cars
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Trends
Karma Automotive to lay off 60 more workers at California headquarters
Karma Automotive is laying off 60 workers at its Irvine, Calif., headquarters, just three months after cutting 200 workers, according…
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Business
Los Angeles-based SureSale is developing an independent certification service for used cars
Donny Hall, the chief executive and co-founder of the used car certification service, SureSale, knows used cars. The serial entrepreneur…
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Trends
The electric Porsche Taycan Turbo has an EPA range of 201 miles
The Porsche Taycan Turbo, one of several variants of the German automaker’s first all-electric vehicles, has an EPA estimated range…
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STARTUPS
Electric vehicle startup Nio lays off 141 employees at its North American headquarters
Electric vehicle startup Nio is laying off 141 people at its North American headquarters. According to a filing from Employment…
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Trends
Mercedes prices its all-electric EQC SUV at $67,900
The Mercedes-Benz EQC 400 4MATIC, the German automaker’s first all-electric vehicle under its new EQ brand, will start at $67,900…
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Trends
Ford unveils the Mustang Mach-E, an all-electric crossover with muscle car roots
Ford unveiled Sunday ahead of the LA Auto Show the Mustang Mach-E, the highly anticipated all-electric crossover and the first…
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Trends
Chinese EV startup Xpeng Motors raises $400 million, takes on Xiaomi as strategic investor
Xpeng Motors, the Chinese electric vehicle startup backed by Alibaba and Foxconn, has raised a fresh injection of $400 million…
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STARTUPS
OLX Group invests up to $400M in used car marketplace Frontier Car Group at $700M valuation
Frontier Car Group, the Berlin-based startup building used-car marketplaces targeting high-growth, emerging markets, has picked up another significant round of…
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Trends
Elon Musk predicts Tesla energy could be ‘bigger’ than its EV business
Tesla CEO Elon Musk forecast that the company’s energy business will eventually be the same size as— or even bigger…
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Trends
Ford expands self-driving vehicle fleet to Austin
Ford is adding another city to the list of places it’s going to be deploying self-driving vehicles: Austin. The automaker…
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