Tag: vehicle
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TuSimple Sends Fully Autonomous Semi 80 Miles, Without A Human On Board
San Diego-based autonomous driving company TuSimple reports that it has sent its first, fully autonomous semi–without even a safety driver in the truck–80 miles, going from Tucson, Arizona to Phoenix. According to TuSimple, its truck made its 80 mile…
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Rivian Plans New Factory In Georgia
Irvine-based electric truck maker Rivian, which is still early on in its efforts to develop electric powered trucks, says it plans to set up a new factory in Atlanta, Georgia. The company announced the deal with Georgia Gov. Brian Kemp. Rivian–which has only produced a few electric pickup trucks so far, despite a recent IPO–will harvest a significant economic development package from Georgia for the factory. Terms of that incentive deal were not announced. Rivian plans to spend $5 billion on the new EV plant in Atlanta.
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EVgo Rolls Out New App
Los Angeles-based electric vehicle charging network operator EVgo says it has rolled out a brand new app, which it says adds new personalization features, search capabilities, a redesigned map, and more. The company said the enhancements are aimed at s…
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Canoo Flees LA To Arkansas
Electric vehicle maker Canoo–which is still very early in producing its own version of an electric car–said late last week that it is moving its headquarters and manufacturing to Bentonville, Arkansas. The publicly listed company hit the public marke…
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Ford, Rivian Abandon Plans For Joint EV
In a small post-IPO setback for Irvine-based Rivian, automaker Ford said Friday that Ford and Rivian have abandoned plans to jointly develop an EV together. Rivian had its IPO last week. According to reports, the move came due to the difficulty of marr…
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ABL Space Systems Scores $200M, Now Worth $2.4 Billion
El Segundo-based space launch systems developer ABL Space Systems has raised $200M in a Series B expansion round, bringing the company’s valuation to $2.4 billion, the company said on Monday. According to ABL Space Systems, the funding came from its ex…
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EV Connect Rolls Out API For EV Charging Network
El Segundo-based EV Connect, which operates a network of electric vehicle charging stations, says it has rolled out an application programming interface (API), which allows its customers to integrate into its network. According to the company, the API …
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Rivian Details $100M IPO Effort
Irvine-based electric vehicle maker Rivian is planning to raise up to $100M in an IPO, according to the company’s S-1 filing. Rivian said on Friday that it has applied to list on the Nasdaq Global Select Market as RIVN. Rivian’s IPO is being underwritt…
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EVgo Launches Rewards Program
Los Angeles-based electric vehicle charging network operator EVgo says it has launched a new, customer loyalty program, called EVgo Rewards. According to the company, its program allows EV drivers to earn points towards free fast charging sessions. Mem…
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Rivian Seeks $80 Billion In IPO
Electric vehicle maker Rivian said Friday that it has filed confidentially for an IPO, and is looking to have an IPO around Thanksgiving. Bloomberg said that Rivian is looking for a valuation of up to $80 billion. Rivian has significant operations in I…