Category: Industry
Tesla, insurers take different paths to deal with expensive repairs
Tesla Inc.’s electric vehicles are expensive to repair – so much so that the automaker…
GM, Ford must convince investors they can profit as prices fall
General Motors Co. and Ford Motor Co. are expected to report strong profits for 2022…
Car buyers like ordering but more unsatisfied with overall buying experience
Vehicle pre-ordering has emerged as a more satisfying option for consumers as they increasingly embraced…
Mobileye expects smooth ride in 2023
Mobileye Global Inc. forecast fiscal 2023 revenue higher than analysts’ projections and delivered better-than-expected earnings…
EV charging company Lynkwell raises $30M from investment firm’s affiliates
Lynkwell, an electric vehicle charging platform company that helps businesses and government entities create their…
Auto cybersecurity firm predicts consumers will emerge as hackers; attacks expected on fleets, EV charging infrastructure
Add vehicle owners to the growing list of potential cybersecurity threats against automakers in 2023.…
Shell agrees to acquire U.S. EV charging firm with plugs at Kroger, Six Flags for $169M
Volta Inc. said on Wednesday that a Shell Plc subsidiary would take over the electric…
Outrider raises $73M in new funding
Self-driving technology developer Outrider has raised $73 million in a new funding round. Outrider, which…
Gaming on the go finds home behind the wheel
LAS VEGAS — To whatever degree one believes in cars as smartphones on wheels, CES…
Reynolds and Reynolds lead investor in $9M funding round for startup monetizing the driver experience
Auto retail technology giant Reynolds and Reynolds is the lead investor in Sheeva.AI’s $9.25 million…
Musk oversaw video exaggerating Tesla’s self-driving capabilities
Elon Musk oversaw the creation of a 2016 video that exaggerated the abilities of Tesla…
Volvo Group takes stake in autonomous tech developer Waabi
The investment division of Volvo Group has made an undisclosed investment in Canadian autonomous driving…
Forum Mobility and CBRE Investment Management create $400M JV to electrify trucking at California ports
Electric truck and charging station company Forum Mobility is teaming up with CBRE Investment Management…
Teslas lose resale value as Musk slashes prices
Marianne Simmons, a self-professed “Tesla fan girl,” bought her second EV from the company in…
White hat hackers gain access to data at 7 more automakers
A group of white hat hackers cracked customer and back-end operations of a variety of…
Stellantis’ vision: Simple, relevant, useful technology
LAS VEGAS — Your commute starts with a greeting from your vehicle, which uses biometrics…
DOE awards $42 million in grants for R&D of more affordable, efficient EV batteries
The U.S. Department of Energy awarded $42 million in funding for 12 R&D projects aiming…
Beyond the cars, here’s the best of CES
LAS VEGAS — The Ram Revolution pickup truck. The Sony-Honda Afeela. The BMW i Vision…
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