The SoftBank Vision Fund will invest $2.25 billion in GM Cruise Holdings LLC (GM Cruise), further strengthening the company’s plans to commercialize AV technology at large scale. GM will also invest $1.1 billion in GM Cruise upon closing of the transac…
Tag: Electric Car News
Audi e-tron prototype achieves Cd of 0.28 through highly sophisticated aerodynamic element
The better an electric car’s aerodynamics, the further it travels, which is why the Audi e-tron prototype has already recorded more than 1,000 hours on the test rig in the Ingolstadt-based Audi Wind Tunnel Centre. In what is notable as the world’s quie…
Schaeffler unveils 1,180-HP Audi RS3 electric concept with Formula E tech
Schaeffler has been active in ABB FIA Formula E, the world’s first electric racing series, from the first season. This makes the automotive supplier one of the pioneers of electric mobility that have believed in the vision of electric motorsport. The e…