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Ford, Bosch, and Bedrock announce an automated valet parking garage in Detroit

Ford, Bosch, and Bedrock announce an automated valet parking garage in Detroit Ford, Bosch, and Bedrock Technologies today announced an automated valet parking demonstration in downtown Detroit. This system is designed to allow drivers to exit a vehicle and the vehicle would park itself in the parking structure. Systems in a Ford […]

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Moon lander startup ispace raises $28 million and launches a new lunar data platform

Moon lander startup ispace raises million and launches a new lunar data platform ispace, one of the startups working on putting a private lunar lander on the Moon sometime in the next few years has raised a $28 million Series B funding round, which will be used to help it continue to […]

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Tesla blows past Toyota to become most valuable automaker in the world

Tesla blows past Toyota to become most valuable automaker in the world In 10 years, Tesla has gone from public market newbie to the most valuable automaker in the world by market value. The electric automaker had long since passed the valuations of Ford and GM and in January became the most […]

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Elementary Robotics is making its quality assurance robots commercially available

Elementary Robotics is making its quality assurance robots commercially available Two years and over $17 million after it first began working on its robots for quality assurance, the Los Angeles-based Elementary Robotics has finally made its products commercially available. The company already boasts a few very large initial customers in the automotive […]

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Nikola Motor to open pre-orders for fuel cell pickup truck to compete with Ford, Tesla

Nikola Motor to open pre-orders for fuel cell pickup truck to compete with Ford, Tesla Nikola Motor, the Arizona startup that made its debut as a publicly traded company June 4, will open up reservations later this month for a hydrogen fuel cell electric pickup truck that was designed to compete with […]

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Ford’s 2020 Escape plug-in hybrid takes aim at Toyota RAV4 PRIME

Ford’s 2020 Escape plug-in hybrid takes aim at Toyota RAV4 PRIME The 2020 Ford Escape plug-in hybrid — a first for the SUV — comes with an EPA-estimated 37 miles of all-electric driving range and 100 miles per gallon equivalent, stats that will put the redesigned model into competition with the new […]

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Tesla cuts prices across EV line up, ends free supercharging for Model S, Model X

Tesla cuts prices across EV line up, ends free supercharging for Model S, Model X Tesla slashed prices across its electric vehicle portfolio overnight as the automaker aims to boost sales in an economy beaten down by the COVID-19 pandemic. Reuters and Electrek were the first to report the changes. The base […]

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Scandit raises $80M as COVID-19 drives demand for contactless deliveries

Scandit raises M as COVID-19 drives demand for contactless deliveries Enterprise barcode scanner company Scandit has closed an $80 million Series C round, led by Silicon Valley VC firm G2VP. Atomico, GV, Kreos, NGP Capital, Salesforce Ventures and Swisscom Ventures also participated in the round — which brings its total raised to […]

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Major automakers Toyota, Honda, FCA extend factory closures

Major automakers Toyota, Honda, FCA extend factory closures Toyota, Honda and Fiat Chrysler Automobiles will not reopen North American factories at the end of the month as planned, as the COVID-19 disease spreads and dampens demand for new cars, trucks and SUVs. FCA said Thursday that plants across the U.S. and Canada, […]

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A snapshot of the leading startups in Africa’s top VC markets

A snapshot of the leading startups in Africa’s top VC markets TechCrunch did a synopsis recently on Africa’s 2019 VC stats. Analyses from investment fund Partech and media outlets Disrupt Africa and WeeTracker came up with varied numbers, but there was a common trend: the top two countries for venture capital to […]

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