Farizon, Geely’s truck unit, raised $600M to expand outside China
Farizon, a maker of hybrid and electric trucks owned by China’s Geely, has closed a $600 million Series A raise, the company said in a statement. The Hangzhou-based company plans to use the funds to expand its operations outside of China. A key focus for Farizon’s expansion will be Europe,
Read moreWith $37M seed round, Maka Motors begins EV pilot on Indonesia’s streets
A recent report said that Indonesia’s electric vehicle (EV) market is projected to reach $20 billion by 2029, up from $533 million in 2022. Moreover, as much as half of the overall motorbike market in Southeast Asia could be replaced by electric two-wheelers by 2030, McKinsey associate partner Rahul Gupta said
Read moreHow to Use CSS object-fit and object-position
Learn how to use CSS object-fit to determine how images fit within a given space, and how to position those images with object-position. Continue reading How to Use CSS object-fit and object-position on SitePoint.
Read moreKitchen robot Botinkit raises $13M from DJI angel and others
Having worked in the food industry for several years, Shirley Chen saw firsthand the challenges of managing staffing and training for restaurant expansion. So when she met her future co-founders, she saw an opportunity to leverage their expertise in chemistry and electrical and electronic engineering, along with her own food
Read moreTesla to license FSD to other OEMs, allow transfer of FSD to new cars
Tesla CEO Elon Musk confirmed Wednesday that the automaker is “in discussion with major OEMs about using Tesla FSD.” Tesla Full Self-Driving is the automaker’s beta advanced driving assistance system (ADAS) that can automate driving tasks on highways and urban streets. If other automakers were to adopt FSD technology, they
Read moreBeijing robotics firm ForwardX’s Series C hits $61 million
ForwardX this week announced an additional $30 million in funding, bringing the Beijing-based firm’s Series C up to $61 million. The funding follows an initial tranche announced way back in December 2021. It brings the warehouse robotics firm’s total funding up to $140 million since its 2016 launch. The last
Read moreTesla in discussion to license Full Self-Driving software to another automaker
Photo by Loren Grush / The Verge Tesla is in “discussion” to license its Full Self-Driving (FSD) driver-assist technology to another major automaker, Elon Musk said in an earnings call Wednesday. He did not reveal the name of the company, though he did say that licensing FSD was always part
Read moreSnowstorm raises seed and launches open beta to keep the internet free
A Created to ensure open and free access to the internet, Snowflake saw a huge uptick in users during the start of the Ukraine War and has grown even more since then. Started as an open source project by Serene (who goes by her first name only for privacy reasons),
Read moreWhy does the internet love tree law so much?
It was day 76 of the Hollywood writers’ strike, and once again, comedian Chris Stephens journeyed out to the picket line. But when he arrived in front of Universal Studios, he noticed something odd. The trees outside the studio — which offer a rare bit of shade from the brutal
Read moreGoogle launches pilot program to boost cybersecurity
Today, CNBC reported that Google is launching a pilot program in which some employees will be assigned internet-free desktop PCs to reduce the risk of cyber attacks on the company. With the exception of internal web-based tools and Google-owned sites like Gmail and Google Drive, internet access will be disabled.
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