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GM Vows to Surpass Tesla in Electric Vehicle Sales

WARREN, Mich. — General Motors plans to cash in as the world switches from combustion engines to battery power, promising to double its annual revenue by 2030 with an array of new electric vehicles, profitable gas-powered cars and trucks, and services such as an electronic driving system that can handle most tasks on the road.

October 6, 2021

Autonomous Trucks Take Off Rapidly in China’s Commercial Operations

BEIJING — Driverless trucks will help revamp the logistics and industrial sector in China, as autonomous driving technologies have taken off in the country amid the COVID-19 pandemic.

October 5, 2021

LG Energy Strikes Battery-Metal Deal With Sigma Lithium

LG Energy Solution, one of the world’s top electric-vehicle battery makers, has struck a supply deal with Sigma Lithium Corp. as demand for the metal soars.

October 5, 2021

Many Tesla Short Sellers Are Giving Up

Tesla Inc. is inflicting more pain on short sellers, and many of them are giving up.

October 4, 2021

DTNA, ACM Announce Collaboration

Daimler Trucks North America announced a three-year, $3 million, first-of-its-kind partnership with the American Center for Mobility that will allow customers to experience DTNA’s in-vehicle technology at test sites on ACM’s 500-acre campus in suburban Detroit.

October 4, 2021

GM’s Future EVs Get Range Boost With Wolfspeed Deal

General Motors’ future electric vehicles will offer more range on a single charge and charge faster because of a new supplier agreement it announced with Wolfspeed Inc.

October 4, 2021

Roger Nielsen Joins SafeAI Board

SafeAI Inc., which is helping off-road industries including mining and construction move toward autonomy, announced that former Daimler Trucks North America CEO Roger Nielsen has joined its board of directors.

October 4, 2021

GM-Backed Cruise Sees Autonomous Unit Growing Past $50 Billion

Cruise, the autonomous vehicle startup majority-owned by General Motors Co., will tell investors this week that it sees a path for its ride-hailing business to reach $50 billion in revenue as the company ramps up over the next couple of years, people familiar with the matter said. GM’s shares jumped.

October 4, 2021

Tesla Expects Delivery Record, Beating Supply Chain Turmoil

Tesla Inc. is expected to report record deliveries of roughly 224,000 vehicles in the most recent quarter, another milestone for CEO Elon Musk and his trailblazing electric-car brand.

October 1, 2021