automotive

Will The Shift To Electric Vehicles Change The Car Subscription Market?
Will The Shift To Electric Vehicles Change The Car Subscription Market?
March 29, 2021  |  Subscriptions

The concept of cars on subscription has generated a lot of buzz in the last few years, but as of early 2021, it is still...

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Online Car Sales Platform Cazoo Set To Go Public In $8.1 Billion SPAC
Online Car Sales Platform Cazoo Set To Go Public In $8.1 Billion SPAC
March 29, 2021  |  IPO

The pandemic has fueled a surge in online sales of vehicles. Cazoo Holdings, a U.K. online seller of used cars, has ridden that digital shift...

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Chinese Smartphone Maker Xiaomi Gets On The Road To Electric Cars
Chinese Smartphone Maker Xiaomi Gets On The Road To Electric Cars
March 26, 2021  |  Innovation

One of the world’s biggest smartphone makers is apparently getting into the electric vehicle business, Reuters reported Thursday (March 25). Citing several unnamed sources close...

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Partnerships Approach Connected Car Market From Different Directions
Partnerships Approach Connected Car Market From Different Directions
March 24, 2021  |  Innovation

The connected home is the current commerce command center. This next decade seems like it’s set to belong to the connected car. As reported in...

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Volvo, ECARX Team Up To Develop Smart Car System
Volvo, ECARX Team Up To Develop Smart Car System
March 23, 2021  |  Innovation

The Swedish automaker Volvo has joined forces with the smart car tech startup ECARX to develop in-car operation software, the two companies announced on Tuesday...

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Toyota Leads $500 Million Round For Chinese Auto Driving Startup Momenta
Toyota Leads $500 Million Round For Chinese Auto Driving Startup Momenta
March 21, 2021  |  Investments

Momenta is now the recipient of a $500 million investment round led by Toyota in order to provide new technologies like automated HD mapping and...

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Volkswagen Explores Customer Interest In Subscription Model
Volkswagen Explores Customer Interest In Subscription Model
March 19, 2021  |  Subscriptions

Volkswagen wants to gauge customer interest in pay-per-mile billing and on-demand charges for optional car functions through a pilot subscription service due for unveiling this...

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Carvana Invests $500 Million In New Facilities And Staff
Carvana Invests $500 Million In New Facilities And Staff
March 17, 2021  |  Business

Carvana, the online used car dealership, has invested $500 million to hire new employees and open new facilities, as the company bets on its pandemic-era...

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Data-Driven: Vroom CEO Takes Fast Lane To Car Buying’s Connected Economy
Data-Driven: Vroom CEO Takes Fast Lane To Car Buying’s Connected Economy
March 16, 2021  |  eCommerce

There are a lot of things U.S. consumers associate with the car buying experience. For example, a 2020 report from the Federal Trade Commission suggested...

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