Ford will build a second EV truck, CEO Jim Farley said Tuesday during the automaker’s splashy event to celebrate the production launch of the electric F-150 Lightning truck. The F-150 Lightning is a full-size truck and the third EV in Ford’s battery-electric lineup following the Mustang Mach E and the commercial E-Transit van. Farley didn’t… Continue reading Ford teases a second electric pickup truck
Author: Tech Crunch Online News
Egyptian MaaS startup Swvl enters Turkish markets with latest acquisition
Swvl, an Egyptian startup that provides shared transportation services for intercity and intracity trips, has expanded into Turkey with its recent acquisition of Volt Lines, a B2B transportation-as-a-service operator. The primarily stock deal, which was valued at around $40 million, gives Swvl access both to Volt Lines’ tech as well as its over 110 corporate… Continue reading Egyptian MaaS startup Swvl enters Turkish markets with latest acquisition
Musk says Tesla aspires to mass produce robotaxis by 2024
Tesla plans to bring a dedicated robotaxi with no steering wheel or pedals to market by 2024, CEO Elon Musk said Wednesday during Tesla’s first quarter 2022 earnings call. That’s just two years to develop, test, verify, produce at volume and commercially launch a robotaxi service that meets regulatory rules that vary from state to… Continue reading Musk says Tesla aspires to mass produce robotaxis by 2024
The Station: Jeep’s road to EVs, Musk’s great big distraction and a last call for mobility founders
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. Hello readers: Welcome 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… Continue reading The Station: Jeep’s road to EVs, Musk’s great big distraction and a last call for mobility founders
Faraday Future demotes founder as management shakeup continues
Faraday Future, the troubled EV startup turned publicly traded company, has taken more disciplinary action as part of its now concluded internal investigation, including removing founder and former CEO Jia Yueting as an executive officer. The company said in a securities filing Thursday that Yueting Jia, or YT, will continue in his position as chief… Continue reading Faraday Future demotes founder as management shakeup continues
Why EV startups should’ve hit the brakes before merging with a SPAC
The blank-check boom that made real many electric vehicle manufacturers’ dreams of going public may be nearing a close. One such company, Faraday Future, is even in danger of being delisted, according to a filing with the U.S. Securities and Exchange Commission last week. Faraday Future, Lordstown Motors, Lucid Motors, Nikola, and Canoo — nearly… Continue reading Why EV startups should’ve hit the brakes before merging with a SPAC
Cruise expands Walmart autonomous delivery pilot in Arizona
Cruise, the self-driving car unit of General Motors, has expanded its autonomous delivery pilot with Walmart in Arizona. The company will now be doing limited deliveries for customers in Chandler, in addition to Scottsdale. The news comes a couple of months after Cruise had teased the expansion at a public meeting with Arizona state legislators,… Continue reading Cruise expands Walmart autonomous delivery pilot in Arizona
Lucid launches a faster, more expensive version of its flagship EV
Lucid Motors announced Tuesday a high-performance companion to its long-awaited Lucid Air luxury sedan: a 1,050-horsepower grand tourer with a 446-mile range. The $179,000 Lucid Air Grand Touring Performance Model will arrive in June, following customer deliveries of the automaker’s long-awaited flagship model, the 819-horsepower Lucid Air Grand Touring full-size sedan that can travel up… Continue reading Lucid launches a faster, more expensive version of its flagship EV
Bosch picks up Five.ai after the self-driving startup pivoted to B2B and then put itself up for sale
Consolidation is moving ahead in the world of autonomous driving, with the latest development coming out of Europe. Today, Bosch announced that it would be acquiring Five.ai, the autonomous driving startup that started with big ambitions to build and operate its own fleet of robotaxis but ultimately pivoted to focusing on technology development as a… Continue reading Bosch picks up Five.ai after the self-driving startup pivoted to B2B and then put itself up for sale
The Station: Calling all mobility founders, an unexpected Tesla Cyber Rodeo cameo and Gogoro’s public debut
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. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. First… Continue reading The Station: Calling all mobility founders, an unexpected Tesla Cyber Rodeo cameo and Gogoro’s public debut