Transportation

While onstage at Tesla’s annual shareholder event, CEO Elon Musk hinted that the automaker would choose the location for a new gigafactory by the end of the year. Musk jokingly asked his fans where the company should build, and when a few yelled out “Canada!” Musk replied, “

Ford is raising the price of the F-150 Lightning, with increases ranging from $6,000 to $8,500, depending on the model and trim level. The entry-level “Pro” badged F-150 Lightning will now retail for $46,974, while the top-tier “Platinum Extended Range” version comes in at n

The idea for Gepek, a Croatian startup that aims to tap the sharing economy for same-day deliveries, came about because a brother and sister wanted to help their mother access her medication quickly. One Friday afternoon, Carla and Dario Ferreri’s mother had arrived at a seaside village for a

The Meyers Manx, the iconic 50-year-old dune buggy that’s been copied thousands of times, is officially making its return in 2023. But this time around, it’s electric. The Meyers Manx 2.0, which debuted Monday at an event in Malibu, will launch thanks to venture capitalist Phillip Sarof

It seems like only a couple of months since Boundary Layer announced its $5 million-ish round of financing, but the company hasn’t been resting on its laurels. Today, its founders told me it signed up some beefy launch partners and is gearing up for a large-scale roll-out as early as 2025. Bo

Electric vehicle company Canoo’s second-quarter results, like its first-quarter results, show a pre-revenue company that’s burning through cash. However, last quarter, Canoo was warning it might not have enough cash to stay in business. Three months later, the EV startup-gone-SPAC is to

Lyft has created a new business unit to beef up its digital advertising business across its tablets, mobile app, rooftops and bicycles, producing the potential to add billions of dollars to its bottom line. The ride-hailing company announced on its blog Monday that Lyft Media will help cash in on t

Chinese internet giant Baidu has secured permits to offer a fully driverless commercial robotaxi service, with no human driver present, in Chongqing and Wuhan via the company’s autonomous ride-hailing unit, Apollo Go. Baidu’s wins in Wuhan and Chongqing come a few months after the compa

Whether you're riding a chicken bus in Nicaragua or a Greyhound in the United States, intercity bus travel is rarely a glamorous affair. Despite its essential nature in moving people for vacation, visiting family and business, this particular mode of transportation has often been reduced to its

Tesla held its annual shareholder meeting, which the company now refers to as its Cyber Roundup, Thursday at the Tesla Gigafactory Texas. The Cyber Roundup comes just a couple of weeks after Tesla reported its Q2 earnings, which showed quarterly revenue declines caused by production challenges, ev

Ride-hail giant Lyft reported strong second-quarter earnings Thursday. Earlier this year, investors had been skeptical of Lyft’s ability to offset the costs of increased investments to attract and retain drivers. However, Lyft was able to take advantage of severe internal cost-cutting measure

Tesla will kick off Thursday afternoon its annual meeting — rebranded Cyber Roundup — from its Austin headquarters, an event that promises to deliver customary pomp and pageantry, thumping beats and some newsworthy comments from its CEO Elon Musk. There are 13 shareholder proposals on the agend

Volkswagen will offer a cheaper version of its ID.4 all-electric compact SUV that comes equipped with a smaller battery pack, a move aimed at attracting customers as inflationary pressures push vehicle prices higher. Volkswagen of America said Thursday it will sell three trims of the 2023 ID.4, inc

Pony.ai, a Chinese autonomous vehicle company valued at $8.5 billion as of late, has sued two former employees over alleged trade secret infringement. The lawsuit is arriving months after Frank (Zhenhao) Pan and Youhan Sun, two former technical leaders at Pony’s autonomous trucking business i