Category: transport
Los Angeles-based SureSale is developing an independent certification service for used cars
Donny Hall, the chief executive and co-founder of the used car certification service, SureSale, knows used cars. The serial entrepreneur built and sold a previous business which was designed CarSure, an insurance plan for vehicle repairs. After selling that business in 2017 to Innovative Aftermarket Systems, Hall decided that his…
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OptimoRoute raises $6.5M Series A to help businesses better plan their routes
Route planning sounds like it’s a problem for big logistics companies like Amazon, FedEx and UPS, but in reality, it’s something every small business with more than a few mobile employees deals with. OptimoRoute, which today announced that it has raised a $6.5 million Series A round led by Prelude…
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GM is bringing back the Hummer as an electric ‘super truck’ with 1,000 horsepower
GM is bringing back the Hummer in a new electric form. The automaker confirmed Thursday plans to produce an all-electric Hummer with 1,000 horsepower and the ability to accelerate from zero to 60 miles per hour in 3 seconds. This ‘super truck,’ which GM teased in a several videos, will…
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Tesla shares jump on profitable quarter, Model Y production
Tesla continued its profitability streak in the fourth quarter, earning $105 million, results that beat expectations and sent shares higher in after market trading Wednesday. according to earnings reported after the market closed Wednesday. Tesla also announced Wednesday that production of the Model Y started this month, ahead of schedule.…
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Rivian is building Lincoln an all-electric vehicle
Lincoln Motor’s first all-electric vehicle is coming from Rivian . Lincoln, the luxury brand under Ford, said Wednesday the two companies will work together to develop an “all-new” electric vehicle. This electric vehicle, or at least the intent to build it, was announced in April as part of Ford’s $500…
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