Transportation

Venture firm Maniv has grown by nearly every measure since it launched eight years ago in Israel — from its investor base and 40-startup portfolio to its geographic focus, footprint and fund size. But even with a freshly closed $140 million fund in its coffers and a new office in New York City, f

The National Highway Traffic Safety Administration has opened a third investigation into EV startup Fisker’s Ocean SUV, this time centered on problems getting the doors to open. The NHTSA’s Office of Defects Investigation (ODI) says in a new notice that it has received 14 complaints fr

Lithium-ion batteries have transformed the global economy, making possible everything from smartphones and laptops to electric vehicles, e-bikes, and more. But while costs have dropped precipitously in the last decade or so, they're still too expensive to electrify all the ways humans need to s

Rivian has a challenging year ahead — and the first quarter is off to a tepid start. The EV startup announced Tuesday that it built 13,980 vehicles and delivered 13,588 of them in the first quarter of 2024. Both of those figures are down from the fourth quarter of 2023, where it built 17,541 and

Tesla just turned in one of its more disappointing first quarters for deliveries in a while, and the company is putting some of the blame on an arson attack at its factory in Germany and shipping disruptions caused by Houthi attacks in the Red Sea. Tesla said Tuesday that it delivered 386,810 vehic

Tucked inside Canoo’s 2023 earnings report is a nugget regarding the use of CEO Tony Aquila’s private jet — just one of many expenses that illustrates the gap between spending and revenue at the EV startup. Canoo posted Monday its fourth-quarter and full-year earnings for 2023 in a re

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Fisker temporarily lost track of millions of dollars in customer payments as it scaled up deliveries, leading to an internal audit that started in December and took months to complete, technewss has learned. The EV startup was ultimately able to track down a majority of those payments or request

Tesla is about to start giving every customer in the U.S. a one-month trial of its $12,000 driver-assistance system, which it calls Full Self-Driving Beta, provided they have a car with the compatible hardware. The company is also reportedly mandating, at CEO Elon Musk’s request, that prospec

Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing equipment to Canoo, another struggling startup trying to build and sell electric vehicles. The acquisition, which was touted as a cost-saving measure that will reduce capital expenditures by 20%, c

The New York Stock Exchange said Monday it will immediately suspend trading shares of EV startup Fisker and is moving to take the company off its stock exchange. The exchange said Monday that Fisker’s stock is “no longer suitable for listing” because of “abnormally low̶

Lucid Motors is raising another $1 billion from its biggest financial backer, Saudi Arabia, as it looks to blunt the high costs associated with building and selling its luxury electric sedan. The company announced in a Monday morning regulatory filing that Ayar Third Investment, an affiliate of Sau

The negotiations between Fisker and a large automaker — reported to be Nissan — over a potential investment and collaboration have been terminated, a development that puts a separate near-term rescue funding effort in danger. Fisker revealed in a Monday morning regulatory filing that t

Steve Burns, the ousted founder, chairman and CEO of bankrupt EV startup Lordstown Motors, has settled with the U.S. Securities and Exchange Commission over misleading investors about demand for the company’s flagship all-electric Endurance pickup truck. Burns was ordered to pay a civil fine