Rivian announced Friday that it has closed a $2.5 billion private funding round led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor and funds and accounts advised by T. Rowe Price Associates Inc. Third Point, Fidelity Management and Research Company, Dragoneer Investment Group, and Coatue also participated in the round. “As we near […]
GM is rolling out three major upgrades including automatic lanes changes and towing support to its hands-free driver assistance system Super Cruise and making it available in six vehicles, including the 2022 all-new GMC Hummer EV pickup truck. While GM has steadily improved Super Cruise since its introduction in 2017, for years it has been […]
Arrival, the commercial electric vehicle company that is shaking up the traditional auto production line with AI-run microfactories, has been chosen to build electric buses for the City of Anaheim, California. The Federal Transportation Administration awarded Anaheim a $2 million grant in 2019, and on Thursday the city’s transportation network announced the plan to partner […]
Rivian electric vehicle charging stations are coming to yet another state park system. The EV startup said it would install its so-called “waypoint” chargers at all of Tennessee’s 56 state parks, just four months after announcing a similar agreement with the state of Colorado. It’s the next step in Rivian’s plans to build out its […]
Tesla will allow other electric vehicles to access its global network of chargers later this year, CEO Elon Musk tweeted Tuesday. The comment follows years of chatter by Musk that signaled the company was amenable to the idea. Until now, there have never been any details about how or when the company would open up […]