The sale of bankrupt EV startup Canoo’s assets to its CEO has been okayed by the judge overseeing the case. After evaluating a number of limited objections to the sale, Judge Brendan Shannon said in a hearing Wednesday he believes the process was fair, and that no one else but Canoo CEO Anthony Aquila made […]
Canoo CEO can buy bankrupt EV startup’s assets, judge rules Read More »
After months of hearty marketing efforts and large-scale technology demos across the U.S., Nuro has secured $106 million in fresh funding to help scale its autonomous driving technology and advance commercial partnerships. The Series E round brings Nuro’s total funding raised to $2.2 billion and its valuation to $6 billion. That’s a drop from the
Nuro’s $106M raise backs its shift from delivery robots to licensing autonomy tech Read More »
Jeff Bezos is funding a secretive EV startup based in Michigan called Slate Auto that could start production as soon as next year, according to multiple sources and documents that link the billionaire’s family office to the startup. Slate, which took root in another Bezos-connected company called Re:Build Manufacturing, has been operating quietly since its
Inside the EV startup secretly backed by Jeff Bezos Read More »
Zoox, Amazon’s autonomous vehicle unit, is deploying a small fleet of retrofitted test vehicles on the streets of Los Angeles starting Tuesday – a modest, yet meaningful step as the company inches toward offering public rides in Las Vegas and San Francisco later this year. The data-collection effort marks Zoox’s entrance into its sixth city
Amazon’s Zoox begins robotaxi testing in Los Angeles Read More »
Nikola founder Trevor Milton, who was recently pardoned after being convicted of securities fraud, is trying to buy the assets of his former company out of bankruptcy, according to new court filings and a person familiar with the matter. Nikola filed for Chapter 11 bankruptcy protection in February and has said it hopes to sell
Nikola founder Trevor Milton wants to buy the bankrupt startup’s assets Read More »
Wedbush Securities analyst Dan Ives slashed his price targets for Apple and Tesla over the weekend as President Trump’s tariffs threaten to disrupt both businesses. “The tariff economic Armageddon unleashed by Trump is a complete disaster for Apple given its massive China production exposure,” Ives said in a warning note over the weekend. “In our
Analyst says Apple, Tesla have biggest exposure to Trump’s tariffs Read More »
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Over the 13 years reporting on Tesla and its CEO, Elon Musk, I have watched the rise, fall, near misses, and rise again of the company and
Tesla trade-ins in the U.S. are at an all time high as some owners become disillusioned with Elon Musk’s politics, and some just want to avoid their car getting keyed by Musk haters. Automakers are pouncing on the opportunity. Polestar, Lucid Motors, Volvo, and Ford — which have long trailed Tesla in EV sales —
Automakers jump on Tesla’s brand woes with discount EV offers Read More »
Elon Musk has long been credited with turning Tesla into a beacon of innovation, the visionary who pushed the world into an era of electrification. But his slide into politics – specifically his alignment with President Trump and activities within the federal government – has dragged Tesla into uncertainty. For many would-be Tesla buyers, the
Elon Musk took a chainsaw to the US government. Tesla is taking the hit. Read More »
Redwood Materials has been on an expansion tear in recent years — growth that has extended the lithium-ion battery recycling and materials startup’s footprint well beyond its Carson City, Nevada headquarters as it locked up deals with Toyota, Panasonic, and, GM, started construction on a South Carolina factory, and made an acquisition in Europe. And
Redwood Materials preps for expansion spree with new R&D center in San Francisco Read More »
