General Motors plans to launch an algorithm-based auto insurance plan by the end of Q1 2022 in select US states, Reuters reports. The insurance plan will charge policyholders based on their driving performance according to a company executive interviewed by Reuters. GM’s subsidiary, OnStar, has asked for regulatory approval for … [continued]
FedEx Express is now testing electric vehicles in India as part of its global goal to achieve carbon-neutral operations by 2040, FedEx has announced. The trial is slated to end in a month in Bangalore and will test the vehicle technology within FedExExpress operations. The company will assess the EVs’ … [continued]
The Tesla Cybertruck has been spotted arriving at Giga Texas, and it’s making a bit of buzz on Facebook and Twitter. It’s exciting to see the beautiful truck popping up, and although this isn’t the one I saw at AI Day, I think it’s really cool to see more videos … [continued]
Intel has announced that it will invest more than $20 billion to build two new factories while also establishing an epicenter for advanced chipmaking in the Midwest. The two new leading-edge chip factories will be located in Ohio and will help boost production to meet critical demand for advanced semiconductors. … [continued]
Redwood Materials is planning to start up its anode copper foil production facility in the first half of this year and start shipping to customers, the company reports. Earlier this month, Redwood also announced that Panasonic would begin including its copper foil that is produced from recycled materials in new … [continued]
The VETERIA21, which is being developed by AIMPLAS, a plastics technology company located in Spain, is focusing on advanced manufacturing processes to obtain sustainable materials for the electric vehicle industry. The goal is to reduce the weight in electric vehicles, starting with battery casings. Composites World noted that the VETERIA21 … [continued]
Deutsche Post Group DHL has announced that it’s offsetting carbon dioxide emissions for letter mail transport in 2022 at no extra charge. DHL noted that for the past decade, it has transported all of its parcels for its customers with climate-friendly “GoGreen” service and that, starting immediately, it’s also offsetting … [continued]
Members of the Corporate Electric Vehicle Alliance have presented a roadmap for developing the types of EVs that companies plan to buy in the US over the next five years to top automotive manufacturers, Ceres, a nonprofit that works with capital market leaders to solve sustainability challenges has announced. Some … [continued]
GreenPower Motors recently announced its plans to manufacture zero-emission all-electric school buses in West Virginia, and CEO Fraser Atkinson took the time to sit down with me and share some details of this plan and also what inspired him to found GreenPower. GreenPower Motors, he told me, designs and manufactures … [continued]
Indigo Technologies introduced two new EV designs targeting the rideshare and delivery markets at the recent Consumer Electronics Show (CES) in Las Vegas. The company describes itself as an OEM that is delivering a new class of smooth, roomy, and affordable EVs. The two new vehicle designs are the Indigo … [continued]
