Tag "Automotive"

Tesla’s racially diverse workforce is led mostly by white men, internal report shows

December 6, 2020 0

Tesla’s top leadership positions skew white and male with just 4% of those roles going to Black employees, according to the company’s first diversity and

Revel pulls electric mopeds after failing to make a dent in Austin’s car culture

December 5, 2020 0

Shared electric moped startup Revel said Friday that it will shut down its service in Austin later this month. The startup’s CEO and co-founder Frank

Scale AI hits $3.5B valuation as it turns the AI boom into a venture bonanza

December 2, 2020 0

Scale AI, the four-year-old data labeling startup, has discovered that selling the picks and shovels needed to develop and apply artificial intelligence is big business.

Elon Musk would consider having Tesla acquire a legacy automaker

December 2, 2020 0

Elon Musk would consider leveraging Tesla’s mega $554 billion market cap to buy a legacy automaker, but only if it was on friendly terms, the

EV bus and truck maker The Lion Electric to take SPAC route to public markets

December 1, 2020 0

Canadian electric truck and bus manufacturer The Lion Electric Company said Monday it plans to become a publicly traded company via a merger with special

GM dumps Trump to side with California in emissions rules fight

November 24, 2020 0

General Motors is changing sides in a battle over whether states — and specifically California — can set tailpipe emissions regulations and other rules meant

Mobileye taps Luminar to supply lidar for its robotaxi fleet

November 20, 2020 0

Luminar, the buzzy sensor startup that is on the verge of becoming a publicly traded company, locked in a supplier deal to furnish Intel subsidiary

Motional gets approval to test fully driverless vehicles in Nevada

November 17, 2020 0

Motional, the Aptiv-Hyundai $4 billion joint venture aimed at commercializing autonomous vehicles, is preparing to roll out fully driverless vehicles on public roads in Las

Uber in talks to sell ATG self-driving unit to Aurora

November 13, 2020 0

Eighteen months ago, Uber’s self-driving car unit, Uber Advanced Technologies Group, was valued at $7.25 billion following a $1 billion investment from Toyota, DENSO and

Lyft sees ride revenues recover by nearly 50% in just three months

November 10, 2020 0

Shares of Lyft are riding high, popping more than 7% in after-hours trading today after the American ride-hailing giant reported its Q3 earnings. Lyft, which