Two former employees told The Verge last year that Faraday Future sent a cease and desist letter with similar gripes to another electric
vehicle startup called Indi EV.
Not exact matches
GM bought Cruise for about half a billion in 2016, and Cruise as a GM division acquired a California - based laser - radar (Lidar)
startup, Strobe Inc. last year for an undisclosed sum, with the idea that Lidars units don't need to be what Strobe CEO Julie Schoenfeld
called a «spinning Kentucky Fried Chicken» bucket atop a
vehicle.
In
startups, as in sports, it's important for the founders and management teams to have a
vehicle for
calling out and correcting poor performance.
IRAs, which are the widely used retirement savings
vehicle in America, cost consumers $ 43 billion in fees in 2012, according to a
startup called FeeX that launched in the U.S. Tuesday to bring awareness to that price tag.
Last year, the Swedish electric
vehicle startup Uniti successfully raised about $ 1.5 million in equity crowdfunding to help bring its minimalist city car, which it
called «the most deliberate reinvention of the automobile in modern times,» closer to production.
As cities look for ways to source renewable energy, cleanly charge electric
vehicles and provide fast, ubiquitous communication networks, New York - based
startup Totem has developed something
called the Totem to deliver all three.
In recent years, so -
called venture studios have become increasingly popular
vehicles for launching
startups.
It's a company
called Voyage, a
startup that specializes in autonomous
vehicles.
Another
startup called Next Future Transportation Inc has been working on self - driving modular
vehicles for some time.