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Pony.ai gets $8.5 billion valuation after latest funding round
Autonomous vehicle startup Pony.ai has announced is it now valued at $8.5 billion after their latest Series D funding round. That is a big increase from its previous valuations, when last year it was valued […]

TED2022 brings Tesla CEO Elon Musk to Vancouver, British Columbia [April 10-14, 2022]
After a three year hiatus, the TED (Technology Entertainment and Design) Conference is returning to Vancouver over a period of five days this spring. Scheduled to take place from April 10 to 14, 2022 at […]

Driverless Cruise autonomous vehicle involved in two-car collision
On September 30 last year autonomous driving startup Cruise was granted permission to operate test vehicles in San Francisco without a safety driver behind the wheel. The approval came with the conditions the vehicles could […]

Aston Martin and BritishVolt to develop “high performance” EV batteries
Aston Martin and Britishvolt have signed a memorandum of understanding that will see the two companies develop “high performance battery cell technology.” In a statement on Monday announcing the deal, BritishVolt said that a joint […]

GM announces plans for $500 million EV battery materials facility in Bécancour, Quebec
General Motors has announced plans to build a $500 million cathode active material (CAM) facility in Bécancour, Quebec. The new facility will be a joint venture with South Korea’s Posco Chemical, and will produce materials […]

Volkswagen to build $2.2 billion Trinity EV plant in Wolfsburg
Volkswagen has announced plans to build a $2.2 billion EV-only manufacturing plant in Wolfsburg, Germany, the same city where the automaker is currently headquartered. In a press release, VW said construction of the new facility […]