Transportation

When Helbiz chose its name, did it know that its business would eventually so aptly resemble its moniker? That's an easy jab to make, but one that feels fitting after reading through Helbiz's fourth-quarter and full-year 2021 earnings report, which was released well into the second quarter

Volkswagen Group, one of the world’s largest automakers with nearly 9 million vehicles sold last year, ratcheted up an already ambitious strategy in 2021. The target: to transform the company from a maker of cars, commercial vans, sedans and even motorcycles into a global mobility business th

Only four months after Deeproute.ai announced it planned to sell its self-driving solution at an attractive $10,000, the Shenzhen and Fremont-based startup said it has further slashed the cost by approximately 70% to $3,000. The touted price tag surely stands out, given Deeproute is promising two t

Convoy, a digital freight network that connects shippers with carriers, has raised $260 million in fresh funding to scale up initiatives that will push the trucking tech industry into new ground. The Seattle-based startup’s latest influx of capital is made up of two parts — $160 million

Autonomous ride-hail and shuttle startup May Mobility is partnering with wheelchair-accessible van manufacturer BraunAbility to modify its fleet of Toyota Sienna Autono-MaaS (S-AM) vehicles to include ADA-compliant vehicles. May operates low-speed AVs geared toward augmenting public transport in fi

Lincoln unveiled Wednesday at an event in Hollywood its first fully electric concept vehicle: The Lincoln Star Concept, a crossover that looks a lot like a Corsair or Nautilus crossover with a longer, lower-slung body, sharper body creases highlighted with LED lighting effects and a few interesting

Tesla has raised prices on its vehicles as it anticipates cost pressures from suppliers and logistics over the next six to 12 months, the automaker said on Wednesday during its first-quarter 2022 earnings call. “We absolutely want to make EVs as affordable as possible. It’s been very di

Tesla plans to bring a dedicated robotaxi with no steering wheel or pedals to market by 2024, CEO Elon Musk said Wednesday during Tesla’s first quarter 2022 earnings call. That’s just two years to develop, test, verify, produce at volume and commercially launch a robotaxi service that m

Tesla said Wednesday that a prolonged supply chain crunch has limited production capacity at its factories and expects the pain to continue through the rest of the year. “Our own factories have been running below capacity for several quarters as supply chain became the main limiting factor, w

Today after the bell American electric vehicle giant Tesla reported its first-quarter performance. The company detailed revenues of $18.76 billion and $2.86 worth of earnings per share, up from its Q1 2021 results of top line worth $10.389 billion and earnings per share of 93 cents.  Tesla said it

Dan O’Dowd, the billionaire founder of The Dawn Project and Green Hills Software, is running for U.S. Senate on a single issue. It’s not unemployment or inflation or even education. It’s about making computers safer for humans, starting with a ban on the Tesla-branded “Full

Toyota’s Lexus is the latest luxury brand this week to unveil its first-ever battery-electric vehicle, a surprisingly low-range SUV called the RZ that is supposed to set the direction for its future. And that future looks a lot like the Toyota bZ4X that recently launched. The 2023 RZ 450e is

Every year Jeep heads out to Moab, Utah for Easter Jeep Safari, an off-roading-trail-meets-ogle-all-the-sweet-4×4-candy event that attracts thousands of people. While Jeep isn’t in charge of the nine-day event  — Moab's Red Rock 4-Wheelers is the official host — the company does

The future of Bolt, the Estonia-based ride-hailing company, in Tanzania is hanging in the balance following a new 15% service fee order that went into effect Friday last week. Bolt, Uber's main rival in Europe and Africa, in response to queries by technewss, said it had reached out to relevant