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Analyticsindiamag
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GM Abandons Robotaxi Biz to Focus on Personal Autonomous Vehicles
- General Motors (GM) is shifting its focus in autonomous driving from robotaxis to personal vehicles.
- The company aims to enhance its advanced driver assistance systems (ADAS), building on the success of its Super Cruise feature.
- GM will integrate Cruise LLC, its autonomous vehicle subsidiary, with its technical teams and cease funding robotaxi development.
- The decision aims to cut spending by over $1 billion annually and comes as the robotaxi industry faces increased competition and regulatory hurdles.
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Tech Story
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Tesla Poised to Launch Sub-$30,000 Electric Vehicle in 2025
- Tesla plans to launch a new electric vehicle priced under $30,000 after tax credits in the first half of 2025.
- The vehicle, unofficially known as 'Model Q,' aims to attract budget-conscious consumers and make electric driving more accessible.
- Tesla plans to utilize its existing production lines to reduce costs and speed up production for the Model Q.
- Possible features of the Model Q include smaller battery packs, simpler interiors, and fewer advanced features compared to higher-end Teslas.
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Technode
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Image Credit: Technode
Xiaomi’s first SUV expected to go on sale alongside new foldable phones
- Xiaomi is set to launch its first electric SUV model next summer, aiming to rival Tesla's Model Y.
- The launch is scheduled for June or July, coinciding with Xiaomi's unveiling of new flagship phones.
- Xiaomi's second EV model, named YU7, is undergoing road tests and shares a design similar to the SU7.
- The YU7 is expected to have a higher price range than the base Model Y, with advanced driver assistance features.
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Digitaltrends
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Image Credit: Digitaltrends
Watch how Tesla’s humanoid robot recovers from a stumble
- Tesla has released a video showcasing its Optimus humanoid robot's ability to handle soft and uneven ground.
- The robot impressively recovers from a slip while descending a small but steep slope.
- Tesla CEO Elon Musk stated that Optimus can walk on highly variable ground using neural nets.
- Future plans for Optimus include incorporating computer vision, improving its walking style, and ensuring safe falls to minimize damage.
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CarExpert
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Tesla Model Q: Cut-price EV launching in 2025 – report
- Tesla is reportedly planning to launch an entry-level electric vehicle (EV) called the Model Q in 2025.
- The Model Q will be built on Tesla's existing lines and is expected to have a price tag of under $30,000, including subsidies.
- If the US EV tax credit is scrapped by the incoming President, the price of the Model Q will increase to $37,499.
- The Model Q could be a cost-cut version of the Model 3 or Model Y, potentially with smaller batteries and fewer features.
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Teslarati
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398
Image Credit: Teslarati
Swedish union pissed off because Tesla is still thriving despite strike: “It’s bullsh*t”
- Despite a year-long strike by Swedish union IF Metal and its allies against Tesla Sweden, the electric vehicle maker continues to thrive.
- Tesla has found a workaround by bringing cars into Sweden via ferry from Germany and Poland, bypassing the union blockades at the port.
- Union officials are frustrated and considering blocking ferry traffic altogether, but they are constrained by maritime regulations.
- The strikes have affected Tesla to some degree, but the company is still heading towards a successful year in terms of vehicle sales.
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Medium
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Image Credit: Medium
The Future of Transportation: Robotaxis Revolutionizing the Way We Travel
- Robotaxis are revolutionizing transportation by bringing improved safety, increased efficiency, enhanced mobility, and reduced traffic congestion.
- The technology behind robotaxis includes a sensor suite, mapping and localization, motion forecasting, and decision-making AI systems.
- Waymo, Uber, and Lyft are among the companies leading the charge in robotaxi development.
- The challenges in the development of robotaxis include technical complexities, regulatory hurdles, and gaining public acceptance.
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Teslarati
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Image Credit: Teslarati
GM to cut funding for Cruise in pivot away from commercial robotaxis
- General Motors (GM) plans to cut funding for its driverless robotaxi company Cruise and focus on autonomy development in personal vehicles.
- GM will bring its autonomy development program in-house and focus on building out its Super Cruise driver assistance system.
- The decision is due to the time and resources needed to scale the robotaxi business and the increasing competition in the market.
- GM expects the restructuring plan to decrease spending by over $1 billion per year upon completion.
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Teslarati
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Tesla is Morgan Stanley’s ‘Top Pick’ and gets a fresh new price target
- Tesla is Morgan Stanley’s “Top Pick” with a new price target of $400.
- Shares have climbed over 50% since President-elect Donald Trump was chosen by the American people.
- Morgan Stanley notes the EV maker's prowess in non-EV ventures, autonomous driving, and artificial intelligence.
- Morgan Stanley lead Adam Jonas remains bullish on Tesla, supporting the price target boost.
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Teslarati
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Tesla’s plan for added Cybercab safety measure revealed
- Tesla plans to use teleoperations as an additional safety measure for its driverless taxi and ride-hailing service, according to an investor's note from Deutsche Bank.
