July 2022

F-150 Lightning police truck, Honda Prologue EV, 17 states aim for more electric trucks: Today’s Car News

Ford is rolling out a police version of its F-150 Lightning electric pickup. States representing nearly half of the U.S. economy are standing behind a plan to electrify trucks and buses. And Honda shows that its upcoming Prologue EV doesn’t look like GM’s Ultium EVs on which it’s based. This and more, here at Green

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GM secures raw battery material for 1M units of annual EV capacity in 2025

General Motors (GM) CEO Mary Barra noted that the legacy automaker has a few binding agreements with suppliers for raw battery materials. With the deals, GM will have the annual capacity to produce 1 million EV units in North America by 2025.  “These are commitments with strategic partners for key materials like lithium, cobalt, and

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Tesla battery supplier Panasonic’s Q1 profit hit hard by COVID lockdowns

Tesla battery supplier Panasonic reported its earnings this morning, stating it took a 39 percent drop in first-quarter earnings due to COVID-19 lockdowns in China and rising materials costs. Panasonic said its operating profit for the three-month span ending on June 30 was 63.7 billion yen, or $470.77 million. This missed a consensus estimate of

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Ford adds BlueCruise to 50,000 cars for hands-free driving

Ford said this morning that it has pushed its BlueCruise hands-free highway driving capability to an additional 50,000 F-150 and Mustang Mach-E vehicles. The feature is now available to about 66,500. Ford’s BlueCruise is one of the many semi-autonomous driving functionalities available on the market today, joining Tesla Autopilot, GM’s SuperCruise, among many others. Ford

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Kimbal Musk exercises options to buy 25k of Tesla stock at $74.17 per share

On Wednesday, Tesla board member Kimbal Musk purchased 25,000 TSLA shares. Musk had exercised a call option to buy TSLA shares at a discounted price of $74.17 on Monday.  Musk’s recent purchase of TSLA stock was listed in a Form-4 filing. Considering the shares’ discounted price, Kimbal Musk spent just about $1.85 million on his

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Lamborghini R&D vet flips to Apple for self-driving EV project

Lamborghini Research and Development veteran Luigi Taraborrelli is reportedly flipping to Apple after twenty years with the Italian carmaker. Taraborrelli is reportedly going to help the tech giant develop its self-driving electric vehicle, which has been rumored for over a year. Bloomberg, citing people with knowledge of the situation, said Taraborrelli will help lead the

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Tesla’s Blind Spot Camera feed location can be modified in new software update

Tesla is letting drivers customize the location of the Blind Spot Camera feed on the center screen in its new software update, as the steering wheel can sometimes obstruct the driver’s view of the feature. Tesla’s 2022.24 Software Update is currently rolling out in its earliest stages and will be available to most drivers in

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