Hyundai And Kia Want To Invest $3.1 Billion In The USA
18 Jan 2017, 10:28 UTC · By: Sebastian Toma / Hyundai Motor Company, the owner of the Kia and Hyundai brands, has announced plans to invest $3.1 billion in the USA within the next five years.
The Bike Lock That Fights Back With Stench Just Got Funding On Indiegogo
23 Oct 2016, 09:36 UTC · By: Sebastian Toma / The makers of what seems to be the first ever bike lock that fights back any attempted theft have reached their funding goal on Indiegogo. It's called SkunkLock
Volkswagen Group Focuses On Artificial Intelligence, Expands Munich Data Lab
19 Sep 2016, 14:42 UTC · By: Sebastian Toma / Volkswagen seems to be very interested in the field of artificial intelligence. After setting up a cyber security division, VW Group expands its Data Lab Team
Tesla Wants To Raise Additional Cash This Year, For Model 3 And Gigafactory
31 Aug 2016, 18:23 UTC · By: Sebastian Toma / Tesla Motors has made a registration statement filing with the Securities Exchange Commission that notified the SEC about the company's plan to raise cash
Ford And Baidu Invest $150 Million In Velodyne For LIDAR Technology
29 Aug 2016, 18:02 UTC · By: Sebastian Toma / Velodyne, a company that is known for high-end audio systems, is also a supplier of LIDAR technology. Ford and Baidu will invest $150 Million in Velodyne
Tesla Signs Deal To Buy SolarCity For $2.6 Billion
1 Aug 2016, 17:36 UTC · By: Sebastian Toma / Tesla Motors has announced it has agreed to buy SolarCity for $2.6 Billion. The American solar panel manufacturer shares its CEO with Tesla's. Yes, Elon Musk
Uber to Invest $500 Million in World Mapping Project to Free Itself from Google
1 Aug 2016, 14:50 UTC · By: Vlad Mitrache / After welcoming the man who led the Google Maps team back in the day and putting him in charge of its own mapping project, Uber announces huge investment
Mercedes-Benz Will Also Build RWD Models in Hungary
29 Jul 2016, 16:07 UTC · By: Sebastian Toma / Mercedes-Benz has decided to continue investing in Hungary, where it will build another factory. The second facility will make rear-wheel-drive cars
Elon Musk Thinks His Tesla Master Plan Will Cost Tens of Billions
27 Jul 2016, 13:04 UTC · By: Sebastian Toma / Elon Musk, the CEO of Tesla Motors, has published the new "Tesla Master Plan" last week. Recently, he stated that the company would need tens of billions for it
FCA Will Invest Nearly $1.5 Billion In US Facility To Build Next-Gen Ram 1500
26 Jul 2016, 17:34 UTC · By: Sebastian Toma / Fiat Chrysler Automobiles has announced it will retool its Sterling Heights facility to build the next generation of the Ram 1500. FCA will invest $1.48 Billion
FCA Will Invest Over $1 Billion in Illinois and Ohio Facilities
15 Jul 2016, 14:45 UTC · By: Sebastian Toma / Fiat Chrysler Automobiles has announced an investment of over $1 billion in its facilities located in Illinois and Ohio. They will be retooled for new Jeep cars
British Billionaire Considers Restarting Land Rover Defender Production
11 Jul 2016, 17:53 UTC · By: Sebastian Toma / Jim Ratcliffe, a billionaire that has earned his fortune in the chemical industry, is reportedly interested in restarting Land Rover Defender production
US Navy Invests $750,000 In Developing Cyborg Locusts To Sniff Bombs
11 Jul 2016, 11:49 UTC · By: Sebastian Toma / The US Navy has granted $750,000 to a University that will develop locusts with artificial intelligence. They will be used to sniff bombs and other hazards
Tesla Wants To Buy America's Number 1 Solar Panel Maker, Run By Elon Musk
22 Jun 2016, 13:30 UTC · By: Sebastian Toma / Tesla has made a purchase offer for SolarCity, a solar panel maker run by its CEO, Elon Musk. He wants to sell packages of cars and solar panels
Toyota Announces Billion-Dollar Investment In Self-Driving Car Technology
20 Jun 2016, 18:03 UTC · By: Sebastian Toma / Toyota has big plans in the field of self-driving cars, and the Japanese automaker does not want to settle. A $1Billion investment has been announced
Uber Gets Surprising $3.5 Billion Infusion From Saudi Arabia
2 Jun 2016, 12:29 UTC · By: Sebastian Toma / Uber will receive a cash investment from Saudi Arabia. The $3.5 Billion is the largest infusion from a single investor in Uber's history
BMW Invests In Carpool Application Scoop
26 May 2016, 07:58 UTC · By: Sebastian Toma / BMW's i Ventures has announced a strategic investment in a carpool app called Scoop. It provides mobility options for employees of major companies
Toyota And Uber Sign Ride-Sharing Partnership
25 May 2016, 12:52 UTC · By: Sebastian Toma / On the same day as Volkswagen's new investment in new mobility solutions, Toyota has announced a partnership with Uber. It's in ride-sharing, of course
Volkswagen Signs A Mobility Partnership with Gett, A Popular Ride Hailing App
25 May 2016, 11:39 UTC · By: Sebastian Toma / Volkswagen has signed a partnership concerning mobility services with GetTaxi, a company called Gett in some markets. It will provide services in Europe
McLaren to Launch 15 New Models over 6 Years, Will Invest 1.3 Billion Euros
9 May 2016, 09:17 UTC · By: Sebastian Toma / McLaren's CEO unveiled that they want to invest €1.3 billion during the next six years. They will develop 15 new products, including an all-new powertrain