Mercedes-Benz’s Maybach EV concept helps the rich feel even better about themselves

Mercedes-Benz has shown off the electric Maybach EQS, an opulent concept car that the company says is a preview of what the future of high-end electric cars may look like. The company revealed the EV SUV at the IAA Mobility show, where it also announced a G-Class SUV concept, and a more attainable electric sedan.… Continue reading Mercedes-Benz’s Maybach EV concept helps the rich feel even better about themselves

Asia Digest: Blockchain firm SubQuery raises $9m; AirBolt closes $1.5m seed round …

New Zealand-based blockchain startup SubQuery bagged $9 million in a funding round, while the Australian smart lock creator AirBolt has raised $1.5 million. New Zealand blockchain startup SubQuery raises $9m SubQuery, a New Zealand-based startup that aggregates data for decentralised app developers on the Polkadot protocol, has bagged $9 million in a round co-led by… Continue reading Asia Digest: Blockchain firm SubQuery raises $9m; AirBolt closes $1.5m seed round …

China’s WeRide unveils Robovan, its first electric, autonomous cargo van

Chinese autonomous driving company WeRide has unveiled its first cargo van, the vessel upon which it will self-drive into the world of urban logistics. WeRide will work with Chinese automobile manufacturer Jiangling Motors (JMC) and Chinese express delivery company ZTO Express to commercialize its first self-driving van at scale. The deal was signed on Wednesday… Continue reading China’s WeRide unveils Robovan, its first electric, autonomous cargo van

Tesla obtains patent on its wild idea to use lasers as windshield wipers

Tesla has actually managed to obtain a patent on its wild idea to use lasers to clean debris off of vehicles. We are basically talking about using laser beams as windshield wipers. About two years ago, we reported on Tesla working on a technology to use laser beams to automatically clean debris off cars. We… Continue reading Tesla obtains patent on its wild idea to use lasers as windshield wipers

Tesla is building a team of energy traders

Some people trade stocks, but Tesla wants to trade energy capacity. The company is building a new team of traders to do just that with its Autobidder platform. Autobidder is a real-time trading and control platform for energy assets, like Tesla’s Powerpacks, Powerwalls, and Megapacks, optimized through machine learning to better use and more directly monetize… Continue reading Tesla is building a team of energy traders

Geely’s ride-hailing unit Cao Cao Mobility raises $589M Series B to upgrade tech and expand fleet

Cao Cao Mobility, the ride-hailing unit of Chinese automaker Geely Automobile Holdings, has announced a $589 million (RMB 3.8 billion) Series B raise that the company says will help it upgrade its technology and expand its fleet, according to a statement released by the company (in Chinese). The raise, which Cao Cao announced on Monday,… Continue reading Geely’s ride-hailing unit Cao Cao Mobility raises $589M Series B to upgrade tech and expand fleet

A new giant Tesla Megapack project is under construction in the UK

Tesla has started delivering new Megapack batteries for a giant new 99 MW/198 MWh energy storage project under construction in the UK. Almost exactly two years ago, Tesla launched the Megapack. It was Tesla’s third stationary energy storage product after the Powerwall and Powerpack. A single Megapack unit is a container-sized 3 MWh battery system with… Continue reading A new giant Tesla Megapack project is under construction in the UK

Solid Power expands production capacity to deliver test batteries to BMW, Ford in 2022

Solid Power, a battery developer backed by Ford and BMW, is expanding its Colorado-based factory footprint as it prepares pilot production of its solid state batteries early next year. The new production facility will be dedicated to manufacturing one of the company’s flagship products, a sulfide-based solid electrolyte material, by up to 25 times its… Continue reading Solid Power expands production capacity to deliver test batteries to BMW, Ford in 2022

Renault will seek to extend the 2035 EU ICE ban to 2040

During IAA Mobility in Munich this week, an executive for Renault Group stated plans to seek an extension of the recently proposed 2035 ban of all internal combustion engine (ICE) vehicle sales in the EU. According to the report, Renault wants an extension to around 2040 in order to provide more affordable cars to consumers… Continue reading Renault will seek to extend the 2035 EU ICE ban to 2040

Intel’s Mobileye, rental giant Sixt to launch a robotaxi service in Germany next year

Intel subsidiary Mobileye and rental car giant Sixt SE plan to launch a robotaxi service in Munich next year, the CEOs of the two companies announced Tuesday during the IAA Mobility show in Germany. The robotaxi service is leveraging all of Intel’s, and more specifically Mobileye’s, assets that have been in development or purchased in… Continue reading Intel’s Mobileye, rental giant Sixt to launch a robotaxi service in Germany next year