Tesla earnings day is upon us — the quarterly check in with one of the world’s largest EV makers and its controversial CEO Elon Musk. Tesla’s fourth-quarter and full-year earnings are expected to be released Wednesday after market close. A webcast, in which Tesla management will answer questions from analysts and retail investors, is scheduled […]
On Tesla earnings day, all eyes are Elon, profits, and AI Read More »
Uber-backed Moove, an Africa-born mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers across six continents, has acquired Kovi, a Brazilian urban mobility provider. The value of the deal is not being disclosed, but Moove confirmed it was an all-share transaction, and Kovi is now wholly owned by Moove. Moove co-founder and
Uber-backed mobility fintech Moove acquires Brazil’s Kovi, takes ARR to $275M Read More »
Swedish shared micromobility giant Voi had its first profitable year in 2024, according to preliminary unaudited results the company shared exclusively with TechCrunch. Voi, which offers shared e-scooters and e-bikes across more than 100 markets in Europe, recorded €132.8 million ($138 million) in net revenue in 2024. On an adjusted basis, Voi earned €17.2 million
Shared scooter startup Voi reports its first profitable year as it explores an IPO Read More »
In May 2023, Ford triggered a transformation when the U.S. automaker locked in a deal to give owners of its EVs access to the Tesla Supercharger network. In a stunning shift, automaker after automaker — from GM and Hyundai to Rivian and Mercedes — followed suit. By the end of 2023, nearly every major automaker
Tesla Superchargers: GM, Ford, Rivian, and other EV brands with access Read More »
Alphabet-owned autonomous vehicle company Waymo might be planning to test a feature that will allow robotaxi riders to add a “tip” that will go to the charity of their choice after a ride. Jane Manchun Wong, a security researcher who recently hacked the display dome on top of a Waymo vehicle, found the new tip
Waymo is reportedly building a charity ‘tipping’ feature into its robotaxi app Read More »
Amazon announced Monday it has picked the north England town of Darlington as the first site for its planned U.K. drone delivery expansion. Amazon was expected to expand Prime Air to the U.K. and Italy in 2024. After missing that initial target, the company opted to not share a timeline for this latest launch. Instead,
Amazon’s Prime Air drone service is headed to this UK town Read More »
Waymo robotaxis have become a common sight on Los Angeles surface streets. Now those driverless vehicles are heading to the city’s network of freeways. The Alphabet-owned autonomous vehicle technology company said Tuesday it will begin testing its fleet of robotaxis on the Los Angeles freeway system, including Interstates 10, 110, 405, and 90. These robotaxis
Waymo begins testing robotaxis on LA freeways Read More »
Boom Supersonic’s XB-1 demonstrator plane just went supersonic in the skies over California’s Mojave desert, making it the first civil aircraft to break the sound barrier. The American startup’s plane notched the historic achievement in its twelfth test flight. It cleared Mach 1 and stayed supersonic for around four minutes, reaching Mach 1.1. Test pilot
Boom’s XB-1 becomes first civil aircraft to go supersonic Read More »
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair Mary Barra said Tuesday during the company’s earnings call. The estimate comes nearly two months after the automaker said it would no longer fund Cruise, its self-driving subsidiary that aimed to commercialize robotaxis. “GM has
GM expects to save up to $1 billion on Cruise costs Read More »
Owners of the electric Lucid Gravity SUV will gain access to Tesla’s Supercharging network starting January 31. The Gravity is Lucid’s second vehicle model in its lineup after its flagship Air sedan series, and the first to be built with charge ports compatible with Tesla’s NACS (North American Charging Standard) charge plugs. Lucid Air owners will
Lucid Gravity SUV owners will gain access to Tesla Superchargers on Jan 31 Read More »
