Rivian in talks with Amazon to remove exclusivity clause of EV van agreement
Rivian is in discussions with Amazon to dissolve the exclusivity piece of their commercial EV van deal, the WSJ reported this morning, citing unnamed sources.
If successful, Rivian would be free to sell its commercial all-electric vans to other customers. The talks are ongoing, according to the WSJ
Bird still has a long way to go to reach profitability
Shared micromobility company Bird reported a somewhat head-scratching fourth-quarter and full-year 2022 earnings Friday morning. At first glance, Bird’s earnings show a company that beat Wall Street revenue expectations and is promising free cash flow positivity by the end of this year. But a
Envisics raises $50M at a $500M valuation for its in-car holographic tech
The automotive industry is starting to show some signs of recovery after a big contraction during the COVID-19 pandemic, and carmakers planning for the next five years are looking at what new features might help them eek out more sales. Envisics — a U.K. startup that designs holographic in-c
Faraday Future on track to start production of FF 91 this month if funds come through
Faraday Future said Wednesday it plans to start production of its all-electric FF 91 Futurist SUV at the end of March after years of delay, lack of capital and internal drama that threatened the company’s existence.
Faraday Future had previously indicated that production would start in March,
Tesla under investigation after steering wheels fall off two Model Y vehicles
Federal safety regulators are looking into Tesla again — this time over concerns of steering wheels falling off 2023 Model Y vehicles.
The National Highway Traffic Safety Administration said Wednesday it received two complaints from owners of the 2023 Model Y that the steering wheel came off whil
Gatik’s Gautam Narang on the importance of knowing your customer
Gatik is something of an outlier in the autonomous vehicle space. Whereas most companies are either trying to scale robotaxis or commercialize long-haul self-driving with Class 8 trucks, Gatik is more focused on smaller box trucks and middle-mile logistics.
Gatik CEO and co-founder Gautam Narang sa
Meet UniUni, Shein’s last-mile solution delivered by gig drivers
When we talk about e-commerce logistics, we think of an industry controlled by entrenched players like Amazon, FedEx and national postal systems. At the start of the pandemic in 2019, a brave startup from Vancouver, British Columbia, decided to take on the incumbents with a new model — last-m
Another AV company hits the skids, Scout Motors picks a home and Tesla’s tepid investor day
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Tesla slashes prices for Model S and Model X in US
Tesla has cut the prices of its Model S sedan and Model X SUV in the U.S., according to the company’s website and first reported by Bloomberg. This is the second time this year that Tesla has slashed prices, and it might be a bid to boost sales before the end of the quarter.
The Model S all-w
Honda’s aging hydrogen fuel cells get new life in data center
Honda bailed on the Clarity — its only hydrogen-powered car in the U.S. — but the automaker hasn’t quit on fuel cells.
That’s the message Honda sent with a peculiar announcement today: It’s putting some old Clarity fuel cells back to work, combining them into a backup power sy
Embark Trucks lays off workers, explores liquidation of self-driving truck assets
Embark Trucks, the autonomous trucking company that went public in 2021 via a merger with a special purpose acquisition company, is cutting 70% of its workforce and shutting down two offices. And the pain may not be over as CEO Alex Rodrigues noted in an email to employees that the remaining 30% of
How Scout Motors plans to bring rugged, retro cred to the EV era
“We’re operating out of everywhere,” Scott Keogh said with a laugh in his first interview as CEO of Scout Motors, the American EV upstart spun out of VW Group.
While most established automotive players call the shots from sprawling, corporate palaces, Scout bases much of its opera
VW-backed Scout Motors to build $2B factory in South Carolina
Scout Motors, the VW Group spinoff taking aim at the U.S. market with rugged all-electric vehicles, is deepening its investment with plans to build a $2 billion factory capable of producing 200,000 EVs a year in South Carolina.
There are a growing number of reasons for Scout Motors to keep the bran
Universal Hydrogen takes to the air with the largest hydrogen fuel cell ever to fly
As a Universal Hydrogen-branded plane, equipped with the largest hydrogen fuel cell ever to power an aircraft, made its maiden test flight in eastern Washington, co-founder and CEO Paul Eremenko declared the moment the dawn of a “new golden age of aviation.”
The 15-minute test flight of