Industry

Startup Liminal, which makes battery inspection systems for the manufacturing process, raised $17.5 million in its series A2 funding round, the company said Monday. The Emeryville, Calif., company will use the funding to scale production of its EchoStat inspection system, which it bills as an automated factory-integrated system for testing the performance of EV batteries.
0 Comments
Despite many lidar companies going public in recent years, via the special purpose acquisition company process, the industry has taken a hit with some companies shutting down or being acquired over the past year. Lidar technology, which stands for “light detection and ranging,” uses lasers to map the environment. The reliability and cost of the
0 Comments
StoreDot, a startup developing fast-charging electric vehicle batteries, and Circulor, a supply chain tracing company, unveiled a partnership Tuesday aimed at increasing transparency in the EV battery supply chain. The companies will track carbon dioxide emissions from mining the necessary raw materials used in StoreDot battery cells and the cell manufacturing process. That will help
0 Comments
Spartan Radar, an automotive software startup focused on leveraging radar technology for driver-assist systems and self-driving vehicles, closed its $17 million series B funding round on Wednesday. The funding will help the Los Alamitos, Calif., company deliver its flagship Ago software-based program that improves driver-assist systems’ resolution and range to market. It also will use
0 Comments
Phantom AI, a startup focused on creating a software-based platform for automated vehicles, has secured $36.5 million for its series C funding round, the company said Wednesday. The fresh funding will help accelerate development of its vehicle-agnostic and customizable platform. With this new round, Phantom AI has raised $80.2 million since its 2017 founding by
0 Comments
Automotive tech supplier Aptiv reported double-digit revenue growth and a surge in net income for the fourth quarter as the company continued to mitigate supply chain uncertainty. “Proactive initiatives and risk mitigation actions related to our supply chain have contributed to our ability to keep customers connected through significant disruptions,” CEO Kevin Clark said in
0 Comments
LAS VEGAS—Daimler Truck North America unveiled its SuperTruck II Wednesday, showing off an efficient diesel big rig intended to demonstrate fuel-saving technologies that can be deployed as the trucking industry pivots to zero-emission vehicles. The sleek cab, painted in a pixelated rainbow livery to evoke a sense of effortless motion, is more of a proof-of-concept
0 Comments
Road trips in electric vehicles could soon become more feasible and easier to plan with Electrify America charging stations coming to travel centers across the U.S. Electrify America and TravelCenters of America detailed a new partnership Monday to install 1,000 chargers at 200 TravelCenters locations along major highways over the next five years. The companies
0 Comments
Self-driving technology firm Aurora Innovation Inc. appointed Ossa Fisher as its first president. The move comes as part of the company’s efforts to prepare for a commercial launch of autonomous trucks. Fisher joins Aurora from Istation, an education-technology company based in Dallas. She oversaw engineering, product, sales and marketing divisions in her role as Istation’s
0 Comments
LAS VEGAS — YJ Ahn has long played linchpin roles in designing transformational technology products. She started out working on smart televisions and home theaters at LG Electronics, then joined Motorola to speed its transition from flip phones to smart ones. Both experiences served as precursor to her most ambitious challenge — head of design
0 Comments
Automotive stalwarts such as BMW, Porsche and German supplier Robert Bosch are betting that e-bicycles will become a lucrative business as consumers look for newer, cheaper and eco-friendly ways to get around. McKinsey & Co. projects that the micromobility market will grow by 9 percent annually to reach a cumulative $260 billion by 2025. Bikes,
0 Comments
Nikola Corp. unveiled HYLA, its new global hydrogen energy brand that will serve as an umbrella for the zero-emission truck company’s production and distribution of hydrogen. Speaking at a company event Wednesday, CEO Michael Lohscheller also presented the final production version of the Nikola Tre fuel-cell electric vehicle, which will hit the market this year.
0 Comments
Mobileye Global Inc. forecast fiscal 2023 revenue higher than analysts’ projections and delivered better-than-expected earnings in the fourth quarter. The company is benefiting from the automotive industry increasingly adopting sophisticated camera systems and sensors that assist in safe driving. Earlier this month, founder and Chief Executive Officer Amnon Shashua said Mobileye has a revenue pipeline
0 Comments