China is banning Tesla-style concealed door handles on electric vehicles to address safety concerns regarding people getting trapped inside their cars. The ban will take effect on January 1st next year, according to the Ministry of Industry and Information Technology’s announcement, and will require all vehicles sold in China to have mechanical release door handles […]
The Tesla Model S is at the end of its illustrious 14-year run – and what a dizzying ride it’s been. In 2012, when Tesla made its first Model S deliveries to customers, Facebook acquired Instagram. Apple launched the iPhone 5 and iOS 6. Barack Obama sailed into his second term. Superstorm Sandy shredded New […]
The round, led by Dragoneer Investment Group, DST Global, and Sequoia Capital, now values the autonomous vehicle company at $126 billion.
The new round, the biggest in the Alphabet unit’s history, values the company at $126 billion — with much of it coming from its parent.
Waymo announced a $16 billion investment round aimed at bringing its robotaxi business to more US cities, as well as some overseas markets. The funding round was led by Dragoneer Investment Group, a “crossover” firm known for investing in late-stage tech companies before they go public. Waymo’s co-CEOs said in a blog post they would […]
The Chinese government issued a new rule that goes into effect January 1, 2027.
Last week, the Department of Justice released a trove of documents related to its case against Jeffrey Epstein, its largest to date. Amid the millions of files were many mentions of Elon Musk. A search of Musk’s name in the department’s database results in at least 1,500 hits. Since the release, Musk has been – […]
CES has become the smart car show. I summarize what was interesting from several companies.
Top auto dealer concerns: Rising prices of vehicles, expanding China exports and consolidation among auto retailers.
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