American electric vehicle (EV) start-up Lucid Motors has announced that it will reveal the Air – a luxurious saloon capable of 235mph – in production form at the New York motor show in April. First revealed in prototype form in December 2016, the Air is positioned as a rival to the Tesla Model S as well as conventionally… Continue reading Lucid Air: 235mph EV to be launched at New York motor show
Category: News Type
New Sono Sion solar car to be built at ex-Saab factory
German EV start-up Sono Motors has raised over €50 million (£42.5m) through crowdfunding, which it will use to produce the Sion, a solar electric vehicle (SEV). The Sion will be built by National Electric Vehicle Sweden (NEVS) at its factory in Trollhättan, once home to now-defunct manufaturer Saab, with production set to get underway in late… Continue reading New Sono Sion solar car to be built at ex-Saab factory
Jaguar I-Pace to join nationwide NHS fleet
A new deal between Jaguar Land Rover and the NHS will see 700 I-Pace electric SUVs made available for healthcare staff across the country. The cars will be available on a three-year lease plan via Northumbria Healthcare NHS Fleet Solutions for personal and business use, and paid for by employees via salary sacrifice. The I-Paces… Continue reading Jaguar I-Pace to join nationwide NHS fleet
UK Government doubles funding for EV infrastructure
The Department for Transport (DfT) will double its EV charger funding to £10 million, with a focus on residential chargers, as it seeks to encourage more urban dwellers to go electric. This is the second time the Government has doubled its EV infrastructure funding allowance; last August, £2.5m was allocated to the installation of EV chargers in… Continue reading UK Government doubles funding for EV infrastructure
Volkswagen ID 4 SUV to be revealed at New York motor show
Volkswagen‘s next ID production model, the ID 4 crossover, will be revealed at New York motor show in April. The new EV will retain many of the same exterior themes as the ID Crozz concept car, which was first shown in 2017. The electric crossover-style SUV will be an important part of the VW ID… Continue reading Volkswagen ID 4 SUV to be revealed at New York motor show
Equity: Uber sells its Eats business in India, Qonto raises, and Tesla says no
Good morning, friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Equity’s regular, long-form shows still land each and every Friday, including this entry from just a few days ago. This morning, coming to you early from the frozen tundra of the American East Coast, it’s Tuesday. That’s… Continue reading Equity: Uber sells its Eats business in India, Qonto raises, and Tesla says no
African fintech firm Flutterwave raises $35M, partners with Worldpay
San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa. With the funding, Flutterwave will invest in technology and business development to grow market share in existing operating countries, CEO Olugbenga Agboola — aka GB — told TechCrunch. The company will… Continue reading African fintech firm Flutterwave raises $35M, partners with Worldpay
Software Motor Company raises new $25 million round
SAN FRANCISCO, Jan. 21, 2020 /PRNewswire/ — Software Motor Company (SMC) has completed a $25 million financing round, including a first-time investment by BMW i Ventures. This fundraise will permit SMC to continue accelerating product development efforts and achieve new milestones. SMC intends to raise its final round in summer 2020. SMC has now raised… Continue reading Software Motor Company raises new $25 million round
UPDATE 1-Uber tests feature allowing some California drivers to set fares
FILE PHOTO: Uber’s logo is pictured at its office in Bogota, Colombia, December 12, 2019. REUTERS/Luisa Gonzalez/File Photo (Reuters) – Uber Technologies Inc on Tuesday said it is testing a feature that allows some drivers in California to set their own fares, hoping the change will help it show that its drivers are independent contractors… Continue reading UPDATE 1-Uber tests feature allowing some California drivers to set fares
Car maker: Opel is now also saving on design – and cutting 40 percent of jobs in the division
Opel Sketch The carmaker is thinning out its design division. (Photo: Opel) Munich Opel has been part of the French carmaker since 2017 PSA (Peugeot, Citroën, DS), but the brand with the flash emphasizes its independence at every opportunity. “In Rüsselsheim, all future Opel-Models designed and developed, “stated Opel boss Michael Lohscheller at an event… Continue reading Car maker: Opel is now also saving on design – and cutting 40 percent of jobs in the division