With R1T trucks rolling off the assembly line at its factory in Normal, Illinois, Rivian continues to prepare for the official debut of its first EVs later this month. On Thursday, the automaker introduced a membership program that will grant Rivian owners access to complimentary charging at its soon-to-be-built Adventure Network and Waypoints chargers. It… Continue reading Rivian announces membership plan with complimentary charging and LTE connectivity
Category: Tech News
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Tesla unveils its ‘secret to a quiet cabin’: Proprietary ‘Tesla Glass’
Tesla has released a new video that unveils its “secret to a quiet cabin”: its propriety Tesla Glass. It is fairly rare for Tesla to produce marketing videos about its technology outside of actual special events, but the automaker decided to release one today about ‘Tesla Glass’. Back in 2016, we reported on the automaker… Continue reading Tesla unveils its ‘secret to a quiet cabin’: Proprietary ‘Tesla Glass’
Volta Trucks raises €37 million to bring electric delivery trucks to the streets of London and Paris
Trucking tends to be associated with highways, but it’s not uncommon to find large delivery vehicles trundling down the tightly packed streets of the world’s most populated cities. According to EV startup Volta Trucks, that’s far from ideal: in London, large commercial vehicles cause around 26% of pedestrian fatalities and around 80% of cyclist fatalities,… Continue reading Volta Trucks raises €37 million to bring electric delivery trucks to the streets of London and Paris
Taiwanese electric scooter maker Gogoro to go public via $2.35b SPAC deal
Taiwanese electric scooter maker Gogoro, which is partly backed by Singapore state investor Temasek, said on Thursday that it will go public through a merger with a blank-check company in a deal that sets its enterprise value at $2.35 billion. Gogoro – which has been pushing to expand overseas – will merge with Poema Global Holdings Corp,… Continue reading Taiwanese electric scooter maker Gogoro to go public via $2.35b SPAC deal
Xpeng Heitech seeks to deliver flying cars to customers in 2024
Xpeng Heitech, a flying car startup backed by electric vehicle maker Xpeng Inc, said on Wednesday that it would deliver flying cars to customers in 2024. The startup, founded in 2013 and funded by Xpeng and Xpeng‘s Chief Executive He Xiaopeng, now employs 400 people and will expand workforce to have 700 people by the end of this year, company’s founder Zhao Deli told World New Energy Vehicle Congress. Xpeng Heitech’s model… Continue reading Xpeng Heitech seeks to deliver flying cars to customers in 2024
Vahan Raises $8M in Series A Funding
Vahan, a Bangalore, India-based jobs & livelihood platform for blue-collar workers, raised USD 8m in series A funding. Madhav Krishna, Co-founder and CEO, Vahan The round was led by Khosla Ventures with participation from Airtel, SHAKTI VC (led by former Google exec Keval Desai with Eric Schmidt and Michael Dell as LPs), Pioneer Fund (Y… Continue reading Vahan Raises $8M in Series A Funding
Chinese EV maker Xpeng says it may consider acquisitions to expand capacity …
Chinese electric vehicle maker Xpeng Inc would consider acquiring less successful rivals to expand production capacity in the future, company President Brian Gu told reporters during a conference call. Xpeng is building two new factories in China. At the same time, the Chinese government is signaling it wants to see consolidation in the Chinese electric vehicle sector to… Continue reading Chinese EV maker Xpeng says it may consider acquisitions to expand capacity …
Canvas Raises $50M in Series C; Valued At $400M
Canvas, a San Francisco, CA-based diversity recruitment platform, raised $50m in Series C funding, bringing its valuation to $400m. The round was led by Owl Ventures, with participation from Sequoia, Lachy Groom, Zoom Apps Fund, HighSage Ventures, BAM Elevate and Fifth Down Capital. The company intends to use the funds to: expand its product into other… Continue reading Canvas Raises $50M in Series C; Valued At $400M
Rivian starts building R1T electric trucks for customers
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
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