Tag: transportation
Dott, Lime and Tier selected for London e-scooter trial
Transport for London and London Councils have announced Dott, Lime and Tier Mobility as the winners of its prized e-scooter pilot, confirming last month’s suspicions based on job postings by the companies. Last year, the government legalized e-scooter rental trials by local authorities, although private e-scooter riding is still illegal. This…
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California Gov. Newsom proposes $3.2B in EV investment as part of economic recovery package
California Governor Gavin Newsom, a vocal proponent of electric vehicles, on Friday debuted a new proposal that would earmark $3.2 billion to boost EV infrastructure and adoption in the state. “This is a big deal,” Newsom said at a press conference Friday. “The Biden administration’s been talking a lot about…
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Opportunity knocks: Exhibit at TC Sessions: Mobility 2021
No matter what slice of the mobility market you’ve claimed as your own — AVs, EVs, data mining, AI, dockless scooters, robotics or the batteries that will charge and change the world — you won’t find a better place to showcase your extraordinary tech and talent than TC Sessions: Mobility…
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Fisker and Foxconn sign deal to build electric vehicles
Electric car startup Fisker signed an agreement with Foxconn, the Taiwanese company that assembles iPhones, to co-develop and manufacture a new electric vehicle. Production on the car, which will be sold under the Fisker brand name in North America, Europe, China and India, will begin in the U.S. by the…
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China’s WeRide secures more funding, pushing valuation to $3.3 billion
Only four months after securing Series B fundraising of $310 million, Chinese autonomous driving company WeRide says it has achieved its Series C funding round that brings its post-money valuation to $3 billion. This is first time the company has disclosed its value. The company did not share how much…
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Elon Musk, Technoking of Tesla, orders a halt to bitcoin car payments
Tesla CEO and self-dubbed Technoking is back-peddling on the company’s stance about bitcoin and has suspended purchases of its electric vehicles with the cryptocurrency. The change of stance, which was delivered via tweet, comes just weeks after Tesla CFO and dubbed “Master of Coin” Zach Kirkhorn said the company believes…
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