transport
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STARTUPS
Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million
Less than a month after rebranding as Canoo, the startup electric vehicle company formerly known as Evelozcity is on the…
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Trends
Ford is bringing an electric Transit van to Europe by 2021
Ford plans to bring an electric Transit commercial van to the European market by 2021 as part of the automaker’s…
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STARTUPS
Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic
One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun…
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Trends
China’s Didi reportedly lost a staggering $1.6 billion in 2018
China’s largest car-hailing company is facing relentless pressure from all fronts. Beijing-based Didi Chuxing reportedly lost a staggering 10.9 billion…
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Trends
Investors are pouring money into Latin America’s logistics and shipping businesses
New technology companies are poised to transform the shipping and freight industry across Latin America. Startups like Liftit, a Colombian…
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Trends
BMW, Porsche, Jaguar Land Rover invest in roadside assistance startup Urgently
Urgently, the roadside assistance startup that connects car owners who need help with tow truck and other services, has raised…
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Trends
Veteran Googler heads to Lyft to lead 1,000-plus person engineering team
Eisar Lipkovitz, a veteran Google executive who most recently led the video and display advertising team there, is leaving the…
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Trends
Tesla to recall 14,000 Model S cars in China over faulty Takata airbags
China’s top market regulator said on Friday that Tesla will recall a total of 14,123 imported Model S vehicles in…
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Trends
GM is transforming Cadillac into an electric brand
General Motors is turning Cadillac into its lead electric vehicle brand in a bid to compete against Tesla as well…
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Trends
World’s most valuable AI startup SenseTime unveils self-driving center in Japan
The world’s highest-valued artificial intelligence startup SenseTime has set foot in Japan. The Beijing-based firm announced on Friday that it…
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