Einride: 2024 CNBC Disruptor 50
Founders: Robert Falck (CEO), Linnéa Kornehed-Falck, Filip LiljaLaunched: 2016Headquarters: Stockholm, SwedenFunding: $652.3 millionValuation: N/AKey technologies: Artificial intelligence, autonomous vehicles, machine learningIndustry: AutomotivePrevious appearances on Disruptor 50 List: 1 (No. 13 in 2023)…
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With EVs, the ‘Detroit of Asia’ wants to be China hedge for automakers
Visitors inspect a Tesla Model Y car during the 40th Thailand International Motor Expo at the Impact Challenger hall in Nonthaburi. Sopa Images | Lightrocket | Getty Images Tesla has…
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Despite reasons for its latest EV sales surge, there’s a lot going right at Ford
Lower pricing due to softening demand helped April electric vehicle sales at Ford more than double, even as the automaker was shifting resources away from the money-losing unit. Despite the…
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How American carmakers lost ground in China
American automakers and their non-Chinese counterparts are fighting an existential battle, as local rivals in China outpace them. Chinese companies flush with government investments and subsidies have leapfrogged the competition…
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Biden administration plans to raise tariffs on electric vehicles from China
Employees work on the assembly line of C11 electric SUV at a factory of Chinese EV startup Leapmotor on April 26, 2023 in Jinhua, Zhejiang Province of China. VCG |…
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Elon Musk’s X loses lawsuit against Bright Data over data scraping
Tesla CEO Elon Musk Omar Marques | Getty Images A federal judge in California dismissed a lawsuit filed by Elon Musk’s X against Israel’s Bright Data, in a case that involved the…
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EV startups Rivian, Lucid, Nikola attempt to shore up cash
R1T trucks on the assembly line at the Rivian electric vehicle plant in Normal on April 11, 2022. Brian Cassella | Tribune News Service | Getty Images Once-hot electric vehicle…
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Climate protesters try to break into Tesla Germany factory: Police
Police confront environmental activists in a forest near the Tesla Gigafactory electric car factory near Gruenheide, Germany, May 10, 2024. Axel Schmidt | Getty Images Climate protesters angry about Tesla’s…
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Ford names ex-Lucid Motors exec as next CFO, promotes current chief
Ford’s Chief Financial Officer (CFO), John Lawler and Linda Zhang, Chief Engineer for the company’s All Electric F-150 Lightning participate in the opening bell ceremony at the New York Stock…
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Tesla accused by NLRB of chilling worker unionizing efforts in Buffalo
Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly…
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