What led to EV darling Proterra’s bankruptcy

Proterra, a company that develops battery systems for buses and other heavy duty EVs, filed for bankruptcy earlier this week, making it the latest in a string of failures in the EV sector. While some parallels can be drawn between Proterra and other failing or defunct EV companies, this company fac

California regulators to decide the future of Cruise and Waymo

The California Public Utilities Commission (CPUC) is scheduled Thursday to make a high-stakes vote that will determine the commercial future for autonomous vehicle technology companies Cruise and Waymo — not to mention any other AV company with aspirations to launch commercial robotaxi services i

The all-electric 2025 Cadillac Escalade IQ is loaded with tech and wrapped up in big ol' package

Like most manufacturers these days, Cadillac is looking to go all-electric in the next few years. By 2030, the company hopes to have its entire fleet run solely on electrons — no PHEVs or mild hybrids here, folks — and to do that, it needs something big to win the hearts and minds of its base.

Micromax eyes a steer into electric vehicles

Micromax Informatics once had a firm grip on the local mobile phone market in India, for a time passing stalwarts like Samsung, icons like Apple and many more to be the biggest handset maker of them all. But a mix of stronger (and cheaper) competition, the rapid pace of technology development and t

Lyft wants to kill surge pricing

Lyft has been cutting fares in order to secure more riders, and it’s working. But that success has come with a (literal) cost. The ride-hail company reported Tuesday during its second quarter 2023 earnings an increase in riders and decrease in revenue per active rider. That discrepancy was f

Lyft shares pop, then plop, as it predicts slow and steady growth

Lyft made less money per active rider in the second quarter — something that might normally give investors pause. Yet, the ride-hailing giant’s stock price initially rocketed nearly 14% in after-hours trading following its Q2 2023 earnings report. The stock then shed its after-hours gains s

Rivian beats on Q2 revenue, raises EV production guidance for 2023

Rivian gained positive momentum in the second-quarter and beat Wall Street expectations as the company ramped up EV sales, narrowed losses, reduced costs and shored up its supply chain. The company struck a confident tone in its second-quarter earnings, which was released after markets closed Tuesd

Cruise inches into Waymo's territory in the Phoenix area

Cruise, the self-driving subsidiary of General Motors, has expanded its robotaxi radius in the Phoenix area by 20x as it seeks to compete with Alphabet-owned Waymo in its home court. Cruise soft-launched its robotaxi service in Chandler, a city southeast of Phoenix, in December 2022. The expanded a

The Volvo EX30’s interior is the Ikea take on Tesla’s playbook

Comparisons will inevitably be drawn between the Tesla Model 3’s sparse interior and that of the new Volvo EX30. But Volvo’s electric crossover goes big on the minimalist, space-maximizing Scandinavian charm you’d find in an Ikea store, not just ruthless cost-cutting for its own s

GM’s Ultium-based EVs will be able to power your home by 2026

"1691507309.022459" tabindex="0" role="listitem" aria-setsize="-1" data-qa="virtual-list-item" data-item-key="1691507309.022459"> Owners of all-electric Chevrolets and other GM brands will soon be able to use their cars as backup generators to power their homes during an outage or during pe

A small and electric Land Rover Defender sounds likely for 2027

The Land Rover Defender might be getting an electric little brother. According to an Autocar report, a Jaguar-Land Rover (JLR) executive recently revealed some interesting details at an investor conference. This so-called baby Defender is said to use JLR’s Electric Modular Architecture (EMA)

Powered by electric vehicle growth, China overtakes Japan as biggest auto exporter

One might start noticing more Chinese cars in Western markets in recent times. In the first half of the year, China exported 2.34 million vehicles, according to customs data. The tally surpassed that of Japan, which finished H1 with 2.02 million cars exported. This is the first time China has overt

GM’s BrightDrop to expand commercial EV business to Mexico

BrightDrop, GM’s commercial EV delivery business unit, announced Monday plans to expand sales of its flagship electric vans to Mexico.  The first two products coming to Mexico are the BrightDrop Zevo 400 and BrightDrop Zevo 600, according to the company. GM didn’t give a precise date o

Lucid plans to start production of Gravity electric SUV in late 2024

Lucid said Monday it will reveal its long-awaited, all-electric Gravity SUV in November with production not kicking off until late 2024. The EV maker, which has experienced a drop in sales for its well-regarded but pricey luxury sedan, had originally planned to begin producing the Gravity at its fa