Faraday Future faces potential SEC enforcement action after three-year probe
The troubled EV startup, its founder, and the founder’s nephew are all in the financial regulator’s crosshairs.
Transportation
Transit software startup Via confidentially files for an IPO
The transit software company, is finally taking the step into public markets with an IPO after abandoning the idea in 2021.
Meet the cement transport ship that makes cement ingredients while sailing
London-based Seabound has developed a carbon capture system that transforms CO2 from a ship’s engine into limestone, which Heidelberg Materials will use to make cement.
AV startup Pronto.ai acquires off-road autonomous vehicle rival SafeAI
Pronto.ai CEO Anthony Levandowski said the move is meant to help bolster his company’s ranks with like-minded talent and complimentary technology.
Uber is close to completing its quest to become the ultimate robotaxi app
Uber just announced a deal today with the company that runs one of the largest robotaxi fleets in China, as the ridehail giant nears its goal of becoming the world’s ultimate autonomous vehicle clearinghouse. Uber and Baidu said they are teaming up to deploy robotaxis in countries outside the US and China, with an initial […]
Lucid Motors will roll out hands-free highway driving this month
Lucid Motors joins the likes of Ford, General Motors, and Tesla in offering an advanced driver assistance system that allows for hands-free driving.
Uber’s latest robotaxi partner is China’s Baidu
Baidu is the latest addition to Uber’s growing list of autonomous vehicle partners, which includes Waymo, Volkswagen, May Mobility, and Pony AI.
Rivian taps Google to bring custom maps into its EVs and app
Rivian vehicles will soon replace its Mapbox-based maps with Google Maps. The integration will still see a lot of Rivian DNA in the new mapping system, though.
China’s Geely is officially bringing its luxury EV startup Zeekr private
China’s Geely Auto is officially taking its luxury EV subsidiary Zeekr private, just over a year after the company debuted on the New York Stock Exchange.
Joby Aviation doubles pilot eVTOL facility capacity as it races to launch air taxis
Joby Aviation has doubled the size and production capacity of its pilot manufacturing facility in Marina, California as it races to commercialize electric air taxis by early next year.