Tag: Electric vehicles
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Electric Truck Startup Founded by Faraday Future and Canoo Alumni Is Raising $28 Million
Electron Transport, a Los Angeles startup founded by alumni of electric automaker Faraday Future and military technology firm Anduril, is raising a $28 million funding round, per regulatory filings. Dubbed a “stealth electrification startup” by its fo…
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Your Next Taco Bell Order Could Come with a Side of Electricity
Electric vehicle charging startup ChargeNet raised a $6.2 million seed round from local investors including the Los Angeles Cleantech Incubator, as it looks to expand its network of charging hubs at fast food restaurants across California. Aligned Cli…
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Former SpaceX Engineer’s Platform for Makers of EV, Rockets and Air Taxis Raises $14M
Led by a former SpaceX engineer, First Resonance makes software for aerospace and electric car makers to manage their inventory, supply chain and manufacturing process. Over the last year, the company has seen revenue shoot up 500% year-over-year and …
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BlueLA EV Car Share Is Expanding, Despite Cleanliness Concerns, Vandalism
When Florida-based EV operator Blink Mobility announced in September 2020 that it had acquired BlueLA, the official contractor for the city of Los Angeles’ EV car-sharing program, there were plenty of red flags.The previous vehicle supplier pulled out…
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Why Electric Vehicle Maker Phoenix Motors Is Going Public
SPI Energy filed regulatory papers this week to spin out its electric vehicle unit Anaheim-based Phoenix Motors with hopes of raising $150 million in the public market. Phoenix Motors is the latest in a progression of electric vehicle makers to go out…
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Goodbye, Diesel: Inside Romeo Power’s Plan to Electrify Trucks Nationwide
At a time when most electric vehicle manufacturers are struggling to deliver cars or finance their operations, electric battery maker Romeo Power is surging ahead. The five-year-old company founded by former SpaceX and Tesla engineers manufactures and…
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Ford and Rivian Nix Plans to Make an Electric Vehicle Together
Ford, one of Rivian’s biggest investors, no longer has plans to develop an electric vehicle using the high-flying EV company’s tech, Rivian said on Friday.”As Ford has scaled its own EV strategy and demand for Rivian vehicles has grown, we’ve mutually…
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LA Auto Show Unveils 6 Electric Vehicles You Haven’t Heard Of
After a two-year pandemic-induced hiatus, the L.A. Auto Show is returning with a crush of Southern California electric vehicle makers debuting cars ahead of next week’s show and new ones announcing they will enter the local market for the first time.W…
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Canoo Will Relocate LA Headquarters to Arkansas, Posts Growing Losses in Q3
Electric vehicle maker Canoo is abandoning its Torrance headquarters for Walmart’s home turf.The company announced as part of its third quarter earnings call Nov. 15 that it will soon move its corporate headquarters to Bentonville, Arkansas as it move…
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At a Sci Fi Legend’s Former Home, EV-Maker Rivian Experiments with a Future for Automotive Retail
Before Rivian went public, the electric vehicle startup opened its first retail hub in Venice, in the former home of celebrated author Ray Bradbury. Coastal California may not be associated with pickup trucks but the strategic move placed the company …