Chipmaking giant Nvidia is investing $10 million in Uber spinout Serve Robotics, funds the startup will use to further expand its sidewalk delivery robot service outside Los Angeles and San Francisco. The investment – Nvidia’s first in the sidewalk delivery space – is part of a long-term collaboration that will see the two companies work… Continue reading Nvidia invests $10M in sidewalk robot delivery company Serve Robotics
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GM is working with PG&E to turn electric vehicles into a virtual power grid in California
General Motors and utility Pacific Gas and Electric are teaming up to determine how electric vehicles can be used to power people’s homes during a blackout — or even feed power back into the grid during times of peak demand. The pilot will take place in PG&E’s home state of California, where wildfires are putting… Continue reading GM is working with PG&E to turn electric vehicles into a virtual power grid in California
Self-driving startup Pony.ai valued at $8.5b after first tranche of Series D funding …
Self-driving tech company Pony.ai, backed by Toyota Motor Corp, has raised the first tranche of its Series D round of financing to reach a valuation of $8.5 billion, the startup announced on Monday. While it did not disclose the investors or financial details of the first tranche, Pony.ai said that the fresh capital brought its… Continue reading Self-driving startup Pony.ai valued at $8.5b after first tranche of Series D funding …
Tesla owner charged ~$600,000 at charging station because of a Supercharger bug
A Tesla owner in China was surprised with a ~$600,000 bill after a stop at a Supercharger station. The automaker says it was a bug. For years, Tesla never charged anything for its customers to charge at Supercharger stations. It was part of the owner’s experience and included in the price of its vehicles. This… Continue reading Tesla owner charged ~$600,000 at charging station because of a Supercharger bug
Aston Martin to develop battery cell technology with Britishvolt
British luxury carmaker Aston Martin has signed a Memorandum of Understanding with lithium-ion battery cell technologies company Britishvolt. The companies will work together towards developing battery cell technology designed for high performance cars. Aston Martin plans to launch its first battery electric vehicle in 2025, which is expected to be a direct replacement of one… Continue reading Aston Martin to develop battery cell technology with Britishvolt
Fetch raises $3.5M for its self-service truck rental marketplace
Once upon a time, I had a truck. I loved that truck! I didn’t actually use the truck as a truck all that often, so eventually I sold it and bought something more in tune with my daily needs. Something more “practical,” I suppose. I still miss that truck. Now the few times a year… Continue reading Fetch raises $3.5M for its self-service truck rental marketplace
Sony and Honda reveal plans to jointly make and sell electric vehicles
Sony’s current favorite big tease is playing at being a carmaker, and today it announced that it has signed a memorandum of understanding with real automaker Honda to discuss and develop that idea further. The two companies jointly announced that they would explore their intent to build a joint venture sometime this year, which would… Continue reading Sony and Honda reveal plans to jointly make and sell electric vehicles
Air taxi startup Volocopter raises $170m from Korea’s WP Investment, others …
German aviation startup Volocopter said on Friday it had raised $170 million from investors including funds run by Korean WP Investment in a new financing round as it seeks certification for its battery-powered flying taxi. Volocopter said the total funds it had raised jumped to $579 million and its pre-money valuation was at $1.7 billion. The company said… Continue reading Air taxi startup Volocopter raises $170m from Korea’s WP Investment, others …
Sony will partner with Honda on EVs, first available in 2025
Sony and Honda have signed a memorandum of understanding to jointly develop electric vehicles, with the first car becoming available commercially in 2025, reports Nikkei Asia. Sony has been making their EV ambitions more and more clear over the last few years, showing their VISION-S concept EV at the last three CES conferences. In each… Continue reading Sony will partner with Honda on EVs, first available in 2025
Volvo is testing wireless EV charging tech in Sweden
Volvo will put a wireless EV charging system through its paces as part of a program to test alternative charging options. A small fleet of electric Volvo XC40 Recharge cars will be used as taxis in Gothenburg, Sweden in a three-year pilot. The cars are equipped with a wireless charging system from Momentum Dynamics. Charging… Continue reading Volvo is testing wireless EV charging tech in Sweden