by Joseph Szczesny | Feb 25, 2021
Joby Aviation, which plans to make electric flying taxis a reality, is the latest to use a SPAC to secure a listing on the New York Stock Exchange. Reinvent Technology Partners, a special purpose acquisition company, is preparing the NYSE listing for Joby. The Santa...
by Paul A. Eisenstein | Feb 11, 2021
(This story has been updated to include comments from organizers of the Chicago Auto Show.) Hope springs eternal, at least with auto show organizers who have had to cope with a pandemic that is now entering its second year. If all goes according to – the latest –...
by Paul A. Eisenstein | Feb 10, 2021
The Hyundai TIGER X-1 could find itself equally at home picking its way through the Amazon jungle or along the rubble-strewn lunar surface. The Korean automaker has been experimenting with what it calls “ultimate mobility vehicles,” last autumn setting up a new...
by Michael Strong | Jan 29, 2021
Toyota Motor Corp. took the next step forward with its Woven Planet enterprise laying out its plans, in particular, what Woven Capital, the $800 million investment fund established last fall, will be doing. The Japanese automaker offered an overview of the fund and...
by Paul A. Eisenstein | Jan 22, 2021
In his first week in office, President Joe Biden has made it clear that climate change is one of his top concerns, with plans to address issues like tailpipe emissions, fuel economy and the push for battery-electric vehicles on his agenda. The new president’s call for...
by Paul A. Eisenstein | Jan 12, 2021
General Motors Chairman and CEO Mary Barra is fond of saying the automaker is “on a path to an all-electric future,” something she underscored during a virtual CES webinar focusing on not only the automaker’s battery technology but also showing off some of the many...
by Michael Strong | Jan 4, 2021
During the last 20 years, Hyundai’s evolved from an automaker producing cheap, low-quality vehicles to a top-tier manufacturer with an expansive line-up of quality, stylish offerings appealing to a broad range of buyers. However, the company’s evolution, which began...
by Paul A. Eisenstein | Dec 22, 2020
2020. There are some years that pass by almost in a blur, but decades from now, as much as we might prefer to forget it ever happened, 2020 will be a year that will stand out in sharp and, for many, painful relief. Certainly, for those in the auto industry, there are...
by Joseph Szczesny | Dec 15, 2020
Editor’s Note: Finding that perfect item for the car nut on your shopping list gets tougher and tougher every year. TheDetroitBureau will be offering up some suggestions during the next few days in hopes spreading some holiday cheer — or easing the headache...
by Larry Printz | Dec 11, 2020
In a deal valued at $1.1 billion, Hyundai Motor Group is acquiring a controlling interest in Boston Dynamics from SoftBank Group Corp. Hyundai will hold an 80% stake in the company, with SoftBank retaining 20% through an affiliate. “The synergies created by our union...
by Paul A. Eisenstein | Dec 11, 2020
While lithium-ion batteries have improved significantly since the technology went into automotive production a decade ago, they still fall short of what some experts believe will be needed to make electric propulsion truly competitive with the internal combustion...
by Joseph Szczesny | Dec 10, 2020
Like a homeowner selling off used furniture and camping gear at the subdivision-wide garage sale, Uber is parting with another expendable piece of its mobility tech empire: Uber Elevate. Joby Aviation of Santa Cruz, California announced that it is purchasing Uber’s...
