Autonomous vehicle startup Argo AI closing in wake of Ford losses

Autonomous auto organization Argo AI is shutting down. In an earnings report, Ford (a important trader in Argo AI) famous that the enterprise is becoming wound down and that it…

EV startup Arrival to refocus business on electric vans for the U.S. market

In 2018, fledgling EV maker Arrival partnered with UPS to make a new era of electric supply vans, starting with a pilot fleet of 35 autos, for use in both…

India’s startup market has tremendous potential

India’s startup industry is worth betting on, nevertheless it’s still “a couple yrs” driving China’s, Facebook co-founder Eduardo Saverin explained.¬† During a panel dialogue at the¬†Forbes World wide CEO Convention…

Harbinger EV startup medium trucks NAIAS 2022

Harbinger EV truck Jack Schroeder | Harbinger A new Los Angeles-primarily based electrical automobile startup started by veterans of Canoo and QuantumScape explained Wednesday it is preparing to shake up…

Electric vehicle startup Lordstown Motors names new CEO following Foxconn deal

Signage outside Lordstown Motors Corp. headquarters in Lordstown, Ohio, on Saturday, Might 15, 2021. Dustin Franz | Bloomberg | Getty Illustrations or photos Electrical automobile startup Lordstown Motors explained Tuesday…

UK-based startup Tevva launches hydrogen-electric truck

U.K.-dependent startup Tevva on Thursday introduced a hydrogen-electric powered weighty goods car or truck, starting to be the newest organization to make a perform in a sector attracting fascination from…

EV start-up Electric Last Mile Solutions to declare bankruptcy

The ELMS Urban Shipping and delivery, expected to launch afterwards this yr, is anticipated to be the first Course 1 professional electric powered car offered in the U.S. market place…

Chinese electric car start-up WM Motor files to go public in Hong Kong

Chinese electrical auto enterprise WM Motor, or Weltmeister, submitted Wednesday to go general public in Hong Kong. Pictured below is a single of the firm’s cars and trucks in a…

Start-up investor Jason Calacanis raising millions for Twitter stake

Jason Calacanis Adam Jeffery | CNBC Angel trader Jason Calacanis, an early backer of Uber and Robinhood, is searching for to raise tens of millions of dollars for a stake…

Rivian stock plummets as Ford sells shares of EV start-up

Shares of Rivian Automotive shut Monday at a new minimal pursuing a CNBC report that Ford Motor is advertising 8 million shares of the electrical car or truck start out-up.…