Transportation

Cruise, GM’s self-driving technology subsidiary, has started the long and winding regulatory process to test its next-generation “Origin” robotaxi on public roads in San Francisco. The company has applied for a permit with the California Department of Motor Vehicles to test its cu

Honda will launch a fuel cell electric vehicle in 2024 based on its bestselling CR-V crossover. The automaker said it will produce the CR-V variant at its Performance Manufacturing Center (PMC) in Marysville, Ohio, as part of its strategy to go fully electric by 2040 and carbon neutral by 2050. Ins

Gogoro, the Taiwanese company that’s commercializing battery swapping ecosystems for electric scooters, is targeting the Philippines as its next market. The startup said Tuesday it has partnered with Filipino conglomerate Ayala Corporation, telecomms provider Globe and corporate venture build

Lordstown Motors has starting shipping its all-electric Endurance pickup trucks manufactured by Foxconn, a milestone that seemed impossible earlier this year. Lordstown Motors, which has experienced investigations, executive upheaval and a shortage of capital, said Tuesday that its full-sized EV tr

Israeli urban trip planning app Moovit unveiled a new feature Tuesday that allows users to follow a transit line’s movements along the map in real time. The new feature, which is in addition to Moovit’s real-time arrival countdown, brings a new level of accuracy and certainty to users&#

Kenya's first fully electric taxi service, NopeaRide, is exiting the market after its parent company EkoRent Oy failed to raise additional funding to keep it afloat. NopeaRide said EkoRent Africa, the local subsidiary of the Finnish company, has filed for insolvency in Kenya, bringing to an end

Faraday Future, the troubled EV startup-turned-publicly-traded company, has shuffled its executive ranks once again. The board fired its CEO Carsten Breitfeld, according to a regulatory filing posted Monday after the markets closed. Brietfeld, who was the former co-founder of failed EV startup Byto

Cairo-born and Dubai-based mass transit and shared mobility services provider SWVL has carried out its second round of layoffs affecting 50% of its remaining headcount, according to a statement shared by the company.  The news is coming six months after SWVL laid off 32% of its workforce in a “p

Stellantis, the parent company to brands like Jeep, Dodge, Fiat, Maserati and Peugeot, said Thursday it would reorganize its European dealer networks in July 2023 in an effort to cut costs and support its investment into electrification. Starting next summer, Stellantis said it would end all curren

Tesla investors are begging CEO Elon Musk and the board of Tesla to consider buying back shares as the company’s stock price slumps to a two-year low. Tesla stock was trading at $183.20 after hours on Wednesday, and its market capitalization has plunged by almost $700 billion since its peak a

U.K.-based electric two-wheeler manufacturer Zapp Electric Vehicles is merin with a blank-check company to become publicly traded on the Nasdaq at a post-money valuation of $573 million. Zapp says it will use the proceeds from the merer to brin its lon-awaited i300 hih-performance, seated city scoo

Lyft is partnering with Redwood Materials, a battery recycling company founded by ex-Tesla co-founder JB Straubel, to ensure the batteries from its fleets of shared electric bikes and scooters don’t end up in a landfill at their end of life. The news, reported by The Verge, comes the same wee

Hyperloop Transportation Technologies (HyperloopTT) has entered into a definitive merger agreement with special purpose acquisition company (SPAC) Forest Road Acquisition Corp. II, which is led by former Disney executives Tom Staggs and Kevin Mayer. The combined company will list shares at a pre-mo

Leta, a Kenyan B2B supply chain and logistics SaaS provider launched last year to optimize fleet management, is looking for growth opportunities in West Africa, even as it scales operations in its existing five markets. Leta's proprietary route and load optimization technology is designed to bo