A $100 Million Investment Pulls an EV Startup Out of Stealth Mode

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Hyundai and Kia are backing Arrival, a startup British maker of electrical supply vans, a superb use case for EVs. Hyundai and Kia introduced Thursday that they’re investing $111.5 million in Arrival, a startup British automaker constructing electrical supply vans. The three firms will collectively develop autos and share know-how as Arrival scales up its …
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Bell and Hyundai Soar into the Air Taxi Race

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At CES, the helicopter maker and the worldwide manufacturing large unveil their ideas for flying city mobility. Thus far, improvement of the electrical vertical-lift plane that can allow our desires of future city air taxis has largely been the purview of small aviation startups. The “bigs,” Boeing and Airbus, have acquired or partnered with smaller …
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