Motorway, is a UK startup that allows professional car dealers to bid in an auction for privately-owned cars for sale. The startup has had rapid success by removing a lot of friction in the process. It’s now raised £48m / $67.7m in a Series B round led by Index Ventures, along with […]
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We’re in the final run-up to TC Sessions: Mobility 2021 on June 9, and the great stuff just keeps on coming. We’ve stacked the one-day agenda with plenty of programming to keep you engaged, informed and on track to build a stronger business. You’ll always find amazing speakers — some […]
E-bike startup Cowboy has launched the Cowboy 4, its newest generation of urban electric bikes. The bike will come in two different frames, a traditional frame, and a step-through. The C4 is basically an upgrade on the previous version 3, while the ‘C4 ST’ is a step-through model which the […]
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 […]
Tesla is open to licensing its software, including its Autopilot highly-automated driving technology and the neural network training it has built to improve its autonomous driving technology. Tesla CEO Elon Musk revealed those considerations on the company’s Q4 earnings call on Wednesday, adding that the company has in fact already […]
GMC has a new all-electric version of its classic Hummer oversized SUV. This thing is a beast, as you might expect, with an advertised 350-mile range and a 3-second zero to 60 mph time. It’s a bit ridiculous to be honest, which is kind of what the Hummer has always […]
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 […]
Boom Supersonic is closer than ever to its goal of introducing supersonic commercial aviation back tot he global stage – the Colorado-based startup unveiled the final design of its XB-1 demonstrator aircraft today. This is a fully functional prototype airplane, which will help the company test out the flight capabilities […]
Ford, Bosch and Bedrock today announced an automated valet parking demonstration in downtown Detroit. This system is designed to allow drivers to exit a vehicle and the vehicle would park itself in the parking structure. Systems in a Ford Escape test vehicle communicate with Bosch sensors to locate an empty […]
Beam, a Singapore-headquartered micromobility firm that offers shared e-scooters, has raised $26 million in a new financing round as it looks to expand its footprint in Korea, Australia, Malaysia, New Zealand, and Taiwan. Sequoia India and Hana Ventures led the two-and-a-half-year-old startup’s Series A financing round, while several more investors […]