Transportation

Cazoo, the U.K. used-car sales portal that has been on a major fundraising tear in the last year, will be the next company to pursue more growth by way of a SPAC: The company today announced that it will list on the NYSE by way of a business combination with AJAX I, a special purpose acquisition ve

In October 2019, The New York Times reported that 1.5 million packages were delivered in New York City every single day. Though convenient for customers and profitable for the Amazons of the world, getting so many boxes from warehouse to customer generates considerable negative externalities for ci

Porsche has added its first all-electric vehicle, the Taycan sports sedan, to its subscription and short-term rental program as part of a broader expansion that aims to build a new customer base of U.S. owners. The German automaker said Thursday it is also expanding the Porsche Drive subscription a

Electric vehicle manufacturers are pushing back against a decision to delay penalty increases for automakers who fail to meet fuel efficiency standards. A lobbying group representing legacy automakers — many of whom are now making substantial investments in zero-emissions vehicles — said the in

Augmented and virtual reality have been used for years in gaming, design and shopping. Now, a new battle for market share is emerging — inside vehicles. Safety-glass windshields offer a new opportunity for suppliers, manufacturers and startups that are starting to adapt this technology: AR overla

In the trucking industry, “dwell and detention” times are the enemies of efficiency, profits and drivers. More than two billion hours are lost each year due to dwell — the time spent at a distribution yard or facility — and detention — the gap between when unloading or loading is

Lime is rolling out several new features, including the ability to rent electric scooters without downloading the app, in an effort to attract more riders.  The micromobility company announced Wednesday a series of product features designed to remove barriers to entry for new users, while increasi

TuSimple, the self-driving truck company that is backed by a diverse consortium of strategic investors, including Volkswagen AG's heavy-truck business The Traton Group, Navistar, Goodyear, and freight company U.S. Xpress, filed Tuesday for an initial public offering. TuSimple is taking the trad

QuantumScape has issued a share offering to pay for an expanded pilot production line for its solid-state batteries just months after it became a publicly traded company via a reverse merger. QuantumScape said in a regulatory filing that the net proceeds from its sale of 13 million shares — along

Chinese automaker Geely Automobile Holdings is launching a new brand of premium electric vehicles as it aims to capture a share of the luxury EV market that has been dominated by Tesla and other homegrown companies. The new brand of vehicles, called Zeekr, will be manufactured by parent company Zhe

BMW Group and California utility Pacific Gas & Electric are rolling out the next phase of a pilot that aims to test — and learn — how electric vehicles could support the integration of renewable energy on the electric grid. The ChargeForward program, now entering its third phase, is open to

Superpedestrian, the startup that makes e-scooters equipped with self-diagnostic software, is upgrading its product as it prepares for a major expansion into 10 new cities within the next two weeks. Superpedestrian is considered an up-and-coming player in the micromobility world because of how it h

Ford said Thursday that some Ford F-150 pickup trucks and Edge crossovers will be built without certain electronic modules due to a twofold punch of a global semiconductor shortage and a lack of parts caused by a winter storm. Ford said it will build and hold the vehicles for a number of weeks, the

Rivian, the EV startup backed by Amazon, Cox Automotive and T. Rowe Price, plans to install more than 10,000 chargers by the end of 2023. The network will have a dual purpose: quickly power its electric vehicle models with fast chargers installed along highways and provide Level 2 chargers at furth