Transportation

Fisker, the electric carmaker founded by the Danish auto designer Henrik Fisker, is gearing up to enter the Chinese market where competition is increasingly cut-throat, following in the footsteps of another brave American player Lucid. Fisker plans to open a delivery center in China this year and

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Nikola Corp. is laying off 270 employees, or about 23% of its workforce, and restricting its electric truck efforts to North America as it seeks to preserve cash. The company said Friday it will lay off 150 workers who were supporting the company’s European programs. Another 120 employees bas

Seoul-based ride-hailing platform Tada, operated by Korean ride-sharing company Socar’s subsidiary VCNC, plans to let go of a portion of the company’s employees as part of a restructuring as it works to reduce costs, the company confirmed to technewss.  Tada has not yet said how many

Logan Green, the co-founder and former CEO of ride-haing platform Lyft, wl remain on the company’s board despite opposition from some shareholders, according to preliminary results from the company’s annual shareholder meeting Thursday. The SOC Investment Group, an organization that say

Mercedes owners in the U.S. will soon add a new luxury to their already luxurious vehicles: ChatGPT. The automaker is adding OpenAI’s conversational AI agent to its MBUX infotainment system, though what it could possibly be needed for is hard to say. U.S. owners of models that use MBUX will b

Kenyan automotive marketplace Peach Cars is announcing its $5 million seed round led by Japan-based The University of Tokyo Edge Capital Partners (UTEC) and other angel investors, including Shintaro Yamada (founder and CEO of Mercari), Peter Kenevan (VP, Head of Japan at PayPal), and Hiroaki Ohta (

A Chinese electric vehicle brand that’s rarely spotted in the U.S. is quickly catching up to Tesla’s dominance of the global EV market. BYD, which started in Shenzhen 28 years ago, delivered 547,917 passenger EVs, including hybrids, a category it’s known for, in the first quarter

BrightDrop, the electric delivery van subsidiary of General Motors, has made its first delivery outside of the U.S. The company delivered 50 BrightDrop Zevo 600 electric vans to FedEx Express Canada on Wednesday, part of a larger order of 2,500 Zevo EVs. The introduction of BrightDrop’s vans

TrueCar, a platform where people can research new and used car prices and find local dealer savings, is laying off 24% of staff due to a restructure, the company said Wednesday. About 102 people will be impacted by the layoff. President and CEO Michael Darrow is stepping aside both from his executi

Fernride has figured out a way to launch a commercially viable autonomous, electric truck business today. The secret? Not driving on public roads. Most AV trucking companies are going after the moonshot: Using self-driving freight trucks — typically 18-wheelers — to haul goods over long distanc

It's no secret that the charging infrastructure for electric vehicles generally sucks. There are exceptions, of course: Tesla has it pretty well figured out, and some highly trafficked corridors are well covered. But overall, the state of fast charging, which can replenish usable amounts of ran

When you send a rocket into space, you run into a paradox: Around 90% of the weight of the rocket is the fuel that it needs to lift away from Earth. As the rocket accelerates, three things happen: The speed increases, the rocket gets farther away from Earth (and from the gravitational pull of the p

Uber has led a $20 million round into Everest Fleet, a Mumbai-based fleet management company that boasts over 10,000 vehicles running on rideshare platforms Uber and Ola throughout India. The company will use the funds to accelerate its transition to electric vehicles, with a goal of having 10,000