Autonomous air mobility company Volocopter has added to the Series C funding round it announced in September 2019. The German electric vertical take-off and landing (eVTOL) aircraft maker announced €50 million ($54 million at today’s exchange rate) in funding at the time, and the C round has now grown to €87 million ($94 million) thanks… Continue reading Volocopter extends Series C funding to $94M with backing from logistics giant DB Schenker and others
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German Court Approves Site Preparation For Tesla Gigafactory 4
On Thursday, the Berlin-Brandenburg administrative court gave Tesla a green light to resume site preparation for the construction of the Tesla Gigafactory 4 in Grünheide, near Berlin in Germany. The work was temporarily stopped a few days ago as the court was looking into complaints from environmental activists. Now, the clearing of a tree farm can… Continue reading German Court Approves Site Preparation For Tesla Gigafactory 4
Is The Kandi K27 America’s Next Most Popular EV?
The US is known for its long roads, great travel distances, and love for big vehicles. Smart tried to convince Americans into “small is beautiful” and failed spectacularly. Any Chinese company should better have that in mind to sell here then, right? Kandi and SC Autosports, LLC, didn’t. And they are now trying to sell… Continue reading Is The Kandi K27 America’s Next Most Popular EV?
McAfee study raises the red flag on increasing threat of AI security
The connected electric vehicle is no doubt the megatrend in the automotive world. As AI (Artificial Intelligence) models and features continue to populate the new car launches, one basic question keeps popping up, exactly how secure are these? McAfee, an American global computer security software company that claims to be the world’s largest dedicated technology… Continue reading McAfee study raises the red flag on increasing threat of AI security
KARMA AUTOMOTIVE MAKES EUROPEAN DEBUT AT 2020 GENEVA INTERNATIONAL MOTOR SHOW
VIEW ALL () x Feb 20,2020 Karma’s Presence at GIMS 2020 Helps Launch Brand and its Products in Europe to Support Company’s Global Expansion Plans Southern California-based Luxury Electric Automaker Showcases its Growing Revero Family of Vehicles Karma’s Luxury Electric Revero Now Available through Karma EU Retailers Brand’s Future Driven by Two Core Technologies: Full-Electric… Continue reading KARMA AUTOMOTIVE MAKES EUROPEAN DEBUT AT 2020 GENEVA INTERNATIONAL MOTOR SHOW
Hennessey Performance Engineering Appoints Nathan Malinick as Director of Design
Sealy, Texas – Hennessey is excited to announce their hiring of Nathan Malinick to the position of Director of Design with immediate effect. He reports to Founder and President, John Hennessey. Nathan will serve as Director of Design overseeing design direction for both Hennessey Performance Engineering (HPE) as well as Hennessey Special Vehicles (HSV). As… Continue reading Hennessey Performance Engineering Appoints Nathan Malinick as Director of Design
Berlin-based scooter firm Tier extends funding round to $100 million
FILE PHOTO: Tier e-scooters are ready to use at the entrance to a pedestrian area in Frankfurt, Germany, August 8, 2019. REUTERS/Kai Pfaffenbach/File Photo BERLIN (Reuters) – Berlin-based kick scooter company Tier Mobility said on Friday it had extended an investment round to more than $100 million as it seeks to expand across Europe. Launched… Continue reading Berlin-based scooter firm Tier extends funding round to $100 million
Indian logistics startup Porter in talks to raise $30m at $120m valuation
The round is expected to be led by Swiss investor LGT, through its impact investment platform Lightstone Aspada, the people said. Founded by Pranav Goel and Uttam Digga in 2014, Porter is known as the ‘Uber for trucks’. The platform operates as a marketplace, wherein one can order mini trucks for intra-city handling from registered… Continue reading Indian logistics startup Porter in talks to raise $30m at $120m valuation
Fifth-generation MQB platform-based Volkswagen Caddy revealed
The new, fifth generation Volkswagen Caddy has been revealed with a larger interior capacity, plethora of new technology and three diesel engines to choose from. The new Caddy will come in panel van, MPV and camper form. Buyers will welcome the 93mm of extra length and 62mm of additional width over its predecessor, with extra width… Continue reading Fifth-generation MQB platform-based Volkswagen Caddy revealed
Hyundai Motor Company to Build World’s Biggest “Superfast Electric Vehicle Charging Station” in Seoul
Hyundai Motor Company is planning to open the world’s biggest superfast electric vehicle charging station in Seoul sometime during the first half of this year.It will also be the first time when an electric vehicle charging station will replace a spot where a large gas station used to be. This charging station will be able… Continue reading Hyundai Motor Company to Build World’s Biggest “Superfast Electric Vehicle Charging Station” in Seoul