This month, Instacart filed an application with the US Securities and Exchange Commission to go public. The growing demand for online grocery ordering and, of course, the pandemic, have driven the company's business in recent years.
China's "zero-covid" policy is weighing heavily on the economy, and Nio, one of China's most famous electric car manufacturers, has suffered a production stoppage due to a severely restrictive policy and a lack of parts from suppliers.
Rivian Automative's IPO marked the biggest IPO of 2021, turning the dynamics of the automotive industry on its head. The Jeff Bezos-backed electric carmaker has only sold 156 cars so far, but has managed to raise over ...
What is a car company doing in the trillion-dollar club?
After its largest one-time sales contract, thanks to Hertz, Tesla’s market capitalization crossed the trillion dollar threshold. How can a car company that makes 1% of the market’s sales be worth more than the 9 other largest automakers ...
Ford is doubling capacity to meet demand for its F-150 EV pick up
“This sucker’s quick” said Joe Biden when he drove a prototype of the new Ford vehicle. While Ford has not yet delivered one single F-150 Lightening – its all-electric pick-up truck – to the market, it is already doubling its production ...
Charging stations have become a bottleneck to EV development
While EV sales keep soaring, we might have neglected the second step of the transformation: charging. Going for small trips close to home is easy, but how will governments and industry implement charging solutions to satisfy long-distance needs? ...
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