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Lucid Group (formerly Lucid Motors) will be expanding its factory in Casa Grande, Arizona, by 2.7 million square feet, CEO Pete Rawlinson said Monday just hours after the company officially went public with a $4.5 billion injection of capital. The company also said it has 11,000 paid reservations f

Polestar plans to launch in nine more markets this year, doubling its global presence as it seeks to sell more of its electric sedans. The company, which is the electric performance vehicle brand under Volvo Car Group, said it is also planning to double the number of retail stores to 100 locations

Five weeks after Lordstown Motors issued a warning that it might not have enough funds to bring its electric pickup truck to market, a hedge fund managed by investment firm Yorkville Advisors has agreed to buy $400 million worth of shares over a three-year period, according to a regulatory filing p

A federal judge in Washington, D.C., has ordered a man accused of participating in the U.S. Capitol riot on January 6 to unlock his laptop “with his face” after prosecutors argued that the laptop likely contains video footage that would incriminate him in the attempted insurrection. Guy

We’ve seen helmets and AI that can spot brain tumors, but a new hard hat can actually treat them, too. As part of the latest neurological breakthrough, researchers used a helmet that generates a magnetic field to shrink a deadly tumor by a third. The 53-year-old patient who underwent the trea

Embedded finance — the process by which some of the more complicated, but also commoditized, aspects of financial services are built and wrapped in an API for anyone else to implement in their own products for end users — has become a huge cornerstone of how fintech is built today. Now,

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Sunday in your inbox. Hello friends and readers. Welcome to The Station, your central hub for all past, present and future means of moving people and packages

Queenly, a resale marketplace for formalwear, announced on Friday that it has grown its seed round to $6.3 million in a financing round led by Andreessen Horowitz's Connie Chan. The financing event brings Queenly's total venture raised to date at $7.1 million. Queenly sees itself as a “St

Jeff Bezos, the billionaire founder of Blue Origin, is offering to knock up to $2 billion off the cost of developing a lunar lander and to self-fund a pathfinder mission in exchange for a NASA contract. The specific contract in question relates to developing a lunar lander for the Human Landing Sys

Box released its new native e-signature product Box Sign on Monday, providing e-signature capability and unlimited signatures as part of Box's business and enterprise plans at no additional cost. The launch comes five months after the Redwood City, California-based company agreed to acquire e-s

Spotify is taking a cue from social networks like Facebook, which deliver a constant stream of notifications under a “bell” icon in the mobile app to keep users engaged with the latest content. This morning, Spotify introduced what it’s calling the “What’s New” f

Now that you have that COVID dog, Embark Veterinary wants to help him or her be in your life for a long time by offering DNA testing with the goal of curbing preventable diseases and increasing the lifespan of dogs by three years within the next decade. The Boston-based dog genetics company raised

The loss of a loved one is perhaps one of the most traumatic things a person can experience. When it comes to memorializing someone after their death, most people think of planning funerals and/or picking out caskets or tombstones. And those things are typically done with the help of a funeral home

Sila announced Monday it raised $13 million in Series A funding for its banking and payment platform that gives software teams tools to build the next generation of financial products and services. Revolution Ventures led the round and was joined by existing investors Madrona Venture Group, Oregon