Transportation

Boeing’s Wisk Aero buys Verocel to boost software safety for self-flying eVTOL

Wisk Aero, a subsidiary of Boeing, has acquired Verocel, a software verification and validation company with 25 years of experience in the aerospace industry.  Wisk has an autonomous-first approach to eVTOL. The company’s Generation 6 aircraft, which is slated to begin airborne tests this year, is designed to be supervised by humans, but not physically […]

Boeing’s Wisk Aero buys Verocel to boost software safety for self-flying eVTOL Read More »

Uber Freight and self driving trucks startup Aurora partner for the long haul

Uber Freight and Aurora Innovation have announced a multi-year collaboration that will see Aurora’s autonomous driving technology offered on the Uber Freight network through 2030.  The deal gives Aurora access to shipping customers as it prepares to launch its fully driverless commercial service later this year. It also helps Aurora also secure longer-term customers through

Uber Freight and self driving trucks startup Aurora partner for the long haul Read More »

Car dealership outages drag on after CDK cyberattacks

Software maker CDK says it will take “several days” to bring its systems back online following back-to-back cyberattacks, as car dealerships and auto shops around the U.S. reliant on the company’s software enter a second week of disruption. In a statement, CDK spokesperson Lisa Finney confirmed that the company has “begun the restoration process” of

Car dealership outages drag on after CDK cyberattacks Read More »

The fight over Fisker’s assets is already heating up

Fisker is just a few days into its Chapter 11 bankruptcy, and the fight over its assets is already charged, with one lawyer claiming the startup has been liquidating assets “outside the court’s supervision.” At issue is the relationship between Fisker and its largest secured lender, Heights Capital Management, an affiliate of financial services company

The fight over Fisker’s assets is already heating up Read More »

E-fuels startup Aether Fuels is raising $34.3 million, per filing

Aether Fuels has raised $30.4 million of a $34.3 million round, according to an SEC filing. The e-fuels startup is working on producing fuel for aviation and maritime shipping using carbon dioxide and other waste carbon streams. The new round would give the company’s bank account a healthy bump; Aether Fuels had previously raised $8.5

E-fuels startup Aether Fuels is raising $34.3 million, per filing Read More »

Fisker faced financial distress as early as last August

Fisker was facing “potential financial distress” as early as last August, according to a new filing in its Chapter 11 bankruptcy proceeding, which the EV startup initiated earlier this week. The admission provides a clearer picture of Fisker’s troubles in 2023 as it struggled to ramp up deliveries of its flagship Ocean SUV, despite CEO

Fisker faced financial distress as early as last August Read More »

Cruise clears key hurdle to getting robotaxis back on roads in California

Cruise, the self-driving subsidiary of General Motors, has agreed to pay a $112,500 fine for failing to provide full information about an accident involving one of its robotaxis last year. The settlement with the California Public Utilities Commission (CPUC) not only avoids litigation, it puts Cruise in a position to restart operations in the state.

Cruise clears key hurdle to getting robotaxis back on roads in California Read More »

US car dealerships face ongoing outage after CDK cyberattacks

Auto retailers and car dealerships across the U.S. are facing another day of outages after a second cyberattack hit tech company CDK Global, which develops software used for managing auto customers and their vehicles. In a message from CDK sent to customers Thursday, the company said the additional cyberattack late Wednesday may result in extended

US car dealerships face ongoing outage after CDK cyberattacks Read More »