Volt Vibes #1
Thought this would be the best format to deliver some of the coolest things happening in the land of EVs and autonomous vehicles. Every week (or so), we’ll be dishing out the hottest updates
Shocking announcements from Wayve, Amazon, Tesla, BP and more.
Wayve Raises 1$ Billion to Unleash Autonomous Vehicles in London
Hold onto your butts, London! Wayve just secured $1 billion in funding to flood the streets with their autonomous rides. The 7-year-old AI beast, previously armed with $300 million, is doubling down on cameras and sensors (just like Tesla), ditching the lidar and high-def maps.
Read more (don’t hate me if you don’t have a NYT subscription)
Amazon’s Electric Army: 50 Volvo Trucks Deployed
Amazon is unleashing a fleet of 50 electric Volvos, its biggest heavy-duty deployment yet. These beasts boast a 275-mile range and can haul a whopping 82,000 pounds. Joining the 35 already prowling California, Amazon's electric army is growing stronger by the day.
Samsung Throws in the Towel on Autonomous Vehicles
Samsung's pulling the plug on its autonomous vehicle dreams. The Samsung Advanced Institute of Technology has axed autonomous driving from its lineup, shifting gears to focus on robotics and other tech. RIP, Samsung AVs. We hardly knew ye.
BP Charges Ahead as Tesla Taps Out
In a twist of fate, BP is gearing up to expand its EV charging network right after Tesla disbanded its supercharging unit. Elon Musk's layoff spree has left a power vacuum, and BP is ready to charge into the gap. Legacy players, it's your time to shine!
Tesla's $500 Million Supercharger Revival
In a shocking turn, Elon Musk announced Tesla's plan to splash $500 million to revive its supercharger network—just a week after axing the ~500-member team behind it. Talk about a plot twist!
For more details on the recent Tesla re-org, check out my deep dive here.
📚 Resources for the Brave and Curious
EV Charging Reports & Guides:
🚀 Power Up Your Multi-Family Property with ReVolt Energy!
Got EV chargers on your mind for multi-family properties? Check out ReVolt Energy (Here)! We’re brewing up some electrifying solutions just for you. Don’t miss out on the charge!
That's it for this week's electrifying EV and autonomous vehicle breakdown. Expect more badass updates every week, so subscribe and follow me at @ian_socrates on X.com.