Tag : Automotive

Tag: Automotive

Uber adjusts third-quarter forecast in light of increased gross bookings

Uber stated Tuesday that it might hit one measure of profitability within the third quarter, earlier than anticipated, because the ride-hailing firm saw good points in its supply and mobility companies. The ride-hailing service told regulators in a f...

Battery Resourcers raises $70M to grow closed-loop battery supply chain

Battery Resourcers, a startup that’s creating a closed-loop strategy to lithium-ion battery supplies, has raised $70 million in mid-round funding to scale its business operations throughout two continents. The company, which is predicated in Worceste...

The Station: Gogoro scoots into a SPAC, a Rivian milestone and Tesla prepares to unleash FSD beta software

The Station is a weekly publication devoted to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hey readers: Welcome to The Station, your central hub for all past, present and future means...

Eli EVs begins production, European rollout of Eli ZERO, a compact two-seater

Eli Electric Automobiles, an early stage compact EV manufacturer, introduced the start of manufacturing on its flagship Eli Zero, a micro “neighborhood electric car” that's built for metropolis commuting. The company plans to roll out sma...

India’s Cars24, a used-vehicle sales platform, raises $450M at a $1.84B valuation

The used automotive market is getting another major infusion of enterprise capital at the moment, with one of the quicker scaling startups out of India choosing up a serious round of financing to double down on progress: Cars24 — a website and...

How to meet the demand of EV infrastructure and maintain a stable grid

Andrew Tang Contributor Share on Twitter Andrew Tang is vice chairman of power storage and optimization at Wärtsilä Energy, which supplies options for renewable power integration and EV c...

Elon Musk praises Chinese automakers amidst regulatory scrutiny

An unusually scripted Elon Musk issued conciliatory and complimentary comments to Chinese automakers during a pre-recorded appearance at China’s World New Power Car Congress, putting a pose that is worlds away from his commentary fashion in the USA....

Tesla will open controversial FSD beta software to owners with a good driving record

Tesla CEO Elon Musk stated the corporate will use private driving knowledge to find out whether or not house owners who've paid for its controversial “Full Self-Driving” software program can access the newest beta version that promises extra automate...

Boston Dynamics owner Hyundai deploys Spot for factory safety monitoring

Back in June, Hyundai completed a deal for controlling curiosity in Boston Dynamics. The Korean automotive big little question has some grand plans for integrating the Massachusetts-based agency’s know-how into loads of their forward-looking concept...

Ryder to build logistics network with autonomous trucking company Embark

Provide chain and fleet management options company Ryder is partnering with yet one more autonomous trucking company. On Thursday, Ryder announced its plans to assist Embark launch a nationwide community of as much as 100 switch points that will prob...

GM extends Chevy Bolt EV production shutdown through mid-October

Common Motors is extending the shutdown of its Orion Assembly Plant till at the very least mid-October because of a battery pack shortage related to the lately introduced Chevy Bolt EV and EUV security recall. Bloomberg first reported that the compan...

Ford boosts spending to increase production capacity of its F-150 Lightning electric truck

Ford stated Thursday it'll invest another $250 million and add 450 jobs to extend manufacturing capability of its upcoming F-150 Lightning to 80,000 all-electric vans yearly. The announcement comes after receiving more than 150,000 pre-orders for the...