Electric Cars News

Cruise, Tesla, Alphabet Inc's Waymo, and Aurora Innovation Inc are among many companies aiming to deploy fully autonomous vehicle technology in the United States within the next two to three years.

Amsterdam-based Dott had announced $85 million in the Series B funding last year and the extra amount brings the total the start-up has raised so far to around $210 million.

French carmaker Renault will produce the new electric model of its Alpine brand at its Dieppe site in northern France, Chairman Jean-Dominique Senard said on Friday.

There were no external investors participating in the round. The company did not provide any details on its valuation.

The company will provide equipment produced nationally with a power of 7.4 kilowatts, ideal for homes or residential buildings, and 22 kilowatts, which is more suitable for companies.

CEO Carlos Tavares has mapped out a 30 billion euro ($34 billion) electrification plan that helped Stellantis shares surge more than 60% in their first year.

Lyriq, an all-electric mid-size SUV, was unveiled by GM in August 2020 in a move to transform its traditional combustion engine lineup to an electric one.

Indian start-up EVage has raised $28 million from U.S.-based venture capital firm RedBlue Capital, the company said on Friday.