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 […]

GM is smartening up its Bolt EV smartphone app

GM is sprucing up its smartphone app for owners of the all-electric Chevrolet Bolt through a collaboration with charging network companies EVgo, ChargePoint and Greenlots. The idea is to take aggregate dynamic data from each of the EV charging networks so owners can have a “more seamless charging experience.” In short: GM wants to make […]

China’s BYD further drives into Chile with 100 electric buses

Over the past few years, Chinese automaker giant BYD has been on a partnership spree with cities across China to electrify their public transportation systems, and now it’s extending its footprint across the globe. On Thursday, BYD announced that it has shipped 100 electric buses to Santiago, the capital city of Chile. The step marks […]

Google partners with Renault-Nissan-Mitsubishi to put Android into millions of vehicles

Google will partner with Renault -Nissan-Mitsubishi, the largest auto alliance in the world by vehicle sales, to put Android-based infotainment systems into millions of cars, the companies told Wall Street Journal. The alliance’s next-generation infotainment system and dashboard displays will use Android and launch in 2021. Drivers will be able to access Google’s maps, app […]

Rally Road lets you buy and sell equity shares in classic cars

Want to put your money in something like a 1955 Porsche or 1985 Ferrari but don’t have hundreds of thousands of dollars to spend? Meet Rally Road. The New York-based startup lets investors buy a real equity stake in a classic car for as little as $50. The company just closed a $2.9M seed round […]