Cars

Electric Vehicle Charging Company FreeWire Technologies Raises $50 Million In Series C

By Noah Long ● Feb 1, 2021

FreeWire Technologies — a leader in electric vehicle (EV) charging and power solutions — announced it has raised a $50 million Series C funding round led by Riverstone Holdings. These are the details.

Rivian: $2.65 Billion Funding And Reported $27.6 Billion Valuation

By Amit Chowdhry ● Jan 20, 2021

Electric vehicle company Rivian has raised $2.65 billion in a new round of funding led by T. Rowe Price at a reported post-money valuation of $27.6 billion.

XPeng (XPEV) Announces Beta Version Of Navigation Guided Pilot

By Amit Chowdhry ● Jan 18, 2021

XPeng Inc. (NYSE: XPEV) announced it is unveiling the beta version of its NGP (Navigation Guided Pilot) highway autonomous driving solution this week in a series of media road tests in Guangzhou. These are the details.

Tesla (TSLA) Reportedly Starts Delivering Model Y Vehicles From Shanghai Facility

By Amit Chowdhry ● Jan 18, 2021

Tesla Inc (NASDAQ: TSLA) has reportedly begun the delivery of Model Y crossover vehicles built at its Shanghai facility across China. These are the details.

Autonomous Vehicle Software Company Oxbotica Raises $47 Million

By Noah Long ● Jan 11, 2021

Oxbotica — a global leader in autonomous vehicle software — announced it has raised $47 million in Series B funding. These are the details.

Apple (AAPL) Having Discussions With Hyundai About Car Project

By Amit Chowdhry ● Jan 9, 2021

Apple Inc (NASDAQ: AAPL) is in the midst of discussions with Hyundai about potential car projects. These are the details.

Tesla (TSLA) Delivered 499,550 Vehicles In 2020: Details

By Amit Chowdhry ● Jan 2, 2021

Today Tesla Inc (NASDAQ: TSLA) announced it produced and delivered half a million vehicles in line with the company's most recent guidance. These are the details.

Connected Car API Company Motorq Raises $7 Million

By Annie Baker ● Dec 28, 2020

Connected car API company Motorq recently announced it has raised $7 million in Series A funding. These are the details.

MIT Spinoff The Routing Company Raises $5 Million In Seed Funding

By Amit Chowdhry ● Dec 20, 2020

The Routing Company announced that it raised $5 million in a seed round led by The Engine. These are the details.

CBAK Energy (CBAT) And Kandi Group (KNDI) Sign Supply Framework Agreement

By Amit Chowdhry ● Nov 28, 2020

Leading lithium-ion battery manufacturer and electric energy solution provider CBAK Energy (NASDAQ: CBAT) announced it signed a Supply Framework Agreement with Kandi Technology Group (NASDAQ: KNDI). These are the details.

Ford (F) Hires Suzy Deering As New Global CMO

By Amit Chowdhry ● Nov 27, 2020

Ford Motor Company (NYSE: F) recently announced it is hiring Suzy Deering as a dedicated head of Global Marketing for helping it execute a plan to unlock customer and company value. These are the details.

Nuro: $500 Million Funding And $5 Billion Valuation

By Amit Chowdhry ● Nov 13, 2020

Autonomous delivery company Nuro announced it has raised $500 million in funding. These are the details.

Tesla (TSLA) Reveals It Now Has 20,000 Supercharger Stations

By Amit Chowdhry ● Nov 9, 2020

Tesla Inc (NASDAQ: TSLA) revealed it has fully deployed 20,000 Supercharger stations. These are the details.

Lordstown And DiamondPeak (DPHC) Complete Business Combination

By Dan Anderson ● Oct 25, 2020

Lordstown Motors Corp. and DiamondPeak Holdings Corp (NASDAQ: DPHC) recently announced the closing of a business combination. These are the details.

Hertz (HTZ): Alexandra Brooks Named Chief Accounting Officer

By Amit Chowdhry ● Oct 20, 2020

Hertz Global Holdings Inc (NYSE: HTZ) announced Alexandra Brooks has been appointed to senior vice president and chief accounting officer.

