Tag : Transportation

Tag: Transportation

Just raises $8M in its effort to beat Root at the car insurance game

Just Insure, a pay-per-mile insurance coverage know-how firm, has raised $eight million in a funding spherical. CrossCut Ventures, ManchesterStory and Western Know-how Investments co-led the funding, which brings its complete raised to $15.3 million...

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....

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...