Motorway’s auction platform for second-hand cars raises $67.7M Series B led by Index Ventures – TechCrunch

Motorway’s auction platform for second-hand cars raises $67.7M Series B led by Index Ventures – TechCrunch

Motorway is a UK startup enabling professional car dealers to bid for private cars at auction. The startup had quick success by eliminating a lot of friction. It has now raised £ 48m / $ 67.7m in a Series B round led by Index Ventures along with new investors BMW i Ventures and Unbound. Existing … Read more

NHTSA pulls driver assist designations for ‘Tesla Vision’ cars

Richard Lawler

On Tuesday, Tesla announced that Model 3 and Y vehicles, built for the United States, will now ship without radar sensors as they rely solely on Tesla Vision to enable various driver assistants. Improved image processing makes cameras a better option than radar, according to Elon Musk, although we’ll see if this is the case … Read more

California regulator requires most ride-hailing cars to be EVs by 2030

Mariella Moon

The California Air Resources Board has approved a mandate that most drives on hail platforms must be in electric vehicles by 2030. California is the first state to approve such a rule in the US, and it has long been a pioneer in adopting electric vehicles as other states follow and emulate. According to the … Read more