Mullen Automotive is the leading bidder on bankrupt commercial EV maker Electric Last Mile Solutions, its second major deal this month as it strives to deliver its own electric vehicle. The California-based automaker placed a stalking horse bid of nearly $92 million to buy ELMS, which had been developing a commercial EV called the Urban… Continue reading Mullen to bid for bankrupt Electric Last Mile Solutions
Author: Tech Crunch Online News
Amazon throws more weight behind e-fuels to see if they stick
Starting next year, Amazon plans to pump electrofuels into some of its diesel delivery vans in a deal with Infinium. Amazon didn’t say what it’s paying, nor for how much synthetic fuel, but the conglomerate intends to cover “approximately 5 million miles of travel per year” using e-fuels, it said in a statement. It’s not… Continue reading Amazon throws more weight behind e-fuels to see if they stick
4 employment law mistakes startups can stop making today
Kristen Corpion Contributor Kristen Corpion is the founder of CORPlaw, a Miami-based law firm serving fast-growing technology companies and entrepreneurs as fractional general counsel. More posts by this contributor All my apes gone: Legal disputes at the intersection of IP and NFTs When should an early-stage startup hire a full-time lawyer? As the old saying… Continue reading 4 employment law mistakes startups can stop making today
Why Ford will have to eat an extra $1B in supplier costs this quarter
Ford said Monday that supplier costs will be $1 billion higher in the third quarter than expected due to rising inflation and persistent supply chain problems. Ford also disclosed that supply shortages have caused a backlog of thousands of assembled, yet incomplete vehicles. Ford anticipates that between 40,000 and 45,000 unfinished vehicles — most of… Continue reading Why Ford will have to eat an extra $1B in supplier costs this quarter
Ford drivers could get alerts from nearby pedestrians’ phones
Ford is working on a mobile app designed to alert drivers to pedestrians and bicyclists nearby. The app, scheduled to debut at the Intelligent Transportation Society of America’s World Congress in Los Angeles this week, uses Bluetooth Low Energy to send a location alert from a pedestrian or cyclist’s smartphone to passing Ford vehicles equipped with… Continue reading Ford drivers could get alerts from nearby pedestrians’ phones
Investors prove that insurtech isn’t dead, thanks to e-bikes and pre-fab homes
The ways in which we live and get around have evolved over the past few decades. For example, sales of e-bikes are outpacing sales of electric cars in the U.S., according to recent research. And pre-fabricated and manufactured homes are gaining in popularity as housing shortages persist globally. It appears that their popularity is no… Continue reading Investors prove that insurtech isn’t dead, thanks to e-bikes and pre-fab homes
How do you fix a hack like Uber’s?
Ride hailing giant Uber says its services are operational following a “cybersecurity incident” last week that saw a hacker break into the company’s network and access systems that store vast troves of customer data. Uber said little about the incident until Monday. Screenshots of inside Uber’s network posted to Twitter by security researchers in conversations… Continue reading How do you fix a hack like Uber’s?
How Xpeng’s city navigation will stack up against Tesla’s FSD
Xpeng, a Chinese smart electric vehicle startup, has launched its anticipated advanced driver assistance system (ADAS) that automates some driving functions in urban environments. City Navigation Guided Pilot (City NGP), an expanded version of Xpeng’s NGP, which performed tasks like assisted driving on highways based on the navigation route set by the driver, is being… Continue reading How Xpeng’s city navigation will stack up against Tesla’s FSD
Tesla ramps up production as rivals launch new EVs
Tesla is ramping up production at its factories in Texas and Shanghai to head off an upcoming ambush of new EVs from legacy automakers. On Monday, the world’s largest EV maker completed a long-delayed project to expand capacity at Gigafactory Shanghai, where it builds Model Y SUVs and Model 3 sedans for customers in Asia… Continue reading Tesla ramps up production as rivals launch new EVs
Porsche 911’s new meaning, a bot rolls into a crime scene and the bright side of a tiny Detroit auto show
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a shorter version of The Station newsletter that is emailed to subscribers. Want all the deals, news roundups and commentary? Subscribe… Continue reading Porsche 911’s new meaning, a bot rolls into a crime scene and the bright side of a tiny Detroit auto show