An all-electric Range Rover is coming in 2024

Land Rover plans to add an all-electric Range Rover to its lineup in 2024, the brand said Tuesday. The announcement was made alongside its reveal of the 2022 Range Rover, the redesigned fifth generation of its luxury SUV that is loaded with tech, features an electrical architecture to support over-

GM will work with dealers to install 40,000 EV charging stations across North America

General Motors said it will install up to 40,000 electric vehicle chargers across North America as part of an ambitious plan to pour nearly $750 million into charging infrastructure that will help attract drivers to its electrified models. Under the program, GM will supply the charging equipment to

TLcom and 4DX drive $13.1M seed round to scale Autochek’s platform across Africa

African automotive company Autochek has secured a $13.1 million seed round almost a year after raising $3.4 million pre-seed in November 2020. The company, led by CEO Etop Ikpe, has seen astonishing growth in demand since launching in August last year, not just from a consumer perspective but also

Tesla surpasses $1 trillion market value

Tesla’s market valuation hit and then surpassed the $1 trillion mark Monday, a milestone reached by the company 11 years after it became a publicly traded company. It also puts Tesla in select company with Apple, Amazon, Facebook and Google, all of which have market caps above $1 trillion. Te

NTSB chair calls on Elon Musk to change design of Tesla Autopilot

National Transportation Safety Board Chairwoman Jennifer Homendy has called on Tesla to change the design of its advanced driver assistance system to ensure it cannot be misused by drivers, according to a letter sent to the company’s CEO Elon Musk. The letter, which technewss has viewed, exp

Tesla, Hertz shares rise following order for 100,000 EVs

Car rental giant Hertz has placed an order for 100,000 Tesla vehicles to be delivered by the end of 2022 in the largest single purchase of EVs ever. The deal, which will push the car rental giant’s EV offerings to 20% of its global fleet, is reportedly worth $4.2 billion, according to sources

Elon Musk rolls back newest ‘Full Self-Driving’ beta due to software issues

Tesla CEO Elon Musk tweeted that the company has temporarily pulled back the latest version of the company’s Full Self-Driving (FSD) beta software less than a day after its release. “Seeing some issues with 10.3, so rolling back to 10.2 temporarily,” Musk tweeted on Sunday. ̶

Bolt Mobility launches in-app navigation for shared e-scooters

"speakable-summary" dir="ltr">Bolt Mobility, a micromobility company co-founded by Olympic sprinter Usain Bolt, has launched an in-app navigation system for its e-scooters dubbed “MobilityOS.” To make this feature easy to use, Bolt’s next generation of scooters, the “Bolt Two

Moves wants to reward gig workers with shares in Uber, Lyft, DoorDash, Grubhub

"speakable-summary" dir="ltr">Moves, a Toronto-based gig economy fintech startup, wants to reward gig workers with stocks from the companies for which they drive. The first version of the Moves Collective, as the startup’s new service is called, launches on Thursday with Uber stocks available

Elon Musk’s Boring Company gets initial OK to expand Loop under Las Vegas Strip

Elon Musk’s Boring Company received Wednesday the initial approval required to build a transportation system that would shuttle passengers in Tesla vehicles via a network of tunnels under Las Vegas. The approval by Clark County officials of a special use permit and franchise agreement would a

Tesla will only use iron-based batteries for standard model EVs

Tesla said Wednesday it will use iron-based batteries for its standard Model 3 and Model Y models across global markets. The update, provided in the company’s third-quarter earnings report, confirmed hints that Tesla CEO Elon Musk has been dropping for months about the cheaper battery chemist

Tesla charges forward with a record quarterly profit of $1.6 billion

Tesla continued its profitability streak, reporting Wednesday net income of $1.62 billion in the third quarter, a nearly fivefold increase from the $331 million it earned in the same period last year. The record-setting profit came thanks to record sales and despite a global chip shortage and suppl

Buttigieg defends safety agency appointment after Musk claims ‘bias’

Elon Musk voiced concerns on Twitter over the recent appointment of Missy Cummings to a key advisory role at the country's top traffic authority, but U.S. Transportation Secretary Pete Buttigieg suggested the Tesla CEO speak to him directly about any concerns instead. “He’s welcome

Walgreens will deploy Wing drone deliveries in the Dallas-Fort Worth area

Alphabet today announced that Walgreens is partnering with Wing to bring drone-based deliveries to a portion of Texas's Dallas-Forth Worth region. The drugstore giant will be the first to take advantage of a new rapid drone deployment system being unveiled by the Alphabet subsidy. In the lead u