At its annual re:Invent conference, AWS today announced two new initiatives for the automotive industry. One is a new product, AWS FleetWise, a new service that makes it easier for automakers to collect and retrieve sensor and telemetry data from their vehicle fleets. The other is AWS Automotive, a broader, industry-specific initiative that brings together… Continue reading AWS launches new services for the automotive industry
Author: Tech Crunch Online News
Elon Musk shills a $50 Tesla Cyberwhistle with a joke about whistleblowers
Tesla has yet to produce its all-electric Cybertruck, but diehard fans who need to lay their hands on something new and associated with the highly anticipated and delayed vehicle can now buy a cyberwhistle for $50. Yes, a whistle. Tesla CEO Elon Musk tweeted Tuesday a link to the webpage for his 65.1 million followers to… Continue reading Elon Musk shills a $50 Tesla Cyberwhistle with a joke about whistleblowers
Via raises $130M to expand on-demand shuttle software business
On-demand shuttle and software company Via has raised another $130 million, capital that has pushed its valuation to about $3.3 billion as demand from cities to update its legacy transit systems rises. The round was led by Janus Henderson with participation from funds and accounts managed by BlackRock, ION Crossover Partners, Koch Disruptive Technologies and… Continue reading Via raises $130M to expand on-demand shuttle software business
Stellantis, Mercedes-Benz invest in solid-state battery developer Factorial Energy
Factorial Energy, a startup working on solid-state batteries for electric vehicles, has added two more major automakers to its investor sheet: Mercedes-Benz and Stellantis, both of which plan to co-develop batteries in separate joint collaboration agreements. Mercedes, a brand of Daimler AG, said it invested a “double-digit million dollar” amount in Factorial. Stellantis declined to… Continue reading Stellantis, Mercedes-Benz invest in solid-state battery developer Factorial Energy
Holoride debuts Ride crypto, the currency of its in-car metaverse
Holoride, the Audi-backed startup that’s creating an in-vehicle virtual reality entertainment system designed for passengers, has begun publicly selling its Ride cryptocurrency token. The launch of the crypto is the latest move by Holoride to build up its extended reality (XR) ecosystem of games and experiences created by a community of developers. Vehicle passengers keen… Continue reading Holoride debuts Ride crypto, the currency of its in-car metaverse
BMW combines M legacy and rockstar esthetic into a quick V8 hybrid SUV
BMW couldn’t mark the 50th anniversary of its high-performance M division with any ol’ concept vehicle. Instead, the German automaker tapped into a rock star aesthetic that would make David Lee Roth proud with a plug-in hybrid concept that merges V8 power with next level M design. The XM SUV plug-in hybrid concept — suitably… Continue reading BMW combines M legacy and rockstar esthetic into a quick V8 hybrid SUV
Stellantis locks in lithium supply agreement to secure EV battery materials
Stellantis, the global corporation formed through a merger between Fiat Chrysler Automobiles and French automaker Groupe PSA, signed a binding agreement with a lithium producer as more automakers look to secure key parts of the battery supply chain. The agreement is one in a flurry of deals between automakers and suppliers as the demand for… Continue reading Stellantis locks in lithium supply agreement to secure EV battery materials
Second-hand car auction platform Motorway hits Unicorn status after $190M raise with Index, ICONIQ
It was only in June that Motorway – a U.K. platform on which professional car dealers can bid in an auction for privately owned cars for sale – raised $67.7 million in a Series B round. It’s now raised a $190m Series C funding round led by Index Ventures and ICONIQ Growth, a leading Silicon… Continue reading Second-hand car auction platform Motorway hits Unicorn status after $190M raise with Index, ICONIQ
Uber to shutter most of its service in Belgium tomorrow after court ruling
Uber will halt its ride-hailing service in most of Belgium tomorrow following a court ruling Wednesday that extends a 2015 order banning its p2p UberPop service to also cover professional drivers providing its ride-hailing service. Uber told us that it is studying the detail of the ruling to decide whether to appeal the decision with… Continue reading Uber to shutter most of its service in Belgium tomorrow after court ruling
Ionity lands €700 million investment from BlackRock, automakers to expand EV fast-charging network
Ionity, an electric vehicle fast-charging charging network provider whose owners include Daimler AG and Volkswagen Group, has scored a €700 million ($783 million) investment from BlackRock Global and existing shareholders to expand its footprint across Europe. The company, which was founded in 2017, installs ultra-high-speed EV charging stations. It was launched as a joint venture… Continue reading Ionity lands €700 million investment from BlackRock, automakers to expand EV fast-charging network