Tag: transportation
GM partners with startup SolidEnergy Systems to pack more energy in its batteries
GM’s venture arm invested in battery startup SolidEnergy Systems five years ago. Now, GM is tapping the MIT spinout to help it pack more energy into its batteries, the latest in a string of moves by the automaker aimed at accelerating its shift to electric vehicles. GM president Mark Reuss,…
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South Africa’s FlexClub adds $5M to seed round to scale its car subscription marketplace
The traditional process of buying, insuring and financing cars across emerging markets can be challenging, and it defeats the purpose of building an all-around car shopping experience. Today, FlexClub, a South African company, has been provided with $5 million to improve drivers’ experience in these markets. FlexClub was founded in…
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Polestar’s latest EV concept is an adorable three-wheeled cargo sled
At this point in its history, Volvo’s Polestar brand is best known for making upscale EVs like the $60,000 Polestar 2. That’s what makes its latest project, Re:Move, so unusual. It’s a three-wheeled electric sled that came out of a remote collaboration between the automaker, industrial designer Konstantin Grcic, electric motorcycle maker Cake,…
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Via buys mapping startup Remix for $100 million
Remix, the startup that developed mapping software used by cities for transportation planning and street design, was born out of a hackathon during a Code for America fellowship. Nearly seven years later, the San Francisco-based startup is being acquired by Via for $100 million in cash and equity. Remix will…
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Volkswagen’s ID.4 EV is the basic people mover you’ve been waiting for
Dieselgate has shaken Volkswagen to its foundation, prompting the automaker to embrace a radical new direction and invest nearly $40 billion into EV R&D as well as the factory tech needed to make it. The initial result of that massive investment has now hit the streets in the form of…
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From electric charging to supply chain management, InMotion Ventures preps Jaguar for a sustainable future
Since InMotion Ventures, the independent investment and incubation initiative set up by Jaguar Land Rover, launched in 2016 the firm has focused on backing companies across the mobility space broadly. Its 15 active investments run the gamut from autonomous vehicles, to car insurance tech, to ride-sharing, and travel planning, but…
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