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by Louis Columbus, on Jul 20, 2020 3:52:50 AM
On June 26th, Amazon announced via their blog they are acquiring autonomous ride-hailing vehicle startup Zoox. Financial terms of the acquisition were disclosed. However, the Financial Times says Amazon paid $1.2B for Zoox. Launched in …
Read Storyby William Mansfield, on Feb 4, 2020 5:15:00 PM
Having invested heavily ($500 million) in the Michigan based e-mobility startup, Rivian, and announcing a partnership with Volkswagen to investigate possible collaboration in developing electric vehicles (EVs), Ford is shaping …
Read Storyby Nabu Xavier, on Jul 19, 2019 3:08:00 PM
Our competitors no longer just make cars. Companies like Google, Apple and even Facebook are what I think about at night. - Akio Toyoda While the Automotive industry is no …
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