Ouster, a lidar company that went public this year via a SPAC merger, said it would acquire solid-state lidar startup Sense Photonics in an all-stock deal that was valued at around $68 million at close of markets on Monday. Once the acquisition is complete, Ouster said it would establish a new business arm, Ouster Automotive,… Continue reading Lidar developer Ouster agrees to buy Sense Photonics as it takes aim at the auto industry
Category: Tech News
Category Added in a WPeMatico Campaign
India: Ola acquires GeoSpoc to develop next-generation location technology …
Ola, India’s largest mobility platform, on Tuesday, said it has acquired GeoSpoc, a leading geospatial services provider in India. Making the announcement on a blog post, Bhavish Aggarwal, co- founder and CEO, Ola said, “Dhruva and his team of Geospatial scientists and engineers will be joining Ola to develop technologies which will make mobility universally… Continue reading India: Ola acquires GeoSpoc to develop next-generation location technology …
Tesla must pay $137 million in discrimination lawsuit
Tesla has been ordered to pay $137 million in damages to a former Black worker who accused the company of turning a blind eye to discrimination and racial abuse at the company’s EV plant in Fremont California, the Washington Post has reported. A San Francisco federal court jury awarded the judgement — reportedly one of… Continue reading Tesla must pay $137 million in discrimination lawsuit
The Station: Inside the Rivian R1T and its IPO filing
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. Welp, it was an EV heavy week, starting with the Polestar SPAC and ending with the Rivian IPO filing (curses to the late Friday regulatory filing). Oh, and… Continue reading The Station: Inside the Rivian R1T and its IPO filing
Tesla claims Rivian is stealing ‘trade secrets’ about its ‘next-gen battery’ in expanding lawsuit
Tesla, which is already suing Rivian and former employees hired by the electric pickup truck startup, is expanding its lawsuit against the company. It now claims that Rivian is stealing its “trade secrets” about battery technology. Rivian has been one if not the most serious electric vehicle startup since Tesla, and part of why the… Continue reading Tesla claims Rivian is stealing ‘trade secrets’ about its ‘next-gen battery’ in expanding lawsuit
Tesla (TSLA) announces Q3 2021 deliveries: a new record of 241,300 electric cars
Today, Tesla (TSLA) released its Q3 2021 delivery and production numbers – confirming it achieved again new records. The automaker managed to deliver 241,300 electric vehicles during the last quarter. Earlier this month, we reported on CEO Elon Musk telling employees in a company-wide call that “‘this is the craziest month of deliveries Tesla (TSLA)… Continue reading Tesla (TSLA) announces Q3 2021 deliveries: a new record of 241,300 electric cars
Rivian’s IPO filing is now public
Electric vehicle startup Rivian, which started deliveries of its R1T pickup truck in September, released its filing to become a publicly traded company in the United States. The S-1 document, which was filed Friday with the U.S. Securities and Exchange Commission, does not include terms for its offering. The company filed confidentially for its IPO… Continue reading Rivian’s IPO filing is now public
Foxconn will build EVs for Lordstown Motors and Fisker at Ohio plant
Foxconn will build electric vehicles for Lordstown Motors as well as its other partner Fisker Inc. at a former GM factory in Ohio, under an agreement announced Thursday. Lordstown Motors, the beleaguered electric vehicle company that became publicly traded via a merger with a special purpose acquisition company, said Thursday it reached a nonbinding agreement… Continue reading Foxconn will build EVs for Lordstown Motors and Fisker at Ohio plant
Aurora shines spotlight on autonomous truck tech, strategy ahead of SPAC merger
On Interstate 45 in Texas, a billboard with “Aurora” emblazoned at the top in giant white letters offers a cryptic message: “A new way to drive is on the horizon.” It’s hard to know just how many of the thousands of drivers on this stretch of road know what that means or what Aurora is;… Continue reading Aurora shines spotlight on autonomous truck tech, strategy ahead of SPAC merger
Android Auto now works in Tesla vehicles through the browser
A developer managed to get Android Auto working in Tesla vehicles through the web browser and an app on Google Play. One of the most requested features by Tesla owners is enabling phone mirroring apps like Android Auto and Apple Carplay. At one point, CEO Elon Musk said that Tesla was working on phone projection… Continue reading Android Auto now works in Tesla vehicles through the browser