Rivian, the Amazon-backed EV manufacturer aiming to bring an electric pickup to market later this year, has partnered with Samsung SDI as its battery cell supplier, the company said Monday. The two companies did not disclose the value of the deal or its term length, but in a statement released […]
Categories electric vehicle
14 posts
The coming wave of electric vehicles will require more than thousands of charging stations. In addition to being installed, they also need to work — and today, that isn’t happening. If a station doesn’t send out an error or a driver doesn’t report it, network providers might never know there’s […]
Since InMotion Ventures, the independent investment and incubation initiative set up by Jaguar Land Rover, launched in 2016 the firm has focused on backing companies across the mobility space broadly. Its 15 active investments run the gamut from autonomous vehicles, to car insurance tech, to ride-sharing, and travel planning, but […]
Volta Energy Technologies, the energy investment and advisory services firm backed by some of the biggest names in energy and energy storage materials, has closed on nearly $90 million of a targeted $150 million investment fund, according to people familiar with the group’s plans. The venture investment vehicle compliments an […]
Bertrand Piccard Contributor Share on Twitter Bertrand Piccard initiated the Solar Impulse Foundation after his history-making flight around the world in a solar-powered plane. Fueled only by the rays of the sun, his flight proved that existing methods and technologies can provide clean energy and solutions that protect the environment […]
There’s no lack of news these days on China’s tech giants teaming up with traditional carmakers. Companies from Alibaba to Huawei are striving to become relevant in the trillion-dollar auto industry, which itself is seeking an electric transition and intelligent upgrade as 5G comes of age. State-owned automaker SAIC Motor, […]
Proterra, the battery system technology developer for heavy-duty electric vehicles, said it has raised $200 million in a new round of funding. The new cash comes from Cowen Sustainable Investment Advisors, which led the round, along with money from Soros Fund Management, Generation Investment Management and Broadscale Group. Cowen took […]
Harley-Davidson should continue to make electric motorcycles. That’s my big takeaway after taking home the company’s LiveWire for three weeks. I’d ridden it on a closed course in 2019, but that wasn’t enough absorb the finer qualities of the 105 horsepower machine. After nearly a month and a thousand miles on […]
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point […]
Tesla reported Wednesday that it earned $16 million and generated $5.985 billion in revenue in the first quarter, results buoyed by improved automotive margins and reductions in operating expenses. Tesla’s first quarter earnings were lower than the fourth period as the COVID-19 pandemic disrupted operations and dampened sales. But the […]