Transportation

Fisker bankruptcy hits major speed bump as fleet sale is now in question

Fisker’s Chapter 11 bankruptcy has hit a major snag, as the company buying the startup’s remaining fleet of electric SUVs says it might not complete the purchase because of a surprising technical issue. The buyer, a New York-area leasing company called American Lease, says in a new filing that Fisker now believes there is no

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Alaska Airlines’ venture lab spins out its first startup: Odysee

Odysee CEO Steve Casley sees dollar signs in data. Or more specifically, AI-powered software that can analyze reams of data to help commercial airlines get the most out of its complex flight schedules. Odysee, the first startup born out of an aviation-focused venture lab formed by Alaska Airlines and UP.Labs, is doing just that. The

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India regulator issues notice to Ola Electric over consumer rights concerns

The Central Consumer Protection Authority, India’s consumer rights regulator, has sent a show-cause notice to Ola Electric over alleged violation of consumer rights, escalating troubles for the leading electric vehicle maker whose shares dropped 9% earlier on Monday, The notice, issued on Monday, gives the Bengaluru-headquartered firm 15 days to respond to allegations that include

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Tesla’s head of vehicle programs jumps to Waymo ahead of robotaxi reveal

Tesla has lost a top executive to Waymo in the lead-up to the EV maker’s robotaxi unveiling on Thursday.  Daniel Ho, Tesla’s former head of vehicle programs and new product integration, last week announced his new role as programs director at Waymo.  Ho, who previously reported directly to Tesla CEO Elon Musk, oversaw the development

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Fisker’s plan to make owners pay for recall repairs is illegal, DOJ says

The U.S. Department of Justice says bankrupt EV startup Fisker’s plan to make owners pay for labor costs related to multiple recalls is illegal, according to a new filing. The DOJ, writing on behalf of the National Highway Traffic Safety Administration (NHTSA), said in a filing submitted to Fisker’s bankruptcy docket Monday that the “scheme”

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Lucid Motors sets third straight quarterly sales record ahead of Gravity SUV launch

Lucid Motors has now officially sold more EVs this year than it did in all of last year, and with three months to go in 2024. The milestone comes after Lucid announced Monday it delivered 2,781 vehicles in the third quarter of 2024. That’s a third straight record quarter for deliveries, though Lucid is still

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Ola Electric stock tumbles as complaints ratch up, and market share erodes

Indian electric vehicle maker Ola Electric’s customers aren’t happy with its service and scooters, and it’s affecting the company’s stock and market share. The company’s shares fell by as much as 9.1% on Monday to ₹89.14, sending its market cap below $4.75 billion for the first time since its IPO in August. The company’s shares

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