Transportation

Autonomous driving system developer Ghost Locomotion has raised a $100 million Series D funding round, led by Sutter Hill Ventures. Returning investor Founders Fund also participated in the round, along with Coatue. The money will be used toward R&D as the company continues to develop its highw

BMW i Ventures, the venture capital arm of BMW Group, has announced a new $300 million fund to further its investment in technologies that make transportation, manufacturing and supply chains more sustainable.  The firm doesn't operate as a traditional corporate venture capital fund, but rathe

Volvo Cars wants to completely electrify its lineup by 2030 and on Wednesday offered a glimpse into how it plans to get there and what its next generation of vehicles might look like. But it's not going to do it alone. Although the automaker plans on developing its own in-car operating system a

The Pittsburgh Strip District, once home to Industrial Age giants Alcoa, Heinz, U.S. Steel and Westinghouse, has evolved over the past decade into a technology and robotics hub, and notably, a testbed of autonomous vehicles.  That activity has more recently spilled out beyond Smallman Street, so-c

Online electric micromobility dealership Ridepanda has announced a raise of $3.75 million that the startup will use to build out its engineering, product and design teams to boost its e-commerce and B2B solutions. The company also wants to double down on strategic partnerships with delivery fleets

Mate Rimac’s founder story has the makings of automotive folklore. He started Rimac Automobili in his garage in 2009 as a literal one-person operation that has grown to a company with more than 1,000 employees, supply contracts with automakers like Porsche and a new electric hypercar moving i

Ford and GM’s century-old battle for market share is no longer restricted to gas- and diesel-powered passenger car, truck and SUV sales. The hottest market in the next decade is commercial and electric. In this new race, the two companies are taking different strategies as they square off aga

On a muggy Tuesday morning in Brooklyn, electrified mobility company Revel unveiled its first electric vehicle fast charging superhub. U.S. Secretary of Energy Jennifer Granholm joined the New York-based startup, alongside Revel's founder and CEO Frank Reig in a ribbon cutting ceremony.  R

Connected vehicle data startup Wejo has announced partnerships with Microsoft, Palantir and Sompo Holdings to improve its ability to collect, store and analyze data from millions of connected vehicles around the world.  This follows the GM-backed startup's announcement that it would be going p

The share of exports from Africa to the rest of the world ranged from 80% to 90% between 2000 and 2017. This has created a growing demand for Africa to be less dependent on commodity exports and focus on regional commerce. Not only does this decrease export dependence, but it also forms new markets

Honda said Monday it will sell its first electric SUV in North America in early 2024, part of the automaker's push to shift away from gas-powered vehicles before the middle of the decade. The new car’s name, Prologue, is meant to signify the beginning of what the company called its “new

The U.S. Department of Transportation launched a Smart City Challenge in 2015, which asked mid-sized cities across the country to come up with ideas for novel smart transportation systems that would use data and tech to improve mobility. Out of 78 applicants, Columbus, Ohio, emerged as the winner.

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