Shared micromobility company Bird has lost nearly all of its value since going public through a special purpose acquisition merger last year, falling from a 52-week high of $9.05 per share to around 23 cents per share this afternoon. In its short life on the public markets, Bird has garnered a reputation for burning through… Continue reading Bird’s plan to stay in the shared scooter game
Author: Tech Crunch Online News
Tesla reveals long-awaited Semi Truck and begins first deliveries
Tesla delivered Thursday evening the first production versions of its long-delayed electric semi truck five years after CEO Elon Musk revealed the commercial vehicle. The first Tesla Semi trucks were handed over to Pepsi at an event at the company gigafactory in Sparks, Nevada. Pepsi placed an order for 100 trucks back in December 2017, when… Continue reading Tesla reveals long-awaited Semi Truck and begins first deliveries
Boundary Layer pivots from container ships to hydrofoiling personal watercraft
Boundary Layer, which was gunning for local air freight, and announced a slew of launch partners earlier this year, today announced a shift in strategy, with some high-performance foiling personal watercraft. Think low-flying SeaDoo, and you’ve got the right idea. The new product is called Valo, and will be able to carry a couple of… Continue reading Boundary Layer pivots from container ships to hydrofoiling personal watercraft
Hyundai-backed AV startup Motional cuts workforce
Motional, the Aptiv-Hyundai joint venture developing autonomous vehicle technology, cut its workforce this week — the latest example of layoffs in the AV industry and more broadly in the tech sector. Employees were told of the layoffs Wednesday, according to sources who asked not to be named because they are not authorized to speak for… Continue reading Hyundai-backed AV startup Motional cuts workforce
Tesla offers $3,750 discount for Model 3, Model Y deliveries in December
Tesla is offering Model 3 and Model Y buyers in the U.S. a $3,750 credit if they have their vehicle delivered in December 2022, according to an update on the company’s inventory page and several posts on Reddit. Tesla didn’t share the reason for such generosity or publish the news widely — customers received the… Continue reading Tesla offers $3,750 discount for Model 3, Model Y deliveries in December
iPhone users can share car keys in Wallet with non-iPhone users
Apple iPhone users with iOS 16.1 software can now share car keys in their Wallet with non-iPhone users, starting with Google Pixel devices. In the future, that capability will extend to other devices with Android 12+, according to Apple. Apple says it has been working with the Internet Engineering Task Force and other industry players… Continue reading iPhone users can share car keys in Wallet with non-iPhone users
Canoo sends its EV pickup truck to the US Army for testing
Canoo, the beleaguered EV startup-turned-SPAC, has delivered its first “Light Tactical Vehicle” to the U.S. Army for a demonstration project aimed at showing how its modular electric platform can support mission-specific configurations for less money. Canoo has landed orders for its customizable platforms with a variety of customers, ranging from NASA to Walmart. The U.S. Army,… Continue reading Canoo sends its EV pickup truck to the US Army for testing
On-demand car rental company Kyte is now offering car subscriptions
Car rental delivery startup Kyte said it’s on a mission to disrupt the auto industry by making people think twice about buying a car. Starting Wednesday, Kyte will now offer a car subscription service, following what the startup says was a successful subscription pilot with Teslas. The three-, six- and 12-month subscription plans will be… Continue reading On-demand car rental company Kyte is now offering car subscriptions
GM’s Cruise pursuing permit to test its custom-built ‘Origin’ robotaxi in San Francisco
Cruise, GM’s self-driving technology subsidiary, has started the long and winding regulatory process to test its next-generation ‘Origin’ robotaxi on public roads in San Francisco. The company has applied for a permit with the California Department of Motor Vehicles to test its custom-built driverless vehicle on public roads. The news first reported by the Wall… Continue reading GM’s Cruise pursuing permit to test its custom-built ‘Origin’ robotaxi in San Francisco
Honda to launch fuel cell vehicle in 2024
Honda will launch a fuel cell electric vehicle in 2024 based on its bestselling CR-V crossover. The automaker said it will produce the CR-V variant at its Performance Manufacturing Center (PMC) in Marysville, Ohio, as part of its strategy to go fully electric by 2040 and carbon neutral by 2050. Instead of a battery, fuel… Continue reading Honda to launch fuel cell vehicle in 2024