When Polestar launched its first all-electric vehicle last year, it came in a single flavor: a dual-motor, all-wheel-drive configuration that cost around $50,000 before incentives. Next year, the automaker is adding […]
Transportation
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Back to news homeVolvo Cars Tech Fund invests $2M in optics and imaging startup Spectralics
The venture arm of Volvo Cars, an automaker long synonymous with safety, has invested in an optics and imaging startup developing technology that can be integrated into a car’s windshield […]
GM acquires 25% stake in electric boat company Pure Watercraft
General Motors has taken a 25% stake in Seattle-based electric boating company Pure Watercraft. GM’s move reflects a broadening interest in all things EV, including boats and other vehicles, and […]
The highs and lows of the 2021 Los Angeles Auto Show
The LA Auto Show — one of the first indoor auto shows to return since the COVID outbreak — was light on news and heavier than usual on vaporware. However, […]
EV upstart Xpeng is expanding beyond China
Like Nio, Chinese electric car maker Xpeng has kickstarted its international expansion. But unlike its rival, which put on a series of splashy campaigns in Norway, Xpeng launched quietly in […]
Baidu’s robotaxi service aims to be in 100 cities by 2030
Baidu keeps ramping up its autonomous driving ambitions. The Chinese tech company made its name in search engines and still relies greatly on search ads for revenues. But it’s hoping […]
Porsche takes the GTS electric with the Taycan sedan and sporty wagon
Porsche saved the versatile and performance-focused GTS for its last two variants of the all-electric Taycan. The German automaker unveiled the Taycan GTS sedan and a new third body style […]
Elon Musk has sold more than $1B in Tesla stock
Tesla CEO Elon Musk has sold about $1.1 billion worth of Tesla shares, following a Twitter poll last weekend that asked his followers whether he should sell 10% of his […]
Chinese EV startup Nio’s journey to the West
Nio, a Chinese electric vehicle startup listed on the NYSE, will be in at least six European markets by 2022. The firm shared its ambitions for Europe on its earnings […]
Rivian raises $12B in one of the hottest IPOs of 2021
Electric automaker Rivian has priced its initial public offering at $78 a share, pushing it far above its targeted share price as investors dove in the year’s most highly anticipated […]