Rapid grocery deliver startups like Getir, Gopuff and Gorillas, once heralded as the next big thing in on-demand ordering, are running up against logistical challenges that might very well be insurmountable. Even faced with competition and sky-high operating costs, though, they’re taking what steps they can to stick around. Case in point, Gopuff today launched… Continue reading Gopuff launches scheduled deliveries, gifting and in-store pickup
Author: Tech Crunch Online News
VinFast’s bid to attract US buyers includes 4 all-electric SUVs and maybe a sports car
VinFast showcased four battery-electric SUVs at the LA Auto Show this week, and even hinted at a sports car, as the Vietnam-based automaker pushes ahead with its plan to break into the U.S. market. The four EVs, which ranged in size from small five-passenger crossovers to large seven-passenger SUVs, is part of the company’s effort… Continue reading VinFast’s bid to attract US buyers includes 4 all-electric SUVs and maybe a sports car
Autonomous delivery startup Nuro lays off 20% of workforce
Nuro, the autonomous vehicle delivery startup backed by SoftBank, Google and Tiger Global Management, is laying off about 300 people, or 20% of its workforce, in an effort to preserve cash amid a stormy economic outlook, according to an email sent to employees this morning. Several Nuro employees also posted on Twitter and LinkedIn this… Continue reading Autonomous delivery startup Nuro lays off 20% of workforce
China’s EV upstart Nio switches on power swap station in Sweden
Electric vehicle startup Nio is accelerating its expansion in Europe. The premium EV maker just launched its first power-swapping station in Varberg, Sweden, the company said in a LinkedIn post. When it comes to charging, Nio differentiates itself from its rivals by offering swappable batteries, which are upgradable and charge a monthly subscription fee, on… Continue reading China’s EV upstart Nio switches on power swap station in Sweden
GM says supply chain issues won’t affect EV profitability by 2025
General Motors says supply chain constraints won’t hinder the automaker’s goal of reaching electric vehicle profitability by 2025. GM expects its EV portfolio to have “the same margin profile” as its internal combustion engine portfolio over the next three years once factoring in U.S. tax credits for cars and trucks, CEO Mary Barra said Thursday… Continue reading GM says supply chain issues won’t affect EV profitability by 2025
Fiat CEO teases subscriptions, car-sharing for all-electric 500e launch in US
Stellantis plans to “explore alternative business models,” such as subscriptions and car sharing, when it launches its all-electric Fiat 500e in the U.S. in the first quarter of 2024, Fiat CEO Olivier Francois told TechCrunch at the 2022 Los Angeles Auto Show. The exec did not rule out limiting the 500e’s U.S. launch entirely to… Continue reading Fiat CEO teases subscriptions, car-sharing for all-electric 500e launch in US
Hyundai’s hydrogen fuel cell concept hints at the performance N brand’s future
Hyundai revealed Thursday a hydrogen fuel cell hybrid concept vehicle called the N Vision 74 that the company says demonstrates the performance sub-brand’s vision for electrification. The Hyundai N sub-brand, the performance-focused arm of the automaker, has been applied to a range of production vehicles since its founding in 2015 from the Hyundai Veloster N… Continue reading Hyundai’s hydrogen fuel cell concept hints at the performance N brand’s future
BrightDrop is tracking $1 billion revenue in 2023
General Motors’ e-delivery van subsidiary BrightDrop said Thursday it’s on track to reach $1 billion in revenue next year. The company, which launched in 2021 and was incubated at the automaker’s global innovation center, said reaching the financial milestone would make it one of the quickest tech startups to reach unicorn status, ahead of Apple,… Continue reading BrightDrop is tracking $1 billion revenue in 2023
Stellantis is bringing its new all-electric Fiat 500e to North America in early 2024
Stellantis brand Fiat is coming back to the United States with its new all-electric 500e, a small urban vehicle that has been selling like hot cakes in Europe. The all-electric Fiat 500e is not like the original 500e, which was essentially a retro’d version of an internal combustion version of the same model. This time,… Continue reading Stellantis is bringing its new all-electric Fiat 500e to North America in early 2024
Toyota unveils all-electric SUV concept under its ‘Beyond Zero’ badge
Toyota unveiled Wednesday an all-electric SUV concept with plant-based seating and an AI “personal” assistant as the automaker expands its “beyond zero” portfolio. The bZ compact crossover concept that debuted at the Los Angeles Auto Show is meant to showcase Toyota’s vision for its battery-electric future. Toyota has said it plans to launch 30 fully… Continue reading Toyota unveils all-electric SUV concept under its ‘Beyond Zero’ badge