Transportation

Faraday Future is revamping its board, cutting the pay of two top executives and suspending at least one other, following an internal investigation that determined employees made inaccurate statements to investors and that its “corporate culture failed to sufficiently prioritize compliance,&#

General Motors said it has secured more than 110,000 reservations for its new all-electric Chevrolet Silverado, which includes reservations from more than 240 fleet operators, Chair and CEO Mary Barra said in the company’s full-year and fourth quarter earnings letter to shareholders. The fres

Cruise is opening up its driverless robotaxi service to the public in San Francisco as the GM subsidiary creeps toward commercialization with a fresh $1.35 billion investment from SoftBank Vision Fund. SoftBank had previously committed to investing an additional $1.35 billion, on top of its initial

Tesla is issuing an over-the-air update to recall a “Full Self-Driving” (FSD) beta feature that allowed cars to roll through stop signs, ABC News has reported. The function first appeared in FSD 10.3 with the addition of the so-called Assertive profile. It allows vehicles to illegally r

Shared e-scooter company Superpedestrian is gearing up to deploy its Pedestrian Defense safety system at scale, a feature that allows the company’s e-scooters to detect and correct in real-time unsafe riding behaviors, like riding on sidewalks or the wrong way down a one-way street. Superpede

Urban mobility startup Dott has raised an extension to its Series B round. Originally announced in the spring of 2021, the company raised an $85 million Series B round — it was a mix of equity and asset-backed debt financing. And today, the company is adding another $70 million to this round —o

Waymo had a small win Monday in its fight to keep certain details about its autonomous vehicle operations from public view. The Alphabet-owned company filed a lawsuit last week against the California Department of Motor Vehicles to keep some information from its autonomous vehicle deployment permit

The buzz about 19-year-old Tesla hacker David Colombo is well deserved. A flaw in third-party software allowed him to remotely access 25 of the world's leading EV manufacturer's vehicles across 13 countries. The hacker shared that he was able to remotely unlock the doors, open the windows,

The Renault Nissan Mitsubishi Alliance has announced plans to spend $25.8 billion (€23 billion) with the aim of having 35 EVs by 2030. As part of that, the group will develop five new platforms shared across brands with 80 percent common usage as part of a “smart differentiation” stra

Lamborghini is dipping its supercar toe into the non-fungible token pool. But unlike the primate-based computer-designed Twitter avatars that have come to represent the NFT community, the automaker is bridging the physical and digital world for its crypto offering. Well, off-world to be exact.

The pandemic spurred a boom in electric bikes and other alternative urban transportation modes as city dwellers looked for less-crowded ways to get around their streets quickly and easily without resorting to cars. Now, one of the companies that benefitted from that trend is announcing a big round

U.S. electric vehicle company Tesla reported its fourth-quarter and calendar-year 2021 results this afternoon. In the final three months of 2021, Tesla generated $17.72 billion in revenue, $16.0 billion of which came from its vehicle business. From that total, Tesla’s Q4 saw net income of $2.

Transporation startup Boom is one step closer to bringing back supersonic passenger flight. On Wednesday, the company announced plans to build a manufacturing facility at Piedmont Triad International Airport in North Carolina. Once complete, “The Overture Superfactory” will employ appro

Kia’s EV6, which shares a platform, battery, motors and more with Hyundai’s Ioniq 5, will start at $42,115 including the $1,215 destination charge, the company announced. That sum will get you the base “Light” rear-wheel drive (RWD) model with a 167-horsepower motor and 58-k