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Saudi Arabia pledges $1B+ to Lucid instead of backing Tesla

September 17, 2018

The Public Investment Fund of Saudi Arabia has agreed to invest more than $1 billion in Lucid Motors, a California-based electric car company planning to launch its first commercial vehicle in 2020.

Self-driving car startup launches amid funding boom

September 12, 2018

Applied Intuition is the latest autonomous vehicle startup to bring in funding, continuing a spike in global VC investment in self-driving car startups over that last several years.

Six big things: Zoox co-founder ousted 'without a warning'

August 23, 2018

The high-profile departure from the $3.2 billion startup was one of several notable personnel moves that dotted the past week's VC headlines.

Driivz bags significant investment from Centrica, Ombu

August 7, 2018

Driivz, a developer of software for electric vehicle charging, has received a multi-million pound investment from Centrica and Ombu Group as part of a £9 million funding round. Following the deal,...

Ample brings in $31M Series A

August 7, 2018

Shell Ventures has led a $31 million Series A round for Ample, which has developed technology that provides a full charge to electric vehicle batteries in minutes. Moore Strategic Ventures, Repsol...

Musk threatens to take Tesla private at $420 a share

August 7, 2018

The saga surrounding Tesla entered an exciting new chapter on Tuesday when CEO Elon Musk took to Twitter to announce he was considering taking the company private at $420 with "Funding secured."

The top 9 VC investors in ridehailing companies

July 30, 2018

Investors are pouring more and more money into ridehailing companies as they expand into other futuristic forms of transportation. We've used PitchBook data to gather the most active VCs in the space.

Scoop: Secretive self-driving car startup Zoox is raising up to $630 million

July 16, 2018

Zoox has authorized the sale of up to $630 million in new shares, PitchBook has learned. SoftBank could be the investor.

Sabotage, tent factories and short squeezes: Tesla's drama deepens

June 20, 2018

Just when you thought the situation couldn’t get any more bizarre for Tesla and CEO Elon Musk, it did.

Tesla cuts 9% of workforce in dash for profitability

June 12, 2018

CEO Elon Musk said the layoffs, part of a comprehensive restructuring, would keep Tesla on track to make its production targets for the Model 3, amid the company's race to boost its margins.

Uber vs. Waymo in $2.8T battle for 'robotaxis'

May 18, 2018

The future of transportation is now. And like most of human history, it's messy and features a pitched battle for dominance.

​Is Tesla all wrong on Autopilot?

May 14, 2018

The woes continue to mount for Tesla amid growing questions over the safety and efficacy of its semi-autonomous system following a series of serious—and sometimes deadly—crashes.

Tesla's woes deepen as cash burn intensifies

May 3, 2018

Despite solid earnings and impressive revenue growth, Tesla's shares are sliding in the wake of a testy earnings call and a realization that the company will likely need to raise additional capital.

VC-backed Innoviz inks partnership with BMW to get self-driving cars on the road by 2021

April 26, 2018

BMW will integrate venture capital-backed startup Innoviz's LiDAR sensors and computer vision software into its autonomous vehicles slated to hit roads in 2021.

Autotech startup raises $12M Series B

April 25, 2018

Aviva Ventures has led the funding for Savari, a maker of wireless sensor technologies and software for autonomous and semi-autonomous vehicles. The company's products allow cars to share data with...

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