Cruise has expanded its driverless robotaxi service to daytime hours

Cruise is expanding its driverless ride-hailing service in San Francisco to daytime hours, Cruise CEO Kyle Vogt tweeted Wednesday. The robotaxi service is now available to employees 24 hours a day. Eventually, these expanded operating hours will be available to the public. The bolstered hours are t

Waabi unveils its first-generation self-driving truck

Autonomous trucking startup Waabi has unveiled its first generation of trucks that are purpose-built for OEM integration. The trucks are powered by the Waabi Driver, a combination of Waabi’s software, sensors and compute. Their launch signals both that Waabi is ready to verify and validate it

Genesis teases its EV future with the Genesis X convertible

Hyundai luxury arm Genesis unveiled Tuesday evening the Genesis X convertible, the third and final electric vehicle concept of the brand’s EV future. The reveal, held at a splashy event ahead of the 2022 Los Angeles Auto Show, follows the X Concept and the X Speedium Coupe — all of which fa

Uber, Lyft to pay NYC drivers more by end of year

Uber and Lyft will have to increase the minimum pay rates for drivers in New York City by the end of the year, Engadget reports. The fare increase comes amid a driver shortage post-pandemic, in large part due to rising operational costs. The city’s Taxi and Limousine Commission (TLC) voted to

Redwood Materials to supply Panasonic with cathode material in multibillion-dollar deal

Battery materials and recycling startup Redwood Materials has landed a multibillion-dollar deal to supply critical battery components to Panasonic as efforts accelerate to build a domestic supply chain in North America to support the coming influx of EVs. Redwood said Tuesday it will supply Panason

Helbiz sees losses in mobility revenue, slight gains in streaming

Helbiz’s third-quarter earnings show a company that’s burning cash, not making revenue gains and losing riders year over year. However, Helbiz’s burgeoning sports streaming service did realize some small gains. The micromobility SPAC reported its Q3 earnings Monday, the same day a

Bird may not have enough funds to continue shared micromobility business

Just hours after Bird said it had overstated revenue for more than two years by recognizing unpaid customer rides, Bird dropped a going concern warning. In a regulatory filing, the company said it might “need to scale back or discontinue certain or all of its operations in order to reduce cos

The Amazonification of Uber

It's been six months since Uber hosted Go, Get, a global smorgasbord of product reveals and features that covered everything from booking party buses and voice ordering for Uber Eats to linking travel plans to Gmail and skipping the food lines at sports stadiums. The product reveals aren’

Faraday Future gets a lifeline to raise up to $350 million

Moribund EV startup Faraday Future could receive up to a $350 million lifeline to help launch its first vehicle, according to a regulatory filing. The company said Monday it has signed a deal with an affiliate of Yorkville Advisors Global for an equity line of credit up to $350 million. The financi

Bird tells SEC it overstated revenue for two years

Micromobility company Bird said Monday it had overstated its revenue for more than two years by recognizing unpaid customer rides. Bird's audit committee found on Friday that the company's financial reports spanning the first quarter of 2020 through the second quarter of 2022 “should no l

How Rad Power Bikes stacks up for a boomer and a millennial

Rad Power Bikes, the U.S.-based e-bike manufacturer, has made its mark as a direct-to-consumer business selling fat-tire bikes that helped shape the COVID e-bike boom. In 2021, the company raised two massive rounds — $150 million in February 2021 and another $154 million just eight months lat

Tesla opens its EV connector design to other automakers

Tesla is sharing its EV charging connector design in an effort to encourage network operators and automakers to adopt the technology and help make it the new standard in North America. Tesla said in a blog post Friday that its design and specification files are available for download. The company s

Polestar doubles Q3 revenue, narrows losses

Polestar said it's still on track to deliver 50,000 cars worldwide this year, even as other electric vehicle makers falter amid higher costs, supply chain crunches and production challenges. The Volvo spinoff, which went public in a SPAC deal in June, delivered more than 30,424 globally for t

Now anyone can hail a Waymo robotaxi in downtown Phoenix

Waymo has opened up its fully driverless ride-hail service in downtown Phoenix to members of the general public. Previously, the company had only been operating a commercial service with no safety driver behind the wheel for participants in its “trusted tester” program. The expansion in