Also, SoftBank may sell its stake in Delhivery’s US$1 billion IPO, Coinbase acquires its first Indian startup for over US$40 million, and more. Go to Source
Tag: Mobility
Fisker Secures Long-term Battery Capacity With CATL for the Fisker Ocean SUV
Fisker and CATL agree to over 5 gigawatt-hours (GWh) annual battery capacity for the Fisker Ocean SUV. Fisker will utilize CATL’s unique dual-chemistry cell capability to optimize performance, application, cost and market position across the Fisker Ocean option package lineup. Fisker and CATL to optimize battery pack structure to support Fisker Ocean packaging requirements. CATL… Continue reading Fisker Secures Long-term Battery Capacity With CATL for the Fisker Ocean SUV
Autonomous delivery startup Nuro lands investment from Google, Tiger Global in new $600 million round
Nuro has raised $600 million in a fundraising round led by new investor Tiger Global Management, capital that the autonomous delivery startup will use to ramp up commercial operations. The funding has pushed Nuro’s valuation to about $8.6 billion — or some 72% higher than a year ago — according to people familiar with the… Continue reading Autonomous delivery startup Nuro lands investment from Google, Tiger Global in new $600 million round
Volvo Cars urges world leaders for more clean energy investment to maximise EV potential
Volvo Cars has urged world leaders and energy providers to significantly boost investments in clean energy, in order for its and other electric cars to deliver on their true potential in terms of climate benefit. The call coincides with a newly published report into the overall lifecycle carbon emissions of Volvo Cars’ latest fully electric… Continue reading Volvo Cars urges world leaders for more clean energy investment to maximise EV potential
Tesla recalls nearly 12,000 U.S. vehicles over software communication error
By David Shepardson 3 Min Read WASHINGTON (Reuters) – Tesla Inc is recalling nearly 12,000 U.S. vehicles sold since 2017 because a communication error may cause a false forward-collision warning or unexpected activation of the emergency brakes, the National Highway Traffic Safety Administration (NHTSA) said Tuesday. FILE PHOTO: A Tesla logo on a Model S… Continue reading Tesla recalls nearly 12,000 U.S. vehicles over software communication error
Autos & Transportation · 11:20 AM UTCTesla recalls nearly 12,000 U.S. vehicles over software communication errorTesla Inc is recalling nearly 12,000 U…
A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo/File Photo WASHINGTON, Nov 2 (Reuters) – Tesla Inc is recalling nearly 12,000 U.S. vehicles sold since 2017 because a communication error may cause a false forward-collision warning or unexpected activation of… Continue reading Autos & Transportation · 11:20 AM UTCTesla recalls nearly 12,000 U.S. vehicles over software communication errorTesla Inc is recalling nearly 12,000 U…
@niche: Xos, Inc. Announces Third Quarter 2021 Earnings Release Date and Conference Call001369
LOS ANGELES, Nov. 01, 2021 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, announced today it will release its financial results for the third quarter ended September 30, 2021 on Thursday, November 11, 2021. On that day, Xos’ management will hold a conference… Continue reading @niche: Xos, Inc. Announces Third Quarter 2021 Earnings Release Date and Conference Call001369
SAIC Motor’s overseas entity chooses HERE for connected driving. What happens next?
SAIC Motor’s overseas entity has partnered with HERE as it embarks on an ambitious EV and connected car expansion into Europe. Connected, automated, electric—three words that are increasingly defining the future of motoring. Helping to power this four-wheel revolution is location technology, as cars become more connected to each other, to our smartphones, and our… Continue reading SAIC Motor’s overseas entity chooses HERE for connected driving. What happens next?
Autos & TransportationEV startup Rivian could be worth nearly as much as Honda in U.S. IPO10:23 PM UTC
Nov 1 (Reuters) – Rivian Automotive Inc, which is backed by Amazon.com Inc (AMZN.O), is targeting a valuation of more than $53 billion for its U.S. debut, making the electric vehicle manufacturer potentially almost as valuable as rival Honda Motor (7267.T). The startup is looking to raise up to $8.4 billion, setting it up to… Continue reading Autos & TransportationEV startup Rivian could be worth nearly as much as Honda in U.S. IPO10:23 PM UTC
Tesla Under Scrutiny Over Lack of Recall After Autopilot Update
The top federal auto safety regulator sent two letters to Tesla this week raising questions about the company’s driver-assistance software systems and instructing the carmaker to provide fuller information. The regulator, the National Highway Traffic Safety Administration, is looking into why Tesla did not issue a recall last month when it updated software called Autopilot… Continue reading Tesla Under Scrutiny Over Lack of Recall After Autopilot Update