Transportation

It’s a long way from pedal bikes to Formula 1. But that’s precisely the quantum leap that AI-based startup Neural Concept and its co-founder and CEO, Pierre Baqué, made in just six years. In 2018, the company’s fledgling software helped develop the world’s most aerodynamic

Tesla has slashed the price of its Full Self-Driving (FSD) software subscription to $99 per month, down from $199 per month, as the electric vehicle maker aims to boost adoption of its advanced driver assistance system ahead of first-quarter earnings. The price cut comes a couple of weeks after Tes

The driver of a Mustang Mach-E who crashed into a stationary car in Texas in February was using Ford’s hands-free driver-assistance system, BlueCruise, according to data obtained by the National Transportation Safety Board (NTSB). It’s the first known fatality resulting from a crash inv

Sanctuary AI announced that it will be delivering its humanoid robot to a Magna manufacturing facility. Based in Canada, with auto manufacturing facilities in Austria, Magna manufactures and assembles cars for a number of Europe's top automakers, including Mercedes, Jaguar and BMW. As is often

Two internal whistleblowers at Faraday Future claim the troubled EV company has been lying about some of the few sales it has announced to date. They also claim founder Jia Yueting has “weaponized” the EV startup’s HR department to retaliate against anyone who speaks up about thes

Elon Musk's decision to green-light a robotaxi over an affordable EV might cost the company its lead. Last week, Musk reportedly canned the effort in favor of a robotaxi, the sort of pie-in-the-sky project that defined his first decade at the helm. There's an argument to be made that the c

Lucid Motors delivered more EVs in the first quarter of 2024 than it has in any other quarter, though it set the record by a very slim margin. The Saudi-backed, California-based electric vehicle company said Tuesday morning that it shipped 1,967 luxury sedans in the quarter. That’s just a few

Indian ride-hailing giant Ola is shutting down its operations in the U.K., Australia and New Zealand, six years after expanding to international markets, as it shifts focus to shoring up its domestic business ahead of an initial public offering. An Ola spokesperson told technewss that the SoftBank

Just hours after Elon Musk claimed Reuters was “lying” about Tesla’s plans to ditch its $25,000 low-cost EV and instead focus all its efforts on a robotaxi, the Tesla CEO announced on X that he would reveal said robotaxi in an event on August 8. The announcement comes as Tesla EV

Tesla is reportedly abandoning its plan to build a lower-cost EV, thought to be priced around $25,000, according to Reuters, despite that vehicle’s status as a pivotal product for the company’s overall growth. The company will instead focus its efforts on a planned robotaxi that is bein

Apple is laying off 614 employees in California after abandoning its electric car project. According to the WARN notice posted by the California Employment Development Department, Apple notified the affected employees on March 28 and the changes will go into effect on May 27. Affected employees wor

Tesla is dropping prices of unsold Model Y SUVs in the U.S. by thousands of dollars in an attempt to clear out an unprecedented backlog of inventory. Many long-range and performance Model Ys are now selling for $5,000 less than their original price, while rear-wheel drive versions are seeing even b

Ford announced Thursday that it's delaying the production of two electric vehicles, a next-generation EV pickup and a three-row EV SUV. The pair are now slated to arrive in 2026 and 2027, delays of one and two years respectively. In their place, the automaker will be introducing hybrids across

Ghost Autonomy, a startup working on autonomous driving software for automaker partners, has shut down, technewss has learned. The startup, which had raised nearly $220 million, posted a note on its website that it ended worldwide operations and wound down the company as of Wednesday. The company