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Los Angeles Auto Show 2025 announces AutoMobility LA speakers
and Paralympic Games," the following sessions are confirmed so far: • The Future of Luxury EVs: A Conversation with Lucid's Marc Winterhoff • AI Is Now: How Artificial Intelligence is Transforming Automotive retail sales (Presented by Marianne Johnson and David Foutz of Cox Automotive) • Future of Air: Electrification in Aerospace (presented by Ken Karklin, CEO of Pivotal.aero, on how lessons from urban ...
News Updated at: 2025/09/26
Japanese OEMs’ EV profits do not match EV sales growth in U.S.
growing pains" of increased sales of electric vehicles (EVs) without profits. While Japanese automakers are off to a robust start and their EV sales have started to increase, they are being forced to increase incentives (sales subsidies) and discount prices in the U.S. According to an estimation by Cox Automotive Inc., a U.S. research company, Honda Motor Co., Ltd. sold 12,644 EVs (excluding the Acura) in the U.S. from July to September, and earn...
News Updated at: 2024/11/12
Cox Automotive opens new EV Battery Solutions Facility in Conyers, Georgia
Cox Automotive opens new EV Battery Solutions Facility in Conyers, Georgia On February 1, Cox Automotive announced the opening of its new EV Battery Solutions service center in Conyers, Georgia at a time of rapid EV growth in the state, with ongoing EV facility investments from various automakers and battery manufacturers. "As the global leader of integrated battery caretaking services, we provide flexible capacity and logistics expertise that fr...
News Updated at: 2024/02/02
Israel's innovation hub Drive TLV announces partnership with Novelis
has joined their exclusive forum of partners. The partnership's primary objective is to facilitate formal and informal collaborations between Novelis and Israeli multi-domain startups and entrepreneurs. Novelis joins Drive TLV's elite roster of partners, which includes: Afifi Group, ALD Automotive, Cox Automotive, DENSO, Hertz, Ituran, Honda, Goodyear, Mayer Group, Saint Gobain, Sona Comstar, Volvo Group, and Volvo Cars. As a Drive TLV Partner,...
News Updated at: 2022/10/20
Cox Automotive launches mobility unit for OEMs, fleets, battery life-cycle management
Cox Automotive launches mobility unit for OEMs, fleets, battery life-cycle management On January 31, Cox Automotive signaled its future mobility intent with the launch of a new global division – Cox Automotive Mobility – targeting emerging transport technologies. Cox Automotive Mobility will guide the growth of mobility-focused digital and physical services, product development and investments throughout the U.S., UK, Continental Europe, Cana...
News Updated at: 2022/02/01
Drive TLV, Israel adds Denso as partner
tners can participate in its FastLane program for start-ups. They also have access to the POWER by Drive test track and development center for testing, evaluation and further development of new technology. In addition to Denso, Drive partners include Honda, Volvo Cars, Volvo Group, NEC Corporation, Cox Automotive and Hertz. Drive TLV has helped more than 40 mobility-focused start-ups raise a total of more than USD 1 billion to develop and commerc...
News Updated at: 2021/11/03
Electric Last Mile signs EV customer service agreement with Cox Automotive
Electric Last Mile signs EV customer service agreement with Cox Automotive On October 6, Electric Last Mile Solutions (ELMS) announced it has signed an agreement with Cox Automotive Inc. to provide comprehensive service and support solutions for its commercial EV customers nationwide. ELMS’ Urban Delivery has already been shipped and sold to customers, becoming the first Class 1 commercial EV available in the U.S. market. ELMS and Cox Automoti...
News Updated at: 2021/10/13
Electric Last Mile Solutions announces long-term supply agreement with Wuling Industry
or the manufacture of the ELMS all-electric Urban Delivery vehicle.The agreement with Wuling Industry adds to the Company’s existing and developing strategic partnerships with other industry-leading suppliers and service providers, including CATL for battery packs, Geotab for advanced telematics, Cox Automotive for comprehensive service coverage and Randy Marion Automotive Group for distribution.The ELMS Urban Delivery, anticipated to launch la...
News Updated at: 2021/07/15
Electric Last Mile partners with Cox Automotive for commercial EV fleet service
Electric Last Mile partners with Cox Automotive for commercial EV fleet service On May 3, Electric Last Mile, Inc. (ELMS) and Cox Automotive Inc. announced a new collaboration working towards delivering a more comprehensive service and support ecosystem for ELMS’ Urban Delivery EV customers.ELMS, headquartered in Troy, Michigan with a plant in Mishiwaka, Indiana, expects to begin production of the Urban Delivery by the end of the third quarter...
News Updated at: 2021/05/05
Rivian announces USD 2.65 billion investment round ahead of EV production
evious Rivian investments include: • USD 2.5 billion funding round led by T. Rowe Price Associates in July 2020 • USD 700 million funding round led by Amazon in February 2019 • USD 500 million investment from Ford in April 2019 • USD 350 million investment from Cox Automotive In September 2019 • USD 1.3 billion investment round led by T. Rowe Price Associates with participation from Ford, Amazon and ...
