The California Department of Motor Vehicles approved an amendment to Waymo’s existing deployment permit Wednesday to include driverless, as well as drivered, operations. Now, Waymo will be able to charge […]
Transportation
Trending topics and news from the Transportation category
Back to news homeLyft-backed plan to fund electric cars flops in California
California voters shot down a plan to make electric vehicles more affordable for some residents, dealing a blow to Lyft and the EV industry alike. Proposition 30 would have taxed […]
Elon Musk sells 19.5 million Tesla shares worth almost $4 billion
Tesla CEO Elon Musk is selling millions of Tesla shares again. The celebrity executive disposed of 19.5 million shares Tuesday, which is worth about $3.95 billion, according to three filings […]
Musk’s $56 billion Tesla pay deal goes to trial amid Twitter overhaul
As if Elon Musk didn’t have enough on his plate, the world’s richest man is headed to court next week to defend his $56 billion Tesla pay package. Richard Tornetta, […]
Lyft takes $135.7 million hit on Argo AI shutdown
Ride-hailing company Lyft lost $135.7 million in the third quarter due to the shutdown of autonomous vehicle company Argo AI, in which Lyft had a small stake. Late last month, […]
Foxconn invests another $170M into EV SPAC Lordstown Motors
Taiwanese manufacturer Foxconn is increasing its investment in EV startup Lordstown Motors by buying $170 million in common stock and newly created preferred shares. Once the deal is complete, Foxconn […]
iPhone maker Foxconn and Saudi Arabia are going into the EV business
Saudi Arabia’s sovereign wealth fund has formed a joint venture with Foxconn to build and sell EVs, the latest move by the nation to meet its Vision 2030 goal of […]
EV-maker Arrival gets delisting warning from Nasdaq
Commercial electric vehicle company Arrival has gotten a warning from the Nasdaq Stock Market because its stock price is trading too low. The company issued a press release Thursday saying […]
India metro smart cards vulnerable to ‘free top-up’ bug
A smart card bug lets anyone ride the metro for free Jagmeet Singh 10 hours India’s mass rapid transit systems — or metro, as it’s known locally — rely on […]
Aurora says it has enough cash to commercialize autonomous trucks in 2024
Aurora Innovation said Wednesday it will have enough money to continue to develop its autonomous vehicle technology until mid-2024 just ahead of its commercial launch — an effort to assuage […]