Cox Automotive
Cox Automotive acquires battery health company Spiers as ‘EVs take center stage’
Cox Automotive is getting into the electric vehicle battery lifecycle business. The company said Wednesday it acquired Oklahoma City-based Spiers New Technologies (SNT), a business that provides repai
Rivian electric pickup will debut with three editions, with a cheaper one to follow
Rivian is opening up pre-orders for three editions of its upcoming electric pickup truck and SUV that start as low as $67,500 and with a battery range of more than 300 miles. However, more options wil
This former Tesla CIO just raised $150 million more to pull car dealers into the 21st century
“I have to choose my words carefully,” says Joe Castelino of Stevens Creek Volkswagen in San Jose, California, when asked about the management software on which most car dealerships rely f
Lidar startup Ouster raises $42M in push to grow sales, diversify products
Lidar startup Ouster has spent the past several years expanding and improving its line of sensors as it jostles for a piece of the crowded and competitive market place. Now, Ouster says it has raised
Rivian raises $2.5 billion as it pushes to bring its electric RT1 pickup, R1S SUV to market
Rivian, the electric vehicle company aiming to become the first to bring an EV pickup truck to market, has raised $2.5 billion in a round led by funds and accounts advised by T. Rowe Price Associates
Rivian’s Amazon electric delivery van still on track as factory reopens
Rivian, the electric vehicle company backed by Amazon, Cox Automotive and Ford, has resumed work at its factory in Normal, Ill. following a temporary shutdown due to the COVID-19 pandemic. Constructio
Rivian adds $1.3 billion in funding for its electric utility and adventure vehicles
American automotive technology startup Rivian has raised $1.3 billion in new funding, the company announced today. The new investment is the fourth round of capital announced by the company in 2019 al
Amazon orders 100K electric delivery trucks from Rivian as part of going carbon-neutral by 2040
Amazon will be stepping up its efforts to reduce its climate impact, CEO Jeff Bezos announced on Thursday. The company will be ordering 100,000 electric delivery trucks from Michigan’s Rivian as
Rivian lands $350 million investment from Cox Automotive
Rivian, the adventure-minded electric automaker that plans to produce a pickup truck and SUV, has raised $350 million from global automotive services company Cox Automotive. The two companies said Tue