Porsche raises stake in electric car and components maker Rimac Automobili
Rimac Automobili, the Croatian company known for its electric hypercars and battery and powertrain development, has gained yet another investment from Porsche AG.
Porsche said Monday it has invested €70 million ($83.3 million) into Rimac, a move that increases its stake from 15% to 24%.
California bill would require all self-driving vehicles to be zero emission by 2025
California might be the first state to give self-driving cars a deadline to electrify.
In mid-February, a bill was quietly introduced into the California State Legislature that would require all autonomous vehicles to also be zero emission by 2025. Proposed Bill SB 500, which was introduced by Sena
Porsche unveils two new electric bikes alongside the Taycan Gran Turismo
Porsche is taking its electrification ambitions to two wheels.
The German automaker unveiled two electric bikes Thursday, alongside the global debut of the Porsche Taycan Cross Turismo, the latest variant to its EV flagship.
Both electric bikes are said to be inspired by the Taycan,
GM, LG Chem studying the feasibility of a second battery cell plant in the US
General Motors is exploring building a second U.S. battery cell manufacturing plant with its joint-venture partner, Seoul, South Korea-based LG Chem.
If the plant moves forward, it would be the latest in a series of investments aimed at building out the auto giant's portfolio of electric vehicl
Luxury air travel startup Aero raises $20M
Aero, a startup backed by Garrett Camp’s startup studio Expa, has raised $20 million in Series A funding — right as CEO Uma Subramanian said demand for air travel is returning “with a vengeance.”
I last wrote about Aero in 2019, when it announced Subramanian’s appointment
The Aston Martin DBX is a tale of two vehicles
The Aston Martin DBX is the brand’s first SUV — and the stakes for the iconic British luxury car maker couldn’t be higher.
Like Astons before it, the DBX is objectively handsome. Its sculptural form stretches out to unapologetic ample proportions, and stands out in the crowd of SU
EV rivals Tesla, Rivian unite to target direct sales legislation
Tesla, Rivian, Lordstown Motors and Lucid Motors — potential rivals in the burgeoning EV market — are working together to pass laws that would allow direct sales in at least eight states with another batch of proposed legislation likely being introduced this year.
Passage of such legisl
Is EV charging the next gig for the gig economy? SparkCharge thinks so
Last week the mobile charging battery company SparkCharge announced a partnership agreement with AllState that expands the company’s reach into vehicle services, driving the company further down the road toward its goal of making electric vehicle charging the next gig economy job.
The company
Hyzon Motors’ hydrogen fuel ambitions include two US factories
Hyzon Motors plans to produce fuel cells, including a critical component required to power hydrogen vehicles, at two U.S. factories in a move aimed at kickstarting domestic production at a commercial scale.
The hydrogen-powered truck and bus manufacturer has already leased a 28,000-square-foot faci
The Station: Lucid Motors, Joby Aviation take the SPAC path and Sergey Brin’s airship ambitions
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Lime unveils new e-bike as part of $50 million investment to add 25 cities
Lime said Monday it has allocated $50 million toward its bike-share operation, an investment that has been used to develop a new e-bike and will fund its expansion this year to another 25 cities in North America, Europe, Australia and New Zealand.
If the company hits its goal, Lime’s bike-s
Sergey Brin's airship aims to use world's biggest mobile hydrogen fuel cell
Sergey Brin's secretive airship company LTA Research and Exploration is planning to power a huge disaster relief airship with an equally record-breaking hydrogen fuel cell.
A job listing from the company, which is based in Mountain View, California and Akron, Ohio, reveals that LTA wants to con
Can solid state batteries power up for the next generation of EVs?
Lithium-ion batteries power almost every new phone, laptop and electric vehicle. But unlike processors or solar panels, which have improved exponentially, lithium-ion batteries have inched along with only incremental gains.
For the last decade, developers of solid state battery systems have promise
Apple supplier Foxconn reaches tentative agreement to build Fisker’s next electric car
"">Apple supplier Foxconn Technology Group has reached a tentative agreement with electric vehicle startup-turned-SPAC Fisker to develop and eventually manufacture an EV that will be sold in North America, Europe, China and India.
Fisker and Foxconn said Wednesday that a memorandum of understanding