Category: Automotive

Zūm Secures Additional Funding from Citi Ventures

Zūm, a Redwood City, CA-based logistics platform for rides for school districts and families, secured additional funding from new investor Citi Ventures. The amount of the deal was not disclosed. It adds to the Series C round of $40m led by BMW i Ventures and supported by other new investors NGP Capital, Volvo Cars Tech… Continue reading Zūm Secures Additional Funding from Citi Ventures

Electric car startup Faraday Future gets $225 million bridge loan, but bridge to where?

After years of trouble trying to bring its first electric vehicle to market, Faraday Future (FF) is still surviving as it announces a new $225 million bridge loan, but a bridge to where? Ever since it came out of stealth mode, FF has been involved in controversy. First, it was lawsuits from vendors. Later, it… Continue reading Electric car startup Faraday Future gets $225 million bridge loan, but bridge to where?

DRIVE Labs: How We’re Building Path Perception for Autonomous Vehicles

Editor’s note: No one developer or company has yet succeeded in creating a fully autonomous vehicle. But we’re getting closer. With this new DRIVE Labs blog series, we’ll take an engineering-focused look at each individual open challenge — from perceiving paths to handling intersections — and how the NVIDIA DRIVE AV Software team is mastering… Continue reading DRIVE Labs: How We’re Building Path Perception for Autonomous Vehicles

Jaguar to move Land Rover Defender production to Slovakia

The plant was built with an initial capacity of 150,000 vehicles and started by taking over production of the carmaker’s Discovery model.The British government has been wary of carmakers moving production outside the country after the industry warned that it would face possible risks if Britain’s impending exit from the European Union is disorderly.The risks, including delays to the supply of parts and finished models, new customs bureaucracy, the need to re-certify cars and an up to 10 percent tariff on finished vehicles, have forced carmakers to draw up contingency plans and even briefly shut production at their plants.

GM Electric Pickup Planned To Take On Rivian, Ford, And Tesla – Motor1.com

Don’t expect to see the truck too soon, though. During the investor’s call announcing General Motors’ first-quarter financial results, CEO Mary Barra dropped a tantalizing bit of info that an electric pickup is in the automaker’s plan. Unfortunately, she didn’t offer any specific details about what brand would sell the model, according to Slash Gear.… Continue reading GM Electric Pickup Planned To Take On Rivian, Ford, And Tesla – Motor1.com

Bird Announces Monthly Scooter Subscription Service

Personal Scooting The electric scooter company Bird just unveiled a new subscription service: instead of hunting for an available unit and paying to activate it, customers can pay a monthly fee to get access to their own scooter for a full month. The new subscription service, currently available only in San Francisco and Barcelona, may… Continue reading Bird Announces Monthly Scooter Subscription Service

Velodyne Leads in Lidar Technology and Standardization

April 30, 2019 Velodyne is taking a leadership role in not only advancing lidar technology but also in advocating for autonomous vehicle (AV) community cooperation in addressing safety and standardization requirements for lidar sensors. Writing in Autonomous Vehicle International, Dieter Gabriel, marketing manager, Velodyne Europe, detailed Velodyne’s latest lidar sensors and discussed Velodyne’s call for… Continue reading Velodyne Leads in Lidar Technology and Standardization