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Why Car Prices Went Up

The automotive industry is experiencing unprecedented upheaval as car prices soar to unprecedented heights. The pandemic's ripple effects, from supply chain disruptions to shifting consumer demands, have reshaped the market landscape. This article delves into the multifaceted reasons behind...

WeRide raises $200m

WeRide, as per its reporting on Wednesday, stated that it has raised $200 million through a long-term, mega-investment in Chinese bus maker Yutong. WeRide is one of the most – funded startups that has bought differentiation into the market...

HopSkipDrive raises $22 million in latest round of funding

HopSkipDrive, a Los Angeles based transportation company for children, has received a  $22 million in funding in the latest round. The round, largest yet, saw participation from 15 investors which include Cyrus Capital Partners, State Farm Ventures, Upfront Ventures,...

Uber to pay $650 million employment tax bill to New Jersey

Uber considers its drivers as contractors and not as employees because it does not pay the drivers. Instead, they receive 20% from each trip. New Jersey Department of Labor and Workforce Development, however, is not convinced with that argument....

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