Redwood Materials raises $1B to expand US battery supply chain
Redwood Materials, the battery recycling startup founded by former Tesla co-founder and CTO JB Straubel, has raised over $1 billion in a Series D round at a post-money valuation of over $5 billion, according to a source familiar with the matter. The raise brings Redwood’s total equity capital
Mercedes to open first charging hubs in Atlanta, China, Germany
Mercedes-Benz has shared plans to open its first electric vehicle DC fast-charging hubs in Atlanta, Georgia; Chengdu, China; and Mannheim, Germany, starting in the fourth quarter of 2023.
The automaker plans to install 2,000 charging hubs worldwide by the end of 2024, with 10,000 chargers in North
Cruise is bringing its robotaxis to Seattle and Washington, DC
Cruise, the self-driving subsidiary of General Motors, said Monday it has begun manual data collection in Seattle and Washington, DC, the first step toward launching commercial services in the cities.
Data collection involves manually driving a robotaxi around to grab information on the local drivi
Google Flights will now tell you when it’s the cheapest time to book
Google Flights today is releasing a new feature that wl help travelers better determine the right time to book. Rolling out this week, the company is debuting new insights that wl leverage historical trend data that lets consumers see when prices have typically been lowest to their chosen destinati
The battery business is booming and Zeekr kicks off its IPO roadshow
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Tesla investors might get payout from SEC settlement
Tesla shareholders who claimed to face financial losses after CEO Elon Musk tweeted about taking the company private might be on the verge of receiving compensation from a $42.3 million fund established as part of Musk’s federal securities fraud settlement.
The United States Securities and Ex
Uber, squeezed by insurance, increases minimum age for new drivers in California
Uber has raised the minimum age requirement for new rides-hailing drivers in California to 25 years old due to what it described as “baselessly higher” commercial insurance costs in the state.
The new policy will only apply to new drivers planning to use the rideshare platform. Those wh
Joby Aviation narrows down to Ohio or North Carolina for new air taxi factory
"speakable-summary" style="text-align: left;">Joby Aviation is on the verge of choosing the location for its electric aircraft factory, with the choice now between Ohio and North Carolina, according to multiple sources who spoke to technewss on condition of anonymity.
The California-based startup,
Polestar 4 to feature Mobileye’s hands-off, eyes-off driving tech
Swedish electric vehicle maker Polestar wants to bring Mobileye’s Chauffeur, a hands-off, eyes-off autonomous driving technology, to its Polestar 4 electric SUV coupe.
The Polestar 4, which launched Friday in China and will hit global markets in 2024, comes standard with Mobileye’s Supe
ASKA’s A5 eVTOL aircraft spread its wings but didn’t fly at Pebble Beach
I don’t know what I expected the ASKA A5 to look like in person, but the machine lurking in a parking lot just outside of Monterey Regional Airport wasn’t it. Like a cross between a piece of commercial farm equipment and a contraption from G.I. Joe’s nemesis Cobra, the A5 makes a
Automakers now have to comply with MA’s Right to Repair law
"speakable-summary" data-testid="paragraph-0">The National Highway Traffic Safety Administration (NHTSA) said Tuesday automakers can comply with a Massachusetts Right to Repair law, reversing a previous directive to ignore the state legislation.
Massachusetts’s Right to Repair law was a ballot
Second-life Jaguar I-Pace batteries to power energy storage systems
JLR has found a use for its second-life Jaguar I-Pace batteries.
The automaker, formerly known as Jaguar Land Rover, is working with Wykes Engineering, a manufacturer of renewable energy products, to develop one of the largest energy storage systems in the U.K. to harness solar and wind power using
Grieving widow sues Tesla over deadly Model 3 crash and explosion
A grieving widow is suing Tesla after her husband’s 2020 Model 3 crashed and exploded, causing a fire that resulted in his death.
The plaintiff, Jiyoung Yoon, claims Tesla played a role in designing, manufacturing, distributing and selling her husband’s car in its “defective and u
More complaints prompt NHTSA probe of Ford 2022 Mach-E recall
The National Highway Traffic Safety Administration (NHTSA) said Monday it is investigating whether Ford‘s 2022 recall of nearly 49,000 Mustang Mach-E electric vehicles sufficiently addressed issues and whether more vehicles should be included in the recall.
Ford recalled 48,924 of its 2021 an