A surge of battery recycling startups have emerged in Europe in a bid to tap into the next big opportunity in the EV market: battery waste. Among them is Cylib, a German-based startup with a pitch automakers may find financially compelling. The company says it can extract pure forms of all materials in a battery… Continue reading Cylib wants to own EV battery recycling in Europe
Author: Tech Crunch Online News
Fisker cuts hundreds of workers in bid to keep EV startup alive
Struggling EV startup Fisker has laid off hundreds of employees in a bid to stay alive, as it continues to search for funding, a buyout or prepare for bankruptcy. Workers suspected layoffs were coming when the company directed everyone to work from home on Wednesday — an out-of-character directive, according to multiple current and former… Continue reading Fisker cuts hundreds of workers in bid to keep EV startup alive
Chinese EV makers, and their connected vehicles, targeted by new House bill
Chinese EV manufacturers face a new challenge in their pursuit of U.S. customers: a new House bill that would limit or ban the introduction of their connected vehicles. The bill, introduced by U.S. Rep. Elissa Slotkin, comes as the trade war between the U.S. and China heightens in the aftermath of the Biden administration’s decision… Continue reading Chinese EV makers, and their connected vehicles, targeted by new House bill
Cadillac’s new Optiq EV is designed to hook young hipsters
Cadillac may seem a bit too traditional to hang its driving cap on EVs. And yet, that hasn’t stopped the GM brand from rolling out — or at least showing off — four all-electric vehicle models since 2022. The latest is the 2025 Optiq, a mid-size crossover that could finally snag the young, hipster customers… Continue reading Cadillac’s new Optiq EV is designed to hook young hipsters
House bill would ban Chinese connected vehicles over security concerns
U.S. Rep. Elissa Slotkin will introduce a bill to Congress that would limit or ban the introduction of connected vehicles built by Chinese companies if found to pose a threat to national security. The bill comes as the trade war between the U.S. and China heightens in the aftermath of the Biden administration’s decision to… Continue reading House bill would ban Chinese connected vehicles over security concerns
Onyx Motorbikes was in trouble — and then its 37-year-old owner died
James Khatiblou, the owner and CEO of Onyx Motorbikes, was watching his e-bike startup fall apart. Onyx was being evicted from its warehouse in El Segundo, Los Angeles. The company’s unpaid bills were stacking up. His chief operating officer had abruptly resigned. A shipment of around 100 CTY2 dirt bikes from Chinese supplier Suzhou Jindao… Continue reading Onyx Motorbikes was in trouble — and then its 37-year-old owner died
Indian EV startup Zypp Electric secures backing to fund expansion to Southeast Asia
Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to take its EV rental service into Southeast Asia early next year, TechCrunch has exclusively learned. The company aims to be in 15 markets over the next two years. Of those 15 markets, Zypp Electric plans to launch its… Continue reading Indian EV startup Zypp Electric secures backing to fund expansion to Southeast Asia
Feds add nine more incidents to Waymo robotaxi investigation
Federal safety regulators have discovered nine more incidents that raise questions about the safety of Waymo’s self-driving vehicles operating in Phoenix and San Francisco. The National Highway Traffic Safety Administration Office of Defects Investigation (ODI) opened an investigation earlier this month into Waymo’s autonomous vehicle software after receiving 22 reports of robotaxis making unexpected moves… Continue reading Feds add nine more incidents to Waymo robotaxi investigation
Lucid Motors slashes 400 jobs ahead of crucial SUV launch
Lucid Motors is laying off about 400 employees, or roughly 6% of its workforce, as part of a restructuring ahead of the launch of its first electric SUV later this year. The company said in a regulatory filing on Friday morning that it expects to complete the restructuring by the end of the third quarter… Continue reading Lucid Motors slashes 400 jobs ahead of crucial SUV launch
Spotify to shut off Car Thing for good, leading users to demand refunds
Spotify is notifying customers who purchased its Car Thing product that the devices will stop working after December 9, 2024. The company discontinued the device back in July 2022, but had said at the time that it would still support the units that had already been sold. The company’s plans for the device have changed,… Continue reading Spotify to shut off Car Thing for good, leading users to demand refunds