Faraday Future is nearly out of cash and its long-delayed EV has yet to land in customers’ hands, which means this is the perfect time for the publicly traded company to jump head first into the AI hype machine. Faraday Future said Tuesday it is adding generative AI to its first production car, the FF… Continue reading Faraday Future is adding generative AI to its vaporware EV
Author: Tech Crunch Online News
Woven Capital, Nvidia back Foretellix’s autonomous vehicle validation tech
Startups working on driverless cars fully may no longer attract the kind of nine-figure acquisition or funding offers that were prevalent just a few years ago. But there are still pockets within the broader automated vehicle technology sector that have captured the interest and investment of strategic investors. “We’re looking for solutions that can integrate… Continue reading Woven Capital, Nvidia back Foretellix’s autonomous vehicle validation tech
Citymapper lowers the paywall for premium features but keeps monthly subscription for removing ads
Citymapper is lowering the paywall around its premium features and introducing a new subscription plan purely for removing ads. The move comes less than two months after the popular transit and travel planning app was scooped up by mobility tech company Via. London-based Citymapper, which gives city-dwellers real-time transport and routing information across hundreds of… Continue reading Citymapper lowers the paywall for premium features but keeps monthly subscription for removing ads
Kodiak Robotics is adding an electric, autonomous semi truck to its fleet next year
Self-driving trucking company Kodiak Robotics plans to introduce an electric autonomous Class 8 truck to its fleet in 2024. The news comes as California, one of the states Kodiak hopes to do business in, recently voted to ban the sale of new diesel heavy duty trucks by 2036 and will require that all trucks be… Continue reading Kodiak Robotics is adding an electric, autonomous semi truck to its fleet next year
The era of software-defined battery startups is here
“Batteries are hard,” an expert once said. He wasn’t kidding. Designing and manufacturing pouches, slabs or cylinders filled with volatile chemicals that are capable of recharging ever more quickly is far from easy. Just ask LG, which had to pay GM nearly $2 billion for a costly manufacturing defect that saw every Chevy Bolt recalled.… Continue reading The era of software-defined battery startups is here
Elon Musk reportedly settles defamation suit after saying he’d never ‘surrender an unjust case’
A defamation case brought against Tesla chief executive Elon Musk by critic Randeep Hothi is coming to a close, reportedly costing the billionaire ten big ones. Lawyers representing Hothi, a vocal member of the TSLAQ short-seller community on Twitter, said in a statement that Musk asked to settle the nearly three-year-old case back in March.… Continue reading Elon Musk reportedly settles defamation suit after saying he’d never ‘surrender an unjust case’
Lordstown savior Foxconn is threatening to pull funding
Lordstown Motors is at risk of failing — again. The EV startup that went public via a SPAC merger cautioned investors Monday that it may be forced to file for bankruptcy because Foxconn may pull out of a critical funding deal, according to a regulatory filing. Taiwanese manufacturer Foxconn sent a letter April 21 to… Continue reading Lordstown savior Foxconn is threatening to pull funding
Lyft layoffs arrive, GM kills off the Chevy Bolt and Tesla makes a ‘deep fake’ defense
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. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point… Continue reading Lyft layoffs arrive, GM kills off the Chevy Bolt and Tesla makes a ‘deep fake’ defense
EV owners in Texas face $200 annual fee
States have taxed motorists at the pump for more than a century. Yet, as electric cars gain ground, what happens when folks stop refueling altogether? State lawmakers are increasingly imposing annual fees on EV owners, arguing they should pay up because they still rely on public infrastructure to get around. Texas is on track to… Continue reading EV owners in Texas face $200 annual fee
Lyft layoffs to affect 26% of workforce
Lyft said Thursday it will cut 26% of its workforce, or about 1,072 people, as part of a restructuring plan aimed at rebuilding its core ride-hailing product and boosting profits. The company also said in a regulatory filing Thursday that it decided scale back hiring plans and will eliminate 250 open job positions. Lyft estimates… Continue reading Lyft layoffs to affect 26% of workforce