Search results for Michigan
Mobility
U.S. Congress mulls annual $130 fee for EV drivers, saying they should pay road tax
The U.S. Congress is pushing legislation that would impose a separate annual fee of up to $130 on electric vehicle drivers, arguing they should contribute to road upkeep because EVs do not pay the federal gasoline tax. The bill would also charge plug-in hybrids $35 a year and raise the EV fee by $5 annually from 2029 to as much as $150. Industry and environmental groups say the plan amounts to a punitive tax that could hurt EV adoption.
Mobility
GM tops 1 billion miles on Super Cruise, targets hands-off, eyes-off driving by 2028
General Motors plans to equip the 2028 Cadillac Escalade IQ with Level 3 autonomous driving features, aiming to commercialise highway driving that lets the driver take hands and eyes off. GM says Super Cruise has surpassed 1 billion miles of cumulative driving and is available on about 750,000 vehicles, covering about 700,000 miles of roads in North America. The next-generation system adds lidar, expands testing and increases AI use in software development.
Industry
Bezos-backed Slate Auto bets on ultra-low-cost electric pickup priced under $20,000
U.S. electric vehicle startup Slate Auto is building a presence with an ultra-low-cost electric pickup strategy. It has drawn attention by securing 150,000 reservations, led by a price point under $20,000 and a highly customizable design. The company aims to start mass production by the end of 2026 and is reviewing a former printing plant in Warsaw, Indiana, as a production base. Changes to a $7,500 federal tax credit and management reshuffling are key variables.
-
Industry
Samsung Electronics outlines people-centred Galaxy design, aims for optimal fit
-
Industry
Combat drones shift from lithium-ion batteries to hydrogen fuel cells
-
Crypto
Bitcoin market on edge ahead of four key U.S. economic events this week
-
Industry
LG Energy Solution converts Tennessee plant to ESS production
-
Industry
Tesla signs $4.3 billion battery purchase deal with LG Energy Solution for ESS
-
Finance
KB Kookmin Bank recommends Yeon Tae-hoon as new outside director
-
Industry
K-battery big three look to ESS to offset EV losses
-
Industry
LG Energy Solution to buy 49 percent stake in Canada JV Nextstar Energy
-
Industry
LG Energy Solution signs 5 GWh ESS battery supply deal with Hanwha Qcells
-
Industry
LG Energy Solution steps up push into robot battery market
-
Industry
Yeo Han-koo steps up push to resolve trade issues at Davos forum
-
Crypto
Four U.S. economic events could sway bitcoin market this week
-
AI & Enterprise
LG AI Research says K-EXAONE proprietary AI model tops benchmark
-
Crypto
Countries may sell gold and buy bitcoin: five predictions for the cryptocurrency industry in 2026