Sean O'Kane
Tesla CEO Elon Musk has said that lidar sensors are a “crutch” for autonomous vehicles. But his company has bought so many from Luminar that Tesla is now the lidar-maker’s top customer.
Tesla accounted for “more than 10%” of Luminar’s revenue in the first quarter of 2024, or a little...
The pandemic ushered in an e-bike boom. But like so many other pandemic trends, that boom didn’t last.
The last year has seen e-bike startups VanMoof and Cake file for bankruptcy amid a backdrop of micromobility doom and gloom. Tier and Dott merged. Superpedestrian closed up shop. Bird also had...
Lucid Motors’ senior vice president of digital Mike Bell has resigned from his position. The company said in a filing Monday that the longtime Apple and Intel executive’s resignation is “effective immediately, in order to pursue other opportunities.”
Lucid says Bell will serve in an advisory role through mid-August to...
Lidar company Luminar is slashing its workforce by 20% and will lean harder on its contract manufacturing partner as part of a restructuring that will shift the company to a more “asset-light” business model, as it aims to scale production.
The cuts will affect around 140 employees, and are starting...
Rivian is getting $827 million in incentives from the state of Illinois to support building its next-generation electric vehicle, known as the R2.
The company announced Thursday that the State of Illinois Department of Commerce and Economic Opportunity will dole out the funds to help expand its existing factory in...
EV startup Fisker Inc. is laying off more employees to “preserve cash,” one week after warning investors it would have to make cuts to stave off impending bankruptcy, according to an internal email viewed by TechCrunch.
Founder and CEO Henrik Fisker told employees Monday morning in the email that the...
Federal safety regulators have opened an investigation into Ford’s hands-free driver assistance system, BlueCruise, after it was active during two recent crashes into stationary vehicles that killed multiple people.
The National Highway Traffic Safety Administration’s Office of Defects Investigation (ODI) said Monday that it has confirmed BlueCruise was active in...
The National Highway Traffic Safety Administration closed a long-standing investigation into Tesla’s Autopilot driver assistance system after reviewing hundreds of crashes involving its misuse, including 13 that were fatal and “many more involving serious injuries.”
At the same time, NHTSA is opening a new investigation to evaluate whether the Autopilot...
Tesla has officially revealed a new Performance variant of the recently-refreshed Model 3 sedan as the company looks to fight off receding demand.
The new version of the Model 3, which starts at $52,990, has a new active damping system and adaptive suspension for better handling and comfort, 296 miles...
Fisker says it’s planning more layoffs less than two months after cutting 15% of its workforce, as the EV startup scrambles to raise cash to stay alive. Fisker expects to seek bankruptcy protection within the next 30 days if it can’t come up with that money, according to a...
