Transportation

After a few years of funding frenzy, autonomous driving companies in China are experiencing a slowdown in investment. Some companies are still hauling in capital, though the era of bankrolling several hundred million dollars in a single round has mostly passed. Haomo.ai, an autonomous driving start

Lucid Motors plans to build just 9,000 electric vehicles in 2024, only 500 to 1,000 more than it made in 2023, as it struggles with demand for its luxury sedans. If it sticks to that number, that means Lucid will wind up building around 10% of the 90,000 EVs it predicted it could make and sell in 2

Rivian is laying off 10% of its salaried workforce in a bid to cut costs in an increasingly tough market for electric vehicles, putting even more pressure on its future, more affordable EV called the R2. A limited number of non-manufacturing hourly employees will also be cut, founder and CEO RJ Sca

Waymo’s application to expand its robotaxi service in Los Angeles and San Mateo counties has been suspended for 120 days by the California Public Utilities Commission's Consumer Protection and Enforcement Division (CPED). The decision doesn’t change Waymo’s ability to commerci

Mapping startup Hivemapper will launch a new dashcam later this year that its co-founder believes will speed up efforts to claw market share away from Google. The new Hivemapper Bee camera, revealed Wednesday, is part of the company’s years-long push to decentralize mapping and make map data

Uber, along with partners Mitsubishi Electric and autonomous robotics startup Cartken, are launching a service in Japan that will use self-driving sidewalk robots to deliver food to customers. The companies announced that the service offered through the Uber Eats app will launch in a select part o

The future of bankrupt electric motorbike startup Cake is still uncertain, but the majority of its U.S. inventory is going to a guy in Florida. Michael Joyce, who runs a retail shop in St. Petersburg called Emoto, tells technewss that he bought all of the Cake Makka and Ösa motorbikes that had be

Ford is cutting prices of its all-electric 2023 Mustang Mach-E by has much as $8,100 as the automaker attempts to rid itself of inventory and compete with Tesla and its increasingly cheaper EVs. Total market share of new EV sales has grown, reaching nearly 8% in U.S. in 2023. But as market share h

Uber has quietly started testing a feature that lets gig workers pick up prepaid items from local stores and deliver them to customers in India. Called “Store Pickup,” the feature debuted in select U.S. cities in December and is now expanded to Delhi-NCR, technewss has exclusively lear

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The San Francisco Giants said goodbye this week to a uniform patch that advertised Cruise and its robotaxis — the latest fallout for the GM self-driving subsidiary and its controversial presence in the city. The marketing partnership, which was announced in August 2023, will continue, but with an

Struggling EV startup Faraday Future owes the landlord of its Los Angeles headquarters nearly $1 million after missing the last two months’ rent, technewss has learned. The landlord, Rexford Industrial, filed a previously unreported lawsuit against Faraday Future this week in Los Angeles Sup

The National Highway Traffic Safety Administration has opened a second investigation into EV startup Fisker’s Ocean SUV, after the agency received four complaints about the vehicle rolling away unexpectedly, including one injury. The company tells technewss it is “fully cooperating

Lucid Motors is lopping thousands of dollars off the price of its most affordable electric sedans as it looks to boost demand after a disappointing year of sales. The rear-wheel drive version of the base model Lucid Air Pure will now start a $69,900, down from the previous price of $77,400. The mor