Einride, the Swedish autonomous vehicle startup known for its futuristic pods designed to haul freight, has raised $25 million in a Series A round that will be used to fund its expansion into the United States. The round was co-led by EQT Ventures and NordicNinja VC, a fund backed by Panasonic, Honda, Omron and the… Continue reading Autonomous trucking startup Einride eyes US market with $25 million in new funding
Category: Automotive
Dyson kills its electric car project and turns to solid-state batteries
Dyson said it will end its electric vehicle project after determining it could not make the car commercially viable or find a buyer. The company, known for its high-tech vacuum cleaners and fans, said in a statement Thursday that its automotive team had developed a fantastic car, but decided to close the project. Dyson also… Continue reading Dyson kills its electric car project and turns to solid-state batteries
Why venture capital firms need culture experts
When Susan Fowler’s 2017 blog post shined a light on Uber’s raucous culture, outlining rampant harassment and sexism, a debate erupted. What role do the deep-pocketed investors behind the company, those who allowed it to scale to monstrous proportions, have in developing and nurturing its culture? Entrepreneurs and venture capitalists themselves wondered aloud, how involved… Continue reading Why venture capital firms need culture experts
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Beautiful design and high performance combine as never before with the latest collaboration between premium smartphone maker OnePlus and McLaren, the racing and technology brand and creator of luxury, high performance sportscars and supercars. Announced today, the new OnePlus 7T Pro McLaren Edition draws inspiration from signature McLaren design and celebrates the brand’s relentless pursuit… Continue reading Read more
Dealers cite reconditioning work as the biggest barrier to a fast sale
Reconditioning work is the biggest delaying factor in getting a vehicle on sale according to 85% of dealers. The results of Manheim’s latest dealer sentiment survey show that 42% of dealers said that it takes an average of 3-4 days to list a newly-sourced vehicle, while just under a quarter reported an average of 5-6… Continue reading Dealers cite reconditioning work as the biggest barrier to a fast sale
Britain’s James Dyson scraps electric car project
* Project was not commercially viable
* Company said the car was a technical success
* Tried but failed to find a buyer
* Will seek to redeploy 500 engineers working on project (Adds further details)
LONDON, Oct 10 (Reuters) – James Dyson, the inventor of the bagless vacuum cleaner, has cancelled his ambitious plan to build an electric car because the project was not commercially viable.
Dyson said his engineers had built a “fantastic car” and that the project was not being closed due to any failures in research and development.
“However, though we have tried very hard throughout the development process, we simply can no longer see a way to make it commercially viable,” he told staff on Thursday.
The company had tried to find a buyer for the project but had not succeeded, he said.
Dyson announced two years ago that his engineers had been working a on a secret automotive project, building on its expertise in batteries and electric motors to develop a vehicle.
The company bet that its ba..
Renault CEO denounces ‘coup’ at Renault -Les Echos
PARIS, Oct 10 (Reuters) – Renault's CEO Thierry Bollore denounced on Thursday as a “coup” his potential exit from the French carmaker, which has called a board meeting on Friday.
Thierry Bollore told Les Echos newspaper he was appealing to the key Renault shareholder, the French state, to avoid destabilising Renault.
LEVC expands UK network with three new dealerships
The London EV Company (LEVC) has increased its regional presence across the UK by opening three new dealerships. The new retailers in Nottingham, Slough and Southampton will offer sales and aftersales support. LEVC’s existing retail network is spread across 12 UK cities. The new dealers will help underpin local authorities’ efforts to improve urban air… Continue reading LEVC expands UK network with three new dealerships
Toyota Giraffe Configuration Fix
If you are reading this, it’s probably because you got an alert that looks like the one below. This means that your EON isn’t reading CAN data from the stock camera. Technically, this is an acceptable configuration: openpilot detects if the stock camera is disconnected and, if so, generates all the CAN messages to mock… Continue reading Toyota Giraffe Configuration Fix
Our Hardware Future
As many of you who follow us know, comma is striving to be as consumer friendly as possible. We built panda and giraffe in a different time, when ADAS technology on cars was brand new, chffr was still a product, and it was unclear what we would do to gain traction. panda and giraffe were… Continue reading Our Hardware Future