As famed investors David Einhorn and Jim Chanos once said, “Anyone who has bet against Elon Musk has lived to regret it.” Unfortunately, the short sellers did not heed this advice. Now, they’re feeling the heat as Tesla surged for […]
While analysts are expecting the autonomous truck revolution to come sometime in the early 2030s, tech startups including San Diego-based TuSimple and China-based MoonX.AI have already completed more than 550 miles of fully driverless truck driving on public roads without a human […]
In what the German luxury automaker called “the next level of human-machine interaction,” BMW today unveiled a prototype for its i Vision Dee concept car during the automaker’s keynote at CES on Wednesday evening. The four-door futuristic sedan talks like a […]
The concept of the flying car is nothing new. For decades, Hollywood and science fiction writers have been toying with the idea of adding wings to wheeled motor vehicles decades. As appealing as it may sound, attempts to develop economically-viable flying […]
In March 2020, the United States had approximately 78,500 charging outlets and almost 25,000 charging stations for plug-in electric vehicles (EVs). A considerable number of these charging stations are based in California, with 6,835 stations and 28,545 power outlets, according to data from research […]
Swedish electric and autonomous freight tech startup Einride has raised $500 million in additional funding for its electric self-driving truck that has no room for a human driver. We covered Einride a year ago after the startup made its debut in […]
Late last year, we covered Argo AI after the Ford and Volkswagen-backed autonomous vehicle startup partnered with retail giant Walmart to launch an autonomous vehicle delivery service in Miami, Austin, and Washington, D.C. At the time, Argo AI founder and CEO Bryan Salesky said the […]
Tesla CEO Elon Musk is the richest man in the world with a net worth of over $200 billion, surpassing Amazon founder Jeff Bezos who now has a net worth of $137 billion, according to the Bloomberg Billionaires Index. However, […]
Amazon announced on Monday that it will invest nearly $1 million over the next five years in electric vans, trucks, and low-emission package hubs across Europe as part of its effort to achieve net-zero carbon emissions. The Jeff Bezos-founded company […]
“Show me an autonomous system without a human-in-the-loop and I’ll show you a useless system.” That was the statement made in 2019 by Maarten Sierhuis, the man responsible for developing Nissan’s autonomous vehicles. Sierhuis is the chief technology director at Nissan’s […]
Aurora Innovation, a self-driving vehicle firm co-founded by former heads of self-driving programs at Google, Uber, and Tesla, is considering selling itself to Apple or Microsoft, according to a report from Bloomberg. In a sign of its struggles since going public late […]
Electric heavy truck maker Nikola Motors announced on Monday it has agreed to buy energy storage technology company Romeo Power for $144 million as part of its effort to secure control of critical battery pack engineering and production process, giving the Tesla rival control […]
It’s not been a good week for Tesla CEO Elon Musk. His week started out with a lawsuit from Twitter asking the billionaire to consummate the $44 billion merger agreement. Then yesterday, longtime Tesla Autopilot Executive Andrej Karpathy announced on […]
In April 2021, Washington State approved a bill to ban the sales of new gasoline-powered vehicles by 2030, making it the third state after California and Massachusetts to ban ICE vehicles. The state said the ban will drastically reduce the demand for […]
In December of 2020, we wrote about Baidu after the China search giant announced it was looking into developing its own electric vehicles (EVs). At the time, Baidu was reportedly in talks with Chinese carmakers about making its own EVs. Then in […]
Autonomous vehicles generate as much as 40 terabytes of data an hour from cameras, radar, and other sensors, according to a report from Morgan Stanley. That’s equivalent to the amount of data an iPhone use over 3,000 years. Now one tech […]
Some of the reasons drivers often cited for not owning electric vehicles (EVs) are cost and lack of charging infrastructure. But the most common reason consumers give for not buying EVs is the concern about the driving range and the fear […]
After a record 2021, public mergers and acquisitions via special-purpose acquisition companies (SPACs) fell off the cliff in the first quarter of 2022. However, it appears things are beginning to take off. Today, Chinese electric vehicle tech startup CH-AUTO Technology Corp announced it […]
We first covered Rivian in 2019 after the once secretive and high-flying electric truck startup raised $700 million in funding led by e-commerce giant Amazon. A year earlier, Rivian emerged from stealth mode with half a billion dollars in funding. With millions […]
It’s been over three years since we last covered Pony.ai, a Toyota-backed Pony.ai self-driving tech startup that uses artificial intelligence and robotics to provide autonomous mobility and change the transportation industry as we know it. A lot has changed since our last […]
