Tag: SUVs

Apple Home Devices, Car Veteran DJ Novotney Exits for Top Rivian Auto Product Role
Technology

Apple Home Devices, Car Veteran DJ Novotney Exits for Top Rivian Auto Product Role

[ad_1] An Apple Inc. veteran who led work on home devices and helped start efforts to develop an electric vehicle is leaving for Rivian Automotive Inc., marking yet another senior departure for the iPhone maker, informed colleagues Friday of his exit, according to people with knowledge of the matter. He will become senior vice president of vehicle programs at Rivian, the maker of electric SUVs and pickup trucks, and report to Chief Executive Officer RJ Scaringe, said the people, who asked not to be named discussing unannounced matters. Novotney, who worked at Apple for nearly 25 years, was known as a senior lieutenant to many of the company's top hardware engineering executives. He was instrumental in the development of several generations of the iPod and iPhone, and was tapped by forme...
A two-speed electric car market is heading for a crash
Technology

A two-speed electric car market is heading for a crash

[ad_1] The world's auto industry is accelerating in two directions at once. Unless those contradictions are resolved, carmakers risk running themselves off the road.In China and Europe, the transition to electric vehicles is gathering pace. Battery-powered autos made up nearly a quarter of sales in both markets in August, according to Morgan Stanley, with plug-in hybrids lifting the total share to 38% and 28%, respectively. Things look very different in the US and India, where penetration is struggling to break north of 10%, and in Japan, where it's on life support at 3%. Honda Motor Co. said last week it was dropping plans to build a sub-$30,000 EV with General Motors Co., while GM and Ford Motor Co. and have pushed back targets for boosting sales of battery vehicles. Even Elon Musk ha...