Tesla expands solar roof installations to anywhere in the US

Tesla has decided to expand the market for solar roof tile installations to anywhere in the US. The move comes as Tesla aims to greatly accelerate solar roof installations. Until recently, Tesla solar roof installations were limited to some approved markets in the US within a relatively short distance of Tesla Energy warehouses. It has… Continue reading Tesla expands solar roof installations to anywhere in the US

Chevrolet’s electric Silverado will debut at CES 2022

When General Motors CEO Mary Barra delivers the opening keynote at next year’s CES, she won’t only be kicking off the event — she’ll also be unveiling Chevrolet’s electric Silverado. The automaker first revealed that it’s working on an electrified version of the pickup truck in April, promising an EV with a 400-mile range, which… Continue reading Chevrolet’s electric Silverado will debut at CES 2022

Zum Raises $130M in Series D Funding

Zūm, a Redwood City, Calif.-based modern student transportation company, raised $130m in Series D funding. The round was led by Softbank Vision Fund 2, with participation from existing investors including Sequoia and BMW i Ventures. Andrew Straub of Softbank Investment Advisers will join the board of directors. The company will use the new capital to expand its service… Continue reading Zum Raises $130M in Series D Funding

The Cybertruck Is Now the Cheapest Tesla

“I love this simulation.” Cheapest Tesla Tesla recently increased the price of its Model 3 and Model  Y, with prices starting at a respective $54,990 and $41,990 before incentives. Strangely enough, that makes the entry level Cybertruck, a much bigger vehicle starting at $39,990, the cheapest Tesla customers can order today, as Teslarati points out.… Continue reading The Cybertruck Is Now the Cheapest Tesla

Wayve, the Lidar-free self-driving startup, raises $13.6M from Ocado

Wayve, a U.K.-based self-driving startup that is notable for its use of deep learning and cameras rather than more-costly Lidar and other sensors to guide vehicles, is gearing up for its next stage of development with a strategic backer in its pocket. Today Ocado — the online grocer that also powers online grocery systems for… Continue reading Wayve, the Lidar-free self-driving startup, raises $13.6M from Ocado

Tesla increases Model 3 and Model Y prices, cheapest car is now $42,000

Tesla has implemented a price increase across its entire Model 3 and Model Y lineup in an overnight update to its online configurator in the US. During the first half of 2021, Tesla went on a spree of price increases across its electric vehicle lineup. The automaker literally wouldn’t go two weeks with increasing the… Continue reading Tesla increases Model 3 and Model Y prices, cheapest car is now $42,000

China’s WM Motor to raise $500m in Series D funding amid clouds over STAR Market IPO

Chinese electric vehicle (EV) brand WM Motor is close to raising about $500 million in new funding, even as the firm faces a bumpy ride in its efforts to go public on Shanghai’s Nasdaq-style STAR Market. In a statement on Tuesday, WM Motor said that it expected to secure over $300 million in a Series… Continue reading China’s WM Motor to raise $500m in Series D funding amid clouds over STAR Market IPO

GoTo Global drives European expansion with acquisition of German e-moped sharing company emmy

Israeli shared multimodal mobility operator GoTo Global Mobility has acquired German shared electric scooter company emmy. The strategic deal will help GoTo Global, which offers customers access to shared cars, vans, mopeds, scooters and bikes, reach its goal of expanding to every major European city by 2025. GoTo Global would not share the financial terms… Continue reading GoTo Global drives European expansion with acquisition of German e-moped sharing company emmy

Lidar developer Ouster agrees to buy Sense Photonics as it takes aim at the auto industry

Ouster, a lidar company that went public this year via a SPAC merger, said it would acquire solid-state lidar startup Sense Photonics in an all-stock deal that was valued at around $68 million at close of markets on Monday. Once the acquisition is complete, Ouster said it would establish a new business arm, Ouster Automotive,… Continue reading Lidar developer Ouster agrees to buy Sense Photonics as it takes aim at the auto industry

India: Ola acquires GeoSpoc to develop next-generation location technology …

Ola, India’s largest mobility platform, on Tuesday, said it has acquired GeoSpoc, a leading geospatial services provider in India. Making the announcement on a blog post, Bhavish Aggarwal, co- founder and CEO, Ola said, “Dhruva and his team of Geospatial scientists and engineers will be joining Ola to develop technologies which will make mobility universally… Continue reading India: Ola acquires GeoSpoc to develop next-generation location technology …