Just one year after closing a $10 million funding round, a Detroit-based drone software company that seeks to build highways in the sky for unmanned aircraft is on another high-flying path. Airspace Link Inc. said Wednesday it closed on a Series B funding round totaling $23.1 million at a valuation of about $200 million, according
In this article VOW3-DE TSLA 7203.T-JP Toyota’s bZ4X electric sport utility vehicle photographed in Chiba Prefecture, Japan, on Feb. 24, 2022. The Japanese automotive giant has issued a safety recall related to the bZ4X’s wheels. Kiyoshi Ota | Bloomberg | Getty Images Japanese automotive giant Toyota issued a safety recall for more than 2,000 of
Automotive News Europe honors the winners of the 2022 Rising Stars awards. Through July 13, the 19 winners will be featured. The Rising Star for General Management is Jeroen Decleer, who is senior vice president off-highway drive and motion systems at Dana. For his full profile click here. The 2022 Rising Stars winners will be
The new Chevrolet Colorado is almost here. Or rather, the reveal is imminent. On Thursday, General Motors teased the 2023 Chevrolet Colorado ZR2 and announced the next-generation of the automaker’s mid-size pickup will debut on July 28. Oh, hello. Here’s our first look at the 2023 #Chevrolet Colorado ZR2, which will be unveiled on July
9:05 AM ET Associated Press McLaren isn’t done with Felix Rosenqvist and on Thursday signed the Swedish driver to a multiyear contract extension. The team just didn’t designate where Rosenqvist will drive. Rosenqvist could be shifted to McLaren’s new Formula E program when it launches in 2023, the team indicated. “McLaren Racing is currently in
Two people were killed when a Nio ET5 fell out of a multi-story parking garage in Shanghai, China, crashing down on the street below. The accident happened at Nio’s headquarters while two test drivers, one from Nio and another from a supplier, were inside the electric sedan. Observer reports that the incident happened at around
Here’s where the world’s seven largest economies stand in their clean energy transitions ahead of the 48th G7 Leaders’ Summit next week in Germany. The G7 and clean energy – what they need to do The G7 is made up of Canada, France, Germany, Italy, Japan, the UK, and the US. A G7 commitment to “predominantly
China’s chip industry is growing faster than anywhere else in the world, after U.S. sanctions on local champions from Huawei Technologies Co. to Hikvision spurred appetite for home-grown components. Nineteen of the world’s 20 fastest-growing chip industry firms over the past four quarters, on average, hail from the world’s No. 2 economy, according to data
General Motors is aiming to simplify the EV charging experience by allowing drivers to plug in and automatically charge their vehicles when using charge points on the Ultium 360 network, rather than rely on a mobile app to set up and pay for charging. GM will launch the plug-and-charge service Thursday with EVgo. After drivers
In this article BMW-DE German automaker BMW is ramping up production of electric vehicles in China as it looks to catch up with leaders Tesla and domestic rivals like BYD. The new plant in Shenyang is BMW’s third in China and brings its annual production capacity in the country to 830,000 cars. Anadolu Agency |
When one vehicle fails, always make sure you have a suitable backup! Freiburger and Finnegan attempt to road-trip the Hemi Gremmie only to be foiled by engine trouble. Stream Roadkill NOW on MotorTrend+ ➡️ https://motortrend.app.link/L0oI53Nm8nb MotorTrend is the ultimate streaming destination for gearheads coupled with the latest automotive research and news. #Roadkill #MotorTrend Get a
Polestar and Gores Guggenheim said Thursday that they had they completed their merger, raising approximately $890 million in gross proceeds for the EV maker. This includes approximately $640 million from Gores Guggenheim, a special purchase acquisition fund (SPAC) with the remaining $250 million coming from top-tier institutional investors, Polestar said in a release. Gores Guggenheim’s listing under
Dodge says it’s going to be an electric summer. The Stellantis performance brand plans to preview future products in August during what it calls Speed Week. It kicks off Aug. 12 with a press preview for the MotorTrend Presents Roadkill Nights Powered by Dodge event that takes place the next day. Roadkill Nights spotlights muscle
11:31 AM ET Associated Press CHARLOTTE, N.C. — From Italy to Iowa to the simulator and finally the Finger Lakes, there’s been no rest for Jimmie Johnson. He heads this weekend to Watkins Glen for one of this final two scheduled appearances in the IMSA sports car. Then he’ll turn his attention to planning his
What kind of vehicle is the 2022 Volkswagen Jetta? What does it compare to? Compact cars are the most affordable cars to own, and the refreshed 2022 Volkswagen Jetta makes no exception. The five-seat Jetta and its sporty GLI counterpart compete in a shrinking but value-loaded compact sedan class along with the Honda Civic, Toyota
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Toyota has announced a global recall of its new bZ4X crossover. The reason behind the recall is loose bolts connecting the bZ4X’s wheels to the body of the vehicle, which could result in detachment. Toyota issued the following statement in a Japanese recall notice: “The hub bolt may loosen due to repeated sharp turns and sudden
American Honda Motor Co. is recalling 112,060 vehicles in the U.S. after the discovery of a frame defect that could increase the risk of fire. The recall affects 2006-14 Honda Ridgeline models sold or registered in the “salt-belt” region of the country, locations where de-icing agents are applied to roads during the winter. Honda said