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German companies license China’s Huawei smart technologies even as the US looks to isolate the tech giant
Daniel Levi Posted On February 1, 2023


Today, many in the West viewed the rise of China as a threat to the US hegemony and dominance as a global power. Others also see Chinese companies as linked to the Chinese government’s power and its techno-authoritarianism government. For […]


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EV battery startup ONE raises $300M to develop batteries with a 750-mile driving range; now valued at $1.2 billion
Nickie Louise Posted On February 1, 2023


Michigan-based battery startup Our Next Energy (ONE) has raised $300 million in Series B funding. The latest round now puts the company at a valuation of $1.2 billion, making the three-year-old startup a member of the highly-coveted unicorn club. The […]


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Top tech startup news for Tuesday, January 31, 2023: Anthropic, Finley, GM, PayPal, Workday, and Q-CTRL
Daniel Levi Posted On January 31, 2023


Good evening! Below are some of the top tech startup news stories for today, Tuesday, the last day of January 2023. Workday lays off about 525 employees or about 3% of its workforce Cloud provider Workday has laid off 3% […]


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GM to invest $650 million in lithium company Lithium Americas to support its electric truck push
Daniel Levi Posted On January 31, 2023


The mass adoption of electric vehicles has accelerated in recent years. Thanks to Tesla, more and more people are now embracing electric cars as the world moves away from internal combustion engine cars to combat global warming. Today, lithium is […]


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Tesla stock is on fire and shorts are feeling the heat as shares pop more than 25% in just 2 days 
Daniel Levi Posted On January 27, 2023


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 […]


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Tesla shares pop 15% after crushing its critics on better-than-expected earnings results
Nickie Louise Posted On January 26, 2023


On January 3, Tesla stock tumbled to start 2023 with shares trading at $108.10. It didn’t take long before the so-called analysts started to blame Musk’s acquisition of Twitter for Tesla’s stock free fall. For many years, experts have repeatedly […]


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Self-driving tech startup Outrider raises $73 million in funding to scale up its autonomous yard trucks
Nickie Louise Posted On January 19, 2023


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 […]


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BMW unveils ‘i Vision Dee,’ a talking car with a ‘digital soul’ that shifts colors like a chameleon
Nickie Louise Posted On January 5, 2023


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 […]


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Israeli EV startup unveils AIR ONE, a personal ‘flying car’ to fly commuters on short trips
Nickie Louise Posted On December 21, 2022


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 […]


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EV charging tech startup EnviroSpark lands $10M to install electric vehicle charging stations across the US
Nickie Louise Posted On December 19, 2022


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 […]


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Swedish startup Einride raises $500M for its cabinless electric self-driving truck with no room for a human driver
Nickie Louise Posted On December 7, 2022


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 […]


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Argo Ai, a Ford-backed self-driving startup that shut down after raising $1 billion, lays off 78 employees
Nickie Louise Posted On November 2, 2022


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 […]


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This is Elon Musk in 1995 fixing his old BMW because he didn’t have money to pay for repairs; now he can afford to buy the entire BMW Group with billions left to spare
Nickie Louise Posted On October 20, 2022


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, […]


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Amazon to invest over €1 billion in European electric vans and truck fleet in a push for net-zero carbon emissions
Nickie Louise Posted On October 10, 2022


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 […]


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Truly autonomous cars impossible without humans, industry experts say
Daniel Levi Posted On September 12, 2022


“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 […]


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Self-driving tech firm Aurora mulls selling itself to Apple or Microsoft after losing 80% of its market value
Nickie Louise Posted On September 5, 2022


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 […]


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Tesla Rival Nikola buys energy storage company Romeo Power for $144M to secure control of its supply chain
Daniel Levi Posted On August 1, 2022


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 […]


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Longtime Tesla autopilot and AI leader Andrej Karpathy resigns from the company
Nickie Louise Posted On July 14, 2022


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 […]


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European Union to end the sales of new diesel- and gasoline-powered vehicles by 2035
Daniel Levi Posted On June 10, 2022


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 […]


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Baidu’s electric vehicle startup Jidu unveils the first ‘robot’ car fully controlled via voice recognition
Daniel Levi Posted On June 8, 2022


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 […]


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