- The teleoperations will serve as a backup for Cybercab's camera-based self-driving system, allowing for safety and redundancy.
- Tesla aims to produce two million Cybercabs per year and is looking at non-redundant camera-based systems for long-term use.
- The company also plans to introduce wireless charging and an autonomous cleaning robot to make the vehicle fully independent.
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Zycrypto
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Elon Musk’s Bitcoin Holdings Surge to $2 Billion as Asset Crosses $100,000
- Elon Musk’s cryptocurrency investments have soared to staggering new heights, with the combined Bitcoin holdings of Tesla and SpaceX reaching an estimated value of $2 billion.
- Bitcoin crossed the $100,000 price mark, peaking at $103,900 on December 5.
- Tesla holds 11,509 BTC valued at approximately $1.17 billion, while SpaceX owns 8,285 BTC, worth $842 million.
- The combined holdings of Tesla and SpaceX rival those of governments like El Salvador, making them significant players in the Bitcoin market.
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Teslarati
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Image Credit: Teslarati
Tesla and India get the latest chapter in their story with new interest
- Tesla is once again looking for showroom space in New Delhi, indicating a potential interest in manufacturing vehicles in India.
- The automaker is reportedly in talks with DLF, a leading real estate development firm in India, to secure space for a showroom in the capital region.
- Although there is no guarantee of Tesla establishing a showroom in India, CEO Elon Musk has expressed confidence in investing in the country in the future.
- This development marks a new chapter in the ongoing story of Tesla's interest in India.
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Teslarati
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Elon Musk reveals what Tesla stock surge could do to Bill Gates
- Elon Musk reveals that if Tesla's stock surge continues, it could bankrupt even Bill Gates.
- Gates holds a short position in Tesla and is worth $108 billion.
- Tesla's recent stock surge has burned short sellers, with shares skyrocketing above $400.
- Musk and Gates have had a strained relationship, with Musk declining philanthropy discussions due to Gates' short position on Tesla.
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Chargedevs
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Image Credit: Chargedevs
Nissan’s Energy Charge Network adds access to 17,800 Tesla Superchargers
- Nissan Ariya drivers now have access to 17,800 Tesla Superchargers within the Nissan Energy Charge Network.
- The total number of public chargers in the network is now more than 100,000 in the US and 25,000 in Canada.
- Nissan EV owners will need a Nissan-provided NACS adapter kit, available for $235, to access Tesla Supercharger stations.
- The Nissan Energy Charge Network also includes access to other charging networks such as Electrify America, Shell Recharge, ChargePoint, EVgo, and more.
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Evannex
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Image Credit: Evannex
The Buzz Around Volkswagen's 2025 Rebirth of an Icon
- Finally, the 2025 Volkswagen ID Buzz, the all-electric homage to the iconic VW Microbus, has arrived in the market. The ID Buzz embraces its hippy roots boldly with its upright front end and playful two-tone color schemes, promising to attract the attention of EV lovers, petrolheads, and treehuggers alike.
- The ID Buzz packs more punch than its predecessor with 282 horsepower for the rear-wheel-drive version and 335 for the 4Motion model, adding Volkswagen's suite of advanced driver assistance technologies like IQ.DRIVE and Park Assist Plus with Memory Parking means you've got yourself a ride that even the most tech-savvy modern-day hipster would approve of.
- Inside, you'll find clean lines, an expansive dash, an exquisite blend of comfort, storage, and passenger versatility, offering just enough retro design cues to make it feel special amidst its industry-leading third-row legroom, a greenhouse-sized 67-inch panoramic glass roof, and several customizable seating arrangements.
- The all-new ID Buzz sports a pair of vintage-style sliding rear windows, a nod to Volkswagen's first bus, showcasing its commitment to truly capturing the fun and soul of the original transporter we all know and love.
- The ID Buzz comes with a 91-kWh battery, and the rear-wheel-drive models boast an EPA-estimated range of 234 miles, while 4Motion all-wheel-drive models are rumored to be good for 231 miles. It is equipped with a fast-charging lithium-ion battery system, providing users with a +75% charge in just 30 minutes using high-speed chargers.
- The new ID Buzz starts at an eye-watering price of $59,995, rising to about $68,000 for the AWD model. However, with the demand for this cult classic outstripping supply, there's no stopping VW from carving out their social niche for the new generation of drivers looking for an adventure.
- The 2025 Volkswagen ID Buzz is a revival of a classic vehicle and an equally classic lifestyle that resonates with a whole new generation of drivers while simultaneously bridging the gap with those of us who were around the first time, helping put the original Volkswagen Bus on the map.
- This new rendition promises to strike a balance between nostalgic appeal and real-world functionality, and while it might not be the perfect vehicle for everyone, it’s sure to capture the hearts of those who appreciate its clever blend of history, innovation, and general functionality.
- If you're an EV enthusiast, new or old hippie, or an automotive aficionado, the 2025 VW ID Buzz is the freshest and newest face worth talking about in the EV world, and it could very well be the beginning of turning the tide for an equally sustainable future.
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