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Volvo Aims for 25% Recycled Plastic by 2025
Volvo Car Corp. says at least 25% of the plastic it uses in new cars by 2025 will be made from recycled material.
GM Ponders Separate Stock for Cruise Automation Unit
General Motors Co. has launched an internal discussion that could lead to spinning off the company’s 2-year-old Cruise Automation unit in a few years, sources tell Bloomberg News.
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.
Northvolt Cuts Battery Factory Price in Bid to Lure Investors
Swedish startup Northvolt AB tells Reuters it has “significantly” lowered the estimated price for the electric-car battery factory it hopes to build.
GM Unit Stresses Driver Training in Autonomous Cars
General Motors Co.’s Cruise Automation unit says it puts backup drivers and auditors through extensive training before allowing them to participate in real-world autonomous vehicle tests.
Ford Teams with Startup on Ride-Share Routing Software Developer
Ford Motor Co.’s Autonomic affiliate is partnering with San Francisco startup rideOS Inc. to develop software that dispatches and routes ride-share vehicles.
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
German Prosecutors May Fine Bosch, Daimler, Porsche Over Diesel Cheating
Prosecutors in Stuttgart say they could levy punitive fines against Bosch, Daimler and Porsche for diesel emission cheating, Reuters reports.
BorgWarner Opens Indiana Tech Center
BorgWarner has opened a technical center in Noblesville, Ind., to develop and test products for electrified vehicles.
Volvo to Invest in Lidar Company
Volvo Car Corp. plans a “significant” investment in Luminar Technologies Inc., a Silicon Valley startup specializing in lidar sensors for autonomous vehicles.