Month: February 2023

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
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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
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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
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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
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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
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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
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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
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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
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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
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