Cake launches the Makka, a $3,500 electric moped for city riding

Swedish electric motorcycle manufacturer Cake has released its newest vehicle, the Makka, a super lightweight e-moped that’s built for urban convenience. The bike starts at $3,500 and is now available for preorder in the U.S. and Europe. The Makka is a step outside the norm for Cake, which i

Yandex buys out Uber’s stake in Yandex Self-Driving Group, Eats, Lavka and Delivery for $1B

Russian internet and ride-hail giant Yandex has acquired Uber’s stake in its Self-Driving Group (SDG), as well as Uber’s indirect interest in Yandex.Eats, Yandex.Lavka and Yandex.Delivery. The total cost of the deal came to $1 billion, giving the Russian company 100% ownership over all

EV charging solutions will become an asset, not a liability, to the grid

President Joe Biden’s plan for electric vehicles (EVs) to comprise roughly half of U.S. sales by 2030 is a clear indication that the U.S. is making strides in decarbonizing its transportation systems, which currently account for nearly half of total U.S. emissions. Though this kind of federal

Motional reveals its Hyundai Ioniq 5 electric robotaxi

Motional revealed Tuesday the first images of its planned robotaxi, a Hyundai all-electric Ioniq 5 SUV that will be the centerpiece of a driverless ride-hailing service the company wants customers to be able to access starting in 2023 through the Lyft app. The purpose-built vehicle, which will be a

Elon Musk’s Loop gets Autopilot — and an intruder

Less than two weeks after its official launch, The Boring Company’s Loop system in Las Vegas had its first security breach. On June 21, the morning of the final day of the International Beauty Show, an “unauthorized vehicle” joined the system’s fleet of Tesla taxis undergrou

The Station: Rivian makes its IPO move, Nuro pushes into Nevada and Waymo scales up in SF

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

Ola Electric in talks to raise at over $2.75 billion valuation

Ola Electric is in advanced talks to raise between $250 million to $500 million in a new financing round as the Indian firm looks to scale its electric vehicle manufacturing business in the South Asian market, according to two sources familiar with the matter. Falcon Edge Capital is in advanced tal

China roundup: Beijing takes aim at algorithms, Xiaomi automates electric cars

"">Hello and welcome back to technewss's China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The biggest news of the week again comes from Beijing’s ongoing effort to dampen the influence of the country’

Tesla wants to sell electricity in Texas

Elon Musk's Tesla is looking beyond electric vehicles, solar panels and energy storage and wants to now supply electricity directly to customers, according to an application filed with Texas electricity regulators earlier this month. Energy Choice Matters first reported on the application. The

Electric vehicle company Rivian has confidentially filed for an IPO

Rivian, the electric vehicle startup backed by a host of institutional and strategic investors including Ford and Amazon, has confidentially filed paperwork with the U.S. Securities and Exchange Commission to go public. The size and price range for the proposed offering have yet to be determined. T

YC grad Buoyant wants to solve middle-mile delivery with cargo airships

A number of companies have emerged in recent years aiming to resurrect the airship, an early technology that was abandoned in favor of airplanes and helicopters. Flying Whales in France, Hybrid Air Vehicles in the U.K., Lockheed Martin and billionaire Sergey Brin all have airship projects in develo

Lordstown Motors taps former Icahn exec as CEO to put its EV truck ambitions back on track

Lordstown Motors has hired Daniel A. Ninivaggi, a longtime automotive executive and former head of Carl C. Icahn’s holding company, as CEO and a board member. The appointment follows months of tumult at Lordstown, which became publicly traded via a merger with a special purpose acquisition co

Musk admits Full Self-Driving system ‘not great,’ blames a single stack for highway and city streets

It hasn’t even been a week since Tesla hosted its AI Day, a livestreamed event full of technical jargon meant to snare the choicest of AI and vision engineers to come work for Tesla and help the company achieve autonomous greatness, and already CEO Elon Musk is coming in with some hot takes a

HyPoint and Piasecki reach $6.5M deal to develop hydrogen fuel cells systems for eVTOLs

A quick survey of many of the most highly valued electric vertical take-off and landing companies shows one thing in common: All of them are developing aircraft powered by batteries. But a growing suite of aviation companies, turned off by what they see as the energy density limitations of lithium-