Waymo outsources fleet operations to African fintech Moove in Phoenix and, soon, Miami
Waymo is partnering with Moove, an African mobility fintech that offers vehicle financing to gig workers, to handle fleet management operations for its robotaxi service in Phoenix and, soon, Miami.
The partnership marks several firsts. It will signal Waymo's entry into Miami. And it’s
Judge confirms decision to sink Elon Musk’s $56B pay package despite Tesla shareholder vote
Delaware Chancery court judge Kathaleen McCormick has denied Tesla’s request to revise her decision to strike down CEO Elon Musk’s $56 billion pay package — despite shareholders voting at the company’s annual meeting this year to “re-ratify” the deal.
Her decision,
GM offloads its stake in EV battery factory to joint venture partner LGES
General Motors is selling its stake in the nearly completed Ultium Cells battery cell plant in Lansing, Michigan, to its joint venture partner LG Energy Solution (LGES). GM's step back from the factory comes amid weakening electric vehicle demand and the potential rollback of Biden administrati
Tesla appears to be building a teleoperations team for its robotaxi service
As Tesla gears up to launch a robotaxi service in the coming years, the automaker looks like it’s building out a teleoperations team. According to a recent job listing, Tesla is hiring a software engineer to help develop a teleoperations system that will allow human operators to remotely acce
Say bye to free-form e-bike parking in London following new rules to reduce bike mess on streets
London is putting the brakes on the mess of electric bikes that litter the streets of the city. Today, the local transportation authority, Transport for London (TfL), announced a new enforcement policy that will restrict parking for the tens of thousands of e-bikes rented on-demand from companies l
EV charging platform Ampeco raise $26M Series B, as demand for charging soars
We last covered EV charging platform Ampeco in 2023 when it raised a Series A round of $13 million. Today it's raised $26 million in a Series B funding led by Revaia, a growth equity investment fund. That takes its total funding to $42 million.
Many EV charging systems are end-to-end sol
Rivian snags $6.6B conditional federal loan to build Georgia factory
Rivian said late Monday it has secured conditional commitment for a $6.6 billion loan from the Department of Energy, funds that will help the EV maker restart construction of a massive factory in Georgia.
The funds will come from DOE's Loan Programs Office Advanced Technology Vehicle Manufact
Trump's tariff threats don't scare this Mexican fintech
Mexico's economic development — turbocharged by the amount of nearshoring in recent years — has made it fertile ground for startups. But the trend is under threat if President-elect Donald Trump follows through with his idea of taking a harder line on trade with Mexico.
Jaime Tabachnik,
Cruise fesses up, Pony AI raises its IPO ambitions, and the TuSimple drama dials back up
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President-elect Trump has wasted little time picking cabinet members, including naming former Wisconsin Rep. Sean Duffy as the n
Hyundai reveals the Ioniq 9, its biggest EV to date
Hyundai revealed Wednesday the new Ioniq 9, an all-electric three-row SUV — and its largest EV to date — based on the Seven concept that we saw in 2021. (Look, nobody said car-naming protocol had to make sense.)
The SUV, which made its debut at the Los Angeles Auto Show and will come to the U.
Mitsubishi backs Ample’s radical approach to charging EV batteries
Startup Ample is on a mission to convert commercial fleets into believers in the power of electric vehicle battery swapping technology.
The company has spent the last three years piloting its electric vehicle battery swapping technology in San Francisco, Madrid, and Japan. Now, Ample i
Former TuSimple co-founder urges courts to block asset transfer to China
Xiaodi Hou, the co-founder and former CEO of self-driving trucking startup TuSimple, has urged a California district court to issue a temporary restraining order to stop the company from transferring its remaining U.S. assets to China, according to a recent court filing.
Hou, who plans to apply fo
GM’s Cruise to pay $500,000 fine to DOJ, admits submitting false report
Cruise, the autonomous vehicle unit of General Motors, has admitted to submitting a false report with the goal of influencing a federal investigation into a safety incident last year. In penance, the company will pay a $500,000 criminal fine as part of a deferred prosecution agreement, per the Depa
The $7,500 EV tax credit is on Trump’s chopping block
Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act (IRA). Now, it seems President-elect Donald Trump’s transition team has made that a priority with plans to end the tax credit as part of broader tax reform legislation, R