automotive

Spanish Startup Revel Raises $125 Million for Car Subscription Platform

Spanish Startup Revel Raises $125 Million for Car Subscription Platform
Spanish Startup Revel Raises $125 Million for Car Subscription Platform
September 15, 2023  |  Investments

Spanish digital car subscription service provider Revel has reportedly raised 115 million euros (about $123 million) in a funding round. The money, which includes a...

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Carputty Deploys AI to Add Transparency to Auto Lending Process
Carputty Deploys AI to Add Transparency to Auto Lending Process
September 14, 2023  |  Artificial Intelligence

Carputty has added artificial intelligence (AI) solutions to its auto financing platform and says that one-third of the applications it receives are now AI-decisioned. AI makes...

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Westlake Financial and Pagaya Partner to Enhance Automotive Credit Decisions
Westlake Financial and Pagaya Partner to Enhance Automotive Credit Decisions
September 07, 2023  |  Partnerships

Westlake Financial has partnered with Pagaya Technologies to provide Westlake’s auto dealer partners access to Pagaya’s tech-enabled credit-decisioning product. Westlake Financial is an automotive FinTech company with nearly...

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Hyundai Pay Shows Rubber Meeting Road for in-Car Commerce
Hyundai Pay Shows Rubber Meeting Road for in-Car Commerce
September 07, 2023  |  Connected Economy

The list of initiatives to make the car the ultimate mobile wallet grows longer, as Big Tech, providers and the carmakers themselves introduce new in-vehicle...

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Automotive Supplier Continental Adds Google Tech to Vehicle Dashboards
Automotive Supplier Continental Adds Google Tech to Vehicle Dashboards
September 04, 2023  |  Artificial Intelligence

Continental is the latest car company to incorporate Google technology in its products. The partnership will see the auto supplier add Google Cloud services to its vehicle dashboard system, letting drivers ask...

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Tesla Leads the Pack in Fed EV Charging Funding
Tesla Leads the Pack in Fed EV Charging Funding
September 03, 2023  |  Retail

Tesla is reportedly leading its rivals in receiving federal grants for electric vehicle chargers. According to a Saturday (Sept. 2) report by the Wall Street...

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Car Industry ‘Winning’ as Vehicle Supplies Remain Low
Car Industry ‘Winning’ as Vehicle Supplies Remain Low
September 03, 2023  |  Retail

The pandemic-era supply chain issues that hit the car industry may have abated. But that doesn’t mean things are back to normal, and — as...

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EVgo and Amazon Partner to Help Drivers Find EV Charging Stations
EVgo and Amazon Partner to Help Drivers Find EV Charging Stations
August 31, 2023  |  Partnerships

EVgo has partnered with Amazon to introduce an Alexa-enabled electric vehicle (EV) charging experience. The collaboration aims to provide EV drivers with a seamless and convenient way to locate...

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