• 19
    May

    Arculus raises €16M to upgrade assembly lines with its ‘modular production platform’

    Arculus, the Ingolstadt, Germany-based startup that has developed a “modular production platform” to bring assembly lines into the 21st century, has raised €16 million in Series A investment. Leading the round is European venture firm Atomico, with participation from Visionaries Club and previous investor La Famiglia. Arculus says it will use the injection of capital to “strengthen product development, broaden ...
  • 6
    May

    Volkswagen to start sales of first-edition all-electric ID.3 hatchback in June

    Volkswagen plans to start selling the launch edition of its ID.3 vehicle next month to customers who placed pre-orders of the all-electric hatchback. Customers who made reservations for the launch edition, known as ID.3 1st, will be able to order their vehicle starting June 17, according to a tweet posted by Volkswagen board member Jürgen Stackmann. Volkswagen has registered more than 37,000 ...
  • 23
    Apr

    Ford goes drag racing with 1,400 HP electric Mustang Cobra Jet

    Ford today took the wraps off an electric Mustang prototype. Called Mustang Cobra Jet 1,400, it carries Ford’s long tradition of drag racing the Mustang. But for the first time, a quiet electric power plant is spinning the slicks instead of a roaring V8. This one-off prototype is said to hit mid-eight second quarter-mile times thanks to 1,400 HP and ...
  • 3
    Jan

    Made in China: Tesla Model 3 deliveries to Chinese customers to begin January 7

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    The first deliveries of Tesla Model 3 sedans made in China will begin January 7, one year after the U.S. automaker began construction on its first factory outside the United States. The deliveries to customers — which Reuters was first to report based on confirmation from a Tesla representative — is a milestone for Tesla as it tries to carve out market ...
  • 27
    Sep

    Tesla V10.0 car software update adds Smart Summon, Netflix/YouTube, Spotify, karaoke and more

    Tesla is rolling out a new software update that adds a slew of new features to its cars. These include the new “Smart Summon” feature, which will allow cars equipped with the optional $5,000 full-self driving package to automatically drive themselves from a parking spot to collect you in a parking lot. This is one of the most advanced semi-self-driving features that ...
  • 28
    Aug

    Rwanda to phase out gas motorcycle-taxis for e-motos

    The government of Rwanda will soon issue national policy-guidelines to eliminate gas motorcycles in its taxi sector in favor of e-motos. The country’s president Paul Kagame previewed the plan last week. “We will find a way to replace the ones you have now. We urge taxi-moto operators to help us when the phase-out process comes,” he said speaking at a youth forum. ...
  • 28
    Aug

    Peloton files publicly for IPO

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    Peloton, the well-funded maker of internet-connected stationary bikes and treadmills, has finally revealed documents for its upcoming initial public offering. The business previously submitted a confidential draft submission of its S-1 statement to the U.S. Securities and Exchange Commission in June. The New York-based company, which plans to raise $500 million in its Nasdaq offering, will trade under the ticker symbol PTON. Peloton reported ...
  • 20
    Aug

    Waymo self-driving cars head to Florida for rainy season

    Waymo  is taking some of its autonomous vehicles to Florida just in time for hurricane season to begin testing in heavy rain. The move to Florida will focus on testing how its myriad of sensors hold up during the region’s rainy season as well as to collect data. All of the vehicles will be manually driven by trained drivers. Waymo  will bring ...
  • 20
    Aug

    Segway-Ninebot’s new scooter drives to its docking station for a recharge

    At an event in Beijing last week, Chinese scooter company Segway-Ninebot Group unveiled a trio of new products. The most compelling of the bunch was no doubt the KickScooter T60, which harnesses AI to drive itself back to the charging station. The company says it will start piloting the products next quarter, with a timeline for commercialization realized some time early next ...
  • 20
    Aug

    Porsche is integrating Apple Music into the all-electric Taycan

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    Porsche  said Monday it will integrate Apple  Music into its upcoming all-electric Taycan sports car, the first time the music streaming service has been offered as a standalone app within a vehicle. The announcement illustrates the latest efforts by Porsche to focus on digital entertainment in its vehicles as well as its further alignment with Apple. The Apple Music integration will begin with ...