BMW Ford Startup

Ford and BMW lead $130 million round in EV battery start-up Solid Power

Credits: www.cnbc.com Ford Motor is increasing its investment in EV battery start-up Solid Power with hopes of starting to integrate the next-generation batteries into its electric vehicles by the end of this decade. Ford, which initially invested in the company in 2019, led a $130 million funding round in Solid Power with BMW and Venture capital firm Volta […]

Chinese-cars-in-USA
China Startup

Selling Chinese cars in U.S. proves to be an elusive goal

LOS ANGELES — Just as the coronavirus pandemic was plunging the U.S. auto industry into crisis and stripping millions of car sales from stunned retailers, Duke Hale was searching for American factory space to assemble Chinese crossovers for his Southern California startup. Hale, CEO of HAAH Automotive Holdings, partnered with China’s Chery Automobile Co. this […]