Founders: Robert Falck (CEO), Linnéa Kornehed-Falck, Filip LiljaLaunched: 2016Headquarters: Stockholm, SwedenFunding: $652.3 millionValuation: N/AKey technologies: Artificial intelligence, autonomous vehicles, machine learningIndustry: AutomotivePrevious appearances on Disruptor 50 List: 1 (No. 13 in 2023) Persephone Kavallines In the U.S., the consumer EV market is most notable lately for its struggles, with adoption rates undercutting expectations and major automakers pulling… Continue reading 19. Einride
Category: US Motoring Press
First ride in 2025 Volvo EX90 as testing wraps up
The Volvo EX90 will go into production in the coming months, more than 18 months after it was first revealed, with the Swedish brand promising its new electric flagship SUV will set new standards for safety. The large SUV, which will sit alongside the combustion-engine XC90, was first shown back in November 2022. Manufacturing will… Continue reading First ride in 2025 Volvo EX90 as testing wraps up
Seat Leon update brings 62-mile PHEV and upgraded infotainment
The Seat Leon has been updated with a range of more efficient petrol and plug-in hybrid powertrains, as well as upgraded interior technologies. The entry-level 1.0-litre turbo petrol engine has been replaced with an updated version of the larger 1.5-litre turbo unit. It sends 114bhp and 162lb ft of torque – 6bhp and 14lb ft more… Continue reading Seat Leon update brings 62-mile PHEV and upgraded infotainment
Stellantis to launch Leapmotor T03 as ultra-affordable EV for Europe
Stellantis will bring Chinese electric car maker Leapmotor T03 supermini and C10 SUV to European markets – including the UK – beginning in September. The multinational giant paid £1.3 billion for a 21% stake in the eight-year-old Chinese firm and exclusive export rights late last year. The T03 and C10 are the first of a… Continue reading Stellantis to launch Leapmotor T03 as ultra-affordable EV for Europe
New-look Kia EV6 boosts range and upgrades tech
The Kia EV6 has received a major update that brings its styling into line with its newer siblings, as well as a new battery that boosts its range. The new look brings adaptive LED headlights inspired by those on the larger Kia EV9, plus the upcoming EV3 and EV5. The front grilles have also been expanded,… Continue reading New-look Kia EV6 boosts range and upgrades tech
Apollo Tyres’ APMEA President Satish Sharma to retire
Apollo Tyres Ltd today said Satish Sharma, President of the company’s Asia Pacific, Middle East, and Africa (APMEA) division will retire from the company on May 31. “Satish Sharma wishes to take early retirement to pursue his personal interests and hence has tendered his resignation as a Whole-time Director of the company and consequently as… Continue reading Apollo Tyres’ APMEA President Satish Sharma to retire
Apollo Tyres’ FY24 net profit up 65%; Q4 profit down 14% YoY
Apollo Tyres Ltd today reported a 65 percent on-year growth in its net profit for the financial year 2024 on the back of robust operating performance. However, net profit during the quarter fell around 13.7 percent on a year-on-year basis. The tye maker’s consolidated profit for the full financial year came in at Rs 1,722… Continue reading Apollo Tyres’ FY24 net profit up 65%; Q4 profit down 14% YoY
Tata Motors sees recovery in small commercial vehicles after bottoming out
Tata Motors spoke of a turnaround in the small commercial vehicle (SCV) segment in a post-earnings call with analysts, even as the company held on to its market share in the trucks and intermediate commercial vehicle segment. “Green shoots are starting to emerge in the small commercial vehicle space as well, which is something that… Continue reading Tata Motors sees recovery in small commercial vehicles after bottoming out
Tata Motors sees recovery in small commercial vehicles after bottoming out
Tata Motors spoke of a turnaround in the small commercial vehicle (SCV) segment in a post-earnings call with analysts, even as the company held on to its market share in the trucks and intermediate commercial vehicle segment. “Green shoots are starting to emerge in the small commercial vehicle space as well, which is something that… Continue reading Tata Motors sees recovery in small commercial vehicles after bottoming out
Siemens Limited announces Capex of over Rs 1000 crore
Siemens Ltd, a supplier of transmission to transportation sector, announced a capex of over Rs 1000 crore for expanding its factories in India. Sunil Mathur, Managing Director and CEO, Siemens Limited, said, “Over the past few years, India has made rapid strides as a preferred destination for manufacturing and business. We believe that with the… Continue reading Siemens Limited announces Capex of over Rs 1000 crore