Rebecca Bellan
Zeekr, the luxury electric vehicle brand under China’s Geely, is gearing up to list its shares publicly in the U.S., according to a regulatory filing submitted Thursday. The filing shows widening losses between the first halves of 2023 and 2022, and describes the risk of Beijing influencing Zeekr’s...
California regulators have issued an order to halt the implementation of Cruise’s permit to charge for robotaxi rides across San Francisco 24/7 as they consider the city’s request for a redo of the hearing that granted the permit.
The action by the California Public Utilities Commission (CPUC) is in...
Lyft is introducing a “more affordable sort of higher-end ride” in an attempt to offer ride-hail products that customers actually want, CEO David Risher said Wednesday during the company’s third-quarter earnings call.
The move comes after Lyft has been successful, by some metrics, in regaining market share from Uber...
Gogoro, the Taiwanese two-wheeler battery swapping giant, says that its smart electric scooters can now be unlocked and turned on via a key in a rider’s Apple Wallet on their iPhone or Apple Watch. Vehicle owners will also be able to share their scooter key with other iOS...
Cruise is pausing production of its purpose-built robotaxi, the Origin — the autonomous vehicle company’s latest setback amid suspended operations and increased scrutiny from regulators.
Forbes first reported the news, citing audio of Cruise CEO Kyle Vogt’s address at an all hands meeting Monday. TechCrunch has confirmed the news...
Electric mobility startup Revel is officially shutting down its shared moped business in New York City and San Francisco, according to a company-wide email that CEO and co-founder Frank Reig sent Friday. TechCrunch has viewed the email.
San Francisco and New York were Revel’s last two moped sharing markets....
Uber and Lyft have agreed to pay drivers in New York a combined $328 million to settle wage-theft complaints. The settlement is the result of state attorney general Letitia James’ investigation into whether the companies collected certain fees and taxes from drivers rather than passengers.
The investigation also looked...
Supply chain logistics platform Flexport is acquiring the assets of shuttered digital freight network Convoy, according to a memo Flexport CEO Ryan Peterson sent to staff Wednesday.
Flexport will restore Convoy’s trucking logistics services for customers in the coming weeks, reads the memo, shared by Freight Waves. Peterson said...
Volkswagen’s software unit Cariad will delay the launch of its new software architecture yet again as it deals with a large round of layoffs.
Just three years after VW created Cariad, and only six months after an executive shakeup, the unit has planned to cut 2,000 jobs, German publication...
X posts that are corrected by Community Notes, the platform’s crowd-sourced fact-checking system, will become “ineligible for revenue share,” Elon Musk said Sunday.
“The idea is to maximize the incentive for accuracy over sensationalism,” he wrote.
The billionaire executive also noted that any attempts to “weaponize Community Notes to demonetize...