Category: Automotive

Tesla’s Jeff Dahn Unveils Million-Mile Battery Cell

It’s only a matter of time before battery research pushes EVs to the forefront. Not long ago, we apprised you of Tesla battery researcher Jeff Dahn’s outlook on electric car batteries that could offer a massive shifting point for EVs. We also shared an exclusive interview with the battery guru via Sean Mitchell’s AllThingsEV YouTube channel.… Continue reading Tesla’s Jeff Dahn Unveils Million-Mile Battery Cell

New Russian limousine harks back to Soviet era 09.09.2019

Dubbed the Putin limo, the Aurus Senat is a Russian-built limousine in the shape of the famous ZIL sedan that once carried Soviet leaders.The global luxury car market is expected to rise from its initial estimated value of $101 billion in 2018 to $246 billion by 2026, due rising levels of disposable incomes.Sales of premium cars probably have peaked globally, threatening the business model of Germany’s luxury automakers, according to analyst Philippe Houchois, managing director of Jefferies Group.

Flying taxi startup Volocopter raises $55 million in round led by Volvo parent Geely

German air taxi startup Volocopter raised €50 million ($55.3 million) in a funding round led by Geely, the Chinese parent company of Volvo Cars, the company announced. The new funds will be put toward achieving Volocopter’s goal of launching a commercial air taxi service powered by its 18-rotor electric aircraft “within the next three years.”… Continue reading Flying taxi startup Volocopter raises $55 million in round led by Volvo parent Geely

Uber will spend $200 million to expand its Uber Freight trucking venture

Uber will invest $200 million and hire thousands of engineers to bolster its two-year-old long-haul trucking venture, Uber Freight, the company announced today. The expanded business will be headquartered in a newly opened office in downtown Chicago where it will house up to 2,000 engineers that Uber plans to hire over the next three years.… Continue reading Uber will spend $200 million to expand its Uber Freight trucking venture