Hyundai developed an in-car payment system that will debut in its upcoming all-electric Ioniq 5 crossover that will offer drivers the ability to find and pay for EV charging, food and parking — the latest example of automakers finding new ways to generate revenue and offer customers features that are typically associated with smartphones. When… Continue reading Hyundai is launching in-car payments in the all-electric Ioniq 5
Author: Tech Crunch Online News
Lordstown Motors slashes production forecast for its electric pickup
Lordstown Motors’ cash-rich SPAC dreams have turned out to be nothin’ more than wishes. The automaker reported Monday a disappointing first-quarter earnings that was a pile-up of red-ink-stained negativity. Lowlights include higher-than-expected forecasted expenses, a need to raise more capital and lower-than-anticipated production of its Endurance vehicle this year — from around 2,200 vehicles to… Continue reading Lordstown Motors slashes production forecast for its electric pickup
Lyft, Uber kick off free COVID-19 vaccine rides program
Uber and Lyft have officially started to offer free rides to anyone traveling to get a COVID-19 vaccine, two weeks after the ride-hailing companies announced an agreement with the White House to offer the program. The free rides will last through July 4, the date when President Joe Biden wants 70% of U.S. adults to… Continue reading Lyft, Uber kick off free COVID-19 vaccine rides program
The Station: London scooter winners and Ford’s most important EV
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to… Continue reading The Station: London scooter winners and Ford’s most important EV
Emitwise raises an extra $3.2M from ArcTern Ventures for its greenhouse gas emissions platform
Emitwise, a startup that claims its AI platform can measure greenhouse gas emissions from companies and their supply chains, has added to its seed funding round by $3.2 million, bringing its total seed funding raised to $6.6 million. ArcTern Ventures led the $3.2m raise. Also participating were Angel investors including Peter Harrison, the CEO of… Continue reading Emitwise raises an extra $3.2M from ArcTern Ventures for its greenhouse gas emissions platform
Chinese startup Pony.ai can now test driverless vehicles in three California cities
Chinese robotaxi startup Pony.ai has been given permission by California regulators to pilot its autonomous vehicles without a human safety driver behind the wheel in three cities. While dozens of companies — 55 in all — have active permits to test autonomous vehicles with a safety driver, it’s far less common to receive permission for… Continue reading Chinese startup Pony.ai can now test driverless vehicles in three California cities
Ford and SK Innovation announce battery manufacturing joint venture BlueOvalSK
Ford Motor Company and Seoul, South Korea-based SK Innovation signed a memorandum of understanding to establish a joint venture to domestically manufacture batteries for electric vehicles, the two companies said Thursday. The new venture, dubbed BlueOvalSK, will produce around 60 GWh annually starting mid-decade. The MOU is the latest sign that Ford intends to vertically develop… Continue reading Ford and SK Innovation announce battery manufacturing joint venture BlueOvalSK
Virtuo raises $96M for its streamlined take on car rentals
Car ownership has become pricey and untenable in many towns and cities in Europe: between congestion charges to reduce emissions, parking fees, and traffic, many consumers opt instead to use public transportation, two wheels, cabs or their own legs to get around. To add to that mix for longer journeys, today a startup that’s building… Continue reading Virtuo raises $96M for its streamlined take on car rentals
Arrival’s Denis Sverdlov on the new era of car manufacturing
‘If your business doesn’t have a technology element, then it doesn’t have a future’ Rebecca Bellan 7 hours Electric vehicle company Arrival wants to break the current auto manufacturing model. Instead of one giant factory and an assembly line, Arrival’s commercial electric vans, buses and cars are robotically built in small, regional microfactories, of which… Continue reading Arrival’s Denis Sverdlov on the new era of car manufacturing
Kia’s fast-charging EV6 electric crossover is coming to the U.S. in early 2022
The Kia EV6, an all-electric crossover that kicks off the automaker’s Plan S strategy to shift away from internal combustion engines and toward EVs, will come to the U.S. early next year, the company said Tuesday evening during a live streamed event in New York. The EV6 is the first dedicated battery-electric vehicle to built… Continue reading Kia’s fast-charging EV6 electric crossover is coming to the U.S. in early 2022