Investors throughout 2020 have been seeing more potential in electric vehicle startups to compete against Tesla.
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TrovaCV will offer its industrial model and manufacturing capability to other commercial vehicle OEMs while developing its own fully electric vehicle.
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This startup car rental platform has grown 20% to 40% month-on-month since the beginning of the COVID-19 pandemic with partners’ fleets and an app-based delivery model.
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The retail giant has made a $440 million fleet order to electric truckmaker. The company says new vehicles will hit roadways as early as 2021.
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Apple acquired Drive.ai just as it was about to cease operations. The buyout reveals the high stakes in a market that is taking longer to put autonomous vehicles on the road than initially planned.
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