Charge Enterprises developed electrical charging for dealerships, hotels and other organization consumers. They made as much as $750 million annually in profits however generally had losses.
GM and Stellantis were amongst the funders and consumers of Charge Enterprises. In August 2023, GM, Honda, BMW, Mercedes-Benz, Hyundai, Kia, and Stellantis revealed a $1 billion financial investment to set up 30,000 EV charging stations throughout North America by 2030.
Stellantis partnered with Charge Enterprises in 2023 to set up EV battery chargers at its 2,600-plus dealers throughout the United States. They set up battery chargers for Volvo, Ford, and General Motors.
GM backed self driving cars and truck business Cruise, which offered self driving automobiles for robotaxi service. Cruise has stop robotaxi operations across the country and laid off a great deal of its personnel.
Nikola makes electrical and hydrogen powered trucks and deserved as much as $80 billion however is now worth about $800 million. In 2020, GM got 11% ownership in start-up Nikola.
In 2022, GM stated they would invest $11-13 billion each year to make the switch to electrical cars and trucks.
In October, 2023, GM stated it no longer will offer EV production target and has actually postponed or canceled electrical vehicle associated jobs.
Brian Wang is a Futurist Thought Leader and a popular Science blog writer with 1 million readers each month. His blog site Nextbigfuture.com is ranked # 1 Science News Blog. It covers lots of disruptive innovation and patterns consisting of Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Understood for recognizing cutting edge innovations, he is presently a Co-Founder of a start-up and fundraising event for high prospective early-stage business. He is the Head of Research for Allocations for deep innovation financial investments and an Angel Investor at Space Angels.
A regular speaker at corporations, he has actually been a TEDx speaker, a Singularity University speaker and visitor at various interviews for radio and podcasts. He is open to public speaking and recommending engagements.
