Lordstown Motors is looking to essentially loan out some space at the massive former General Motors factory it owns, as the troubled startup gets closer to building its first production-quality Endurance pickup trucks later this year. Interim CEO Angela Strand shared Wednesday that Lordstown is in “serious discussions… with several potential partners” who may build… Continue reading Lordstown Motors pivots to renting space at former GM factory
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Lordstown will deliver its Endurance truck to “selected early customers” early next year
The beleaguered EV startup Lordstown Motors is on-track to begin production of its flagship electric truck Endurance, but only select customers will begin to receive vehicles early next year, executives said during a second quarter earnings call. Executives struck a cautious tone in the second-quarter earnings call as they tried to assuage shareholder concerns and… Continue reading Lordstown will deliver its Endurance truck to “selected early customers” early next year
GM teases Chevy Silverado electric pickup with 4-wheel steering
GM has released a first official teaser for its upcoming Chevy Silverado electric pickup. The automaker is showing the electric pickup’s 4-wheel steering and turn radius. The GMC Hummer EV is going to be GM’s first all-electric pickup truck. However, when it was announced as a $80,000 “supertruck,” it was clear that it wouldn’t really… Continue reading GM teases Chevy Silverado electric pickup with 4-wheel steering
Hyzon Motors has begun shipping hydrogen fuel cell trucks to customers
Hydrogen-powered heavy-duty truck company Hyzon Motors said Wednesday it is ramping up operations in the wake of its merger with blank-check firm Decarbonization Plus Acquisition Corp., including shipping its first trucks to European customers. The company, which reported second-quarter earnings Wednesday, said it is also preparing to start its first customer trials in the United… Continue reading Hyzon Motors has begun shipping hydrogen fuel cell trucks to customers
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’