Browsing: Valuation
U.S. autonomous vehicle startup Nuro has secured $106 million in fresh capital through a Series E funding round, bringing its…
A U.S. bankruptcy judge has approved the sale of most assets of bankrupt electric vehicle (EV) startup Canoo to its…
Aurora Innovation has published a comprehensive Driverless Safety Report detailing the company’s approach to safety engineering, risk assessment, and cybersecurity…
Shares of Chinese electric vehicle (EV) makers listed in Hong Kong fell sharply on Monday, after former U.S. President Donald…
BMW and Mercedes-Benz are close to finalizing a deal to sell their jointly owned mobility app, FreeNow, to U.S. ride-hailing…
Advanced battery materials firm Vianode has introduced its first product based on recycled graphite, marking a step toward more sustainable…
The head of one of the largest U.S. labor unions has called on major asset managers to reassess Tesla’s (TSLA.O)…
Evergrande’s EV Unit Sells Swedish Property Stake for $5.6 Million Amid Financial Struggles
By Linda Ma
China Evergrande Group’s electric vehicle unit has agreed to sell its 20% stake in a Swedish real estate property lessor…
LeddarTech Holdings Inc. has announced a key milestone with its first major original equipment manufacturer (OEM) design win for its…
China Evergrande New Energy Vehicle said on Monday it is facing difficulties in securing strategic investors due to a severe…
A new German research initiative, RELIBRE, is exploring the use of computed tomography (CT) technology to assess how usage and…
The revamped Tesla Model 3 “Highland” has claimed the title of Edmunds’ Top Rated EV for 2025, surpassing tough competition…
Netradyne, a California-based startup specializing in AI-enabled dashcams for commercial fleets, has secured $90 million in Series D funding at…
Microsoft will record an $800 million impairment charge following General Motors’ decision to discontinue its Cruise robotaxi program, according to…
As Tesla’s Cybertruck moves into wider availability, its once-soaring used market prices are starting to adjust. Earlier this year, used…
Hyundai has teamed up with Amazon to bring its top-selling electric vehicles, including the Ioniq 5, to the e-commerce platform,…
Pony AI Goes Public on Nasdaq, Raises $413 Million in Autonomous Driving Sector’s Largest IPO of 2024
By Ryan Fisher
Chinese autonomous driving startup Pony AI (NASDAQ: PONY) debuted on the Nasdaq stock exchange, completing the year’s largest U.S. IPO…
Volkswagen, Northvolt’s largest shareholder, has significantly written down the value of its 21% stake in the Swedish battery cell manufacturer…
German supplier Handtmann Systemtechnik has introduced a modular lithium iron phosphate (LFP) battery system designed for use in heavy vehicles,…
Chinese autonomous driving company Pony.AI is pursuing a U.S. initial public offering (IPO) with a valuation target of up to…