November 13, 2024
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UK self-driving tech startup Wayve to use Microsoft ‘supercomputer muscle’ to process data generated by autonomous vehicles
Nickie Louise Posted On May 18, 2022


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 […]


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Sila, a battery tech startup founded by a former Tesla engineer, plans to build next-generation battery materials in the US to reduce reliance on China
Nickie Louise Posted On May 3, 2022


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 […]


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China’s EV tech startup CH-AUTO to go public via a $1.7 billion SPAC deal
Daniel Levi Posted On May 2, 2022


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 […]


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Amazon takes $7.6 billion loss on Rivian stake after the once high-flying EV startup lost over 80% of its value; from its peak of $146.7 billion to $29.41 billion
Daniel Levi Posted On April 29, 2022


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 […]


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Self-driving tech startup Pony.ai gains taxi license in China to become the first autonomous driving taxi company in the country
Nickie Louise Posted On April 25, 2022


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 […]


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Tesla crushes its critics, beats Wall Street expectations in its first-quarter earnings report
Nickie Louise Posted On April 20, 2022


Elon Musk’s Tesla continues to silence its critics after the electric car giant reported $18.8 billion in the first quarter versus the $17.92 billion expected. Tesla beat Wall Street’s expectations in its earnings report. Below are the key numbers. Earnings per […]


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Estonian tech startup UP Catalyst raises $2.27M to revolutionize the electric car battery industry with sustainable carbon nanomaterials
Nickie Louise Posted On April 20, 2022


One of the reasons for the slow adoption of electric vehicles (EVs) is cost. But the most common reason people give for not buying EVs is the concern about the driving range and the fear that the battery will run […]


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Elon Musk hosts ‘Cyber Rodeo’ party to celebrate the grand opening of Tesla’s new global HQ in Austin Texas
Nickie Louise Posted On April 8, 2022


In October 2021, Tesla officially moved its headquarters from Palo Alto, California to Austin, Texas. As we reported a year earlier, Musk expressed dissatisfaction with California due to the state’s lockdown rules and poor handling of the stay-at-home order. Musk later filed […]


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General Motors, Honda join forces to develop affordable electric vehicles that cost less than $30,000
Daniel Levi Posted On April 5, 2022


Throughout the year 2020, Tesla vehicles accounted for 79% of new electric vehicles (EVs)registered in the US. Just a year later, that number has dropped by about 10 percent. According to recent data that came out for 2021 as part of […]


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EV tech startup Faraday Future is under SEC investigation for making inaccurate statements to its investors
Nickie Louise Posted On March 31, 2022


In January 2021, we wrote about electric-vehicle (EV) tech startup Faraday Future after it announced its plans to go public via SPAC. A few months later, Faraday Future went public via a special purpose acquisition company (SPAC) and private investment […]


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These Chinese EV tech startups are disrupting the electric vehicle market with swappable car batteries
Daniel Levi Posted On March 25, 2022


One of the reasons for the slow adoption of electric vehicles (EVs) is cost. According to a recent survey, 37 percent of people say the most common reason for not buying an electric vehicle was a lack of fast charging points […]


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China’s EV maker XPeng leads a $200M investment in Rockets Capital, a fund focused on backing electric vehicles and “frontier technology” startups
Nickie Louise Posted On March 21, 2022


Chinese Tesla rival Xpeng announced it has led a new $200 million investment in Rockets Capital, a fund focused on “venture and growth-stage investments in Smart EV industry value chain, clean energy, and frontier technology areas.” Backers in the fund include other high-profile venture […]


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Tesla raises prices for the second time in less than a week; Cheapest model is now $46,990
Nickie Louise Posted On March 15, 2022


Yesterday, Tesla CEO Elon Musk said in a post on Twitter that his electric carmaker and rocket company SpaceX are facing heavy inflationary pressure in raw materials and logistics. In a tweet on Monday, Musk said, “Tesla & SpaceX are seeing […]


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Alternatives to lithium-based batteries to play a key role for stationary storage, IDTechEx says
Nickie Louise Posted On March 14, 2022


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, most electric […]


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Elon Musk on Biden’s comments that GM is creating 11,000 jobs: “Tesla has created over 50,000 US jobs building electric vehicles & is investing more than double GM + Ford combined”
Nickie Louise Posted On March 2, 2022


It looks like the feud between President Biden and Tesla CEO Elon Musk is never going to go away. Last month, Biden finally acknowledged Tesla as the “nation’s largest electric vehicle manufacturer” after months of snubbing the world’s most valuable […]


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WeFlex to raise $80 million to support the ride-hailing market’s switch to electric
Nickie Louise Posted On February 28, 2022


The demand for electric vehicles (EVs) has accelerated in recent years as people switch to sustainable transportation as part of the effort to fight climate change. Now one UK-based fintech startup is raising new funds to supercharge the efforts to transition […]


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California-based hardware startup CelLink raises $250M to replace traditional wiring harnesses with intelligent wiring technology for solar, LED, and battery industries
Daniel Levi Posted On February 16, 2022


CelLink is a California-based hardware tech startup founded in 2011 to develop very large, high-conductance flexible circuits for the solar, LED, and battery industries. CelLink develops and produces lightweight and low-cost flexible electric circuit technology for power electronics using a proprietary […]


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Meet Cybercat, an incredible accessories kit that transforms Tesla Cybertruck into an all-electric high-performance amphibious catamaran
Daniel Levi Posted On February 10, 2022


Whether for fishing, daysailing, or world cruising, the use of catamarans has grown in popularity over the last decade. Catamarans are twin-hulled sailing and powered boats developed for sport and recreation in the second half of the 20th century. Unlike a sailboat […]


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The US to spend $5 billion to build 500,000 electric vehicle charging stations over five years
Nickie Louise Posted On February 10, 2022


The number of electric vehicles (EV) on U.S. roads is projected to reach 18.7 million in 2030. As electric vehicles gain mainstream adoption, more charging stations are going to be needed to power millions of new electric cars on the roads. In December […]


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President Biden finally acknowledges Tesla as the “nation’s largest electric vehicle manufacturer”
Nickie Louise Posted On February 8, 2022


Last week, we wrote about Tesla after Elon Musk’s tweet went viral in Times Square. The ad was paid for by some of Musk’s fans. It all started in May 2021 when President Joe Biden visited the Ford’s Dearborn, Michigan plant to […]


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