Why Convoy's Dan Lewis expects digital freight to go mainstream within the year

Dan Lewis, co-founder and CEO of digital freight company Convoy, didn't start his company because he had a deep and abiding passion for trucking. At least, not at first. The executive has a background in strategy and management consulting that progressed into a career in product development for

Diesel is a horrible thing for an economy to depend on

Want to bring inflation to heel? There's no single, simple fix, of course, or we would have done it already. But a good place to start would be weaning the economy off gasoline and diesel. Prices for fossil fuels are through the roof. Gas prices are up over 75% since last year, and diesel is up

Tesla won’t set up manufacturing plant in India until allowed to first sell and service cars, Elon Musk says

Tesla won’t set up a manufacturing plant in India until it is first allowed to sell and service imported cars in the South Asian nation, the carmaker’s chief executive Elon Musk said Friday, more than a year after an Indian state said that the electric carmaker was planning to open a pl

Rivian hires a new COO amid other leadership and organizational shifts

Rivian has hired a new chief operating officer to lead the restructuring and alignment of its operations, the automaker said Thursday. Frank Klein will join the company on June 1 as Rivian's new COO to oversee the automaker's production, manufacturing engineering and supply chain.

Luminar hires execs from Apple, Nvidia and Tesla

Luminar, the U.S. lidar company, is the latest to poach executives from Apple, Nvidia and Tesla in the continuing talent war in automated driving and autonomous vehicle technology. Christopher “CJ” Moore, director of autonomous systems at Apple and former director of Tesla's Autopilot softw

Lucid recalls all of its 2022 Air EVs due to wiring issues

Despite already struggling to meet production targets, luxury EV maker Lucid has now issued a recall for the Air due to potential issues stemming from the car’s wiring harness. In a recent notice posted on the NHTSA website spotted by Lucid Insiders, a summary for the recall says unsecured wi

Jeep parent company Stellantis will reportedly plead guilty to emissions fraud

The world's fifth-largest automaker will reportedly soon plead guilty to end a multi-year investigation into its efforts to conceal the amount of pollution created by its diesel engines. According to Reuters, the US Justice Department and Dodge parent company Stellantis could announce as early

Finn raises $110M to expand car subscription platform in US, Germany

Car subscription platform Finn has raised $110 million in equity to expand in the U.S. and Europe and reach 30,000 subscriptions by the end of the year, according to the company. The funding, which brings Finn’s valuation to “more than $500 million,” comes at a time when consumers

Pony.ai loses permit to test autonomous vehicles with driver in California

The California Department of Motor Vehicles revoked Pony.ai’s permit to test its autonomous vehicle technology with a driver on Tuesday for failing to monitor the driving records of the safety drivers on its testing permit. “While reviewing Pony.ai's application to renew the testing

Stellantis to build new battery plant in Indiana

Stellantis and Samsung SDI said on Tuesday they will team up to build a $2.5 billion lithium-ion battery plant in Indiana. The project, which will create 1,400 new jobs and could surpass the $3 billion mark once it's complete, is Stellantis' first battery plant in the U.S. and its fifth wo

Uber hits 1 billion rides in Africa

  Uber today announced a significant milestone — it has completed 1 billion rides across all its markets in Africa. This feat translates to over 10 billion kilometres in terms of distance covered, according to the company. This milestone for Uber is coming nearly a decade aft

Judge rules that Tesla sexual harassment suit can proceed in court

A California county court judge ruled Monday that a sexual harassment suit against Tesla can proceed in court, rejecting the automaker's request for closed-door arbitration, according to Bloomberg. That means that Tesla must defend itself in open court against claims that female employees face

Hyundai plans to spend $10B on EVs, AVs and robotics in the US by 2025

Hyundai said it plans to invest more than $10 billion toward accelerating electrification and autonomous vehicle technology in the U.S. by 2025. Part of that pot includes the $5.5 billion Hyundai has earmarked for its new EV plant and battery manufacturing facility in Georgia announced Friday. Non-

Ex-Uber executive reveals how driver earnings were slashed in Kenya

New details have emerged showing that Uber was planning to further reduce commuter charges in Kenya, months after the 35% cut of 2016, which is the subject-matter of a civil suit filed by drivers against Uber BV and its local subsidiary. Alissa Orlando, a former Uber executive in Kenya, said that s