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ELECTRIC TRUCK STARTUP
Nissan to trim global car lineup, boost use of AI driving techNissan is set to simplify its car models globally. The company aims to use artificial intelligence in most of its vehicles. Sales targets a...- TCS Q4 beats expectations; UP girl makes Y Combinator historyTCS reported strong Q4 results, driven by robust performance in North America and a weak rupee. This and more in today's ETtech Top 5.
- EV financing platform Astranova Mobility raises Rs 60 crore from IvyCap, ADB, Trucks VCMundra, who is the CEO of the startup, said a significant portion of the capital will be deployed to strengthen data, AI and engineering ca...
- European freight truck makers brace for wave of low-cost Chinese rivalsChinese truck manufacturers are set to enter the European market in 2026 with electric trucks. Companies like BYD and Geely's Farizon plan ...
- Electric mobility startup Drivn secures $80 million commitment from NomuraDrivn, an electric mobility platform focussed on large commercial vehicles, has secured commitments of up to $80 million from Japanese fina...
- Nikhil Kamath backs $30 mn funding in Blue Energy Motors, makes first bet on commercial EVsNikhil Kamath, Zerodha's co-founder, has invested in Blue Energy Motors' $30 million funding round, marking his entry into India's commerci...
- After topping electric cars, Chinese firms set eyes on challenges in EV truck marketThe domestic supply chain and low-price strategy that helped make China's EV car industry world-leading are being leveraged by established ...
- What are EV startups doing to ride out weak demand?Fisker filed for bankruptcy protection due to fundraising difficulties and weak demand for its Ocean electric SUV. Rivian, Lucid Group, and...
- Amazon unveils first electric seaport trucks amid push to slash tailpipe emissionsThe e-commerce giant already has eight of those semi trucks in use at the Los Angeles/Long Beach port complex, where every so-called drayag...
- What are EV startups doing to ride out weak demand?US electric vehicle startups are turning to cheaper models, slamming the brakes on their production ramp-up plans and laying off employees ...
- Jet engines may soon be powering trucks if this Chennai firm has its wayThinking out of the box, Aerostrovilos is looking at an aerospace technology to solve the decarbonisation problem in trucking.
- EV startup founders made big claims, now one could go to prisonA federal judge in Manhattan will sentence Trevor Milton, founder and former CEO of the truck company Nikola, after a jury found him guilty...
- Lordstown Motors files bankruptcy, sues FoxconnFoxconn previously invested about $52.7 million in Lordstown as part of the agreement, and currently holds a roughly 8.4% ownership stake i...
- Electric truck maker Nikola plunges 5% on receiving delisting noticeNikola has been trying to raise cash for operations by selling equity, like other electric vehicle (EV) firms, in a turbulent market, and o...
- Amazon to invest over €1 billion in electric vans, truck fleet across EuropeAmazon said the investment was also aimed at spurring innovation across the transportation industry and encouraging more public charging in...
- Billionaire George Soros buys stake in EV startup RivianThe 19,835,761 shares, worth about $2 billion at the time, makes Soros Fund Management among the most prominent investors in a company that...
- British electric truck startup Tevva raises $57 million in fundingTevva intends to produce several hundred trucks by the end of 2022 and targets production of 3,000 trucks annually by 2023.
- EV startup Rivian could be worth nearly as much as Honda in US IPOOnly three other companies have raised more than $8 billion while going public since 2011, according to data from Dealogic. Alibaba raised ...
- EV startup Rivian could be worth nearly as much as Honda in US IPORivian — the Amazon-backed EV startup that rivals Tesla — is looking to raise up to $8.4 billion, setting it up to be the third-largest IPO...
- Upstart Rivian flagged as Tesla disrupter in SUVs and pickupsRivian Automotive is developing a pickup truck and a sport utility vehicle and, according to Jonas, is one of the larger startups focused o...
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