Augmented reality (AR) software firm Basemark has raised $23 million in a new funding round. Based in Helsinki, Finland, Basemark makes augmented reality (AR) tools that...
Barely a week following the launch of Xiaomi’s highly anticipated electric car, which catapulted the electric vehicle (EV) market into the limelight, other original equipment manufacturers...
Vroom completed the previously announced wind-down of its eCommerce and used vehicle dealership businesses. The company ended transactions through vroom.com, completed previously contracted transactions, sold “substantially all”...
FinTech startup AutoSettle launched a platform to improve the vehicle-buying process in Australia. The platform is the world’s first virtual settlement exchange for cars and offers instant and...
NX Technologies raised 22 million euros (about $24 million) in a Series B funding round led by PayPal Ventures. The company will use the capital to strengthen...
Findings from a recent New York Times report have brought to light a concerning reality for drivers: their every trip detail, from speeding to sudden braking, is meticulously...
Last month, Apple announced it was sunsetting its plans to enter the electric vehicle space. Now, the company’s CarPlay offering has become the tech giant’s sole hope...
Hertz’s CEO is stepping down following the company’s major shift on the electric vehicle front. Stephen Scherr, who joined the rental car giant in 2022,...