Squad Mobility eyes shared platforms as target for its compact solar electric quadricycle

Squad Mobility’s vision of the perfect urban vehicle is a low-cost EV equipped with solar panels, swappable batteries and enough zip and range in its diminutive 6.5-foot package to meet the needs of city drivers. The early-stage Dutch startup, which recently revealed the final design of its quadricycle, is now assembling working prototypes in Breda, […]

Sustainable jet fuel company Alder Fuels seals investments from United, Honeywell

The aviation industry is notoriously difficult to decarbonize, in part because airplanes use a petroleum-based fuel to fly. Alder Fuels wants to change that. The new clean tech company, headed by Bryan Sherbacow, is developing a low-carbon jet fuel that can be used as a 100% drop-in replacement for petroleum fuel, without needing to adapt […]

Ford builds leadership team of commercial vehicle unit ahead of E-Transit launch

Ford has hired six senior-level executives to its newly minted commercial vehicles and services business unit as the automaker prepares to bring to market the E-Transit cargo van and the F-150 Lightning Pro pickup truck  — two electric vehicles it’s betting will become commercial customers’ new workhorses. Ford pulled from within its ranks and outside […]

Solar-powered aircraft developer Skydweller Aero adds $8M to Series A, partners with Palantir

Airplanes and drones today, regardless of size or fuel type, all face the same limitation: eventually they have to land. Skydweller Aero, the U.S.-Spanish aerospace startup, wants to break free from that constraint by developing an autonomous solar-powered aircraft it says will eventually be capable of perpetual flight. Their pitch, which helped the company raise […]

China’s WeRide unveils Robovan, its first electric, autonomous cargo van

Chinese autonomous driving company WeRide has unveiled its first cargo van, the vessel upon which it will self-drive into the world of urban logistics. WeRide will work with Chinese automobile manufacturer Jiangling Motors (JMC) and Chinese express delivery company ZTO Express to commercialize its first self-driving van at scale. The deal was signed on Wednesday […]

Sila Nanotechnologies’ battery technology will launch in Whoop wearables

Sila Nanotechnologies next-generation battery technology made its commercial product debut Wednesday in the new Whoop fitness tracker, a milestone that caps a decade of research and development by the Silicon Valley startup all aimed at cracking the code to packing more energy into a cell at a lower cost. Billions have been spent over the […]

Geely’s ride-hailing unit Cao Cao Mobility raises $589M Series B to upgrade tech and expand fleet

Cao Cao Mobility, the ride-hailing unit of Chinese automaker Geely Automobile Holdings, has announced a $589 million (RMB 3.8 billion) Series B raise that the company says will help it upgrade its technology and expand its fleet, according to a statement released by the company (in Chinese). The raise, which Cao Cao announced on Monday, […]