Arc is making a splash with investors as it wraps up deliveries of its limited edition $300,000 electric boat and eyes its next target: watersports. And, specifically the kind that require a wake. The
Ford may have paused its plans to build a $3.5 billion EV battery factory with CATL, but it hasn’t relieved pressure from Republican U.S. lawmakers who are investigating the automaker’s ag
Luxury EV maker Lucid Group has opened its first international factory in Saudi Arabia, the home of its largest shareholder. The factory, located in Jeddah, will have initial capacity to assemble 5,00
When Uber launched its ride-hailing service, the company was more pariah than partner to the taxi industry. Some 12 years later, it seems to be the latter. Uber announced Tuesday a multiyear partnersh
Blue Origin CEO Bob Smith is retiring at the end of the year and his replacement is coming from Jeff Bezos’ other company. Dave Limp, an Amazon veteran who had planned to step down from his role
Ford confirmed Monday it has immediately stopped work at a $3.5 billion factory in Michigan that was supposed to make cheaper lithium iron phosphate batteries using tech from China’s CATL. ̶
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Edsoma, which offers an AI-powered reading, education and communication platform for children, raised $2.5 million in a seed round led by Shaquille O'Neal.
Redwood Materials said Tuesday it acquired lithium-ion battery recycler Redux Recycling, a purchase meant to accelerate U.S. company’s expansion into Europe. This is Redwood’s second acqui
News from Canoo and Arrival illustrates just how far off the rails the EV-SPAC boom has gone.
Lyft has agreed to pay a $10 million fine over a U.S. Securities and Exchange Commission charge that the ride-hailing company failed to disclose a board director’s role in the sale of $424 milli
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B.
Welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday show, when we talk about the week’s biggest news.
Rivian CEO RJ Scaringe provided more details Thursday on the company’s plans to update the hardware in its EVs next year — under a program internally called Peregrine — that he says will res
Cruise CEO Kyle Vogt and other executives revealed Thursday in San Francisco a prototype of a custom-built, wheelchair-accessible, self-driving robotaxi and said that closed-course testing of the driv
Drivers with vehicles equipped with Google’s Android Auto — which is expected to reach 200 million by the end of year — can now use Zoom and WebEx by Cisco for audio-only conference calls. T
Amazon Prime video is coming to certain vehicles that are equipped with Google built-in, including the all-electric Polestar 2 and eventually the Volvo EX90 — the latest example of streaming video s
Lyft rolled out a new feature Tuesday in five U.S. cities, including Chicago and San Francisco, that lets women and nonbinary drivers set a preference for picking up only women riders. The preference
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. This week was packed with news, including in the world of st
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