Rebecca Bellan
Cruise is planning to build a winterized version of the Origin, the company’s autonomous vehicle model that is purpose-built without a steering wheel or pedals.
“A couple of years from now, we’ll have a new version of our vehicles coming out that is adapted for cold weather,” said Cruise...
The United Autoworkers Union (UAW) will go through with threats to strike against the Big Three automakers — Ford, General Motors and Stellantis — after both sides failed to reach a deal. This is the first time in history that all three automakers have been hit by strikes...
The European Commission is considering imposing punitive tariffs to protect European Union automakers against cheaper Chinese electric vehicle imports, which the agency says benefits from state subsidies.
“Global markets are now flooded with cheaper electric cars,” said European Commission President Ursula von der Leyen during her annual address to...
An image of a Cybertruck-inspired Tesla robotaxi concept was revealed in the new Elon Musk biography by Walter Isaacson that launched Tuesday.
The two-door, two-seater, “Cybertruck-like” compact vehicle is complete with angular edges and what looks like a fingerprint-inducing stainless steel finish. And while it’s unclear if this will...
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Your usual host Kirsten Korosec is still away, so you have me for one more week. Let’s jump in.
U.S. policymakers and agencies...
Tesla’s stock is worth more than that of Ford, General Motors, Toyota, Volkswagen and Stellantis combined. Even though Tesla is an automaker, it’s valued as more of a tech company, with a share price that puts it in the camp of companies like Apple, Nvidia and Microsoft.
But that...
Aurora Innovation, the self-driving technology company that aims to launch an autonomous trucking business in 2024, has completed a capital raise of $820 million from a public and concurrent private offering of its stock. The company expects the deal to close Friday.
The stock sale will help fund Aurora...
Cruise, the self-driving arm of General Motors, has begun initial testing and data collection in Miami, the company said in a tweet Wednesday.
“Phase 1 is to familiarize our fleet with additional, diverse road conditions while collecting data,” the company said.
Cruise declined to provide any further information, like what...
Farizon, a maker of hybrid and electric trucks owned by China’s Geely, has closed a $600 million Series A raise, the company said in a statement. The Hangzhou-based company plans to use the funds to expand its operations outside of China.
A key focus for Farizon’s expansion will be...
Tesla reported Wednesday net income of $2.7 billion in the second quarter, up 20% from the same period last year as once again, the company’s EV price cuts dug into profits. The automaker has repeatedly reduced the cost of its four EV models in the United States, Mexico,...
