EV

UVeye Deploys Quantum-Accelerated AI for Vehicle Inspections With New Funding

UVeye, an Israeli company at the forefront of innovation, has recently achieved a significant milestone by securing $191 million in new funding. This substantial financial boost is earmarked for the expansion and enhancement of their groundbreaking AI-powered vehicle inspection systems. The funding round, which closed in late January 2025, comprises two key components: $41 million in equity, spearheaded by Toyota’s forward-thinking investment arm, Woven Capital, and a substantial $150 million in debt financing provided by Trinity Capital. This latest injection of capital has propelled UVeye’s total funding to an impressive $380.5 million since its establishment in 2016, highlighting the increasing confidence and investment in advanced automotive technologies. “Our technology’s precision and the strong market demand underscore UVeye’s vital role in

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Mercedes Vision One Eleven reimagines an icon

Mercedes-Benz has taken a big step back to the future in its unveiling of the Vision One-Eleven concept. The German auto manufacturer gives the nod to a previous iconic design, specifically the 1969 C111 concept, with the appearance of the Vision One-Eleven. Mercedes’ designers didn’t stray radically from the vintage lines of the C11. Retained were the two large, contrasting hood scoops, side vents and, most importantly, gullwing doors that made the C111 so iconic. However, the past ends and the future begins with the Vision One-Eleven’s augmented reality capabilities. Mercedes has integrated an augmented reality headset which can be used by occupants to enhance user experience, combining the car’s physical interior with a digital interface. For instance, AR makes

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2023 Genesis GV60 launches as top luxury EV crossover

Six years after the carmaker’s launch as a standalone luxury brand, the 2023 Genesis GV60 debuts as the marque’s first dedicated electric vehicle. It delightfully further blurs the definition of automotive innovation and gadgetry. Available in Advanced and Performance trims, the GV60 is operated by two electric motors and a 77.4-kWh battery pack. Using a 120-volt (Level 1) household-style outlet, the GV60 takes about 68 hours to charge. A 240-volt (Level II) outlet will charge the GV60 in around seven hours. Using a DC Fast-Charging (Level III) station, the GV60 will advance from a 10 to 80 percent charge in around 18 minutes (250-kW/800 volts). The battery can also be used to power external equipment, including appliances. The relevance of

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Lamborghini announces two non-hybrid V12 one-offs

Oops, not so fast, Lamborghini. The automaker announced last September the decade-defining 6.5L V12 engine found in so many of Lamborghini’s supercars would receive a swan song in the Aventador Ultimae. But hold off on the going away party. It now appears the power plant’s demise is premature. Lamborghini has done an abrupt about-face with the recent announcement that two one-off models would instead be the end of the line for the famous engine. Rather than leaving it at the Ultimae, the automaker used the non-hybrid V12 power in the new Invencible coupe and Auténtica roadster. Both highly limited Lamborghinis ride on the Aventador platform that premiered in 2011. They feature the thought-to-be-departing naturally-aspirated V12 synonymous with the brand’s top-tier

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Bugatti-Rimac hybrid hypercar will be ‘totally bonkers’

If you’re a Bugatti fan and have wondered about the successor to the Chiron in the wake of the manufacturer’s merger with Croatian EV manufacturer Rimac, wonder no longer. Mate Rimac, founder and CEO of Rimac Automobili said an interview with Auto Express the Chiron’s successor will be a “hypercar rearranged as a hybrid,” and that the engine powering it is already in development. It will the first time Rimac will use combustion power and Bugatti hybrid technology. For those not sold on the idea of electric power, don’t worry. Rimac, leading the development of the post-Chiron hypercar, told Auto Express the vehicle will be “totally bonkers” and that “everybody will be blown away when they see what we did.”

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Volvo EX90 accelerates toward its electric future

Volvo‘s push for an all-electric future ramped up as the Swedish automaker recently unveiled in Stockholm the Volvo EX90, its largest and most expensive electric vehicle to date. The debut of the Volvo EX90 follows the carmaker’s pledge to eliminate all gas-powered vehicles from its lineup by 2030. Volvo currently sells two EVs — the C40 Recharge and XC40 Recharge — yet the electric architecture of the EX90 has been built from the ground up for peak ergonomics. Volvo’s newest model is propelled exclusively by two electric motors sending power to all four wheels. Currently no single-motor option is available but this could change. The standard, Twin Motor model generates 402 horsepower and 568 lbs/ft of torque. Volvo EX90: Engine

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