Sean O'Kane
Electric motorcycle startup Cake filed for bankruptcy February 1, CEO Stefan Ytterborn has confirmed to TechCrunch.
The Swedish company was in the middle of a funding round, just prior to the filing, but apparently the withdrawal of an investor was what tipped the company over the edge, according to Swedish...
Snap and the Consumer Product Safety Commission (CPSC) are recalling the company’s discontinued Pixy drone and telling owners to stop using it or charging the batteries because of a fire hazard. This comes after the safety agency received “four reports of the battery overheating and bulging, resulting in one...
Tesla has been sued by 25 California counties alleging the automaker has repeatedly mishandled hazardous waste at facilities throughout the state. The lawsuit was filed after months of settlement talks apparently fell apart.
The complaint, filed in San Joaquin County Superior Court, states that Tesla improperly labeled and disposed of...
Commercial EV startup Arrival is being removed from the Nasdaq stock exchange as it speeds toward dissolution.
The company, which went public after merging with a special purpose acquisition company, announced Monday morning that the Nasdaq will suspend trading of Arrival shares January 30, followed by a formal delisting. Nasdaq...
Tesla will spend $500 million to build one of its so-called “Dojo” supercomputers at its Buffalo, New York factory, the state’s governor Kathy Hochul said Friday during a news conference just days after CEO Elon Musk called the project a “long shot.”
Tesla’s decision was “informed by New York’s reliable power...
The ousted founder of bankrupt EV startup Lordstown Motors has launched a new company called LandX Motors, that prominently displays the same electric pickup truck he once promised would beat Tesla, Ford and General Motors to market.
Steve Burns, a self-described “serial entrepreneur,” bought most of the remaining assets of...
Ten of TuSimple’s autonomous big rigs are set to be auctioned off later this month, just a few weeks after the self-driving trucking startup that went public in 2021 announced it was exiting the U.S. market.
The trucks, along with a slew of research and development equipment and office supplies,...
Hertz is selling off a third of its electric vehicle fleet, which is predominantly made up of Teslas, and will buy gas cars with some of the money it makes from the sales. The company cited lower demand for EVs and higher-than-expected repair costs as reasons for the decision.
The...
Kia is following up a strong year for its passenger EVs by sharing what it wants to do for businesses looking to go electric. The Korean automaker just unveiled at CES 2024 a forthcoming lineup of electric vans, trucks, ride-hailing and last-mile delivery vehicles all set to be built...
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 startup spent much of December aiming to meet an internal sales goal of between 100 and 200 vehicles a day...
