As pressure from Chinese competitors intensifies and the EV market stalls, major U.S. and European auto manufacturers are racing to cut the cost of producing electric vehicles so they can get to the price tags and profit margins of ICE cars. But to do that, they must find ways to make the design process faster… Continue reading Swiss startup Neural Concept raises $27M to cut EV design time to 18 months
Author: Tech Crunch Online News
Inside EV startup Fisker’s collapse: how the company crumbled under its founders’ whims
An autonomous pod. A solid-state battery-powered sports car. An electric pickup truck. A convertible grand tourer EV with up to 600 miles of range. A “fully connected mobility device” for young urban innovators to be built by Foxconn and priced under $30,000. The next Popemobile. Over the past eight years, famed vehicle designer Henrik Fisker… Continue reading Inside EV startup Fisker’s collapse: how the company crumbled under its founders’ whims
Feds tell Zoox to send more info about autonomous vehicles suddenly braking
U.S. federal regulators have requested more information from Zoox, Amazon’s self-driving unit, as part of an investigation into rear-end crash risks posed by unexpected braking. The National Highway Traffic Safety Administration (NHTSA) opened a preliminary investigation into Zoox on May 10 after it received two reports of Zoox vehicles unexpectedly braking, leading to rear-end collisions… Continue reading Feds tell Zoox to send more info about autonomous vehicles suddenly braking
Tesla shareholder sweepstakes and EV layoffs hit Lucid and Fisker
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Okay, okay — remember last week when I suggested Tesla was being a bit extra in its bid to convince shareholders to vote in favor of relocating… Continue reading Tesla shareholder sweepstakes and EV layoffs hit Lucid and Fisker
Archer, Kakao Mobility partner to bring electric air taxis to South Korea in 2026
Archer Aviation is partnering with ride-hailing and parking company Kakao Mobility to bring electric air taxi flights to South Korea starting in 2026, if the company can get its aircraft developed in time. The move to South Korea is part of an international strategy that will also see Archer commercially launch in the United Arab… Continue reading Archer, Kakao Mobility partner to bring electric air taxis to South Korea in 2026
Cylib wants to own EV battery recycling in Europe
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
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