Electric start-up Rivian gets $US2.5 billion funding boost

US electric-car start-up Rivian has finalised another investment round of $US2.5 billion ($AU3.6 billion). The company has raised nearly $US5 billion ($AU7.2 billion) in 2020, adding to the $US2.85 billion ($AU4.1 billion) invested into Rivian in 2019. Counted among its investors are Ford, Amazon, and an investment firm owned by billionaire George Soros, a US stock trader and financier.

Jeep Gladiator diesel on sale in US, still a no go for Australia

The Jeep Gladiator will get the option of diesel power in the US but it is still a no go for Australia. Despite diesel engines accounting for the overwhelming majority of ute sales locally, the Jeep Gladiator has only been developed as a V6 petrol for right-hand-drive markets such as Australia.

Video: MINI Connected App, communicate with your Mini from anywhere!

Sponsored by MINI Got a Mini? Well, there's an app for that. All new Minis feature an always-on telemetry function called Mini Connected, which means you can access your car with your phone whenever you like.

2021 Kia Carnival interior revealed

A first look at the cabin of the upcoming 2021 Kia Carnival has been released today, revealing a premium dash design for the big seven-seat people mover. As with the incoming fourth-generation 2021 Kia Sorento, the new Carnival – also entering its fourth life cycle, 22 years in – will feature a pair of big 12.3-inch screens in the dash.

Tesla boss Elon Musk worth more than Warren Buffett

Elon Musk's net worth has overtaken that of billionaire investor Warren Buffett. The Tesla founder is now the world's seventh richest person according to Bloomberg's Billionaires Index, with Musk's estimated net worth exceeding US$70 billion (AU$100.7B). Warren Buffett, one of the world's most successful investors and part-owner of Chinese electric vehicle manufacturer BYD, sits in tenth place.

Ford Mustang Mach E drifting video: fake, real or next Ken Block stunt car?

Mystery surrounds a video of a stripped down 2021 Ford Mustang Mach E electric SUV conducting drifting tests deep inside a secret facility. The shaky handheld video footage – posted on YouTube earlier this month – has been filmed in a highly secure area not accessible by or visible to members of the public. The video ends with the person running through bushland, as if it they have been spotted by Ford personnel.

Toyota Supra GRMN to get BMW M power in 2023 – report

A limited edition Toyota Supra with BMW M Power is coming to showrooms in 2023, according to a report by Japan’s Best Car magazine citing unnamed sources. In a move that further cements the joint venture sports car program between the Japanese and German companies, BMW has reportedly been persuaded by Toyota to use one of its most prized engines in a limited run of Supra coupes.