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The overlooked tech that kept cities moving in 2023
Over here at TechCrunch, our time is often spent finding and reporting on the next new new thing in mobility, from autonomous drones and electric air taxis to self-driving trucks and even batteries made of paper. While this tech, in theory, may someday help people and goods move from point A to B, much of… Continue reading The overlooked tech that kept cities moving in 2023
Facing roadblocks, China’s robotaxi darlings apply the brakes
A few years ago, robotaxis were the darlings of venture capitalists in China. A cadre of audacious startups, including Deeproute.ai, WeRide.ai, Pony.ai and Momenta reeled in hundreds of millions of dollars to fuel their costly ambitions. With pockets overflowing, they spent generously on building self-driving vehicle fleets. Their geeky executives, swapping T-shirts for sharp suits,… Continue reading Facing roadblocks, China’s robotaxi darlings apply the brakes
Fisker (FSR) stock bounces after EV deliveries climb 300% in Q4
Fisker’s’ (FSR) stock is soaring after announcing EV deliveries climbed over 300% from last quarter. The EV maker plans to accelerate its pace after delivering around 4,700 Fisker Oceans in 2023. Fisker stock on the rise following EV deliveries update In its December business update, Fisker announced it had built 10,142 Ocean electric SUVs this… Continue reading Fisker (FSR) stock bounces after EV deliveries climb 300% in Q4
Toyota, Nissan, 10 others join forces to form a new research group powerhouse for software
Japanese industry leaders, including Toyota, Nissan, Honda, Subaru, Panasonic, and seven others, are teaming up to develop advanced vehicle software. Toyota, Japan industry leaders form SoC research group Earlier this month, twelve companies, including auto, electrical component, and semiconductor makers, created the “Advanced SoC Research for Automotive” (ASRA). ASRA was established to research and develop… Continue reading Toyota, Nissan, 10 others join forces to form a new research group powerhouse for software
Tesla Cybertruck just had its first real world crash
A Tesla Cybertruck had a real-world crash for the first time as people try to determine the level of safety of the electric pickup truck. With its (sort of) exoskeleton, stainless steel body exterior, and novel shape, people in the industry have been trying to understand how those features are going to affect the Cybertruck’s… Continue reading Tesla Cybertruck just had its first real world crash
Tesla leaks Powershare Mobile Connector
Tesla has leaked its ‘Powershare Mobile Connector’ through its user manual, but it’s so far unclear how it’s different from Tesla’s regular mobile connector. With the launch of Cybertruck, Tesla announced its new Powershare bidirectional charging system. The new feature will enable Tesla vehicles, starting with Cybertruck, to share power with other vehicles, your home,… Continue reading Tesla leaks Powershare Mobile Connector
CES 2024 Preview: Get Ready for a ‘Tsunami’ of AI
If you’re waiting for the hubbub over generative AI to die down, maybe pull up a chair. The buzz around artificial intelligence shows no signs of quieting—a fact that will become all too obvious at this year’s CES. CES, the consumer electronics industry’s largest annual gathering in the US, is returning to Las Vegas on… Continue reading CES 2024 Preview: Get Ready for a ‘Tsunami’ of AI
EV startup Faraday Future’s sinking share price prompts Nasdaq noticeThe firm has until June 25 to regain compliance by lifting its stock price over t…
Faraday Future Intelligent Electric got a notice from the Nasdaq exchange on Thursday over its failure to comply with listing rules that require a minimum closing share price of $1, the electric-vehicle startup disclosed in a filing. The firm, whose shares closed at 26 cents on Thursday, has until June 25 to regain compliance by lifting its… Continue reading EV startup Faraday Future’s sinking share price prompts Nasdaq noticeThe firm has until June 25 to regain compliance by lifting its stock price over t…
China’s Sichuan Airlines to get $1.7b capital infusion from shareholders
China’s Sichuan Airlines will receive a capital contribution of 12 billion yuan ($1.69 billion) from its shareholders in a bid to supplement working capital and reduce financial security risks, major investor China Southern Airlines said on Friday. China Southern, the country’s largest airline, will invest a total of 4.68 billion yuan in Sichuan Airlines, it said in an exchange filing. Additionally, China Southern will also transfer one Airbus A330-300 aircraft for around 485 million yuan.… Continue reading China’s Sichuan Airlines to get $1.7b capital infusion from shareholders