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Auto Blog News Feed: Hyundai looks ahead to new SUVs and the Santa Cruz truck in 2021 - plus urban air taxis by 2028

The Top Zones - Tue, 11/10/2020 - 17:48

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"We are all-in on autonomous vehicles," as well as electric vehicles, said Jose Munoz, president and CEO and Hyundai Motor North America, at an Automotive Press Association teleconference. Early next year, the redesigned Tucson compact crossover goes into production at Hyundai's Montgomery, Alabama plant, which also will begin building the Santa Cruz in late spring as part of a $410 million expansion. Munoz said Hyundai will work with the new Biden administration to develop infrastructure to s

Continue reading Hyundai looks ahead to new SUVs and the Santa Cruz truck in 2021 - plus urban air taxis by 2028

Hyundai looks ahead to new SUVs and the Santa Cruz truck in 2021 - plus urban air taxis by 2028 originally appeared on Autoblog on Tue, 10 Nov 2020 12:48:00 EST. Please see our terms for use of feeds.

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Auto Blog News Feed: Robotic delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce

The Top Zones - Tue, 11/10/2020 - 00:51

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Nuro joins other self-driving firms that raised big money this year. Early last year Nuro raised $940 million from SoftBank and a source close to the company said the valuation doubled from that last funding round to $5 billion. This round was led by T. Rowe Price Associates and includes new investors Fidelity Management & Research Company, LLC. and Baillie Gifford.

Continue reading Robotic delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce

Robotic delivery firm Nuro raises $500 million as COVID-19 boosts e-commerce originally appeared on Autoblog on Mon, 9 Nov 2020 19:51:00 EST. Please see our terms for use of feeds.

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