Transportation

Rimac Group made headlines in June after it raised €500 million ($537 million) in a Series D round led by Goldman Sachs and SoftBank Vision Fund 2. The deal valued the Croatian startup at $2.2 billion, prompting the question: How has this company succeeded where so many other EV makers have strug

Scooter and micromobility company Bird has to fly at a slightly higher altitude — at least if it wants to keep its New York Stock Exchange (NYSE) listing. The company issued a press release on Friday noting that it had received word from the NYSE that its share price was “not in compliance&

Surging demand for this year's most hotly anticipated EVs is smashing order books and lengthening waitlists. The $60,000 Cadillac Lyriq SUV is the latest model to close its 2023 order book. The automaker said it has shifted the Lyriq's waitlist to the 2024 model, which is still open for ord

General Motors said Wednesday it will join a growing list of automakers focused on streamlining the EV charging process by equipping its models with “Plug and Charge” capability — aka the ability to easily plug in and automate payment at a range of different charging stations. Though

Einride, the Swedish startup that wants to electrify the autonomous freight industry, will begin operating its purpose-built, self-driving pods on public roads in the U.S. this year as part of an existing partnership with General Electric Appliances (GEA). Einride’s pods are built without a

Uber said on Thursday it has never explored exiting India, a key overseas market for several tech giants, dismissing a claim that it had held discussions to sell the local unit. Bloomberg reported earlier in the day that the San Francisco-headquartered firm had explored selling the India business,

Elon Musk’s The Boring Company has filed an application with the city of Austin to build a tunnel under Tesla's Gigafactory Texas in Austin. The application, which Electrek first reported on, does not state what Tesla intends to do with the tunnel. The application was filed on June 21, 20

Polestar is finally adding Apple CarPlay to its all-electric Polestar 2 sedan via an over-the-air software update, opening the automaker to a large swathe of iPhone-wielding car shoppers. Polestar said in a tweet June 6 it would release the update later this month. The company tweeted an update Wed

Ford said Wednesday it will build its next-generation of electric vehicles for Europe at its plant in Valencia, Spain. The automaker said it chose the Valencia factory over its facility in Saarlouis, Germany, for its ability to build profitable EVs that meet the demand of European customers, accord

As the global EV industry ramps up and crosses into the mass market, automakers must switch their focus from speed to cost, according to the AlixPartners 2022 Global Automotive Outlook released Wednesday. The world is continuing to electrify, with sales of battery-electric vehicles set to make up h

Shared micromobility operator Lime will temporarily shut down its operations in several South Korean cities at the end of the month. Lime attributes its withdrawal to regulatory shortfalls, like the lack of a request-for-proposal (RFP) process, which has led to a large number of operators with unco

A Black former worker at Tesla’s Fremont, California assembly plant has rejected a $15 million payout from the automaker in a lawsuit alleging racial abuse by co-workers. A judge gave the worker, Owen Diaz, a two-week deadline to accept the award, which had been slashed from the original $137

Two former Tesla employees filed a lawsuit against the EV maker Sunday alleging that the company did not provide the 60 days of advance notice required by federal law during a recent round of layoffs. It's the latest in a recent spate of suits brought by former employees against Tesla but the f

It’s been a tough few years for Omio, the Berlin-based travel search and booking platform that saw 98% of its revenues evaporate overnight when COVID-19 hit Europe back in spring 2020. But the company kept on trucking and has found some light at the end of the tunnel: Today it’s reporti