EVs

Mitsubishi backs Ample’s radical approach to charging EV batteries

Transportation /

Startup Ample is on a mission to convert commercial fleets into believers in the power of electric vehicle battery swapping technology.   The company has spent the last three years piloting its electric vehicle battery swapping technology in San Francisco, Madrid, and Japan. Now, Ample is preparing to turn some of those pilot customers into commercial […]

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The $7,500 EV tax credit is on Trump’s chopping block

Transportation /

Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act. Now, it seems President-elect Donald Trump’s transition team has made that a priority with plans to end the tax credit as part of broader tax reform legislation, Reuters reported citing two unnamed sources. TechCrunch has confirmed the

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The Rivian-Volkswagen joint venture deal is now up to $5.8B

Transportation /

Rivian and Volkswagen Group have finalized a multi-billion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in the coming years. Volkswagen will invest up to $5.8 billion by 2027, about 16% more than when the deal was first announced in June. Volkswagen

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Rivian takes major revenue hit as supplier problem persists

Transportation /

Rivian reported Thursday revenue of $874 million in the third quarter — more than 12% lower than analysts estimates — as the EV startup struggled to resolve a component shortage that disrupted production of its recently overhauled flagship R1S and R1T vehicles.  Last month, Rivian lowered its annual production guidance to 47,000 to 49,000 vehicles

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Lucid Motors starts taking orders for its existential Gravity SUV

Transportation /

Lucid Motors has officially started taking orders for its electric Gravity SUV, a critically important vehicle that’s supposed to go into production by the end of this year. Interested buyers can now place $1,000 refundable deposits on the “Grand Touring” trim, which starts at $94,900, on the company’s website. Similar to the company’s current model,

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Canoo’s CFO and top lawyer are the latest executives to leave

Transportation /

EV startup Canoo has lost its chief financial officer and its head lawyer, the latest in a string of executive departures as the company continues to struggle to find mass adoption of its electric work vans. CFO Greg Ethridge and general counsel Hector Ruiz both resigned from Canoo on October 31, the company announced Tuesday

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Ford pauses F-150 Lightning production as Tesla Cybertruck heats up

Transportation /

Ford will pause production of its F-150 Lightning electric pickup truck starting in mid-November for almost two months as it struggles with decreased demand, increased competition, and losses in its electric vehicle business.  “We continue to adjust production for an optimal mix of sales growth and profitability,” a Ford spokesperson told TechCrunch. The news was

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Rivian’s chief software officer says in-car buttons are ‘an anomaly’

Transportation /

The trend of big touchscreens in cars has left many yearning for the not-so-distant days when most user interactions happened with physical buttons. But Rivian’s chief software officer Wassym Bensaid believes using buttons in a car is an “anomaly.” “It’s a bug. It’s not a feature,” Bensaid said Wednesday at TechCrunch Disrupt 2024. “Ideally, you

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