CNBC Marathon revisits General Motors’ shift into the electric vehicle market. GM is one of the largest automakers in the world with a range of models falling under its four brands, Chevy, Buick, Cadillac, and GMC.
Chapters: 00:00 Why GM’s all-electric future is a big gamble (Published September 2021) 15:17 The rise of electric boats (Published April 2022) 27:13 Why GM says its Ultium platform will drive EV dominance (Published May 2022)
The automaker made its name selling gas burning cars but in January 2021, it made a stunning announcement. The company said it “aspires to eliminate tailpipe emissions from new light-duty vehicles by 2035.” This means that GM intends to stop selling gas-burning cars. General Motors says it wants to lead electric vehicle sales in North America by 2025, and vows that its new Ultium battery platform will drive that dominance.
Not only are cars going electric but so are boats. General Motors recently invested $150 million in one start-up, Pure Watercraft, to build an electric pontoon boat. And several others are working to bring their own battery-powered offerings to market. CNBC Marathon brings together the best of CNBC on YouTube.
Hundreds of thousands of predominantly young professionals have left Russia since its invasion of Ukraine, an exodus that is denting Russia’s growing tech sector.
WSJ reporter Georgi Kantchev explains who is leaving, why, and what long-term effects their departure could have on the Russian economy and society. Plus, how is TikTok changing children’s brains? Luke Vargas hosts.
Tesla’s FSD Beta, which stands for ‘full-self driving’ beta, can best be summarized as a host of new driver assistant features that are not yet debugged. Chief among them is “autosteer on city streets,” which enables drivers to automatically navigate around complex urban environments without moving the steering wheel with their own hands.
Elon Musk has promised driverless cars since 2016, but FSD is not even close to a fully autonomous vehicle yet. The beta program is heavily scrutinized by regulators and has earned Tesla side-eye from competitors, who usually have professionally trained drivers, not customers, test driver assist features in their vehicles.
But for now, FSD Beta still available for thousands of Tesla owners to access, without the knowledge of drivers and pedestrians around them. CNBC went for a ride with three FSD Beta testers in different parts of the country to see how the system performs in the real world and explore what this program could mean for the future of vehicle automation.
Creative agency wolfgang LA has unveiled the thundertruck, an electric offroader with futuristic looks. Although just a proposal for now, the multipurpose EV promises ‘superior on and off-road performance’ and ‘an entirely new level of versatility and functionality’, all with zero emissions.
Foxconn, the Taiwanese company known for assembling Apple products, has unveiled three electric-vehicle prototypes. WSJ’s Stephanie Yang attended the launch event to see how the company is diversifying its business to gain a foothold in the auto industry. Photo: I-Hwa Cheng/Bloomberg News
A selection of three essential articles read aloud from the latest issue of The Economist. This week: Xi Jinping’s campaign against China’s capitalist excesses, how to revive Britain’s stockmarket (10:11), and electric motor city (18:33).
General Motors plans to phase out nearly all of its gas and diesel vehicles by 2035. Leading that transition is the first fully electric Cadillac. WSJ’s Mike Colias visited a GM testing site for a ride and an exclusive interview with GM’s President Mark L. Reuss. Photo Illustration: Alexander Hotz
Traffic SpaceNomad: THE “READY-TO-GO” CAMPER. With its four or five seats and its compact size, the SpaceNomad can be used as a normal passenger car for everyday use.
▪ Renault resented at the CARAVAN SALON in Düsseldorf, All-new Trafic SpaceNomad will be added to the Renault catalogue at the beginning of 2022. After Switzerland, it will be marketed in five other European countries
▪ Converted by French campervan manufacturer Pilote, All-new Trafic SpaceNomad is available in two lengths with four or five seats. Its pop-up roof creates space for two large beds as well as a shower and kitchenette so travellers can set off on their journeys without having to worry about accommodations
▪ Renault will share its hippie-chic vision of the campervan with its Hippie Caviar Hotel show car, alongside the iconic Estafette campervan ▪ All-new SpaceClass Escapade and Master Campervan will complete the Renault offer at the Düsseldorf Motor Show
Electric-vehicle entrepreneurs are working on the industry’s biggest bottleneck: charging infrastructure. Companies are building more chargers, but it may not be enough to make EVs work for people who can’t plug in at home. Photo illustration: Carlos Waters/WSJ