Transportation

Lyft has been canceling job interviews this week and is reportedly on a hiring freeze in the U.S., according to anonymous professional network Blind and a report from Bloomberg. The freeze affects all departments in the U.S. and should last into next year as the ride-hail giant continues to face ec

"speakable-summary" style="font-weight: 400;">Amazon released Wednesday the second-generation version of Echo Auto, a smaller and slicker device aimed to broaden the e-commerce giant’s reach by bringing its Alexa voice assistant into more vehicles. Echo Auto, which first came to market in 2018

Tesla CEO Elon Musk is sick and tired of having to pause before tweeting to consider the potential implications on his company’s stock price. The celebrity executive is urging a federal appeals court to throw out a provision in his 2018 consent decree with the U.S. Securities and Exchange Com

BMW raised the curtain Tuesday on a high-performance plug-in hybrid SUV meant to lure buyers from the ultra-luxury segment's Lamborghini Urus and Aston Martin DBX. The BMW XM full-size SUV is the first electrified model from the brand's race track-ready M badge. Starting just below $160,000

China’s electric vehicle upstart Nio has joined Tesla in sourcing raw materials directly from mines rather than its own battery suppliers as soaring prices of lithium, a critical component of EV batteries, hurt manufacturers’ supply chain stability and bottom lines. Lithium carbonate pr

In China, a crop of homegrown chip companies has popped up as Beijing strives to decouple from America’s advanced technology and manage sanctions risks, which have crippled Huawei’s lucrative smartphone business. In the red-hot space of autonomous driving, Chinese semiconductor firms, b

Faraday Future said it has secured up to $100 million in funding as the struggling EV startup tries to launch its long-delayed first model, the FF 91. The near-term funding agreements include up to $40 million in convertible notes and warrant exercise payments, and up to $60 million in convertible

Volkswagen is partnering with a Belgian technology group to produce battery materials in Europe, the latest in a spate of industrywide deals to create a circular battery economy that can meet production targets as automakers shift toward EVs. The $3 billion joint venture between Volkswagen Group

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General Motors is partnering with a Canadian battery recycler to produce new batteries from recovered battery materials, as it aims to scale EV production in North America amid supply shortages and rising costs. The automaker invested through its GM Ventures arm in a Series A financing round for Li

Volkswagen is partnering with a Belgian network operator to integrate electric vehicles into the power grid, as more EVs take to the road amid rising energy costs. Volkswagen’s charging unit Elli and re.alto, a startup owned by Brussels-based Elia, signed a memorandum of understanding on Frid

Ford broke ground Friday at its $5.6 billion BlueOval City complex in Tennessee, the epicenter for its future electric vehicles and a key milestone toward its goal to sell 2 million EVs annually by late 2026. BlueOval City is slated to begin building advanced batteries for future Ford and Lincoln E

Tesla couldn’t get a judge to dismiss a case alleging racial bias at the automaker’s Fremont factory, so the automaker is now countersuing the agency responsible instead. The luxury electric vehicle maker on Thursday filed a complaint in state court in Alameda County saying the Californ

Rad Power Bikes, a popular American e-bike brand that has raised over $300 million in the past two years, will start offering bikes as a subscription service next week. The company is partnering with Cycle, a Berlin-based e-bike subscription service that caters to couriers and last-mile delivery, t