China’s Contemporary Amperex Technology Co Ltd (CATL) on Tuesday launched a battery swap service for electric vehicles (EV) called EVOGO, which it said would allow drivers to change car batteries in one minute. The battery maker will set up swap stations in ten cities around China and users will be able to access the service… Continue reading China’s CATL launches service that lets users swap EV battery in a minute …
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UK self-driving startup Wayve raises $200m Series B from Microsoft, others
British self-driving technology startup Wayve said on Tuesday it has raised $200 million from investors to scale up its autonomous driving technology globally and launch more pilot projects with commercial fleet partners. The Series B funding round brings the startup’s total fundraising to $258 million and includes new investments from venture capital firms D1 Capital Partners, Moore… Continue reading UK self-driving startup Wayve raises $200m Series B from Microsoft, others
Ford signs 5-year agreement with Stripe to scale e-commerce
Ford Motor Company has signed a five year agreement with Stripe, an online payment processor, to scale the automaker’s e-commerce capabilities. Stripe will facilitate transactions for vehicle orders and reservations, handle financing options for Ford’s commercial customers and route customer’s payments from the automaker’s website to the correct local Ford or Lincoln dealer. Ford plans… Continue reading Ford signs 5-year agreement with Stripe to scale e-commerce
Elon Musk claims there has been no crash in Tesla’s Full Self-Driving Beta over a year into the program
Elon Musk claims that Tesla has not had a single crash in its Full Self-Driving Beta program since the start over a year ago, but that’s just as much proof that the testers are being careful as a proof that the system is safe. “Full Self-Driving Beta” (FSD Beta) is an early version of Tesla’s… Continue reading Elon Musk claims there has been no crash in Tesla’s Full Self-Driving Beta over a year into the program
Tesla refuses to adopt CarPlay, but this developer has a workaround
Over the weekend, Polish developer Michał Gapiński shared a fascinating look at CarPlay running on his Tesla Model 3. The automaker doesn’t support CarPlay, so this workaround – with some major caveats – will certainly grab the attention of those who have been asking for the functionality for years. Tesla writes its own software for… Continue reading Tesla refuses to adopt CarPlay, but this developer has a workaround
Tesla releases new Full Self-Driving Beta 10.9 software update, announces expansion in Canada
Tesla is starting to push a new version (10.9) of its Full Self-Driving Beta software update with some improvements, and Elon Musk announced an expansion of the test program in Canada. For more than a year now, Tesla has been slowly rolling out what it is calling “Full Self-Driving Beta” (FSD Beta), which is an… Continue reading Tesla releases new Full Self-Driving Beta 10.9 software update, announces expansion in Canada
The Station: Cali regulators eye Tesla FSD, Turo files to go public, Local Motors shuts down
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. 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. I’ll… Continue reading The Station: Cali regulators eye Tesla FSD, Turo files to go public, Local Motors shuts down
Subaru unveils a 1,073HP electric race car
Subaru is still new to EVs, but that isn’t stopping it from unveiling more ambitious projects. Electrek reports the automaker has introduced two concept EVs at the Tokyo Auto Salon, including its first all-electric race car. The STI E-RA Concept hints at Subaru’s upcoming track vehicle with 1,073HP of total power from its four Yamaha… Continue reading Subaru unveils a 1,073HP electric race car
Indonesia’s used cars platform Moladin closes $42m Series A round
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 Indonesia’s used cars platform Moladin closes $42m Series A round
J.B. Hunt will be Waymo’s first self-driving freight customer
Waymo Via, the autonomous vehicle company’s trucking and cargo transportation unit, is expanding its existing partnership with logistics company J.B. Hunt Transport Services from a pilot into a long-term strategic alliance. As part of the agreement, J.B. Hunt will be Waymo Via’s first launch customer for fully autonomous, driverless freight routes, which Waymo expects to… Continue reading J.B. Hunt will be Waymo’s first self-driving freight customer