Elon Musk, main government officer of Tesla Inc., departs court docket in San Francisco, California, US, on Tuesday, Jan. 24, 2023. Marlena Sloss | Bloomberg | Getty Visuals The SEC…
Tag: funding
EV battery firm Britishvolt averts immediate collapse with short-term funding
Charging points for electric powered motor vehicles in London, England. Jon Challicom | Instant | Getty Images LONDON — U.K.-based mostly electric powered automobile battery business Britishvolt said Wednesday it…
Elon Musk touted the ‘importance’ of Tesla being a publicly traded company just 4 years after trying to take it private with his ‘funding secured’ tweet
Andrew Kelly/Reuters At Tesla’s AI Day party, Elon Musk touted the positive aspects of Tesla currently being a publicly traded company. Musk appears to have altered his stance due to…
VW and Goldman-backed Northvolt gets $1.1 billion funding
Northvolt’s most new funding announcement will come at a time when big economies are laying out ideas to shift away from motor vehicles that use diesel and gasoline. Mikael Sjoberg…
Elon Musk ‘funding secured’ tweets ruled false, new court filing suggests
Elon Musk Krisztian Bocsi | Bloomberg | Getty Photos In a courtroom submitting out late Friday, shareholders who are suing Tesla and CEO Elon Musk over alleged securities fraud said…
Robotaxi start-up Pony.ai valued at $8.5 billion after fresh funding
An autonomous auto jointly developed by Toyota and Pony.ai is on show in the course of the 3rd China Worldwide Import Expo (CIIE) at the Countrywide Exhibition and Convention Middle…
European Uber rival Bolt valued at $8.4 billion in new funding round
A assortment of merchandise from Estonian journey-hailing start off-up Bolt. LONDON — The competitiveness is obtaining more durable for Uber in Europe. Estonia-primarily based ride-hailing commence-up Bolt said Tuesday it…
GAC, Nio-backed EV start-up Hycan claims another funding round coming
Hycan CEO Yang Ying speaks with CNBC’s Evelyn Cheng during the 2021 East Tech West meeting in the Nansha district of Guangzhou, China. GUANGZHOU, China — Chinese electrical car commence-up…
Automakers funding new tech aimed at making greener lithium for EVs
CALIPATRIA, Calif. – Automakers, buyers and even oilfield big Schlumberger NV are beginning to embrace environmentally helpful technologies to produce lithium that could aid meet up with 25% or far…
Alibaba leads $300 million funding of driverless car firm DeepRoute.ai
A Deeproute.ai robotaxi on display. Deeproute.ai GUANGZHOU, China — Alibaba has led investments truly worth more than $300 million into Chinese autonomous driving get started-up DeepRoute.ai. The Shenzhen-centered get started-up…