automotive

Connected Vehicles Will Require New Infrastructure to Deliver and Process Data
Connected Vehicles Will Require New Infrastructure to Deliver and Process Data
September 24, 2021  |  Commerce Connected

By 2025, 100 million connected vehicles will be transmitting 10 billion gigabytes of data per month. A new report by the Automotive Edge Computing Consortium...

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Honda to Incorporate Google Features in Cars
Honda to Incorporate Google Features in Cars
September 23, 2021  |  Google

Honda will be partnering with Google to build features for infotainment systems in future cars, according to a Google company blog post. Google will be...

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WEX, ChargePoint to Integrate EV into Corporate Fleets
WEX, ChargePoint to Integrate EV into Corporate Fleets
September 22, 2021  |  Partnerships / Acquisitions

Financial technology service provider WEX Inc. has announced plans to expand a relationship with electronic vehicle (EV) charging network ChargePoint in order to provide more...

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Mexico’s Used Car Startup Kavak Raises $700M in Series E Round
Mexico’s Used Car Startup Kavak Raises $700M in Series E Round
September 22, 2021  |  Investments

Mexican used-car platform Kavak raised $700 million in a Series E funding round that values the startup at $8.7 billion, the second-most valuable venture in...

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AutoZone Invests in Tech to Power Growth
AutoZone Invests in Tech to Power Growth
September 21, 2021  |  Retail

Auto parts retailer AutoZone, Inc. on Tuesday (Sept. 21) said its fourth-quarter net sales were $4.9 billion for the 16-week period ending Aug. 28, up...

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Czech Mobility Payments Platform Eurowag Files $236M London IPO
Czech Mobility Payments Platform Eurowag Files $236M London IPO
September 20, 2021  |  IPO

Payments and mobility platform Eurowag is planning a 200 million euro ($236 million) initial public offering (IPO) on the London Stock Exchange, according to reports....

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India’s CARS24 Raises $450M at $1.84B Valuation
India’s CARS24 Raises $450M at $1.84B Valuation
September 20, 2021  |  Investments

Indian pre-owned car marketplace CARS24 raised $450 million in a Series F funding round led by Softbank Vision Fund 2, DST Global, and Falcon Edge,...

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CarLotz Opens Georgia Consignment-to-Retail Hub
CarLotz Opens Georgia Consignment-to-Retail Hub
September 20, 2021  |  Retail

Consignment-to-retail used vehicle marketplace CarLotz has opened a new location in the greater Atlanta area, giving the company locations in 11 states across the nation...

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Beyond Paying for Gas and Tolls, J.P. Morgan’s Max Neukirchen Envisions ‘Delightful’ Connected Economy on Wheels
Beyond Paying for Gas and Tolls, J.P. Morgan’s Max Neukirchen Envisions ‘Delightful’ Connected Economy on...
September 20, 2021  |  Commerce Connected

The car — that steel horse that’s the main way we get to where we need to go — is rapidly becoming a conduit of...

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