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Uber-rival BluSmart investors propose resolution with $30M backing for its revival

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A group of investors are considering a plan to inject another $30 million into BluSmart in a bid to revive the Indian cab-hailing startup that abruptly halted operations last month, TechCrunch has learned. The proposal from these existing investors has a catch: its contingent on BluSmart co-founder Anmol Singh Jaggi agreeing to resign. The proposed […]

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Uber invests $100M in WeRide to fuel robotaxi expansion across 15 more cities

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Uber and Chinese autonomous vehicle technology company WeRide plan to expand a commercial robotaxi partnership and bring the service to another 15 cities over the next five years. The expansion comes five months after the two companies launched a commercial robotaxi service in Abu Dhabi.  As part of that expansion, Uber will increase its investment into

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Mitsubishi in talks to source its new EVs for Australia, New Zealand from Foxconn unit

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Mitsubishi Motors is in talks with Taiwan-based Foxconn’s electric vehicle division to source an OEM electric car model that the Japanese automaker plans to sell in Australia and New Zealand in the latter half of 2026. Mitsubishi said on Wednesday that it had signed a memorandum of understanding with Foxtron Vehicle Technology to develop the

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Rivian earnings: EV maker cuts delivery guidance because of Trump’s tariffs and trade wars

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Rivian said in its earnings report Tuesday it will likely deliver fewer vehicles this year than previously forecasted due to President Trump’s tariffs and other regulatory changes, making it the latest automaker to be affected by the new administration’s chaotic economic policies. The company said Tuesday it expects to deliver between 40,000 and 46,000 EVs

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Rivian cuts delivery guidance because of Trump’s tariffs and trade wars

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Rivian says it will likely deliver fewer vehicles this year than previously forecasted due to President Trump’s tariffs and other regulatory changes, making it the latest automaker to be affected by the new administration’s chaotic economic policies. The company said Tuesday it expects to deliver between 40,000 and 46,000 EVs by the end of 2025.

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Uber turns to Chinese companies to snap up robotaxi market share in Europe, Middle East

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Uber announced its third partnership with a Chinese autonomous vehicle company this week, revealing the ride-hail and delivery giant’s appetite for global domination in the emerging robotaxi sector. Uber said Tuesday it would work with Guangzhou-based Pony AI, which late last year went public on the Nasdaq at a $5.25 billion valuation, to launch robotaxis

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Can the Cadillac Celestiq EV make GM’s luxury brand great again? Don’t rule it out

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Nearly three years after unveiling the concept version of the flagship Cadillac Celestiq EV, GM has finally released the real thing: a $360,000 electric vehicle that oozes luxury and a come-gawk-at-me exterior designed to lure in passersby. But is this bespoke EV enough for Cadillac to regain its position as the “Standard of the World?”

Can the Cadillac Celestiq EV make GM’s luxury brand great again? Don’t rule it out Read More »

Can the Celestiq EV make Cadillac great again? Don’t rule it out

Transportation /

Nearly three years after unveiling the concept version of its flagship Celestiq EV, Cadillac has finally released the real thing: a $360,000 electric vehicle that oozes luxury and a come-gawk-at-me exterior designed to lure in passersby. But is this bespoke EV enough for Cadillac to regain its position as the “Standard of the World?” I

Can the Celestiq EV make Cadillac great again? Don’t rule it out Read More »