Tag: Electric vehicles

Indian EV firm Magenta to raise up to $30m soon, eyes profits in a year

Home-grown electric vehicle charging and mobility solutions company Magenta is looking to raise $20-30 million in a Series B funding round in a couple of weeks, co-founder Darryl Dias told DealStreetAsia in an interview. The upcoming round will be led by international investors and see participation from existing ones. Seed-funded by HPCL in 2018 and… Continue reading Indian EV firm Magenta to raise up to $30m soon, eyes profits in a year

QuantumScape loses manufacturing chief over management style mismatch

Celina Mikolajczak, who has held senior roles at Tesla and Panasonic, resigned from QuantumScape less than a year after taking the chief manufacturing officer position at the solid-state battery company, according to a regulatory filing. Mikolajczak and QuantumScape are parting ways over “differing management styles between the parties,” the filing with the U.S. Securities and… Continue reading QuantumScape loses manufacturing chief over management style mismatch

Nissan unveils 2023 Altima model with enhanced features

The Nissan Altima receives a makeover for the 2023 model year with new frontend styling, expanded standard safety features and available technologies. Altima offers a lineup with two available engines, front-wheel or Intelligent All-Wheel Drive, and four grade levels. The 2023 model lineup is available in eight grades: S FWD, SV FWD, SV AWD, SR… Continue reading Nissan unveils 2023 Altima model with enhanced features

@GM: BrightDrop Acquires Tech Startup Marain’s AI Software to Help Fleet Owners Lower Operational Costs June 10, 2022

BrightDrop Acquires Tech Startup Marain’s AI Software to Help Fleet Owners Lower Operational Costs BrightDrop helps make the transition to electric fleets easier with integration of predictive analytics, simulation and AI-based optimization technology Marain cofounders from Berkeley and Stanford join BrightDrop to lead the company’s growing data science and machine learning functions The company aims… Continue reading @GM: BrightDrop Acquires Tech Startup Marain’s AI Software to Help Fleet Owners Lower Operational Costs June 10, 2022

Tesla (TSLA) announces 3-for-1 stock split

Tesla (TSLA) announced today that it is going to put a three-for-one stock split to a shareholder vote at its upcoming annual meeting. The company announced its intentions to do another stock split back in March, but it didn’t reveal the details. Today, as part of the release of its prospectus for its 2022 annual… Continue reading Tesla (TSLA) announces 3-for-1 stock split

Tesla Model Y with new 4680 cells shows impressive potential for faster charging

Early experiences with the new Tesla Model Y with 4680 cells and a structural battery pack are showing some impressive potential for faster charging and better energy density. When Tesla delivered its first made-in-Texas Model Y vehicles, we noted that it was strange that Tesla didn’t reveal any details – like specs and pricing –… Continue reading Tesla Model Y with new 4680 cells shows impressive potential for faster charging