The BMW Group announced Thursday its intentions to commit to a 50% reduction from 2019 levels in global carbon dioxide emissions during the use-phase of its vehicles by 2030, as well as a 40% reduction in emissions during the life cycle of the vehicle. These goals, including a plan to focus on the principles of […]
Nikola and Bosch ink deal for hydrogen fuel cell modules
Beleaguered electric truck developer Nikola Corp. has inked a new agreement with Bosch for its hydrogen fuel cell modules. The modules will be used to power two of Nikola’s hydrogen-fueled semi-trucks, the short-haul Nikola Tre and Nikola Two sleeper. “This announcement is the result of a multi-year working relationship with Bosch,” Nikola CEO Mark Russell said […]
Cox Automotive acquires battery health company Spiers as ‘EVs take center stage’
Cox Automotive is getting into the electric vehicle battery lifecycle business. The company said Wednesday it acquired Oklahoma City-based Spiers New Technologies (SNT), a business that provides repair, remanufacturing, refurbishing and repurposing services for EV battery packs. The two companies did not disclose the terms of the deal. Cox said the acquisition will help it […]
Gatik expands autonomous box truck operations to Texas with $85 million in new funds
In the two years since Gatik AI came out of stealth, the autonomous vehicle startup has launched pilots with Walmart and Canadian retail giant Loblaw in its bid to prove that self-driving technology combined with box trucks is the secret economic sauce for hauling goods short distances. Now, the company is expanding into Texas — […]
Power Global eyes India’s auto rickshaw industry with swappable battery and retrofit kit
In India, a country that is more densely populated and has lower rates of car ownership, auto rickshaws and other two- or three-wheeled vehicles play a central role. While many auto rickshaws on Indian roads are already electric, they tend to rely on lead-acid batteries that need to be replaced every six to 11 months. […]
Elon Musk’s Loop gets Autopilot — and an intruder
Less than two weeks after its official launch, The Boring Company’s Loop system in Las Vegas had its first security breach. On June 21, the morning of the final day of the International Beauty Show, an “unauthorized vehicle” joined the system’s fleet of Tesla taxis underground, emails between the Loop’s operations manager and a Clark […]
Ideanomics to buy EV fleet maker Via Motors in $450M all-stock deal
Ideanomics, a fintech and electric mobility firm based in New York, has added to its list of acquisitions on Monday to buy commercial electric vehicle manufacturer Via Motors in an all-stock deal valued at $450 million. Ideanomics has been aggressively purchasing mobility businesses this year, as it seeks to build out vertically integrated offerings for […]
The Station: Rivian makes its IPO move, Nuro pushes into Nevada and Waymo scales up in SF
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. I’m […]
HAAS Alert raises $5M seed round to scale its automotive collision prevention system
HAAS Alert says it will use the funding to scale sales and outreach efforts and prioritize R&D with vehicle-to-vehicle and vehicle-to-infrastructure (V2X) technology partnerships.
Tesla wants to sell electricity in Texas
Elon Musk’s Tesla is looking beyond electric vehicles, solar panels and energy storage and wants to now supply electricity directly to customers, according to an application filed with Texas electricity regulators earlier this month. Energy Choice Matters first reported on the application. The application, filed with the Public Utilities Commission of Texas on August 16, […]