Automotive industry news

Here are some recent news and updates from the automotive industry:

Electric Vehicles

• Tesla's Model 3 becomes the best-selling electric vehicle in the US, with over 50,000 units sold in the first quarter of 2023. (Source: InsideEVs)
• Volkswagen announces plans to launch 50 new electric vehicles by 2025, with a goal of becoming carbon neutral by 2050. (Source: Autocar)
• Rivian, a new electric vehicle startup, raises $2.5 billion in funding and announces plans to launch its R1T pickup truck and R1S SUV in 2023. (Source: The Verge)

Autonomous Vehicles

• Waymo, a subsidiary of Alphabet, announces plans to launch a self-driving taxi service in Phoenix, Arizona, with a goal of expanding to other cities in the future. (Source: The New York Times)
• Cruise, a self-driving car startup, raises $1.5 billion in funding and announces plans to launch a self-driving taxi service in San Francisco in 2023. (Source: TechCrunch)
• Tesla announces plans to launch a fully autonomous driving system, called "Full Self-Driving" (FSD), which will allow its vehicles to drive themselves without human intervention. (Source: Electrek)

Connected Cars

• General Motors announces plans to launch a new connected car platform, called "Ultifi," which will allow its vehicles to communicate with each other and with the cloud. (Source: CNET)
• Ford announces plans to launch a new connected car platform, called "SmartLink," which will allow its vehicles to communicate with each other and with the cloud. (Source: Autoblog)
• Hyundai announces plans to launch a new connected car platform, called "Hyundai SmartSense," which will allow its vehicles to communicate with each other and with the cloud. (Source: The Verge)

Industry Trends

• The global automotive industry is expected to reach $7.4 trillion in value by 2025, driven by growth in electric vehicles, autonomous vehicles, and connected cars. (Source: Grand View Research)
• The COVID-19 pandemic has accelerated the shift towards online car buying, with many consumers opting for digital showrooms and online purchasing platforms. (Source: Automotive News)
• The automotive industry is facing a shortage of skilled workers, with many manufacturers struggling to find qualified technicians and engineers. (Source: The Detroit News)

Recalls and Safety Issues

• Ford recalls over 1.3 million vehicles due to a software glitch that can cause the vehicles to roll away while parked. (Source: The New York Times)
• General Motors recalls over 100,000 vehicles due to a faulty brake light switch that can cause the vehicles to stall. (Source: Autoblog)
• The National Highway Traffic Safety Administration (NHTSA) announces plans to investigate a potential safety issue with Tesla's Autopilot system, which has been linked to several accidents. (Source: The Verge)