The Station: Restructuring ripples and the next investor darling of the EV era

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. I’m dubbing… Continue reading The Station: Restructuring ripples and the next investor darling of the EV era

Kodiak Robotics’ founder explains why autonomous freight could brush off inflation

If solving the problems of autonomous driving were a question of money, it’d have been solved long before now. That’s the primary argument of Don Burnette, co-founder and CEO of autonomous trucking startup Kodiak Robotics, which has expanded its business and hit milestones with a fraction of the funds that bigger players like Waymo have.… Continue reading Kodiak Robotics’ founder explains why autonomous freight could brush off inflation

Hyundai to electrify high-performance N brand

Hyundai said Thursday it will begin building electric vehicles under its high-performance N brand created to compete with luxury sports cars from Mercedes-Benz and BMW. The automaker said the Ioniq 5 N, high-performance version of its battery-electric SUV, will launch in 2023. Hyundai also premiered Thursday two high-performance concepts — RN22e and N Vision 74… Continue reading Hyundai to electrify high-performance N brand

Cruise robotaxi service under review following anonymous letter

Someone claiming to be a Cruise employee sent an anonymous letter to a California regulatory agency raising concerns that the company is launching its robotaxi service too early. The employee cited the regularity of instances that Cruise robotaxis malfunction in some way and are left stranded on streets, often blocking traffic or emergency vehicles, as… Continue reading Cruise robotaxi service under review following anonymous letter

Dueling $2.5 million hypercar EVs arrive this summer

It’s shaping up to be the summer of dueling seven-figure electrified hypercars. But perhaps it’s more of a sibling rivalry, as the Rimac Nevera and Pininfarina Battista share common DNA. Rimac said Tuesday that its $2.5 million 1,914-horsepower Nevera has begun rolling off the assembly line. Pininfarina announced the following day that its own $2.5… Continue reading Dueling $2.5 million hypercar EVs arrive this summer

VinFast EV factory wins North Carolina’s top incentives package

Vietnamese EV maker VinFast said Thursday it received $1.2 billion in incentives to build a factory in North Carolina. The incentive package represents the state’s largest-ever economic development project and its aspirations to build North Carolina into a hub for the clean energy economy. Construction on the 2,000-acre site at the Triangle Innovation Point in Chatham County,… Continue reading VinFast EV factory wins North Carolina’s top incentives package

Autonomous vehicles startup Nuro winds down operations in Phoenix

Nuro, the autonomous vehicle delivery startup that is valued at more than $8.6 billion, is closing its Phoenix facility as it shifts its commercial strategy away from the desert metropolis and toward the San Francisco Bay Area and Houston. Nuro told employees that the Phoenix Depot location would be closed by October 1, according to… Continue reading Autonomous vehicles startup Nuro winds down operations in Phoenix

As Coinbase falters, Binance.US is waiting in the wings

As the largest publicly traded crypto exchange in the United States, Coinbase has become something of a household name. But as the going gets tough in the crypto markets, the company seems to be fumbling the bag, leaving it vulnerable to competition. Coinbase’s stock price is down nearly 80% from where it started the year… Continue reading As Coinbase falters, Binance.US is waiting in the wings

Gridtential thinks the OG renewable battery chemistry is ripe for disruption

Lithium-ion batteries are one of the driving forces behind the transition away from fossil fuels, but the rechargeable battery that started it all — lead-acid — has received very little attention. Invented over 160 years ago, lead-acid batteries have been upgraded a few times, but today’s cells are largely unchanged from those sold in the… Continue reading Gridtential thinks the OG renewable battery chemistry is ripe for disruption

GM and EVgo to build fast-chargers at Pilot Flying J gas stations

General Motors is teaming up with Pilot Flying J to build a national fast-charge network for EVs. The partnership between GM and Pilot will help accelerate EV sales by filling in gaps along the charging infrastructure. Access to charging stations remains American drivers’ top concern over buying or leasing an EV, according to a July… Continue reading GM and EVgo to build fast-chargers at Pilot Flying J gas stations