Monthly Archive: September 2023

Redwood Materials Raises Over $1 Billion

Tesla co-founder and board member JB Straubel started the electric vehicle battery recycling company Redwood Materials in 2017. Now, as the EV industry continues to expand, the recycling company has raised over $1 billion in a new funding round, officially pushing Redwood past a $5 billion valuation. Straubel’s Redwood Materials raised over $1 billion in […]

Chinese self-driving startup DeepRoute to open European center in Germany in 2024 to kick off global expansion

DeepRoute expects to set up a European operations center in Germany next year and will release an overseas version of its Driver 3.0 ADAS solution.

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