Circles Raises $16.5M in Series A Funding

Circles, a NYC-based platform for online group emotional support, raised $16.5 million in Series A funding. The round was led by Zeev Ventures, with participation from Lior Ron, Head of Uber Freight, along with existing investors NFX, Flint Capital, and Sir Ronald Cohen. The company intends to use the funds for growth through scaled R&D… Continue reading Circles Raises $16.5M in Series A Funding

Raghavender Sahdev: ‘We are keen on India as a production hub’

Is your partnership with EKA an exclusive one? Or are you looking to work OEMs too?Our partnership is not an exclusive one. However, EKA is our first client in India and we are also looking to work with other OEMs. It’s a multi-year partnership during which NuPort and EKA will plan to work together to… Continue reading Raghavender Sahdev: ‘We are keen on India as a production hub’

Cleantechnica: Do Mainstream Car Buyers Trust Dealers Over Tesla and Rivian? Maybe!001991

It’s a common refrain among early EV adopters: people don’t trust car dealers. Given that more than well over 90% of new cars sold in America are still bought through franchise car dealerships, can that possibly be true? A new survey of “e-curious” car buyers seems to indicate that it’s not, with only 24% of… Continue reading Cleantechnica: Do Mainstream Car Buyers Trust Dealers Over Tesla and Rivian? Maybe!001991

Automotive and Transportation Connector Market: APAC to Contribute to 38% Market Growth from 2022 to 2026| Technavio

NEW YORK, May 24, 2022 /PRNewswire/ — Technavio categorizes the global automotive and transportation connector market as a part of the global automotive components and accessories market. The automotive and transportation connector market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches.  Automotive and Transportation… Continue reading Automotive and Transportation Connector Market: APAC to Contribute to 38% Market Growth from 2022 to 2026| Technavio

Dacia bosses “fighting tooth and nail” to bring Spring EV to UK

“For the UK we will make a final decision late this year or by early January at the very latest.” The Spring went on sale in France in early 2021, priced from €12,403 after that country’s generous EV incentives. A two-seat commercial variant will be introduced in 2022.  That minimum price, equivalent to £10,630, positions the Spring alongside… Continue reading Dacia bosses “fighting tooth and nail” to bring Spring EV to UK

Pony.ai loses permit to test autonomous vehicles with driver in California

The California Department of Motor Vehicles revoked Pony.ai’s permit to test its autonomous vehicle technology with a driver on Tuesday for failing to monitor the driving records of the safety drivers on its testing permit. “While reviewing Pony.ai’s application to renew the testing permit, the DMV found numerous violations on the driving records of active… Continue reading Pony.ai loses permit to test autonomous vehicles with driver in California

Stellantis to build new battery plant in Indiana

Stellantis and Samsung SDI said on Tuesday they will team up to build a $2.5 billion lithium-ion battery plant in Indiana. The project, which will create 1,400 new jobs and could surpass the $3 billion mark once it’s complete, is Stellantis’ first battery plant in the U.S. and its fifth worldwide. The latest factory is slated… Continue reading Stellantis to build new battery plant in Indiana

Chrysler’s first EV draws inspiration from the Pacifica minivan

Chrysler’s new EV will create a new category, drawing upon lessons learned from designing the brand’s minivan, according to chief design officer Ralph Gilles. “Chrysler was one of those brands that was honestly on the OR table, and we decided to reinvest in it big time,” Gilles said at the TechCrunch Sessions: Mobility conference last… Continue reading Chrysler’s first EV draws inspiration from the Pacifica minivan

Uber hits 1 billion rides in Africa

  Uber today announced a significant milestone — it has completed 1 billion rides across all its markets in Africa. This feat translates to over 10 billion kilometres in terms of distance covered, according to the company. This milestone for Uber is coming nearly a decade after the mobility tech company set up shop on… Continue reading Uber hits 1 billion rides in Africa