Rad Power Bikes, the once dominant electric bicycle brand in the US, filed for Chapter 11 bankruptcy protection this week as it seeks to sell of its company. The move comes less than a month after Rad Power said it could not afford to recall its older e-bike batteries that had been designated a fire […]
Tesla could be temporarily locked out of its biggest US market if it doesn’t change deceptive marketing that exaggerates the self-driving capabilities of its cars, the California Department of Motor Vehicles warned on Tuesday, adopting the ruling of an administrative law judge. The DMV said Tesla’s use of terms like “Autopilot” and “Full Self-Driving” to […]
The judge ruled Tesla should have to suspend manufacturing and sales in California for 30 days, but the DMV stayed those rulings for 90 days to allow Tesla to comply.
It took Slate Auto about seven months to grow its customer list by 50%, but new reservations appear to be outpacing any cancelations.
Luminar says trouble with Volvo started as early as 2022, and that the Swedish automaker made — but then backed away from — large orders of its lidar sensors.
On Monday, nearly two dozen states, plus the District of Columbia, filed an amended complaint in the FTC’s lawsuit against Uber. According to the lawsuit, Uber charged consumers for the Uber One subscription without their consent, billed them before the end of a free trial, and shared misleading claims about how much consumers can save […]
Ford will invest about $2 billion into the new business over the next two years.
The company is abandoning plans for a brand new all-electric pickup truck codenamed “T3” and ending production of the battery-only Lightning.
Ford announced a series of changes to its gas- and electric-powered vehicle business aimed at dramatically increasing hybrid vehicle production in the face of slowing EV sales. The automaker also will introduce some new products as part of this plan, including an extended-range EV version of its F-series truck and battery storage systems to meet […]
Luminar, the lidar manufacturer that rode a wave of self-driving car hype to land deals with major automakers like Volvo and Mercedes-Benz, filed for bankruptcy Monday. The company has been mired in a legal fight with its founder and former CEO, Austin Russell, who was ousted earlier this year following an ethics inquiry. As part […]