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Walmart Is Investing In Cruise, General Motors’ Self-driving All-electric Vehicle Company
Walmart is taking the next step in its involvement with autonomous vehicles by investing in General Motors’ Cruise. Cruise, based in San Francisco, is a subsidiary of GM and is focused on developing self-driving all-electric […]
SpaceX raises $1.16 billion in equity financing
According to regulatory filings, Space X has raised an additional $1.16 billion in equity financing. This release comes as the company disclosed funding from investors such as Alphabet Inc and Fidelity Investments. Space X’s last […]
IKEA Canada Partners With Lion Electric And Second Closet To Achieve Its Zero-Emissions Distribution Target
IKEA Canada has taken the first step toward achieving 100% zero-emission deliveries by 2025. The company has teamed up with Second Closet, which will start incorporating zero-emission trucks for IKEA home deliveries. For its partnership, […]
General Motors to build second EV battery plant with LG Chem in Tennessee: Report
General Motors (GM) and South Korea’s LG Chem will reportedly announce plans on Friday to build a massive new EV battery plant in the US. According to industry sources who spoke to Reuters, the deal […]
RCMP pull over suspected drunk driver on Vancouver Island, get self-driving car instead
Police authorities on Vancouver Island got a bit of a surprise when they pulled over a suspected drunk driver last week. The incident occurred on April 9 when Campbell River RCMP noticed a car being […]
Tesla sales in South Korea increase 5X in 2020
Tesla vehicles are gaining in popularity in South Korea, with the automaker registering more than five times as many sales in 2020 as it did in the previous year. In a regulatory filing issued Thursday, […]