News Updated at: 2021/01/20
Rivian begins pilot production, EVs scheduled to arrive in summer 2021
1S utility vehicle is scheduled to roll off the line in Normal, Illinois in August 2021.The timing puts the company about six months behind its original launch plan, delayed by the coronavirus pandemic.Rivian began pilot production of the EVs at the plant earlier this week.Backed by Ford Motor Co., Cox Automotive, Amazon and others, Rivian has spent about USD 750 million to overhaul its assembly plant once owned by Mitsubishi Motors. Rivian said ...
News Updated at: 2020/07/25
Rivian announces USD 2.5 billion funding round as it prepares 3 launches for 2021
vian Founder and CEO RJ Scaringe.Rivian’s previous investments included: • February, 2019: Rivian announced a USD 700 million funding round led by Amazon • April, 2019: Rivian announced USD investment by Ford Motor Co., collaborate on a future program • September, 2019: Cox Automotive announced USD 350 million investment in Rivian, collaboration on logistics • September, 2019: Rivian announced development o...
News Updated at: 2020/07/11
Rivian announces USD 1.3 billion funding round led by T. Rowe Price
is Rivian’s fourth of 2019.In February, Rivian announced a USD 700 million funding round led by Amazon. In April, Rivian announced that Ford Motor Company invested USD 500 million and that the companies would collaborate on a vehicle project utilizing Rivian’s skateboard platform.In September, Cox Automotive announced its USD 350 million investment in Rivian, complemented by plans to collaborate on logistics and service.In late September, Ri...
News Updated at: 2019/12/24
Rivian to build first of 100,000 electric vans for Amazon in Normal, Illinois in 2021
Amazon, Mast said.Rivian and Amazon did not disclose a price for the Amazon-dedicated fleet. While Amazon led a USD 700 million round of funding for Rivian earlier in 2019, the vans were negotiated outside that partnership, Mast said. Rivian received a USD 350 million investment from Atlanta-based Cox Automotive earlier in September, as well as a USD 500 million investment from Ford. (Detroit News article on September 19, 2019) (Amazon press rel...
News Updated at: 2019/09/20
Cox Automotive partners with Israel based DRIVE TLV
Cox Automotive partners with Israel based DRIVE TLV On September 17, Cox Automotive announced a partnership with DRIVE TLV, a Tel Aviv-based smart mobility innovation center. Cox Automotive will join a select group of DRIVE's partners: Hertz Rent a Car International, Israeli telematics company Ituran, NEC, Aptiv, Honda, Volvo Group and Volvo Cars. The partnership's main goal is to facilitate collaboration between Cox Automotive and Israeli tra...
News Updated at: 2019/09/18
Rivian receives new USD 350 million investment from Cox Automotive
Rivian receives new USD 350 million investment from Cox Automotive On September 10, Plymouth, Michigan-based electric vehicle startup Rivian Automotive LLC announced it received a USD 350 million investment from Atlanta-based Cox Automotive as it gets ready to produce its first vehicles.The investment follows USD 500 million from Ford and USD 700 million from Amazon earlier this year. Rivian aims to launch a five-passenger electric R1T pickup and...
News Updated at: 2019/09/11
Ridecell powers GIG Car Share’s electric car-sharing service in California
mous ride-hailing. Through its acquisition of Auro, Ridecell also provides a comprehensive suite of L4 on-vehicle software, sensors and controls that enable autonomous vehicle operation.Founded in 2009, Ridecell operates in the U.S., Europe, Asia, and Australia and has investors that include DENSO, Cox Automotive, Munich Re Venture’s ERGO Fund, Initialized Capital, LG Technology Ventures, BNP Paribas, Penske, Deutsche Bahn, Mitsui, Sony Innovat...
News Updated at: 2019/05/20
San Francisco-based LiDAR startup Ouster raises over USD 60 million in funding
San Francisco-based LiDAR startup Ouster raises over USD 60 million in funding On March 25, San Francisco-based LiDAR startup Ouster announced it has raised USD 60 million in additional funding from Runaway Growth Capital and Silicon Valley Bank as well as additional fund from Cox Enterprises, Constellation Tech Ventures, Fontinalis Partners, Carthona and others who participated in Series A financing round.The new funding is in addition to USD 27...
News Updated at: 2019/03/29
Ford-associated Fontinalis Partners invests in lidar sensor company Ouster
announced that it is part of a group investing in lidar sensor company Ouster.Ouster claims the ability to produce a high-performance lidar sensor roughly five times cheaper than any other manufacturer.San Francisco-based Ouster will receive USD 27 million in total financing to ramp up production. Cox Enterprises, an Atlanta-based conglomerate, is contributing the most in the group.The first round of funding for Ouster will be used to manufactur...
News Updated at: 2017/12/12
Rapid U.S. sales rebound expected after Hurricane Harvey
Rapid U.S. sales rebound expected after Hurricane Harvey While U.S. auto sales declined 1.9% in August, partially due to Hurricane Harvey, the results are likely to improve through the remainder of 2017."We expect the recovery in vehicle sales to be quick," said Jonathan Smoke, chief economist for Cox Automotive. "People need transportation to get their lives back in order, and in Houston, that transportation is the automobile."Kelley Blue Book s...
News Updated at: 2017/09/06
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