions provider ABM to supply its new IQ 200 Level 2 chargers to GM.
While Blin
Ford and ADT team up to prevent theft from vehicles
Automaker Ford and ADT, a company that provides home and business security and alarm monitoring services, have launched a joint venture called Canopy that aims to address vulnerabilities in current vehicle security offerings.
Canopy will initially offer an aftermarket accessory that can be mounted
US airlines warn C-Band 5G could cause ‘catastrophic disruption’
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The airline industry claims a “catastrophic” event could unfold on Wednesday when AT&T and Verizon activate their new C-Band 5G networks. In a letter obtained by Reuters, the CEOs of several prominent passenger and cargo airlines, including Delta, United and Southwest, warn interference
New York Times ad warns against Tesla’s “Full Self-Driving”
A full page advertisement in Sunday’s New York Times took aim at Tesla’s “Full Self-Driving” software, calling it “the worst software ever sold by a Fortune 500 company” and offering $10,000, the same price as the software itself to the first person who could nam