Canoo spent double its annual revenue on the CEO’s private jet in 2023
Tucked inside Canoo’s 2023 earnings report is a nugget regarding the use of CEO Tony Aquila’s private jet — just one of many expenses that illustrates the gap between spending…
TechCrunch Mobility: Fisker enters into dumpster fire territory and Tesla chases FSD revenue
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free.…
Furnished rental startup Blueground defies proptech woes with $560M in revenue, a new $45M raise
Alex Chatzieleftheriou founded Blueground in 2013 after being frustrated with the dearth of short-term furnished apartments in Europe. He had been traveling as a consultant for McKinsey, living almost exclusively…
Fisker lost track of millions of dollars in customer payments for months
Fisker temporarily lost track of millions of dollars in customer payments as it scaled up deliveries, leading to an internal audit that started in December and took months to complete,…
Bankrupt EV startup Arrival sold its assets to Canoo
Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing equipment to Canoo, another struggling startup trying to build and sell electric vehicles. The acquisition, which…
Fisker trading suspended by NYSE
The New York Stock Exchange said Monday it will immediately suspend trading shares of EV startup Fisker and is moving to take the company off its stock exchange. The exchange…
Lucid Motors raises another $1 billion from Saudi Arabia as it searches for luxury EV buyers
Lucid Motors is raising another $1 billion from its biggest financial backer, Saudi Arabia, as it looks to blunt the high costs associated with building and selling its luxury electric…
Pelikan Mobility is building a software-enabled commercial EV leasing solution
Chances are you may have noticed that many commercial vehicles are now electric vehicles — think about delivery vans, telecom minivans, utility maintenance trucks, etc. But there are still many diesel-powered…
India’s electric two-wheeler startups surge to over 150 as government revs up EV push
The number of startups in India’s electric two-wheeler market has surged to over 150 from 54 in 2021, driven by government incentives to promote clean vehicles and cut oil imports,…
Rivian starts offering adapters to access Tesla’s Supercharger network
Rivian customers can now request an adapter to tap into Tesla’s vast North American network of Superchargers, making it the second automaker to do so behind Ford. The company announced…
Rivian’s big bet, Waymo goes driverless in Austin and the Chevy Blazer EV returns
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free.…
Rivian’s new ‘treehouse’ rooftop tent comes with a movie projector
Rivian has a little cinematic surprise tucked in its new “treehouse” rooftop tent, one of the many accessories the automaker plans to sell alongside its next-generation R2 SUV and future…
GM resumes Chevy Blazer EV sales with new software and lower prices
General Motors has resumed sales of the Chevrolet Blazer EV — and at a cheaper price — more than two months after the automaker pulled the vehicle over software problems.…
The Rivian R2 SUV racks up 68,000 reservations a day after reveal
The Rivian R2, an all-electric sport utility vehicle that’s smaller and more affordable than the automaker’s flagship SUV, appears to be a hit with potential customers. At least, if the…
The 2024 all-electric Dodge Charger debuts with muscle car donuts, drifts and even a Hellcat rumble
Stellantis introduced Tuesday two all-electric versions of the Dodge Charger packed with the kind of features muscle car fans have come to expect — right down to a system that…
The Apple Car that never was: a timeline
Apple’s secretive car project died without ever seeing the light of day. It’s a fitting end, considering we’ve collectively spent the last decade aware of it without really knowing too…
Stellantis CEO dishes on Waymo, Rivian cuts staff and the great EV softening continues
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free.…
Florida man buys Cake’s remaining US inventory of electric motorbikes
The future of bankrupt electric motorbike startup Cake is still uncertain, but the majority of its U.S. inventory is going to a guy in Florida. Michael Joyce, who runs a…
Ford cuts prices on electric Mustang as demand softens for premium EVs
Ford is cutting prices of its all-electric 2023 Mustang Mach-E by has much as $8,100 as the automaker attempts to rid itself of inventory and compete with Tesla and its…
Faraday Future in danger of losing LA headquarters for failing to pay rent
Struggling EV startup Faraday Future owes the landlord of its Los Angeles headquarters nearly $1 million after missing the last two months’ rent, TechCrunch has learned. The landlord, Rexford Industrial,…
Fisker Ocean owners flagged sudden power loss and brake problems for months, internal documents show
On a typically sunny day in Los Angeles last June, Henrik Fisker choked up as he handed over his company’s first all-electric SUVs in the United States. “I’m really kind…
Ex-Tesla exec leading Ford skunkworks project to develop low-cost EV
Ex-Tesla and Ford Advanced EV development boss Alan Clarke is leading a Ford skunkworks project to develop a low-cost electric vehicle, TechCrunch has learned. Ford CEO Jim Farley made a…
China’s Xpeng is bringing its Tesla FSD equivalent to overseas owners
Xpeng, Tesla’s challenger from China, has its eye on the international market and plans to use its smart driving software as a selling point. The Guangzhou-based electric vehicle upstart said…
International Battery Company powers up with $35M funding to bridge EV gap in India
International Battery Company, a startup developing lithium-ion battery cells for electric vehicles, has raised $35 million as it plans to bridge the demand-supply gap in the growing EV market in…
EV charging startup Electra secures $330 million
It’s not often that you see a $300 million+ Series B round that is entirely in equity. And yet, Paris-based startup Electra just raised a a $330 million (€304 million)…
All the future of transportation tech that stood out at CES 2024
Another CES has come and gone and transportation was still one of the central actors on one of the world’s largest tech stages. It wasn’t just electric cars either that…
Hydrogen is back. At least, CES 2024 suggests it is.
Hydrogen has always been presented by automakers and politicians as an alternate clean-energy option for electric vehicles, but it’s never really caught on. Don’t tell anyone at CES 2024, though,…
WTF is a ‘software-defined vehicle?’
Like any good buzz phrase, “software-defined vehicle” is as straightforward as it is obtuse. If you’re trying to figure out what automakers and suppliers mean by this term — which…
EV startup Fisker struggling to meet internal sales goals, documents show
Fisker remains far from meeting CEO and founder Henrik Fisker’s publicly stated goal of delivering 300 electric SUVs per day globally, according to internal documents viewed by TechCrunch. The EV…
MIT scientists are working on a vibrating obesity pill
MIT likens a new vibrating capsule to drinking a glass full of water prior to eating. Dieticians recommend the latter as a method for sending to your brain to simulate…
Rivian deliveries slip 10% in Q4, raising demand questions
Rivian reported Tuesday it produced 17,541 vehicles at its Normal, Illinois factory and delivered 13,972 to customers in the fourth quarter, mixed results that left investors wary and sent shares…
How India will navigate EVs in 2024
India, a major player in the global automotive industry, has started focusing on transitioning to alternative fuels to curb pollution after expanding its consumer and vehicle bases and adding local…