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SoftBank to invest $2.25B in GM Cruise; GM to add $1.1B; driving large-scale AV deployment

Green Car Congress

We are very impressed by the advances made by the Cruise and GM teams, and are thrilled to help them lead a historic transformation of the automobile industry. The GM Cruise approach of a fully integrated hardware and software stack gives it a unique competitive advantage. Photo by Steve Fecht for General Motors).

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Protean Electric introduces production in-wheel motor at SAE World Congress; 25% increase in peak torque

Green Car Congress

Protean Electric introduced its production in-wheel motor at the 2013 Society of Automotive Engineers World Congress in Detroit. Earlier post.). The motors reside in the space behind the wheel. Fuel economy improvements up to 30% in hybrid configurations, as compared to the existing vehicle, depending on battery size.

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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business.

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UAW President: Tesla workers are union “members of the future”

Teslarati

I still believe the automobile industry is a major force for good in our country. The strike has so far covered about 34,000 of the union’s 146,000 members across the Detroit Big Three. . “We need to come together to bring an end to this acrimonious round of talks.

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University of Michigan Report Finds Focus on Fuel Economy Would Be Very Profitable for Detroit 3; Says Rapid, Wide-Reaching Change in Business Models Required for Turnaround

Green Car Congress

According to the study, higher fuel economy standards would benefit the Detroit 3 automakers the most. According to the report, “Fixing Detroit: How Far, How Fast, How Fuel Efficient?” mpg) would increase Detroit automakers’ gross profits by roughly $3 billion per year and increase sales by the equivalent of two large assembly plans.

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History: Electric Cars: The Golden Age

Clean Fleet Report

With the recent growth of the electric automobile industry , it’s no surprise that EVs are a hot topic of conversation. Since then, his invention sparked (pun intended) an electric automobile revolution that made other modes of transportation seem antiquated. 1912 Detroit Electric. Story by Martin Banks.

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GM’s Volt Program = $700m

Revenge of the Electric Car

. “GM is spending $336m to upgrade the Hamtramck plant; $202m for a new plant in Flint, north of Detroit, that will build 1.4 GM is spending $336m to upgrade the Hamtramck plant; $202m for a new plant in Flint, north of Detroit, that will build 1.4 We expect the Detroit-Hamtramck plant will be the first facility in the U.S.

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