Thursday, September 30, 2021

The Verge - Transportation Posts

The Verge - Transportation Posts


Lordstown Motors reportedly selling former GM factory to Foxconn

Posted: 30 Sep 2021 09:17 AM PDT

Lordstown Motors Headquarters Ahead Of Earnings Figures

Struggling EV startup Lordstown Motors is nearing a sale of its Ohio factory to Taiwanese iPhone assembler Foxconn, which has its own electric vehicle ambitions, Bloomberg reports. The deal could be announced as soon as Thursday evening.

Lordstown Motors bought the 6.2 million square foot facility from General Motors in 2019 shortly after the Detroit automaker closed it down — a decision that drew the ire of then-president Trump. The startup previously announced in August that it was planning to rent out space at the factory in an effort to make money amid a serious cash crunch. Reuters is also reporting that a sale is on the verge of happening.

Since buying it, Lordstown Motors has put about $240 million worth of work into getting the...

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Honda is doubling down on rockets, robots, and flying cars

Posted: 30 Sep 2021 02:00 AM PDT

Honda is increasing its research and development spending in three futuristic areas: rockets, robots, and electric vertical takeoff and landing aircraft (eVTOL), otherwise known as flying cars.

The automaker will spend $45 billion (5 trillion yen) on R&D over the next six years. But Honda won't say what fraction of that amount will be spent on developing rockets, robots, and flying cars, nor even if it plans on pursuing those projects as commercial businesses.

In fact, Honda sees robots, rockets, and eVTOL aircraft as an extension of its main business of manufacturing automobiles. If the company can get a better electric vehicle platform out of it, for example, then it will be worth the investment. Basically, it wants to see if it can...

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Cadillac axes Escalade’s hands-free driving feature due to chip shortage

Posted: 29 Sep 2021 02:39 PM PDT

Photo by Sean O'Kane / The Verge

The 2022 Escalade is heading into production, but it'll be missing a key feature when the first customers pick up their new ride: the hands-free driving mode known as Super Cruise. It's the latest feature to get the axe as a result of the global semiconductor shortage, which has been an especially big drain on the auto industry.

The shortage is also forcing Cadillac to hold off on adding Super Cruise to the CT4 and CT5 sedans, according to Roadshow. With the Bolt currently not on sale due to the massive battery recall, that means parent company General Motors' most advanced technological feature is currently not available on any new car.

"[W]e're confident in our team's ability to find creative solutions to mitigate the supply chain...

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GM’s new software platform will enable over-the-air updates, in-car subscriptions, and maybe facial recognition

Posted: 29 Sep 2021 12:00 PM PDT

Photo by Sean O'Kane / The Verge

General Motors announced a new "end-to-end" software platform for its cars called "Ultifi" — a play on the name Ultium, which is the automaker's new electric vehicle battery architecture. GM says the new software will enable over-the-air (OTA) updates, in-car subscription services, and "new opportunities to increase customer loyalty."

The automaker envisions the new software powering everything from the mundane, like weather apps, to potentially controversial features like the use of in-car cameras for facial recognition or to detect children to automatically trigger the car's child locks. The Linux-based system will also be available to third-party developers who may want to create apps and other features for GM customers.

GM is...

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