DeLoreans Are Apparently Coming Back as Electric Cars

Literally back to the future. Great Scott! The DeLorean Motor Company, or at least the entity now using that name, says bringing back the iconic car from “Back to the Future” — and this time, it’s luxuriously electric. In a 15 second teaser video uploaded to Twitter shortly before the Super Bowl, the company showed off… Continue reading DeLoreans Are Apparently Coming Back as Electric Cars

The EV boom is being fueled by underpaid, underfed cobalt miners

Andre clocks into his job at the Kamoto Copper Company (KCC) in the Democratic Republic of Congo at 7 in the morning, and he leaves at 6 at night. The work is physically demanding, and while KCC provides Andre with lunch, he says the food quality is poor, and he’s often hungry afterward. He is… Continue reading The EV boom is being fueled by underpaid, underfed cobalt miners

The Polestar 5 will be built atop a ‘bespoke’ bonded aluminum platform

The Polestar 5 will be cut from a different cloth than its predecessors when it launches at the end of 2024. Polestar announced on Tuesday that its upcoming electric performance sedan will ride atop an entirely new, lightweight bonded aluminum platform rather, than the welded design used by the 1 and 2. Polestar Because welding… Continue reading The Polestar 5 will be built atop a ‘bespoke’ bonded aluminum platform

Mundimoto raises $22.6M to expand online used motorcycle platform into Europe

Mundimoto, an online motorcycle buying and selling startup, has raised $22.6 million (€20 million) to expand its platform beyond its home country of Spain and into Europe, starting with Italy and Holland. The company plans to hire 50 engineers and 250 new employees to advance the technology product and support international expansion. The round was… Continue reading Mundimoto raises $22.6M to expand online used motorcycle platform into Europe

SoftBank’s Vision Fund 2 leads $100m round in China’s Sobot

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading SoftBank’s Vision Fund 2 leads $100m round in China’s Sobot

Tesla (TSLA) is reportedly receiving competing bids for second Gigafactory in China

Tesla (TSLA) is receiving competing bids for a second Gigafactory in China, according to new documents released by a Chinese province. The automaker said that it expects to announce a new factory location this year. Tesla currently operates two main factories, Tesla Fremont and Gigafactory Shanghai, and it has Gigafactory Texas and Gigafactory Berlin slowly… Continue reading Tesla (TSLA) is reportedly receiving competing bids for second Gigafactory in China

Billionaire who flew to orbit with SpaceX buys three new missions to deep space

Jared Isaacman, the billionaire who flew to Earth orbit on SpaceX’s Crew Dragon capsule last year, plans to fly with SpaceX again. Today, Isaacman announced that he’s purchased three additional upcoming flights with SpaceX, a series of missions called “Polaris” that would take him deeper into space on the company’s spacecraft. Isaacman, who made his… Continue reading Billionaire who flew to orbit with SpaceX buys three new missions to deep space

Waabi’s new simulator could scale autonomous vehicle tech faster

Testing autonomous vehicles on public roads is an expensive and time-consuming endeavor, and one that Raquel Urtasun, former chief scientist at Uber ATG, doesn’t think is the most expedient route to market. Waabi, Urtasun’s self-driving truck technology startup that launched last June, has come out with a key component of its strategy to scale its… Continue reading Waabi’s new simulator could scale autonomous vehicle tech faster

Lamborghini wants to continue manufacturing gas-powered cars into the 2030s

Lamborghini hopes it can continue producing cars with internal combustion engines into the next decade, CEO Stephan Winkelmann told German newspaper Welt am Sonntag this week. “After hybridization, we will wait to see whether it will be possible to offer vehicles with an internal combustion engine beyond 2030,” he said in an interview with the… Continue reading Lamborghini wants to continue manufacturing gas-powered cars into the 2030s

Formula E is a great cure for F1 withdrawal

Like millions of other people, I’ve been enthralled by Drive to Survive on Netflix which means I’m also newly obsessed with the world of Formula 1. I’m all in. I have the calendar reminders set. I watch all the practices if work permits. It has really become a thing, which means that since the season ended,… Continue reading Formula E is a great cure for F1 withdrawal