Shared micromobility giant Lime said it has achieved full-year profitability on both an adjusted and unadjusted EBITDA basis, which would make it an outlier in an industry that has struggled to break even, much less turn a profit. Lime reported adjusted EBITDA profitability of $15 million and unadjusted profitability of $4 million in 2022. The… Continue reading Lime reports first profitable year, tests the waters for IPO
Author: Tech Crunch Online News
NHTSA requests info after Tesla crashes into fire truck
The National Highway Traffic Safety Administration (NHTSA) said Monday it has asked Tesla to provide more information after one of its vehicles crashed into a fire truck in California, Bloomberg reported. The agency did not confirm to TechCrunch what kind of information it is seeking, but NHTSA likely wants to determine whether one of Tesla’s… Continue reading NHTSA requests info after Tesla crashes into fire truck
Tesla battles with union organizers, Zoox hits the road and Zeekr scores more capital
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 Tesla battles with union organizers, Zoox hits the road and Zeekr scores more capital
Lyft is charging riders wait time fees — but drivers aren’t reaping the rewards
Lyft finally started charging riders wait time fees in December, but drivers are complaining those fees aren’t making it into their wallets. At least, not yet. Lyft’s wait time fees, or the charges that passengers incur if a driver has to wait for them upon pickup, kick in two minutes after on-time arrival for standard… Continue reading Lyft is charging riders wait time fees — but drivers aren’t reaping the rewards
Autonomous cargo drone airline Dronamics reveals it’s raised $40M, pre-Series A
Autonomous aircraft have long been thought of as having the most potential, though not in the realm of glitzy people-carrying drones so much as the more sedate world of cargo. It’s here where the economic savings could be most significant. Large, long-range drones built specifically for cargo have the potential to be faster, cheaper and… Continue reading Autonomous cargo drone airline Dronamics reveals it’s raised $40M, pre-Series A
Tesla opening its Superchargers to all EVs might be a masterstroke — or a terrible mistake
After a decade of keeping its North American charging network closed to outsiders, Tesla appears poised to allow other electric vehicles to use its Superchargers. The White House announced on Wednesday that the company would open 7,500 chargers — including 3,500 250 kW stalls along highways — to any EV with the combined charging system… Continue reading Tesla opening its Superchargers to all EVs might be a masterstroke — or a terrible mistake
Tesla recalls 362,758 vehicles over Full Self-Driving software safety concerns
Tesla has issued a recall of its Full Self-Driving software, an advanced driver assistance system that federal safety regulators say could allow vehicles to act unsafe around intersections and cause crashes. Tesla said it is recalling certain 2016-2023 Model S, Model X, 2017-2023 Model 3, and 2020-2023 Model Y vehicles equipped with Full Self-Driving Beta… Continue reading Tesla recalls 362,758 vehicles over Full Self-Driving software safety concerns
Convoy cuts more jobs as part of a restructuring
Convoy, the Seattle-based digital freight network that connects truckers with shippers, is shuttering its Atlanta office and laying off workers as part of a restructuring. This is the third time in less than a year that Convoy has laid off workers. The restructuring comes as Convoy transitions to a new customer service model that automates… Continue reading Convoy cuts more jobs as part of a restructuring
Tesla fires dozens of workers one day after launching union campaign
Tesla fired more than 30 employees who work at its factory in Buffalo, New York in retaliation for union organizing, according to a complaint filed with the National Labor Relations Board. The firings and complaint were first reported by Bloomberg. Tesla Workers United, a group of Tesla employees who work as data labelers on the… Continue reading Tesla fires dozens of workers one day after launching union campaign
Tesla agrees to double supercharger network, open to all EVs under Biden’s $7.5B charging plan
Companies hoping to dip into the coffers of the Biden Administration’s $7.5 billion EV charging initiative will have to meet a new set of requirements that even Tesla has agreed to. The Biden Administration laid out Wednesday the final standards for its plan to build a national network of 500,000 electric vehicle chargers along highways,… Continue reading Tesla agrees to double supercharger network, open to all EVs under Biden’s $7.5B charging plan