automotive

Car Subscription Provider Finn Raises $110 Million to Add EVs
Car Subscription Provider Finn Raises $110 Million to Add EVs
January 11, 2024  |  Investments

Car subscription provider Finn raised 100 million euros (about $110 million) in a Series C equity funding round. The firm will use the new capital...

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Hertz Reducing EV Fleet Due to High Cost, Low Demand
Hertz Reducing EV Fleet Due to High Cost, Low Demand
January 11, 2024  |  Transportation

Car rental firm Hertz is selling 20,000 electric vehicles (EVs) from its U.S. fleet — amounting to one-third of its global fleet — and replacing...

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Merchants Ramp Up Biometrics Use to Meet Consumer Demand
Merchants Ramp Up Biometrics Use to Meet Consumer Demand
January 11, 2024  |  Biometrics

People are getting more used to logging into their favorite apps on their smartphones using facial recognition or their fingerprints. This includes using Apple Pay,...

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Lipstick Goes AI at CES
Lipstick Goes AI at CES
January 10, 2024  |  artificial intelligence

CES 2024 is shaping up to be a watershed event for artificial intelligence (AI) and the connected economy. After the pre-show hype focused on robotics...

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AI is Coming for the Automotive Experience, Down to the Battery 
AI is Coming for the Automotive Experience, Down to the Battery 
January 10, 2024  |  Artificial Intelligence

We exist in an era of various innovations transforming the world’s foundational industries. And these advances, from artificial intelligence (AI) to quantum computing and beyond, are increasingly enjoying...

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Goodyear and Gatik Integrate Tire Intelligence Tech Into Autonomous Vehicles
Goodyear and Gatik Integrate Tire Intelligence Tech Into Autonomous Vehicles
January 09, 2024  |  Technology

The Goodyear Tire & Rubber Co. and Gatik integrated tire intelligence technology into an autonomous driving system. By adding Goodyear SightLine technology to Gatik’s autonomous...

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BlackBerry Launches Audio and Acoustics Software Platform for Automakers
BlackBerry Launches Audio and Acoustics Software Platform for Automakers
January 08, 2024  |  Technology

BlackBerry launched an audio and acoustics software platform that allows automakers to deliver new in-vehicle sound experiences and unlock new revenue opportunities. The new QNX...

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Bumper Raises $48 Million to Expand BNPL for Car Repair
Bumper Raises $48 Million to Expand BNPL for Car Repair
January 04, 2024  |  Investments

Bumper, a FinTech that lets customers fund car repairs in installments, raised $48 million. The London-based company announced the Series B round in a Thursday...

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Carmakers Could Face Bumpy Road in 2024 Following Sales Rebound
Carmakers Could Face Bumpy Road in 2024 Following Sales Rebound
January 03, 2024  |  Economy

Automakers enjoyed a resurgence in sales in 2023, but 2024 might be a different story. With major car companies due to report year-end sales figures...

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