Union.ai Raises $10M in Seed Funding

Clockwise from front left: CTO Haytham Abuelfutuh, Software Engineer Yee Hing Tong, COO George Snelling, Software Engineer Katrina Rogan and CEO Ketan Umare (PRNewsfoto/Union.ai) Union.ai, a Bellevue, Wash.-based provider of an open source workflow orchestration platform, closed a $10m seed funding round. The round was led by NEA with additional participation from a select group of… Continue reading Union.ai Raises $10M in Seed Funding

Why EV startups should’ve hit the brakes before merging with a SPAC

The blank-check boom that made real many electric vehicle manufacturers’ dreams of going public may be nearing a close. One such company, Faraday Future, is even in danger of being delisted, according to a filing with the U.S. Securities and Exchange Commission last week. Faraday Future, Lordstown Motors, Lucid Motors, Nikola, and Canoo — nearly… Continue reading Why EV startups should’ve hit the brakes before merging with a SPAC

Cruise expands Walmart autonomous delivery pilot in Arizona

Cruise, the self-driving car unit of General Motors, has expanded its autonomous delivery pilot with Walmart in Arizona. The company will now be doing limited deliveries for customers in Chandler, in addition to Scottsdale. The news comes a couple of months after Cruise had teased the expansion at a public meeting with Arizona state legislators,… Continue reading Cruise expands Walmart autonomous delivery pilot in Arizona

Lucid launches a faster, more expensive version of its flagship EV

Lucid Motors announced Tuesday a high-performance companion to its long-awaited Lucid Air luxury sedan: a 1,050-horsepower grand tourer with a 446-mile range. The $179,000 Lucid Air Grand Touring Performance Model will arrive in June, following customer deliveries of the automaker’s long-awaited flagship model, the 819-horsepower Lucid Air Grand Touring full-size sedan that can travel up… Continue reading Lucid launches a faster, more expensive version of its flagship EV

Honda plans to launch 30 EVs by 2030, including two sports cars

Honda will globally introduce two electric sports models, a specialty and a flagship model. Honda Honda this week said it plans to spend 5 trillion yen, or nearly $40 billion, over the next 10 years to advance its electric vehicle strategy, through R&D and other investments. The Japanese automaker aims to launch 30 EV models… Continue reading Honda plans to launch 30 EVs by 2030, including two sports cars

Fisker announces India HQ in Hyderabad in anticipation of entry into Indian EV market

American automaker Fisker announced it is expanding to a second headquarters in Hyderabad, India. The Indian footprint joins Fisker’s current HQ, engineering, and product development facilities in Southern California and will soon provide software and virtual vehicle development. The rebirth of the SoCal-based EV automaker Fisker Inc., led by Henrik Fisker, continues to make strides… Continue reading Fisker announces India HQ in Hyderabad in anticipation of entry into Indian EV market

Nissan USA nixes multiple trims for 2023 LEAF EVs, updates exterior but not much else

Nissan Motor Corporation debuted the 2023 model year versions of the LEAF today for the US market, sharing updated exteriors to the LEAF S and LEAF SV Plus – the only EV trims of the long-tenured EV to be sold when they arrive this summer. The LEAF is Nissan’s lone BEV offering for sale, despite… Continue reading Nissan USA nixes multiple trims for 2023 LEAF EVs, updates exterior but not much else

Honda to invest $40 billion in EVs and $340 million in solid-state batteries, but will rely on hybrids well into 2030s

Honda CEO Toshihiro Mibe has truly begun to wake up and smell the EV coffee lately, making several big announcements in 2022 that pertain to expanded electrification. In its latest news, Honda plans to invest about $40 billion over the next decade to deliver 30 BEVs around the globe. Despite this effort and additional funds… Continue reading Honda to invest $40 billion in EVs and $340 million in solid-state batteries, but will rely on hybrids well into 2030s

Bosch picks up Five.ai after the self-driving startup pivoted to B2B and then put itself up for sale

Consolidation is moving ahead in the world of autonomous driving, with the latest development coming out of Europe. Today, Bosch announced that it would be acquiring Five.ai, the autonomous driving startup that started with big ambitions to build and operate its own fleet of robotaxis but ultimately pivoted to focusing on technology development as a… Continue reading Bosch picks up Five.ai after the self-driving startup pivoted to B2B and then put itself up for sale

Tesla accelerates hiring for Optimus robot project, develops ‘overall humanoid software architecture’

Tesla is ramping up hiring for its Optimus robot project, also known as Tesla Bot, as it starts using its AI expertise to develop its “overall humanoid software architecture”. As we previously reported, it feels like the Tesla Bot project went from a side project for the company to a top priority in a very… Continue reading Tesla accelerates hiring for Optimus robot project, develops ‘overall humanoid software architecture’