Rivian debuts a pull-out kitchen for its electric pickup truck

Sometimes you need scrambled eggs. And with that thought, today at the Overland Expo in Flagstaff, AZ, Rivian announced a major accessory for its electric pickup: A camp kitchen. The unit slides out from the Rivian R1T’s so-called gear tunnel that lives between the bed and cab. The kitchen includes storage and a stove that’s […]

EV startup Rimac scores $90M investment from Hyundai and Kia

Rimac Automobili, the European EV startup that landed an investment from Porsche last year, has again gained the backing of traditional automakers after Hyundai Motor Company and Kia Motors jointly invested €80 million, or around $90 million. Beyond the significant cash infusion, the three parties said the deal includes “a strategic partnership to collaborate on […]

Tesla is raising up to $1.5 billion through convertible note and share sale

Tesla is raising up to $1.55 billion through the sale of notes and shares, according to a filing made by the EV maker today. The document outlines that Tesla will sell up to $1.35 billion in convertible senior notes. The number could increase further: Tesla is giving underwriters the chance to buy a further $202.5 […]

New registrations for electric vehicles doubled in US since last year

Electric vehicles, still a small percentage of the total automotive market in the U.S., are beginning to gain ground, according to analysis by IHS Markit. There were 208,000 new registrations for electric vehicles in the U.S. last year, more than double the number filed in 2017, IHS said Monday. That growth in EVs was heavily […]

Lidar startup Ouster raises $60 million in production run-up

Ouster has raised $60 million as the San Francisco-based lidar startup opens a new facility that will have the capacity to assemble and ship several thousand sensors a month by the end of 2019. The new factory, which will have a grand opening ceremony March 28, currently produces hundreds of sensors per month. Ouster says […]

The top 10 startups from Y Combinator W19 Demo Day 1

Electric-vehicle chargers, heads-up displays for soldiers and the Costco of weed were some of our favorites from prestigious startup accelerator Y Combinator’s Winter 2019 Demo Day 1. If you want to take the pulse of Silicon Valley, YC is the place to be. But with more than 200 startups presenting across two stages and two […]

Ola raises $300M as part of a new electric vehicle partnership with Hyundai and Kia

Ride-hailing platform Ola announced today that it has raised $300 million from Hyundai and Kia as part of a strategic partnership focused on electric vehicle development. This brings the company’s total raised to $3.8 billion according to Crunchbase. Ola’s last funding was announced just three weeks ago, when the company said it had raised $56 […]

India’s Ola spins out a dedicated EV business — and it just raised $56M from investors

Ola, Uber’s key rival in India, is doubling down on electric vehicles after it spun out a dedicated business, which has pulled in $56 million in early funding. The unit is named Ola Electric Mobility and is described as being an independent business that’s backed by Ola. TechCrunch understands Ola provided founding capital, and it […]

How to decarbonize America — and the world

Ramez Naam Contributor More posts by this contributor The Ultimate Interface Is Your Brain The Green New Deal has burst onto the American stage, spurring more conversation about – and aspiration for – ambitious climate policy than at any point in at least a decade. I’m glad to see it. Suddenly, climate is on the […]

VW’s Electrify America will use Tesla battery packs to lower charging costs

Electrify America, the entity set up by Volkswagen as part of its settlement with U.S. regulators over its diesel emissions cheating scandal, plans to install Tesla Powerpack battery systems at more than 100 of its electric vehicle charging stations this year. Electrify America aims to use the Tesla Powerpacks to offset the cost of charging for […]