Rivian has officially broken ground on its long-planned factory near Atlanta, Georgia, which will one day allow the company to make as many as 400,000 of its next-generation electric vehicles per year. The company held a shovel ceremony on Tuesday where CEO RJ Scaringe was joined by Georgia officials, including Governor Brian Kemp. But, as… Continue reading Rivian breaks ground on $5B Georgia factory ahead of construction in 2026
Author: Tech Crunch Online News
Tesla probed for potentially faulty door handles
The National Highway Traffic Safety Administration has opened an investigation into claims that Tesla’s door handles become inoperable in certain situations on Model Y SUVs. The safety agency’s Office of Defects Investigation (ODI) revealed the probe on Tuesday, after having received nine reports from owners who were unable to get into their cars. ODI writes… Continue reading Tesla probed for potentially faulty door handles
TechCrunch Mobility: Via raises $492.9M in IPO, and German automakers go on the offensive
Welcome back! Did you miss me? Yes, of course you did. There is a lot of “future of transportation” news to keep track of. Let’s jump in. It’s comeback week, and not just because I have returned from vacation. I’m talking about the biennial IAA Mobility conference in Munich and the purposeful effort among German… Continue reading TechCrunch Mobility: Via raises $492.9M in IPO, and German automakers go on the offensive
Via raises $492.9M in IPO, and German automakers go on the offensive
Welcome back! Did you miss me? Yes, of course you did. There is a lot of “future of transportation” news to keep track of. Let’s jump in. It’s comeback week, and not just because I have returned from vacation. I’m talking about the biennial IAA Mobility conference in Munich and the purposeful effort among German… Continue reading Via raises $492.9M in IPO, and German automakers go on the offensive
Tesla board chair calls debate over Elon Musk’s $1T pay package ‘a little bit weird’
With Tesla shareholders set to vote on a proposed 10-year, $1 trillion compensation package for CEO Elon Musk in November, board chair Robyn Denholm spoke to The New York Times to defend what would be the largest pay package in corporate history. Denholm, who was also on the special committee that put the compensation proposal… Continue reading Tesla board chair calls debate over Elon Musk’s $1T pay package ‘a little bit weird’
Ram ends EV pickup truck plans
The all-electric Ram 1500 REV pickup truck is dead. Long live the extended-range Ram 1500 REV (once called the Ramcharger). Stellantis, the parent company of Ram, said Friday that it will no longer develop a battery-electric full-size pickup. The company cited low demand for full-size battery-electric trucks as the primary reason, according to a statement… Continue reading Ram ends EV pickup truck plans
Via shrugs off tepid open to end first day of trading slightly above IPO price
Investors took a cautious approach to transit software startup Via’s IPO on Friday, with shares opening below the company’s IPO price before recovering at end the day slightly higher. The company, which initially filed confidentially for IPO in July, priced its IPO at $46 per share, raising $492.9 million. Those shares slipped to $44 when… Continue reading Via shrugs off tepid open to end first day of trading slightly above IPO price
New FAA program will let eVTOL startups test some operations before full certification
The Federal Aviation Administration (FAA) has announced a new pilot program that will let electric vertical takeoff and landing (eVTOL) startups test some operations before they receive full regulatory certification. It’s a potentially big change for these companies, as they’ve spent the last few years performing limited test flights of their aircraft while working toward… Continue reading New FAA program will let eVTOL startups test some operations before full certification
Tesla’s robotaxi plans for Nevada move forward with testing permit
Armed with a new permit from the state’s Department of Motor Vehicles, Tesla is preparing to begin testing its autonomous vehicle technology on public streets in Nevada. The testing permit, which was first noted by Tesla influencer Sawyer Merritt, comes two months after CEO Elon Musk outlined the company’s plans to take its autonomous vehicle… Continue reading Tesla’s robotaxi plans for Nevada move forward with testing permit
Elon Musk’s Boring Company suspends work on Vegas airport tunnel after ‘crushing injury’
Elon Musk’s Boring Company has reportedly stopped work on a tunnel it’s been digging to the Las Vegas airport after a worker sustained a “crushing injury” late Wednesday night, according to Fortune. Nevada’s Occupational Safety and Health Administration (OSHA) has opened an investigation. The Clark County Fire Department received a call at 10:12 p.m. local… Continue reading Elon Musk’s Boring Company suspends work on Vegas airport tunnel after ‘crushing injury’