Tag: automakers

Swedish battery maker Northvolt raises $1.6 billion in debt financing

AutomotiveJuly 29, 2020

STOCKHOLM — Swedish lithium-ion battery maker Northvolt said on Wednesday it had secured $1.6 billion in debt financing, as part of its plan...

CES Goes Digital – But Will Automakers (Virtually) Stick Around in 2021?

AutomotiveJuly 29, 2020

Nissan showed off the Ariya Concept at CES last January. Will automakers go with the show in 2021 when it becomes an internet-only...

Cars Will Soon Be Able to Sense and React to Your Emotions

AIJuly 29, 2020

Imagine you’re on your daily commute to work, driving along a crowded highway while trying to resist looking at your phone. You’re already...

GM Beats Forecast But Still in the Red for Pandemic-Hit Second Quarter

AutomotiveJuly 29, 2020

GM CFO Dhivya Suryadevara said strong sales in China helped the company beat analysts expectations for the second quarter. General Motors was able to...

Musk says Tesla is open to supplying batteries and technology to competitors

AutomotiveJuly 29, 2020

In response to reports that German automakers are working feverishly to catch up to Tesla in the electric vehicle segment, Elon Musk tweeted...

GM reports 2Q loss, but there are signs of improvement

AutomotiveJuly 29, 2020

DETROIT — Even though General Motors was able to reopen its U.S. factories for the last half of the second quarter, the company...

Low stock, economic uncertainty, hold back July US sales – Cox

AutomotiveJuly 29, 2020

Annual vehicle sales pace in July forecast to be 13.3m, down from 16.9m in 2019 Sales volume expected to fall 19% year...

Safety Advocates Push for Advanced Tech Mandate to Cut Hot Car Deaths

AutomotiveJuly 28, 2020

KidsAndCars.org hosted a webinar showing tech available now that could cut hot car child deaths. Safety advocates pushing for new technology that would alert...