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Online used vehicle retailer Shift Technologies cut its workforce by 30% in the first quarter as the company sought to reduce costs and eliminate duplicate positions following its merger with …
Online used-car marketplace Shift cuts workforce 30% following CarLotz merger Read More
As electric bikes grow in popularity, the number of deadly fires caused by faulty lithium-ion batteries has also risen. One of the main culprits? Cheap e-bikes delivered from non-reputable, overseas …
How a proposed federal e-bike incentive could lead to fewer battery fires Read More
Kakao Mobility, the ride-hailing subsidiary of South Korean messaging and internet giant Kakao, has made its first acquisition as it looks to raise its international profile. It has acquired Splyt, …
Kakao Mobility picks up ‘super app’ startup Splyt, once backed by SoftBank and Grab Read More
Elon Musk’s Boring Company is doubling down on its Vegas bet, with a proposal that would expand its underground transport system to 65 miles of tunnels below the streets of …
Elon Musk’s The Boring Company seeks to double the size of its Vegas Loop Read More
Cruise, the self-driving unit under GM, is rolling out its custom-built Origin robotaxi on Austin’s public streets in the next several weeks, CEO Kyle Vogt said while onstage at SXSW. …
Cruise to begin testing Origin robotaxis in Austin in coming weeks Read More
Volkswagen Group and its battery company PowerCo have picked Canada for its first overseas battery cell factory. The plant, located in St. Thomas, Ontario, will produce battery cells beginning in …
Volkswagen and PowerCo to build North American battery factory in Canada Read More
The high cost of trying to develop and produce vehicles, a business pivot and three restructurings has taken a toll on commercial EV maker Arrival. And it doesn’t look like …
Arrival is running out of cash — and fast Read More