automotive

Rivian’s Upsized IPO Could Be the Biggest Since Facebook

Rivian’s Upsized IPO Could Be the Biggest Since Facebook
Rivian’s Upsized IPO Could Be the Biggest Since Facebook
November 10, 2021  |  IPO

Rivian Automotive opened Wednesday (Nov. 10) on Nasdaq under the ticker symbol RIVN, floating 153,000,000 shares of Class A common stock at an initial public...

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Aiming to Invest in New Technology, Hertz Announces Pricing of Upsized Public Offering
Aiming to Invest in New Technology, Hertz Announces Pricing of Upsized Public Offering
November 09, 2021  |  IPO

Car rental giant Hertz is continuing to move past its pandemic-driven bankruptcy with an upsized public offering and a slew of plans to remain a...

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Indian Car Rental Startup Zoomcar Snags $92M
Indian Car Rental Startup Zoomcar Snags $92M
November 09, 2021  |  Investments

India-based car rental startup Zoomcar recently raised $92 million in a sale of shares or bonds to pre-selected investors and institutions, according to a Tech...

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Apple Hires Former Tesla Engineer to Advance Self-Driving Car Efforts
Apple Hires Former Tesla Engineer to Advance Self-Driving Car Efforts
November 08, 2021  |  Apple

Apple hired a former Tesla software engineer to advance its efforts to develop a self-driving car, sources told Bloomberg. Christopher “CJ” Moore is the second...

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Daimler Mobility, Visa Partner to Enable In-Car Payments With Fingerprint Sensors 
Daimler Mobility, Visa Partner to Enable In-Car Payments With Fingerprint Sensors 
November 08, 2021  |  Biometrics

From spring 2022 onwards, Mercedes-Benz customers in the U.K. and Germany will be able to pay for goods and services by using their fingerprint in...

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Connected Car Weekly: Touchless Rentals and Vehicle Health Notifications
Connected Car Weekly: Touchless Rentals and Vehicle Health Notifications
November 05, 2021  |  Commerce Connected

Connected vehicles and the data they generate continue to be put to new uses. This week saw the announcement of some new applications that are...

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Carvana Says Partnerships Provide New Horizontal, Vertical Opportunities
Carvana Says Partnerships Provide New Horizontal, Vertical Opportunities
November 04, 2021  |  Earnings

Used car retailer Carvana highlighted two recently announced partnerships Thursday (Nov. 4) during an earnings call with investors and analysts. In one, the company will...

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Cars.com Moves Into Auto Finance With Acquisition of FinTech Platform CreditIQ 
Cars.com Moves Into Auto Finance With Acquisition of FinTech Platform CreditIQ 
November 04, 2021  |  Partnerships

Automotive marketplace platform Cars.com (CARS) announced on Thursday (Nov. 4) that it has signed a definitive agreement to acquire automotive FinTech platform CreditIQ.  Get the...

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