Automotive
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STARTUPS
Online used car startup Shift adds another $40M, snags COO in road to IPO
Online used car startup Shift Technologies has tacked on another $40 million in equity funding, hired a new COO with…
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Trends
Toyota is giving automakers free access to nearly 24,000 hybrid car-related patents
Toyota said Wednesday it will give royalty-free access to its nearly 24,000 patents related to electrification technology and systems through…
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Trends
Ford is bringing an electric Transit van to Europe by 2021
Ford plans to bring an electric Transit commercial van to the European market by 2021 as part of the automaker’s…
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STARTUPS
Lidar startup Ouster raises $60 million in production run-up
Ouster has raised $60 million as the San Francisco-based lidar startup opens a new facility that will have the capacity…
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Trends
How Nuro plans to spend Softbank’s $940 million
Autonomous delivery startup Nuro is bursting with ideas since SoftBank invested nearly $1 billion in February, new filings reveal. A…
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Trends
Pininfarina’s $2 million electric ‘Battista’ hypercar is faster than a Formula 1 race car
Automobili Pininfarina, the automaker brand infused with Pininfarina design house DNA and owned by India’s Mahindra Group, revealed its first…
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Trends
Daimler and BMW invest $1.1 billion in urban mobility services
Daimler AG and BMW Group officially agreed to merge their urban mobility services into a single holding company back in…
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Trends
Amazon leads $700M round in electric automaker Rivian
Rivian, the electric automaker that debuted its first two vehicles just three months ago, has raised $700 million in a…
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Trends
SoftBank’s next bet: $940M into autonomous delivery startup Nuro
Nuro, the autonomous delivery startup, has raised $940 million in financing from the SoftBank Vision Fund, a whopping amount that…
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