Automotive Ventures had hoped to raise as much as $50 million for its DealerFund, but economic trends left investors more cautious.
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Tesla's Elon Musk joined Apple's Tim Cook, Mercedes' Ola Källenius and other car and tech bosses in emphasizing the importance of maintaining ties with China in his first visit there since before the pandemic.
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NHTSA said Tuesday it was not seeking a recall of the vehicles but said its analysis of data provided by Tesla "produced significant concerns about driver distraction during the time that it was available."
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While Waymo and others build high-definition maps for autonomous driving, Israeli startup Imagry says going mapless saves money and is just as safe.
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Musk met with senior Chinese officials and also plans to visit Tesla Inc.’s Shanghai factory, Bloomberg reported.
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The automaker says dealers can use Escapes to perform light maintenance, software updates and some recall fixes.
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The CAM produced by the joint venture in Quebec will supply Ultium Cells battery plants in the U.S., and ultimately be integrated into vehicles such as the Chevrolet Silverado EV, Cadillac Lyriq and BrightDrop vans.
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A new collaboration between computing powerhouses could further enhance the way motorists interact with their vehicles.
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Robin Page returns to the VW Group subsidiary after losing the top design job at the Swedish brand.
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He has just one part-time assistant and handles most of his own scheduling because "it's impossible for someone else to know what the priorities are."
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