Phantom AI, a startup focused on creating a software-based platform for automated vehicles, has secured $36.5 million for its series C funding round, the company said Wednesday. The fresh funding will help accelerate development of its vehicle-agnostic and customizable platform. With this new round, Phantom AI has raised $80.2 million since its 2017 founding by
Month: February 2023
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley takes off his mask at the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford Motor is set to report its fourth-quarter earnings after the
By Eric Ralph Posted on February 1, 2023 SpaceX CEO Elon Musk says that the company could eventually develop an expendable version of its next-generation Starship rocket. Starship is extraordinarily ambitious. Even before considering the unproven concepts of orbital propellant refilling and full, rapid reusability that are central to the full system, Starship is a
The McLaren 720S bowed out of production at the end of 2022 but a successor is coming. McLaren’s president of the Americas region, Nicolas Brown, recently hinted that the successor will be a heavy update of the 720S and is already booked out through much of 2024. He said dealers took deposits from prospective 720S
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PARIS — Full-electric vehicles accounted for 14 percent of all new cars sold in Europe in 2022, largely driven by big increases in Germany, Europe’s largest auto market, and the UK. Only Italy registered a decline for the year. Full-electric vehicle registrations increased 29 percent to 1.58 million, industry group ACEA said on Wednesday. In absolute
6:09 PM ET Associated Press IndyCar driver Conor Daly would accept a last-minute Daytona 500 ride if offered the chance to enter “The Great American Race.” Helio Castroneves last week ruled out trying to make NASCAR’s season-opening race because the four-time Indianapolis 500 winner did not believe there was enough time to prepare for the
Pipe-Wielding Tesla Driver Accused Of Serial Road Rage Attacks Arrested In SoCal | Carscoops The suspect is in jail on a bond of over $5 million by Stephen Rivers 15 hours ago by Stephen Rivers Months after reports of a man violently attacking other motorists and their vehicles, police have a suspect in custody. The
SAN FRANCISCO – Tesla Inc. suppliers are bracing for pressure from Chief Executive Elon Musk and his team to cut their prices further after the EV maker aggressively slashed vehicle prices in a slowing economy, industry officials who work with the automaker and its suppliers said. The suppliers saw as ominous last month’s comments by
Road trips in electric vehicles could soon become more feasible and easier to plan with Electrify America charging stations coming to travel centers across the U.S. Electrify America and TravelCenters of America detailed a new partnership Monday to install 1,000 chargers at 200 TravelCenters locations along major highways over the next five years. The companies
In the race to find cleaner fuels, the heavy duty transportation sector is woefully behind because batteries don’t have enough juice to power trucks and ships. Enter ammonia. New technology and new companies are working on turning ammonia into hydrogen to power tractors, trucks and even ships. The heavy duty trucking industry alone accounts for
As part of the launch of its Nissan Futures event kicking off in Japan this week, Nissan Motor Company unveiled a physical EV convertible prototype called the Max-Out – based on a virtual rendering teased in 2021. The Japanese automaker says the electric convertible concept represents its ambitions for sustainability in the future, but we
COVENTRY, England — Developing fully autonomous vehicles that can go everywhere has proven harder and more expensive than expected, but investors are continuing to fund startups that target simpler self-driving vehicle solutions far removed from pedestrians and other vehicles operated by unpredictable humans. British AV software company Oxbotica, Sweden’s Einride, America’s Outrider and British supplier
VinFast Admits Offering Cash To Matt Farah After Mistaking Him For An Influencer | Carscoops The cash offer that Matt Farah rejected was on top of a free trip to Vietnam to drive and review the VF8 and VF9 by Stephen Rivers 3 hours ago by Stephen Rivers Matt Farah recently claimed that VinFast, the
LAS VEGAS—Daimler Truck North America unveiled its SuperTruck II Wednesday, showing off an efficient diesel big rig intended to demonstrate fuel-saving technologies that can be deployed as the trucking industry pivots to zero-emission vehicles. The sleek cab, painted in a pixelated rainbow livery to evoke a sense of effortless motion, is more of a proof-of-concept
LAS VEGAS — Electric truck builders are sounding the alarm on the lack of charging infrastructure and the time it takes to build as the freight and logistics industry transitions to zero-emission transport. Daimler Truck North America CEO John O’Leary told Automotive News his company has both the manufacturing capacity and customer interest to sell
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Electric truck maker Rivian Automotive said it is laying
Rivian’s VP of Manufacturing Tim Fallon shared this look back at 2022 – the company’s first full year of production, and a view ahead to 2023. There are no doubts that 2022 was a very challenging, but also a fruitful year for Rivian, which according to the video produced 25,000 electric vehicles – 25,051 to
Land Rover’s stylish Range Rover Velar enters the 2024 model year with subtle updates that help further enhance what’s already a well-rounded luxury crossover. While the focus of the changes is in the cabin, on the outside the designers have added a revised grille with extra detailing for the mesh pattern, a new signature for
On this episode of Wide Open Throttle, Jessi Lang takes you behind-the-scenes of Motor Trend’s 2013 Sport/Utility of the Year competition. Watch the Motor Trend team put this year’s 16 contenders through both instrumented and real-world testing and let us know which SUV you think is deserving of the crown. Wide Open Throttle appears every
In the auto industry’s rocky transition to electric vehicles, German Chancellor Olaf Scholz is celebrating a small but symbolic victory. The cause is a $3 billion deal between ZF Friedrichshafen and U.S. semiconductor maker Wolfspeed to produce chips for EVs in Saarland, a region in the western corner of Germany with an economy deeply tied
Car Hauler Flips Over, Takes Out New Ford Bronco In The Process | Carscoops The Bronco’s hardtop and windshield were crushed, while the passenger side front fender and doors were destroyed as the vehicle slid on the pavement. by Michael Gauthier 10 hours ago by Michael Gauthier The Ford Bronco remains a hot commodity, but
GM Financial‘s profit is expected to normalize this year after high used-vehicle prices during the past two years contributed to strong earnings results, executives said. The company said Tuesday that net income fell 33 percent to $605 million in the fourth quarter compared with the same time last year as the lender experienced the effects
Self-driving technology firm Aurora Innovation Inc. appointed Ossa Fisher as its first president. The move comes as part of the company’s efforts to prepare for a commercial launch of autonomous trucks. Fisher joins Aurora from Istation, an education-technology company based in Dallas. She oversaw engineering, product, sales and marketing divisions in her role as Istation’s
In this article GM Follow your favorite stocksCREATE FREE ACCOUNT Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Sauger for General Motors
By Eric Ralph Posted on January 31, 2023 SpaceX has installed a pair of rocket-catching arms on a tower meant to support the first East Coast launches of its next-generation Starship rocket. The company has been building the second of several planned Starship launch sites for more than three years. Ironically, work on that pad