EV SPACs struggle, Mercedes shows its OS hand and Cruise passes the 1 million-mile mark


Autonomous Vehicle News

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The operating system will debut in its next-generation of vehicles expected to go into production by mid decade. The big takeaway, in terms of trends, is that EV SPACs are still struggling and the headwinds don’t seem to be abating. The company halted production and deliveries of its all-electric Endurance pickup because of performance and quality issues with certain components. The company had particularly strong growth in North America, where revenue rose 23% to €85.5 billion ($90 billion). Electrify America said that beginning March 6, 2023, the EV charging company will increase its per-kilowatt-hour (kWh) and per-minute pricing.