Maven, the car-sharing service owned by General Motors, is ending operations in several major North American cities. According to The Wall Street Journal, the mobility brand will wind down service in eight of the 17 cities in which it operates, including Boston, Chicago, and New York City. Maven will continue to operate in Detroit, Los… Continue reading GM’s car-sharing service is pulling out of eight cities, including Chicago and NYC
Author: The Verge Online News
Musk says Tesla will be out of money in 10 months without ‘hardcore’ changes
Elon Musk told Tesla employees the company will run out of cash in about 10 months unless “hardcore” cost-cutting efforts are made, according to an all-staff email obtained by Reuters and Electrek. The cost-cutting measures are necessary despite the fact that Tesla just raised $2.7 billion earlier this month, Musk said in the email. Musk… Continue reading Musk says Tesla will be out of money in 10 months without ‘hardcore’ changes
Electric air taxi startup Lilium completes first test of its new five-seater aircraft
German air taxi startup Lilium announced the first test of its full-scale, all-electric five-seater aircraft. It was the latest in a series of successful tests for the nascent electric flight industry, which aims to have “flying cars” whizzing above cities within the next decade. In a video provided by the Munich-based company, Lilium’s unpiloted aircraft… Continue reading Electric air taxi startup Lilium completes first test of its new five-seater aircraft
Volvo’s Polestar 2 with Android Automotive is how all car software should be designed
The native Android Auto saga has a long and winding road, but we’re finally approaching the finish line. Google’s custom-built software for automobiles, now called Android Automotive OS and not to be confused with standard Android Auto mirrored from your smartphone, was first announced a couple of years back as a kind of compromise with… Continue reading Volvo’s Polestar 2 with Android Automotive is how all car software should be designed
GM is trying to sell a closed factory to troubled EV startup Workhorse
General Motors is in talks to sell one of the North American factories it recently closed. The potential buyer? Workhorse Group, an Ohio-based EV startup that has spent the last few years struggling to bring an all-electric pickup truck to market. The deal was prematurely announced by President Donald Trump in a tweet Wednesday morning.… Continue reading GM is trying to sell a closed factory to troubled EV startup Workhorse
Bird has a new electric scooter: it’s durable, comes in three different colors, and you can buy it
Bird unveiled its next-generation electric scooter on Wednesday that it says will be more durable, powerful, and longer-lasting than previous versions. Dubbed Bird One, this custom e-scooter will also have a longer lifespan than past scooters — a key indicator if Bird ever hopes to become a profitable company. In a new twist, Bird will… Continue reading Bird has a new electric scooter: it’s durable, comes in three different colors, and you can buy it
NIO has laid off 70 employees and closed an office in Silicon Valley
Chinese EV startup NIO has laid off 70 employees across two Silicon Valley offices, one of which is now closed, according to a filing with California’s Employment Development Department. The cuts started in early April, shortly after the startup announced it was laying off 3 percent of its workforce in China. Twenty employees were let… Continue reading NIO has laid off 70 employees and closed an office in Silicon Valley
Faraday Future is working with ‘a bankruptcy legend’ to stave off collapse
Beleaguered electric vehicle startup Faraday Future is restructuring in order to survive. The company announced a new deal on Monday that could chart a path forward. The startup has been without a main financial backer for months, is unable to bring back hundreds of employees still on unpaid leave, and recently sold its own headquarters… Continue reading Faraday Future is working with ‘a bankruptcy legend’ to stave off collapse
GM working on major upgrades to Super Cruise before kicking off 2020 rollout
You’ve probably heard of Autopilot, Tesla’s buzz-worthy advanced driver assist system that combines adaptive cruise control, forward collision warnings, and lane-keep assistance. Less well-known is Super Cruise, the highly automated system developed by Cadillac that is really about as close to autonomous driving as anyone can get today. It’s less well-known because, since its debut… Continue reading GM working on major upgrades to Super Cruise before kicking off 2020 rollout
Car rental giant Enterprise launches its own subscription service
Enterprise Holdings, the parent company of car rental companies Enterprise Rent-A-Car, National Car Rental, and Alamo Rent A Car, announced on Wednesday plans to launch a car subscription service. It’s the car rental giant’s first foray into the buzzy Mobility-as-a-Service space, and could possibly disrupt car companies’ own efforts to offer alternatives to car ownership.… Continue reading Car rental giant Enterprise launches its own subscription service