Tesla has now finally confirmed that the Cybertruck electric pickup truck is delayed to 2022 after months of hinting at the possible delay in reaching production. When Tesla unveiled the Cybertruck back in 2019, Tesla said that the electric pickup truck would make it to market by the end of 2021. Over the last year,… Continue reading Tesla finally confirms Cybertruck electric pickup is delayed to 2022
Category: Tech News
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Ride-hailing service Didi mulls giving up data control to appease China
Chinese ride-hailing firm Didi Global Inc is in talks with state-owned information security firm Westone to handle its data management and monitoring activities, sources said, as part of its efforts to placate domestic regulators. The largest Chinese ride-hailing group became the target of an investigation by regulators in the country just days after it raised… Continue reading Ride-hailing service Didi mulls giving up data control to appease China
Volkswagen CEO’s vacation snafu led to a scathing review of a rival to Tesla’s supercharging network, highlighting the tough road to electric-car adoption
Volkswagen CEO Herbert Diess roasted Ionity for his poor experience with its charging network. The company is partially owned by VW and part of a bid to compete with Tesla’s Supercharger stations. The CEO’s vacation mishap highlights several major advantages Tesla drivers have over others. Loading Something is loading. Volkswagen CEO Herbert Diess lit into… Continue reading Volkswagen CEO’s vacation snafu led to a scathing review of a rival to Tesla’s supercharging network, highlighting the tough road to electric-car adoption
Honda launches low-cost U-GO electric scooter
Honda may have dragged its feet for years when it came to electric two-wheelers, but the company has now released a number of new and interesting designs. The latest is the ultra-affordable Honda U-GO electric scooter. Honda launched the U-GO through its Chinese arm Wuyang-Honda as a follow-up to its other low-cost Chinese electric scooters… Continue reading Honda launches low-cost U-GO electric scooter
Zeelo Raises $12M in Funding
Zeelo, a London, UK-based smart commuter mobility platform for organizations, raised $12M in funding. The round was led by ETF Partners, with participation from InMotion Ventures and various angel investors including Neil Smith, Founder of Transit Systems. The company intends to use the funds to accelerate US, European and African expansion, as well as rolling out its technology platform as… Continue reading Zeelo Raises $12M in Funding
Micromobility startup Voi raises $45 million to end sidewalk riding, improve safety
Micromobility startup Voi has raised $45 million, funds it says will be used to research and develop technology that will improve safety, keep users from riding on sidewalks and ensure scooters are properly parked. The funding comes a month after Voi launched a pilot in Northhampton, UK with Irish startup Luna to test how computer… Continue reading Micromobility startup Voi raises $45 million to end sidewalk riding, improve safety
Fisker-Foxconn EV partnership ‘moving faster than expected,’ CEO Henrik Fisker says
U.S. electric automaker Fisker expects operating expenses to reach between $490 million and $530 million this year, a slight increase in its business outlook for the year that is driven by R&D spending on prototypes for its Ocean SUV, testing and validation of advanced technology, hiring and its “accelerating” partnership with Foxconn. The company, which… Continue reading Fisker-Foxconn EV partnership ‘moving faster than expected,’ CEO Henrik Fisker says
Uber and Lyft say drivers are earning more than $35 an hour in some cities as the companies scramble to recruit them back
Uber and Lyft are recovering from the COVID-19 pandemic as they push to regrow their fleet of US drivers. Incentives and benefits programs, along with increased COVID safety measures, are fueling drivers’ return to the app. The companies are citing higher hourly wages for their drivers, though they have oversold earnings to their drivers in… Continue reading Uber and Lyft say drivers are earning more than $35 an hour in some cities as the companies scramble to recruit them back
Qualcomm wants to buy Veoneer for $4.6B, beating Magna’s offer
The $3.8 billion sale of Swedish automotive tech company Veoneer to Magna International hit a roadblock Thursday after chipmaker Qualcomm submitted a bid for the company for $800 million more. Qualcomm’s $4.6 billion bid, which comes in at $37 per share, has already received approval from the company’s board and would not need a stockholder… Continue reading Qualcomm wants to buy Veoneer for $4.6B, beating Magna’s offer
Lyft’s $20 per month membership program gets new bike-share benefits and an annual plan
Lyft is boosting its $19.99-per-month Lyft Pink membership program with new bike-share benefits and an annual option that’s cheaper than paying for the service month to month, the company announced Thursday. Lyft Pink’s primary benefit is a 15 percent discount on car rides, but previously, it also offered three free 30-minute bike or scooter rides… Continue reading Lyft’s $20 per month membership program gets new bike-share benefits and an annual plan