April 29, 2022 Tesla lost more than $125 billion in market value on Tuesday after investors raised concerns that Musk might be forced to sell shares to fund his takeover of Twitter. The company's shares fell 12.2% from more...
April 28, 2022 Self-driving company Pony.ai has obtained a taxi license in China, allowing some of the company's driverless vehicles to charge fares. The company was licensed to operate 100 driverless vehicles in the Guangzhou city district of Nansha. more...
April 28, 2022 Despite rising prices, Tesla has continued to enjoy massive patronage from customers. The company's profit soared to $3.3 billion in Q2 2022. While production was affected by higher costs and COVID-19 restrictions, the company's deliveries were more...
April 28, 2022 Honda Motor has announced plans to cut production by almost 50% on two lines at one of its Japan factories in early May. The company identified COVID-19, supply chain issues as the reason for the more...
April 18, 2022 More than 50 gig workers have been killed while driving for companies like Uber, Lyft, and DoorDash since 2017. The report released by the advocacy group Gig Workers Rising identified a lack of support and more...
April 13, 2022 Chinese electric vehicle manufacturer Nio has halted car production to curb the spread of COVID-19. "Since March, due to reasons to do with the epidemic, the company's supplier partners in several places including Jilin, Shanghai, more...
April 13, 2022 Telsa boss Elon Musk has announced that the company will produce self-driving taxis with a futuristic look. The Tesla CEO also pointed out that the company will extend its "Full Self-Driving" to all North American more...
April 13, 2022 Car rental company Hertz Global Holdings has announced plans to buy up to 65,000 electric vehicles from Swedish electric vehicle manufacturer Polestar over a five-year period. Hertz announced that Polestar vehicles will be available in more...
February 23, 2022 General Motors (GM) and its self-driving car technology unit Cruise has sought approval from the National Highway Traffic Safety Administration (NHTSA) to allow the operation of vehicles that do not require human control. Cruise posted more...
January 10, 2022 General Motors has announced that its "Ultra Cruise" driver assistance feature will be powered by three chips from Qualcomm that will provide computing power for GM's all-electric flagship sedan, Celestiq. GM will provide the software more...
