BMW CEO says sees Toyota alliance going beyond 2025

By Reuters Staff 1 Min Read Oliver Zipse, CEO of German luxury carmaker BMW prepares for a statement after BMW donated protection masks and gloves to the Federal Agency for Technical Relief (THW), as the spread of the coronavirus disease (COVID-19) continues in Munich, Germany, April 8, 2020. REUTERS/Andreas Gebert FRANKFURT (Reuters) – BMW Chief… Continue reading BMW CEO says sees Toyota alliance going beyond 2025

EV maker Rivian reveals pricing, details for electric pickup, SUV

By Reuters Staff 2 Min Read FILE PHOTO: R.J. Scaringe, Rivian’s 35-year-old CEO, introduces his company’s R1T all-electric pickup truck at Los Angeles Auto Show in Los Angeles, California, U.S. November 27, 2018. REUTERS/Mike Blake (Corrects Nov. 11 story, changes headline to show pre-orders were already being taken but pricing and product information was newly… Continue reading EV maker Rivian reveals pricing, details for electric pickup, SUV

Fiat Chrysler and Engie agree to set up e-mobility joint venture

By Reuters Staff 2 Min Read FILE PHOTO: New Fiat Panda and Fiat 500 mild-hybrid cars are seen in piazza Maggiore, in Bologna, Italy, February 4, 2020. REUTERS/Flavio Lo Scalzo MILAN (Reuters) – Fiat Chrysler and Engie EPS, a part of French utility Engie that focuses on energy storage systems and microgrids, plan to set… Continue reading Fiat Chrysler and Engie agree to set up e-mobility joint venture

Uber-rival Bolt to invest over 100 million euros in European e-scooter market

By Tarmo Virki 2 Min Read TALLINN (Reuters) – Estonia-based ride-hailing service Bolt said on Thursday it would invest over 100 million euros ($118 million) in 2021 to become the largest e-scooter rental firm in Europe, at a time when cab services have been severely hit by the COVID-19 pandemic. The Uber Inc rival said… Continue reading Uber-rival Bolt to invest over 100 million euros in European e-scooter market

EV maker Rivian to start taking pre-orders for electric pickup, SUV

By Reuters Staff 1 Min Read FILE PHOTO: R.J. Scaringe, Rivian’s 35-year-old CEO, introduces his company’s R1T all-electric pickup truck at Los Angeles Auto Show in Los Angeles, California, U.S. November 27, 2018. REUTERS/Mike Blake (Reuters) – Electric vehicle startup Rivian said on Wednesday it would begin taking pre-orders for its electric pickup truck and… Continue reading EV maker Rivian to start taking pre-orders for electric pickup, SUV

BMW CEO says he is weighing options for mobility JV with Daimler

By Joseph White 1 Min Read FILE PHOTO: Oliver Zipse, CEO of German luxury carmaker BMW poses with a mask after BMW donated protection masks and gloves to the Federal Agency for Technical Relief (THW), as the spread of the coronavirus disease (COVID-19) continues in Munich, Germany, April 8, 2020. REUTERS/Andreas Gebert DETROIT (Reuters) –… Continue reading BMW CEO says he is weighing options for mobility JV with Daimler

Nikola discloses grand jury subpoenas from DOJ

By Reuters Staff 1 Min Read FILE PHOTO: U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and hydrogen fuel-cell battery trucks in Turin, Italy, December 3, 2019. REUTERS/Massimo Pinca (Reuters) – Nikola Corp and its founder Trevor Milton received grand jury subpoenas from the U.S. Department of Justice in… Continue reading Nikola discloses grand jury subpoenas from DOJ

Ford to add jobs to boost output of electric F-150, add electric van

By Joseph White 3 Min Read DETROIT (Reuters) – Ford Motor Co said on Tuesday it plans to hire 350 more U.S. workers to expand production capacity for its electric F-150 pickup truck in Michigan and add assembly of electric commercial vans at a plant near Kansas City, Missouri. FILE PHOTO: Ford Motor Co. displays… Continue reading Ford to add jobs to boost output of electric F-150, add electric van

Self-driving delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce

By Jane Lanhee Lee 2 Min Read (Reuters) – Self-driving delivery company Nuro, whose R2 unit has no pedals or steering wheel and only room for packages, said Monday it has raised $500 million as e-commerce gets a huge boost from the pandemic. Nuro joins other self-driving firms that raised big money this year. Earlier… Continue reading Self-driving delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce

Estonia’s Skeleton Technologies raises $48 million to fuel growth

By Tarmo Virki 2 Min Read TALLINN, Nov 3 (Reuters) – Estonian energy storage technology maker Skeleton Technologies said on Tuesday it has raised 41.3 million euros ($48 million) from a group of investors in one of the largest cleantech investment rounds in Europe this year. Tesla-rival Skeleton is the largest European manufacturer of ultracapacitor-based… Continue reading Estonia’s Skeleton Technologies raises $48 million to fuel growth