Ground Mobility Company LM Industries Raises $15 Million

By Dan Anderson ● Oct 18, 2020

Local Motors parent company LM Industries announced it has raised $15 million in funding from Mirai Creation Fund II. These are the details.

Uber Technologies To Invest $150 Million In SK Telecom: REPORT (SKM) (UBER)

By Dan Anderson ● Oct 18, 2020

Uber Technologies Inc (NYSE: UBER) is reportedly planning to invest $150 million into a joint venture with South Korea-based SK Telecom Co Ltd (NYSE: SKM) as part of a joint venture. These are the details.

Lucid Motors Unveils New Details About Air Model Range

By Dan Anderson ● Oct 14, 2020

Lucid Motors — a company known for sustainable mobility with its advanced luxury electric vehicles — announced details about the full Lucid Air model range.

BlackRock (BLK) Investing $118 Million In Electric Vehicle Company Arrival

By Annie Baker ● Oct 14, 2020

Fund management giant BlackRock, Inc. (NYSE: BLK) has invested $118 million in British electric vehicle company Arrival.

Uber Freight: $500 Million Funding And $3.3 Billion Valuation

By Amit Chowdhry ● Oct 6, 2020

Uber Technologies announced it has raised $500 million from private equity firm Greenbriar Equity Group. These are the details.

Nikola (NKLA): Steve Shindler Appointed To Board Of Directors

By Amit Chowdhry ● Oct 5, 2020

Nikola Corporation (NASDAQ: NKLA) recently announced that it appointed Steve Shindler as a new independent director.

Ford Motor Company (F): Operational And Leadership Changes Announced

By Amit Chowdhry ● Oct 1, 2020

Ford Motor Company (NYSE: F) announced changes in how it plans to streamline its global business by making changes in how the company is organized and operates. These are the details.

Ford Motor Company (F) Investing C$1.8 Billion To Build Electric Vehicles In Ontario

By Dan Anderson ● Sep 29, 2020

Ford Motor Company (NYSE: F) recently announced it is committing to invest $1.8 billion to become the first manufacturer in Canada to build full battery electric vehicles (BEVs).

Tesla (TSLA) Buying More Land In Austin, Texas, Says Report

By Noah Long ● Sep 28, 2020

According to a new report, Tesla is planning to buy additional land in Texas.

Fisker To Launch New Technology Center In San Francisco

By Amit Chowdhry ● Sep 28, 2020

Fisker — the designer and manufacturer of eco-friendly electric vehicles and advanced mobility solutions – recently announced details about its first dedicated engineering and technology center.

Workhorse (WKHS): C-Series All-Electric Delivery Trucks Achieve Last-Mile Delivery Premium Range

By Amit Chowdhry ● Sep 25, 2020

Workhorse Group Inc. (Nasdaq: WKHS) announced that its C-Series all-electric delivery trucks have achieved an industry-leading range. These are the details.

Tesla (TSLA) Is Suing The U.S. Government To Overturn Trump’s Tariffs On China

By Amit Chowdhry ● Sep 23, 2020

Tesla Inc (NASDAQ: TSLA) is suing the U.S. government and U.S. Trade Representative Robert Lighthizer for the Trump administration’s tariffs on products that Tesla imports from China.

Tesla (TSLA) Battery Day And 2020 Annual Shareholder Meeting Announcements

By Amit Chowdhry ● Sep 22, 2020

Today Tesla Inc (NASDAQ: TSLA) held its 2020 annual shareholder meeting and Battery Day event. These are some of the major announcements from the event.

Chinese Electric Vehicle Company WM Motor Raises About $1.5 Billion

By Annie Baker ● Sep 22, 2020

WM Motor — a rapidly growing electric vehicle company in China — announced it raised 10 billion yuan ($1.47 billion) from several state-backed investors.

Tesla (TSLA) Close To Hitting Sales Record And Musk Says High Volume Battery Production To Start In 2022

By Amit Chowdhry ● Sep 21, 2020

Tesla is close to hitting a sales record according to an email sent out by CEO Elon Musk. Musk also issued a warning about battery production.