AUTOMOTIVE

Electric bicycles now outselling electric cars and plug-in hybrids in the US

Electric bicycles now outselling electric cars and plug-in hybrids in the US

Electric bicycle sales have been on a skyward trajectory since early in the pandemic, and new numbers show they are selling more units than electric cars and plug-in hybrids combined. Those figures recently released by the Light Electric Vehicle Association trade group help bolster the case for personal electric vehicles as alternatives to larger cars …

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Cazoo to Acquire Leading Italian Online Car Retailer, brumbrum

Cazoo to Acquire Leading Italian Online Car Retailer, brumbrum

LONDON & NEW YORK–(BUSINESS WIRE)–Cazoo (NYSE: CZOO), Europe’s leading online car retailer, which makes buying and selling a car as simple and seamless as ordering any other product online, today announced that it has agreed to acquire brumbrum, Italy’s leading digital car retailer and subscription platform. Founded in 2016, brumbrum is based in Milan and …

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Baidu’s electric car brand Jidu closes $400M Series A round – TechCrunch

Baidu’s electric car brand Jidu closes $400M Series A round – TechCrunch

Once an industry with long development cycles, the automotive space is being upended by China’s tech giants. One can hardly keep up with all the new electric vehicle brands that come out of the country nowadays. Jidu, an electric carmaking company founded by Baidu and its Chinese auto partner Geely only a year ago, said …

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Calls to make companies liable for accidents not drivers

Calls to make companies liable for accidents not drivers

Self-driving car users should have immunity from offences, according to a new report. Photo: Shamil Zhumatov/Reuters People in a self-driving car should not be responsible for dangerous driving, accidents, speeding and jumping red lights, legal watchdogs propose. A report released on Wednesday from law commissioners covering England, Wales and Scotland calls for parliament to regulate …

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