Transportation

GoTo Global, an Israeli mobility company that offers shared micromobility and car-sharing services in Spain, Israel, Malta and Germany, is going public on the Tel Aviv Stock Exchange (TASE) through a merger with shell company Nera Tech Media. The merger is expected to close in early April, which wi

U.S. ride-hailing company Lyft dropped its fourth-quarter financial results Tuesday, a report that showed a mixed bag of growth — that in the area of active riders failed to meet analysts’ expectations. The public company had Q4 2021 revenues of $969.9 million, up around 70% from its year-a

Forget the electric pickup truck wars, which has Ford, GM and Rivian duking it out for market share. The electric wagon-meets-crossover battle is heating up with Toyota, Subaru, Hyundai and Kia all introducing new EVs this year. The latest is Subaru, which opened up reservations Tuesday for its upc

Tesla has received a subpoena from the Securities and Exchange Commission in November 2021, according to Reuters and CNBC. The automaker has revealed the information in a financial filing, noting that the agency, in particular, is seeking information on its “governance processes around compli

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point

California-based electric vertical takeoff and landing startup Joby Aviation plans to offer an air taxi service in South Korea in partnership with SK Telecom (SKT), one of the country’s largest telecommunication companies. The two partners signed a strategic collaboration agreement on Sunday

Ford has made cost-cutting a key piece of its EV strategy as the company works to improve profit margins while meeting what CEO Jim Farley has called “incredible demand” of its new electric vehicle models. During the company’s fourth-quarter and full-year earnings call on Thursda

Automakers keen to sell vehicles loaded with features and software services — in a bid to generate more revenue — have an information overload challenge. These so-called software-defined vehicles contain myriad systems-on-a-chip (SoCs) running anything from electric powertrains to driver assist

""> Tesla is once again grappling with large-scale software quality issues. The Associated Press reports Tesla has issued a recall for 817,143 cars over a flaw in seat belt chime functionality. All Model 3 and Model Y cars, as well as 2021 and newer Model S and Model X cars, have a “software e

As the automotive industry inches slowly ahead on the road to self-driving vehicles, we’re seeing the emergence of startups aiming to fill in some of the technical gaps in autonomous systems as they exist today. In the latest development, Annotell, a startup out of Sweden that makes software

Lamborghini Chairman and CEO Stephan Winkelmann has no time for celebration, despite being at the helm of an automaker that posted an all-time sales record for 2021 — a milestone driven by demand for its ultra luxury Urus SUV. The leader of the Italian supercar maker has more pressing matters tha

The co-founders of Electric Last Mile Solutions Inc. have resigned following an internal investigation that discovered the top executives purchased equity in the company at substantial discounts to market value shortly before the commercial electric vehicle startup went public via a merger with a s

Polestar hails from the great snowy land of Sweden and today revealed a special edition Polestar 2 outfitted with a bevy of winter accoutrements and performance enhancements. The Polestar 2 Arctic Circle started life as a Polestar 2 Long Range dual-motor (AWD) with the performance package. Engineer

Just like the pilots in command of a highly automated aircraft, human operators must be onboard all passenger transport vehicles no matter their level of automation. Congress has a chance to affirm this safety standard as it debates an appropriate federal response to the rapid and hasty emergence