Bankrupt EV startup Fisker is under investigation by the U.S. Securities and Exchange Commission, according to a new filing from the financial regulator. The SEC says in the filing it has sent multiple subpoenas to Fisker as part of the investigation, and that it may send more. The agency does not say what the investigation […]
Fisker faces SEC investigation as bankruptcy case drags on Read More »
When Also Capital managing partner Mike Annunziata walks around New York City these days, he sees lots of vans — and opportunity. It’s something he admits he never noticed until he met former SpaceX engineer Sam Shapiro, who is the founder of a new Detroit-based modular electric RV startup called Grounded. Sometimes, Annunziata told TechCrunch,
Detroit startup Grounded has a Lego-like way of designing EV vans for small businesses Read More »
Rivian says it will build fewer vehicles this year than it did in 2023, the result of a supply chain problem that popped up in the third quarter that has “become more acute in recent weeks.” The company did not specify what specific component is impacted. It only said that it is one shared by
Rivian deliveries fall as component shortage slows production Read More »
EV startup Canoo has been hit with two new lawsuits from suppliers linked to the drivetrains that power its electric vehicles, just weeks after the company kicked off a major reorganization that included the departure of its chief technology officer. Canoo has also parted ways with senior director of advanced vehicle engineering Christoph Kuttner, who
Canoo hit with two supplier lawsuits as last remaining co-founder leaves Read More »
Eighteen months ago, Ford triggered a transformation when the U.S. automaker locked in a deal to give owners of its EVs access to the Tesla Supercharger network. In a stunning shift, automaker after automaker — from GM and Hyundai to Rivian and Mercedes — followed suit. By the end of 2023, nearly every major automaker
Tesla Superchargers: GM, Ford, Rivian, and other EV brands with access Read More »
Funding for green hydrogen startups — particularly at the growth stage — has dipped. Hydrogen plants and fueling stations across the U.S. have shut down. And automakers and governments seem to be on the battery electric vehicle (BEV) buzz. And yet, BMW recently announced plans to work with Toyota to develop a hydrogen fuel-cell consumer
BMW says we need both battery and hydrogen EVs for a zero-emissions future Read More »
Rivian has revealed the first $10 million worth of grants from the Rivian Foundation, three years after the EV maker vowed the philanthropy would receive 1% of its equity to make the “natural world” a “stakeholder in our success.” The company launched Monday a website for the foundation that details 41 grantees who will collectively
Rivian reveals first $10M in grants for long-promised Rivian Foundation Read More »
Eighteen months ago, Ford triggered a transformation when the U.S. automaker locked in a deal to give owners of its EVs access to the Tesla Supercharger network. In a stunning shift, automaker after automaker — from GM and Hyundai to Rivian and Mercedes — followed suit. By the end of 2023, nearly every major automaker
Tesla Superchargers: GM, Ford, Rivian and other EV brands with access Read More »
Rivian has revealed the first $10 million worth of grants from the Rivian Foundation, just three years after promising to make the “natural world” a “stakeholder in our success.” The company launched a website for the foundation on Monday that details 41 grantees who will collectively receive just north of $10 million in funding. The
Rivian reveals first $10M in grants for long-promised Rivian Foundation Read More »
The White House issued a long-anticipated proposal Monday that would ban Chinese smart cars because internet-connected vehicles pose a national security risk. The proposal, made amid an escalating trade war, could affect U.S. automakers and suppliers that rely on certain hardware to enable connected vehicle systems. “This is both strategic political theater designed to head
First TikTok, now smart cars: How Biden’s new proposed ban will affect U.S. automakers Read More »
