Important Innovations

GM Is Pouring Billions of Extra Dollars into EVs, AVs, Fuel Cells & Battery Plants               Source: GM Electric Hummer & Self-Driving Cruise CEO Mary Barra's Electric & Autonomous Road GM is pouring billions of extra dollars into electric and autonomous vehicles.  The company is increasing spending by 75% or $35 billion by 2025.  CEO Mary Barra's goal is to build and sell 1 million electric vehicles (EVs) by 2025. These developments have just been disclosed. The $35 billion will also be used to build an additional two US battery plants on top of the two previously announced.  CEO Barra said that GM is aggressively investing in a "comprehensive and highly integrated plan to make sure that GM leads in all aspects of the transformation to a more sustainable future".  The investments are across a range of new technologies including EVs, autonomous vehicles (AVs), battery plants and GM's Hydrotec hydrogen fuel-cell ...

COVID-19 Accelerating Autonomous Deliveries Source:  Waymo Big Investor Money Pouring In COVID-19 is accelerating a big shift in the global autonomous driving industry.  Business is booming in the autonomous delivery of packages, not the autonomous driving of people.  Companies like self-driving technology company Waymo are enjoying a huge boom in its business of package deliveries and a big influx of capital from investors. Fresh Capital Big players like Waymo, which is owned by Google's parent company Alphabet, are getting a big jump in funding.  Waymo now has $3 billion in fresh capital after expanding its first funding round.  It just raised $750 million in mid May.  According to Reuters' analysis, investors have poured $6 billion into two dozen companies involved in autonomous deliveries in the past seven months.  The technology ranges from drones to big, autonomous trucks. Global Phenomenon:  Future of Travel.   T...

US Postal Service Testing Self-Driving Trucks Source:  TuSimple Autonomous Mail Hauling Truck Tests Now Underway The US Postal Service is testing self-driving trucks for long haul mail delivery between Phoenix and Dallas.  The autonomous trucks are being deployed from the San Diego startup TuSimple.  The project to test the feasibility of moving mail over the nation's highways by autonomous vehicles is underway for the next two weeks.  For a news blog go to Important Innovations Collection: Self-Driving US Mail Trucks : US Mail Tests Autonomous Truck Deliveries Source:  TuSimple Autonomous Truck Autonomous Mail Delivery The US Postal Service has start...