Fisker Making New EV in Ohio Starting at $29,900 before Incentives with Foxconn Partnership
February 15, 2022Fisker opens reservations for its second product, the PEAR, the Personal Electric Automotive Revolution.
Fisker opens reservations for its second product, the PEAR, the Personal Electric Automotive Revolution.
Peter Rawlinson, CEO & CTO of Lucid Motors, cruised around with Jay Leno and talked about the American made electric car that is being built in Arizona. He shared the major components are made in house, including the drivetrain, battery packs, and 100% of the state-of-the-art electric motors.”
DETROIT, LONDON and BOCA RATON, Fla., Jan. 18, 2022 – Ford (NYSE: F) and ADT Inc. (NYSE: ADT) will invest in a new joint venture called Canopy that combines ADT’s professional security monitoring and Ford’s AI-driven video camera technology to help customers strengthen security of new and existing vehicles across automotive brands.
“The combination of our technologies and our deep security experience creates a new category of protection for work and personal vehicles,” said Elliot Cohen, ADT chief business development officer. “Vehicles represent the second-most-valuable asset for consumers, and helping to protect them extends ADT’s safe, smart, and sustainable solutions far beyond the home.”
Canopy plans to launch industry-first, multi-sensor security systems with available professional monitoring early next year. The first products to be manufactured and sold will be available in the U.S. and the U.K. for the industry’s highest-volume commercial and retail pickups and vans – including the Ford F-150, F-150 Lightning, Transit vans and E-Transit – and will be easily installable by customers to protect expensive work and recreational equipment.
“Thieves have been even more active during the pandemic and know business owners store valuable equipment in vehicles, often hauling more than $50,000 of gear. Canopy is here for those who’ve had enough of thefts that threaten their livelihoods,” said Franck Louis-Victor, vice president, Ford New Business Platform. “Key to Ford’s software-led transformation are new ideas such as Canopy and collaborating with other innovators such as ADT, which brings to vehicle security their leadership protecting families, homes, and businesses.”
The FBI estimates[1] that stolen work equipment cost more than $7.4 billion in 2020 in the U.S., and theft of valuable work equipment is believed to be underestimated in stolen vehicle reports. Small business owners face even greater opportunity costs with the deferral or loss of jobs while replacing stolen items.
Canopy also plans to begin integrating camera security solutions in Ford vehicles next year for seamless protection inside and outside vehicles. Canopy will seek factory-vehicle integrations with other automakers over time.
Starting a Vehicle Security Revolution
Canopy’s first smart vehicle security system accessory offering will make use of acoustic sensors for vans, onboard cameras, radar, LTE, and GPS. The initial product will have a camera that can be mounted in either a van’s cargo area or on a pickup facing the bed. The platform will use AI technology to identify and report credible threats while reducing false alarm signals.
ADT monitoring agents can then contact customers, fleet managers, or police to take additional measures to help prevent theft. Credible threats will trigger additional responses, including audible alerts and programmable voice recordings and two-way audio in future updates.
The first-of-its-kind Canopy products will be sold through vehicle dealerships, major retailers, and online. Ford Pro will be an important launch partner delivering these solutions to commercial and government customers of all sizes, helping drive business forward and accelerate productivity at a global scale.
“Commercial customers around the world are laser focused on protecting investments from costly replacements that can impact their bottom lines,” said Ted Cannis, CEO, Ford Pro. “Canopy will help Ford Pro deliver another service to fleets helping to improve total cost of ownership by staying productive and avoiding downtime associated with stolen tools and damaged vehicles – including the majority with mixed fleets since Canopy technology will be available across brands.”
More Innovation to Come
The Canopy team has been developing and testing its first technologies for two years as part of Ford’s New Business Platform innovation incubation group. They will now be headquartered in Detroit and London and led by Interim CEO Christian Moran.
Canopy also will seek relationships with other automotive, insurance, and technology companies to expand offerings, explore insurance benefits for use of the technology, and co-create new innovations.
Ford and ADT’s investment in Canopy is subject to certain conditions, including regulatory approvals, and initial funding is expected to close in the second quarter of 2022. The partners expect to invest approximately $100 million during the next three years.
For more information, visit www.canopy.security
[1] U.S. Department of Justice, Federal Bureau of Investigation, Uniform Crime Report.
[2] Requires subscription to ADT professional monitoring tier
Ross Gerber@GerberKawasaki on twitter writes: Just to note. There has not been one accident or injury since FSD beta launch. Not one. Not a single one. In that time 20k people have died on the road in car accidents. Correct @elonmusk ? (Knock on wood)
Elon Musk responded with “Correct.”
Wow.
InsideEVs reports: Full Self-Driving Beta has been pushed to several thousands of customers since its initial rollout, with members of the fleet of testers being selected by Tesla through its safety test score.
FSD Beta enables the vehicle to drive autonomously to a destination entered in the navigation system, although the driver has to stay vigilant and ready to take control at all times.
We have seen many videos of Tesla cars almost causing a crash while running FSD Beta if it weren’t for drivers overriding the system to avoid a collision. On the other hand, we’ve also seen many videos where FSD Beta saved the day by detecting risks the human driver did not and acting accordingly. – Read More
Zero Motorcycles showcased their electric bikes in Washington D.C. this week.
Listen in on my interview with Paul Vosper, who is the CEO of JuiceBarEV, a U.S. manufacturer of EV charging stations.
Installed across the country already, including municipality and fleet contracts, the growth of this company seems to be sustainable for years to come as the EV charging industry is still at the ground level.
Mr. Vosper is a currently Forbes Council Member, former VP of PIMCO, former COO with Morgan Stanley Real Estate Partner Division, and has held the CEO title for JuiceBarEV since 2018.
My initial question was about the domestic production that was touted in their latest press release. “We are able to get the majority of major components from U.S. suppliers and half of those suppliers are within a 75 mile drive of our manufacturing facility in Connecticut.” – Paul Vosper, President of JuiceBarEV
Having interviewed many executives with each story intriguing me for different reasons, this was one of the most gripping so far to me. I sat in my Tesla in amazement as he shares the type of EV future he is seeing.
There could have been a lot better technical questions, so I’ll be asking some of you to help me for the next time I get a chance to interview him.
Working with the Ford Lightning and partnering with Ford, Paul also mentions a modular EV work truck, and the coming 750+ miles of charging capacity that future vehicles will have…
Juice Bar EV is a provider of premium electric vehicle charging station and the Green Garage Oasis Amenity Center. Our mission is to deliver an iconic product and a premium electric vehicle charging experience; providing value, freedom of payment choice, and technological innovation. We aim to provide facility owners the most customizable EV charging stations.
Go to JuiceBarEV.com to learn more about installing a JuiceBar in your fleets garage, government building, office, hotel, and more.