Rivian CEO confirms layoffs could be part of restructuring to stay ‘nimble’
Rivian will continue to hire in strategically important areas even as it restructures its business and possibly cuts some jobs, according to an internal email from CEO RJ Scaringe that was sent to employees following reports the EV automaker was planning to lay off about 5% of its workforce.
The em
May Mobility aims for fully driverless autonomous shuttles by 2023
May Mobility, a Michigan-based autonomous ride-hail and shuttle startup, says its most recent round — a $111 million Series C — will help it get to driver-out operations in 2023.
To advance its technology and scale its commercial efforts, the company intends to use the funding to triple
Honda key fob flaw lets hackers remotely unlock and start cars
"attachment_2351573" aria-describedby="" style="width: 1024px">The hackers demonstrating the radio replay attack using a vulnerable Honda key fob. Honda said it could not determine if the attack was “credible.” Image Credits: Star-V Lab
Security researchers have revealed a vulnerability
Volkswagen, Audi tap Redwood Materials to recycle old EV batteries in US
Volkswagen of America and Audi have locked in a resurrection plan for old battery packs from their growing slate of EVs.
The two VW Group brands have contracted with startup Redwood Materials to recover and recycle end-of-life EV battery packs from its thousand-dealership network in the United Stat
Walmart agrees to order 4,500 Canoo EVs for last-mile delivery
Walmart said Tuesday it signed an agreement to buy 4,500 all-electric delivery vehicles from Canoo, the electric vehicle startup-turned-SPAC that last quarter warned it may not have enough money to stay in business.
Canoo wouldn’t share the financial terms of the deal. However, a spokesperson
Battery recycling could be the next investor darling of the EV era
Automakers and suppliers, keen to fortify an EV supply chain and avoid raw materials shortages, are turning to a domain once overlooked: battery recycling.
Suddenly awash in interest from EV makers and venture firms, the sector has seen a spate of partnerships and funding deals in the past 18 month
The Station: Layoffs are coming for the AV world, VW plans ‘big moves’ in China and inside Cruise’s robotaxi outages
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White House: Tesla to expand its US Supercharger network to other EVs in late 2022
Tesla plans to begin opening its Supercharger network to other electric vehicles by the end of the year, according to a White House memo that shared the automaker's plans.
The U.S. government said in April that it needs to increase its own network of about 1,100 charging stations a hundred-fold
EV charging sucks because it hasn't found the right business model
Electric vehicle charging has come a long way in recent years.
Until somewhat recently, road-tripping required lots of advance planning. Charging speeds were slow, necessitating stops that easily stretched past 30 minutes. Sessions were stymied by broken or vandalized equipment or inconsiderate fos
Ford, VW-backed Argo AI lays off 150 workers, slows hiring
Argo AI, the autonomous vehicle technology startup backed by Ford and Volkswagen, has laid off about 150 people and slowed the pace of hiring, making it the latest tech company to reduce its workforce as recession fears grow.
The layoffs account for about 5% of its more than 2,000 global workforce,
Another fatal Tesla crash is being investigated by US safety regulators
The National Highway Traffic Safety Administration has opened an investigation into a fatal crash involving a Tesla, according to documents viewed by technewss.
The investigation, which was opened in July, is the latest in a long string of inquiries by NHTSA’s Special Investigations program
US safety regulators open special investigation into Cruise AV crash
The National Highway Traffic Safety Administration has opened a special investigation into a crash in San Francisco involving a Cruise autonomous vehicle that resulted in minor injuries.
The agency’s special crash investigations team officially launched its inquiry in June, according to docum
Volkswagen breaks ground on first of six battery factories
Volkswagen Group broke ground Thursday at the first of six battery factories it expects to build in Europe, the official kickoff of a new battery business that will invest $20 billion through 2030 to become a global EV leader.
Volkswagen's new company, called PowerCo, will be responsible for th
28% of Americans still won't consider buying an EV
More than a quarter of Americans say they would not buy an electric vehicle, according to a Consumer Reports survey released Thursday.
Price, range and access to charging stations have remained as primary barriers to buying an EV. But Consumer Reports has identified a new factor: a lack of educatio