ChargePoint acquires Amsterdam-based electric fleet manager ViriCiti

ChargePoint has made its second acquisition since going public in March, purchasing European electric fleet management company ViriCiti for €75 million ($88 million) in cash. The news comes just a few weeks after the EV charging network operator announced the purchase of European charging software company has·to·be. Like the has·to·be buy, this newer deal will… Continue reading ChargePoint acquires Amsterdam-based electric fleet manager ViriCiti

First look at Tesla’s new vision-based Autopark feature

Tesla has started updating its Autopark feature with its new Tesla Vision computer vision system, which now powers Autopilot and its Full Self-Driving Beta. Like many other premium (and even non-premium) vehicles, Tesla vehicles have been equipped with an autonomous parking feature called ‘Autopark’. Tesla’s Autopark has been relying on ultrasonic sensors around the vehicles.… Continue reading First look at Tesla’s new vision-based Autopark feature

Southeast Asia’s car-sharing platforms ride surge in demand due to the pandemic

Premium The pandemic may have emptied the roads of Southeast Asia but it has also ushered in greater demand for car-sharing platforms in the region. Car owners seeking to earn through their idle vehicles and renters, who need a car to commute but are unwilling to splurge, have both flocked to these companies in the… Continue reading Southeast Asia’s car-sharing platforms ride surge in demand due to the pandemic

Audi’s new Skysphere concept is two cars in one

Audi invited us out to LA for a first look at their new Skysphere concept, which they will be showing at Pebble Beach this week. The car, while only a concept so far, gives us a glimpse into the future of Audi design and engineering, and we’re seriously here for it. When we first heard… Continue reading Audi’s new Skysphere concept is two cars in one

Mercedes-Benz confirms the electric EQS will cost over $100,000

Mercedes-Benz has confirmed that the EQS sedan, its flagship electric vehicle, will cost at least $100,000, as it began taking orders in Germany on Tuesday. The base model, which has a 90kWh battery pack and uses a single electric motor to power the rear wheels, starts at €106,374.10 — roughly $124,000. The more expensive dual-motor,… Continue reading Mercedes-Benz confirms the electric EQS will cost over $100,000

Jerry raises $75M at a $450M valuation to build a car ownership ‘super app’

Just months after raising $28 million, Jerry announced today that it has raised $75 million in a Series C round that values the company at $450 million. Existing backer Goodwater Capital doubled down on its investment in Jerry, leading the “oversubscribed” round. Bow Capital, Kamerra, Highland Capital Partners and Park West Asset Management also participated… Continue reading Jerry raises $75M at a $450M valuation to build a car ownership ‘super app’

Moove Raises $23M in Series A Funding

Moove, a Laos, Nigeria-based mobility fintech company, raised $23m in Series A funding. The round was led by Speedinvest and Left Lane Capital, with participation from DCM, Clocktower Technology Ventures, thelatest.ventures, LocalGlobe, Tekton, FJ Labs, Palm Drive Capital, Roka Works, KAAF Investments, Spartech Ventures, Class 5 Global, and Victoria van Lennep, co-founder of Lendable. Africa… Continue reading Moove Raises $23M in Series A Funding

A new Lamborghini Countach is coming, and it might be a hybrid

The official announcement that “the new Lamborghini Countach is coming” aims directly at anyone who had a picture of the iconic sports car on their wall as a kid. With a body covered in angles and show-stopping gull-wing doors, it was the perfect dream car for anyone who didn’t have a driver’s license or plans… Continue reading A new Lamborghini Countach is coming, and it might be a hybrid

The Station: An ADAS business bidding war, the gig worker fight heats up and Biden’s executive order

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Before… Continue reading The Station: An ADAS business bidding war, the gig worker fight heats up and Biden’s executive order

Workhorse is already redesigning its new electric van

Ohio-based startup Workhorse says it has to redesign its flagship electric van to meet customer needs, after finally getting the vehicle into production this past quarter following years of struggles. The company announced Monday morning that it needs to “revise the design [of] the vehicle” to increase the payload capacity, which has been reported to… Continue reading Workhorse is already redesigning its new electric van