Stellantis CEO Carlos Tavares told the world this week, “I am very confident — I am trying not to be arrogant, just confident — of the fact that we are going to catch up in the next couple of years with Tesla and it’s going to be a very healthy competition.” The company released a… Continue reading Cleantechnica: Stellantis CEO Certain Company Can Catch Tesla 001793
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Luminar’s Austin Russell talks life post-IPO, AV deals and lidar’s future at TC Sessions: Mobility 2022
Achieving the vision of a world where fully autonomous vehicles are both safe and ubiquitous continues to be a long and winding road. Three complementary sensor technologies have emerged in the race to build vehicles that don’t require human intervention: camera, radar and lidar (light detection and ranging radar). Lidar, in particular, is widely considered… Continue reading Luminar’s Austin Russell talks life post-IPO, AV deals and lidar’s future at TC Sessions: Mobility 2022
The Station: Tier buys Spin, Waymo gets to charge for robotaxi and Tesla needs a Tim Cook
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. Your… Continue reading The Station: Tier buys Spin, Waymo gets to charge for robotaxi and Tesla needs a Tim Cook
Subaru retires the gas-powered WRX STI while it explores electrification
The next-generation Subaru WRX STI could be electric. In a press release shared by the automaker on Friday, Subaru says it has no plans to build a gas-powered STI based on this generation’s WRX platform. “Subaru Corporation is exploring opportunities for the next generation Subaru WRX STI, including electrification,” the company writes. “In the meantime,… Continue reading Subaru retires the gas-powered WRX STI while it explores electrification
Holoride’s in-car VR tech is coming to Audi this summer
Virtual reality is about to launch in series production cars this summer, starting with Audi sedans and SUVs. Holoride announced Saturday at the SXSW tech, music and film conference in Austin that its headset-based virtual-reality entertainment system will debut in June in certain Audi models with the latest MIB 3 software. The announcement is a… Continue reading Holoride’s in-car VR tech is coming to Audi this summer
Grimes Says That Elon Musk “Lives Below the Poverty Line”
“Bro does not live like a billionaire.” Grimy Living Conditions In a wild interview with Vanity Fair this week, gothy producer superstar Claire “Grimes” Boucher spilled the tea on what it was like living with now ex-boyfriend Elon Musk. “Bro does not live like a billionaire,” she told the magazine. “Bro lives at times below the… Continue reading Grimes Says That Elon Musk “Lives Below the Poverty Line”
Ford F-150 Lightning owners in California can use the EV to power homes
Power outages aren’t exactly rare in Northern California. In the coming months, residents who own a compatible electric vehicle — such as the Ford F-150 Lightning — will effectively be able to use it as a backup generator. Ford has teamed up with PG&E, the main energy provider in the region, for a bidirectional electric… Continue reading Ford F-150 Lightning owners in California can use the EV to power homes
Ride-hailing firm Didi said to halt Hong Kong listing plans …
Ride-hailing firm Didi Global Inc has suspended preparations for its Hong Kong listing after failing to appease Chinese regulators’ demand to overhaul its systems for handling sensitive user data, Bloomberg News reported on Thursday. The Cyberspace Administration of China told Didi executives that their proposals to prevent security and data leaks had fallen short, Bloomberg said, citing people familiar with the matter. Didi did not immediately… Continue reading Ride-hailing firm Didi said to halt Hong Kong listing plans …
Pony.ai Holds First Close of Series D Financing Round, Valued at $8.5 Billion
Pony.ai, a Fremont, CA-based global autonomous driving technology company, completed the first close of its Series D financing. The backers were not disclosed. The company intends to use the proceeds from the funding to further augment its hiring, investment in research and development, global testing of robotaxi and robotrucking, enter into important strategic partnerships, and… Continue reading Pony.ai Holds First Close of Series D Financing Round, Valued at $8.5 Billion
Rivian shares reach new low after reporting disappointing Q4 earnings
Today after the bell, EV company Rivian reported its fourth-quarter financial results, and calendar 2021 outcome. The company generated $54 million in Q4 2021 revenue, nearly precisely its full-year tally of $55 million. Rivian delivered 909 vehicles in the final three months of the year. The company’s move into more large-scale deliveries in Q4 2021… Continue reading Rivian shares reach new low after reporting disappointing Q4 earnings