At the start of the month, Rivian achieved a major milestone. The Environmental Protection Agency published official range estimates for the company’s R1T pickup truck and R1S SUV, putting both vehicles one step closer to an official launch. Rivian has now hit another important milestone. After months of building pre-production vehicles, this morning our first… Continue reading Rivian starts building R1T electric trucks for customers
Category: Tech News
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JB Straubel’s Redwood Materials is expanding into the battery materials business
Redwood Materials, the company started by former Tesla co-founder JB Straubel that aims to create a circular supply chain for batteries, is expanding its business. While it has been known primarily as a recycling firm, Redwood plans to simplify the supply chain by producing critical battery materials right here in the U.S. To get there,… Continue reading JB Straubel’s Redwood Materials is expanding into the battery materials business
Cash-strapped Evergrande warns of growing default risks as pressures mount
Cash-strapped property group China Evergrande Group said on Tuesday it has engaged advisers to examine its financial options and warned of default risks amid plunging property sales, sending its stock and bond prices sharply lower. The real estate giant has been scrambling to raise funds it needs to pay lenders and suppliers, with regulators and financial markets worried that any… Continue reading Cash-strapped Evergrande warns of growing default risks as pressures mount
Self-driving startup DeepRoute.ai nets over $300m Series B from Alibaba, others …
Self-driving technology developer DeepRoute.ai announced on Tuesday the completion of a Series B funding round at over $300 million, as the startup continues its commitment to advancing urban logistics and popularising robotaxis. The oversubscribed round was led by Chinese e-commerce giant Alibaba Group, with participation from Asia-based growth capital investor Jeneration Capital and a fund… Continue reading Self-driving startup DeepRoute.ai nets over $300m Series B from Alibaba, others …
Tesla tried to charge $22,500 for new battery pack when a $5,000 repair did the trick
Tesla has tried to charge a Model S owner $22,500 for a battery pack replacement out of warranty, but a third-party shop was able to fix the issue for a fraction of that cost. As a Tesla owner, one of the most common questions I get asked is, “How much does it cost if you… Continue reading Tesla tried to charge $22,500 for new battery pack when a $5,000 repair did the trick
The Station: Apple car shakeup, how Sept. 11 changed travel, and a pledge from airlines
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. Hi 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. Twenty… Continue reading The Station: Apple car shakeup, how Sept. 11 changed travel, and a pledge from airlines
Tesla rolls out Full Self Driving 10 beta with more confident decision making
If Tesla’s last big Full Self Driving beta was about enabling more semi-autonomous features off the highway, its newest release is focused more on helping you trust those features. Electrek notes Tesla has started rolling out a Full Self Driving 10 beta that, from early reports, appears to make smarter and more confident decisions off… Continue reading Tesla rolls out Full Self Driving 10 beta with more confident decision making
Tesla pushes its ‘mind-blowing’ Full Self-Driving Beta v10 to early access fleet
Tesla has started pushing its Full Self-Driving Beta v10 software, a version that CEO Elon Musk called “mind-blowing”, to its early access fleet. Are your minds blown yet? Mine is blown that Tesla actually stuck to the latest FSD timeline from Musk – “latest” being the keyword. We are coming up on almost a year… Continue reading Tesla pushes its ‘mind-blowing’ Full Self-Driving Beta v10 to early access fleet
Tesla Model S Plaid sets production EV record at Germany’s Nürburgring race course
Tesla set a new lap record for a production electric vehicle at Germany’s famed Nürburgring race course. A brand-new Model S Plaid completed the 12.9-mile lap in seven minutes and 30.9 seconds, beating a record set in 2019 by a Porsche Taycan by 12 seconds. The new record was confirmed by Tesla CEO Elon Musk… Continue reading Tesla Model S Plaid sets production EV record at Germany’s Nürburgring race course
GenXComm Raises $20M in Series B Funding
GenXComm, an Austin TX-based provider of private networking solutions, raised $20M in Series B funding. The round was led by Motive Companies, with participation from Raine Next-Gen Communications, BMW iVentures, Intel Capital, Azure Capital and Bandgap Ventures. The company intends to use the funds to accelerate product development and commercial launch of their private 4G… Continue reading GenXComm Raises $20M in Series B Funding