BlackRock's Stakeholder Capitalism BlackRock's CEO doubles down on the link between profit and purpose. He believes purpose-driven companies deliver better and more sustainable returns in the long run. As a result, all stakeholders (including shareholders) benefit. Fast Company Model T vs. EV Ford's CEO may turn its business lines into two separately listed companies. [...]
How soon will self-driving cars impact how you get to work and your home from a night on the town? Automakers, ride-sharing firms and tech startups are forging loose alliances in an effort to advance self-driving technology and claim a piece of what is expected to be a multi-billion-dollar business. General Motors (GM) plans to have [...]
Is the momentum of electric vehicles (EV) increasing or leveling off in the automotive world? The following events should provide an indication. Jaguar introduced its first all-electric vehicle. Jaguar said its new concept, the I-PACE, is expected to deliver 516lb-ft of instant torque, 400 HP and 0‑60 mph in around 4 seconds. Tesla entered into [...]
In order to help recover from its diesel emissions difficulties and focus more on faster-growing market segments, Volkswagen is shifting its focus to include electric vehicles and autonomous driving. Volkswagen’s forecasts suggest that electric vehicle sales will be between two and three million units in 2025, equivalent to between 20 percent and 25 percent of [...]
While they are known for producing cars, automakers are realizing that continuing to focus on vehicles in the traditional sense is not a strategy for success in the future. As a result, automotive companies are adjusting their approach to business. According to NBC News, Ford plans to put more emphasis on what can be called [...]
You may have seen countless online videos of self-driving cars or the recent 60 Minutes episode showing one being tested on a highway near Silicon Valley. This is because autonomous driving has been a goal for the automotive industry for decades. As the online videos and 60 Minutes episode show, autonomous driving is close to [...]
BMW is reportedly developing an all-electric crossover aimed squarely at the upcoming Tesla Model X. According to Automotive News, the unnamed SUV has yet to be approved by BMW’s board of directors. The report, originally appearing in a German business magazine, was dismissed as “speculation” by a BMW spokesperson. That being said, BMW CEO Harald [...]
Vehicle infotainment (VI) is a marketing buzzword. An electric vehicle that is directly competitive in price to a combustion engine vehicle is an aspiration for the distant future. An optical, head-mounted display (think Google Glass) is a novelty for a pedestrian with discretionary funds. These statements may sound valid, but they are not as accurate [...]
Earlier this year, Tesla's CEO, Elon Musk, shared his plans to build a gigafactory to manufacture enough lithium-ion battery packs by 2020 to power as many as 500,000 electric vehicles. Since then, he has been wasting little time to make these plans a reality. This month, Forbes.com and Automotive Engineer magazine reported that Tesla has [...]
General Motors (GM) realized that Ford was onto something when Ford used aluminum in the body of its 2015 F-150 pickup. The use of aluminum enabled Ford to reduce the fullsize truck’s weight by 700 pounds which undoubtedly is going to impact its gas mileage in a positive way. Not wanting to be outdone, GM [...]