Innoviz Technologies Raises $132M in Series C Funding to Accelerate Solid-State LiDAR Production, Expand Team and Further R&D Efforts

This significant raise will support Innoviz’s commercialization of its leading InnovizPro and InnovizOne solid-state LiDAR solutions and address growing demand for cutting-edge autonomous vehicles (AV) technologies worldwide. View a live demonstration of Innoviz’s solid-state LiDAR solution in action here. The company is focusing expansion efforts in key automotive markets including the U.S., Europe, Japan and… Continue reading Innoviz Technologies Raises $132M in Series C Funding to Accelerate Solid-State LiDAR Production, Expand Team and Further R&D Efforts

GM to Invest $300 Million, Add 400 Jobs at Michigan Plant for New Chevrolet Electric Vehicle

ORION TOWNSHIP, Mich., March 22, 2019 /PRNewswire/ — General Motors is investing $300 million in its Orion Township, Michigan, assembly plant to produce a new Chevrolet electric vehicle that will bring 400 new jobs to the Orion plant. Today’s announcement is part of GM’s new commitment to invest a total of $1.8 billion in its United… Continue reading GM to Invest $300 Million, Add 400 Jobs at Michigan Plant for New Chevrolet Electric Vehicle

Goodyear, Envoy Technologies Pilot Digital Service Solution for Shared, On-Demand EV Fleets

AKRON, Ohio, March 21, 2019 /PRNewswire/ — As a leading supplier of tires and solutions for future mobility, The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced a new pilot program with Envoy Technologies, a provider of shared on-demand, community-based electric vehicles (EVs). The pilot, which launched early this year, is testing services aimed at minimizing… Continue reading Goodyear, Envoy Technologies Pilot Digital Service Solution for Shared, On-Demand EV Fleets