Tag: EVs
Lucid pumps $1.5B from Saudi wealth fund after CEO warned relying on its ‘bottomless wealth’ was ‘dangerous’
Saudi Arabia is committing even more money to Lucid Motors as the EV startup struggles to erase its losses. Lucid announced Monday as...
VC darling Rad Power Bikes hit with another round of layoffs
Rad Power Bikes, the Seattle-based e-bike startup that has raised more than $300 million from investors, went through another round of layoffs in...
The Waymo-Zeekr robotaxi has come to San Francisco
Waymo has started testing a new robotaxi built by Chinese electric automaker Zeekr on public roads in San Francisco.
Waymo has “less than a...
GM’s Cruise abandons Origin robotaxi, takes $583 million charge
GM’s self-driving car subsidiary Cruise is scrapping plans to build the Origin — a purpose-built robotaxi with no steering wheel or pedals —...
Elon Musk is now a villain in Joe Biden’s presidential campaign
Elon Musk has made it clear he doesn’t like Joe Biden. But since Musk officially endorsed and is reportedly financially backing Donald Trump...
Ford’s EV plans are in flux once again as it invests $3B into its biggest trucks
Ford said Tuesday it will expand production of its Super Duty trucks to a factory in Canada that was slated for a $1.34...