Tag: Automotive

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EV automaker Rivian partners with Samsung SDI in battery cell supply deal

Rivian, the Amazon-backed EV manufacturer aiming to bring an electric pickup to market later this year, has partnered with Samsung SDI as its battery cell supplier, the company said Monday. The two companies did not disclose the value of the deal or its term length, but in a statement released Monday Rivian said it had…
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12 April 2021 0

The Station: The biggest SPAC ever and reading the micromobility permit tea leaves

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. Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from…
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12 April 2021 0

NGK Spark Plugs launches $100M corporate venture fund, will seek M&A opportunities

NGK Spark Plug, one of the world’s largest manufacturers of automative spark plugs, announced a new $100 million fund to invest in startups and find potential merger and acquisition deals. The fund was launched with Pegasus Tech Ventures, the “venture capital as a service” firm that has also worked with corporations like Sega Sammy Holdings,…
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12 April 2021 0

Cruise strikes deal to launch robotaxi service in Dubai

Cruise has expanded its robotaxi ambitions beyond San Francisco. The autonomous vehicle subsidiary of GM that also has backing from SoftBank Vision Fund, Microsoft and Honda, has struck a deal to launch a robotaxi service in Dubai in 2023. The robotaxi service in Dubai will use the Cruise Origin, the all-electric shuttle-like vehicle that has…
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12 April 2021 0

The 2022 Mercedes-Benz EQS stakes its claim on a luxury, electric future

A day spent driving a pre-production 2022 Mercedes Benz EQS provided an up-close look at what the German automaker has been doing with the billions of dollars it has dedicated to electrification. The EQS is a meticulously designed flagship sedan that brings together the automaker’s MBUX infotainment system, a new electric platform and advancements in…
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12 April 2021 0

Job postings hint at winners of NYC and London e-scooter pilots

A batch of job listings along with some Twitter whisperings suggests that scooter companies such as Lime and Superpedestrian are gearing up to operate in London and New York City — two of the last remaining frontiers of shared-scooter services. A review of job listings, company websites and LinkedIn shows that Lime and Dott are…
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9 April 2021 0