The 2024 Hyundai Kona will be one of the most affordable cars with over-the-air updates

It’s no secret that Hyundai’s design department is kind of the one to beat right now. But when the redesigned 2024 Hyundai Kona goes on sale this summer, this compact crossover’s upgrades will be more than just skin deep. The 2024 Hyundai Kona will also feature over-the-air update

Kia aims to reach $122B gross revenue by 2030

A year after Kia unveiled its roadmap to sustainable mobility by 2030, the Hyundai-owned brand has upped the ante. At the company’s 2023 CEO Investor Day on Wednesday, Kia’s leadership said the company aims to reach KRW 160 trillion ($122 billion) in gross revenue by 2030. The financial

Morgan Stanley, BP Ventures back Indian e-mobility startup Magenta

Indian electric mobility startup Magenta Mobility has closed a $22 million Series A1 round, comprising $11 million each from Morgan Stanley India Infrastructure and BP Ventures. Magenta will use the all-equity investment to boost its existing logistics and last-mile delivery fleet operations. The N

Niu's latest scooter falls short on built-for-the-city promise

The Niu Technologies KQi3 Max has the kind of specs that should make it the ideal scooter for urban dwellers — especially those who live in hilly terrain. The 46.5-pound scooter has enough power to whisk riders through city streets at speeds of up to 20 miles per hour, handle steep hills and take

VW and Redwood want to turn your old laptops into EV batteries

Battery materials and recycling startup Redwood Materials is expanding a partnership with Volkswagen of America in its bid to collect more end-of-life batteries from consumer electronics and strip out the valuable materials so they can be used to make batteries for electric vehicles. Redwood has sa

Shuttlers raises $4M to fuel its shared mobility solution across Nigeria

Shuttlers, a Nigerian shared mobility company that allows individual and corporate passengers to take rides on multiple bus routes via an app, has raised $4 million in a new funding round led by Verod-Kepple Africa Ventures (VKAV), a Pan-African focused venture capital firm. The round welcomed part

Black former Tesla worker payout for racial bias slashed from $15M to $3.2M

Owen Diaz, the Black former elevator operator at Tesla’s Fremont factory, has seen his payout in a racial bias lawsuit slashed from $15 million to $3.2 million. Monday’s verdict from a federal jury in San Francisco came after a week-long trial, in which Tesla was once again found to hav

First drive: The 2023 Hyundai Ioniq 6 is a swoopy EV sedan that stands out in an SUV crowd

In a world where nearly every automaker is pushing bigger, heavier, battery-electric SUVs and crossovers that all look the same, Hyundai is bucking the trend with its brand new, swoopy, tech-forward 2023 Hyundai Ioniq 6 sedan. The stakes are high for the Hyundai Ioniq 6. Hyundai has cast the sedan

Rivian sticks to 2023 production goal for EVs despite quarterly dip

EV automaker Rivian said Monday it produced 9,395 vehicles at its factory in Normal, Illinois in the first quarter, lower than the previous period but still on track to hit its 50,000 production goal for the year. Rivian said it delivered 7,946 of those vehicles in the first quarter. Rivian’s

BrightDrop signs Ryder as customer, starts first Zevo 600 deliveries

BrightDrop, the electric delivery van subsidiary of General Motors, has signed on supply chain logistics company Ryder as a new customer. Ryder plans to add 4,000 BrightDrop EVs to their rental and lease fleet through 2025. The nabbing of yet another big commercial customer comes as BrightDrop demo

Paris votes overwhelmingly to ban shared e-scooters

In a major blow to shared micromobility companies Lime, Dott and Tier, Paris has voted to ban rental e-scooters from its streets. Many in the industry fear the move in Paris, where free-floating scooters initially took off in 2018, will have ripple effects in other cities. Paris has been one of the

Tesla Q1 deliveries beat expectations as China helps boost sales

Tesla said Sunday it delivered 422,875 electric vehicles in the first quarter of 2023, just beating Wall Street estimates of around 420,000 units. The company produced 440,808 vehicles in the same period. The delivery and production numbers are record results for the EV maker. In the fourth quarter

Lyft hails new leadership, layoffs come for Lucid, and Waymo retires its self-driving minivan

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Helbiz stock tumbles on reverse split, rebrand to Micromobility.com

UPDATE: The domain for Micromobility.com was purchased from Bolt, the scooter sharing company that disappeared without a trace last year. Additionally, Helbiz’s rebrand is not affiliated with Micromobility Industries.  Shared micromobility company Helbiz said it will do a reverse stock split