EVs
Electric vehicles are having a shaky trip so far. Tesla, the biggest name within the space, has substantially cut its workforce as demand slows and the Cybertruck’s launch stalls. And it’s not alone: Newer companies like Faraday Future and Rivian are struggling to establish themselves, and established automakers like GM and Toyota face challenges meeting sales targets for their EVs. TechCrunch deeply covers the space, from the vehicles hitting the roads to the turbulence at EV makers like Fisker.
Tesla’s been undergoing some major changes, and now we have a sense of why: The company says it is upending its product roadmap because of “pressure” on EV sales. The…
Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy and “several unforeseen challenges” cut into the automaker’s bottom…
Two high-profile executives have departed Tesla the same day that the electric automaker laid off thousands of workers, TechCrunch has confirmed. Drew Baglino, Tesla’s SVP of Powertrain and Energy, and…
The New York City-based startup has been working on a product that retrofits existing street lampposts to enable EV charging.
Two internal whistleblowers at Faraday Future claim the troubled EV company has been lying about some of the few sales it has announced to date. They also claim founder Jia…
Given flagging sales of the company’s existing product line, a mass-market electric vehicle would be a welcome shot in the arm.
Lucid Motors delivered more EVs in the first quarter of 2024 than it has in any other quarter, though it set the record by a very slim margin. The Saudi-backed,…
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TechCrunch Mobility: Apple layoffs, an EV price reckoning and another Tesla robotaxi promise
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Automakers reported auto sales for Q1 and, welp, turns out that pricing sure does…
Just hours after Elon Musk claimed Reuters was “lying” about Tesla’s plans to ditch its $25,000 low-cost EV and instead focus all its efforts on a robotaxi, the Tesla CEO…
Tesla is reportedly abandoning its plan to build a lower-cost EV, thought to be priced around $25,000, according to Reuters, despite that vehicle’s status as a pivotal product for the…
Tesla is dropping prices of unsold Model Y SUVs in the U.S. by thousands of dollars in an attempt to clear out an unprecedented backlog of inventory. Many long-range and…
Ford delays new EVs once more, showing why legacy automakers need to adopt a startup mentality
Ford is unusual in that it performs best when thinking like a startup, something it appears to have taken to heart recently, EV delays notwithstanding.
Faraday Future has avoided getting evicted from its Los Angeles headquarters — for the time being. The troubled EV startup reached an agreement April 2 with its landlord, Rexford Industrial,…
The National Highway Traffic Safety Administration has opened a third investigation into EV startup Fisker’s Ocean SUV, this time centered on problems getting the doors to open. The NHTSA’s Office…
Rivian has a challenging year ahead — and the first quarter is off to a tepid start. The EV startup announced Tuesday that it built 13,980 vehicles and delivered 13,588…
Tesla just turned in one of its more disappointing first quarters for deliveries in a while, and the company is putting some of the blame on an arson attack at…
Ionobell, a seed stage startup, claims its silicon material will be cheaper than the established competition.
Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing equipment to Canoo, another struggling startup trying to build and sell electric vehicles. The acquisition, which…
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TechCrunch Mobility: The wheels are starting to come off the Fisker EV bus
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Before we…
Chances are you may have noticed that many commercial vehicles are now electric vehicles — think delivery vans, telecom minivans, utility maintenance trucks, and so on. But there are still…
Owners of aging EVs aren’t exactly flush with options if something breaks after the original warranty expires. One Bay Area startup called Amber thinks it can help them navigate that…
TechCrunch Minute: EV makers are struggling, and Fisker’s in a particularly precarious position
Fisker’s finances are back in the news after the company warned in February that it didn’t have enough cash to make it through its next year. The company said this…
The great EV boom is fading a bit, but that’s not a concern if you take a long-enough view. Sure, Tesla expects slower growth for its car sales this year,…
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Uber CEO outlines plans for increasing driver EV access, reducing emissions at SXSW
Uber’s future will be greener, more affordable, and able to challenge Amazon at its own rapid delivery game, CEO Dara Khosrowshahi predicted while onstage this week at SXSW. His vision, which he charted out during an interview with city of Austin mayor Kirk Watson, isn’t entirely new. The company made…
Lucid Motors is at risk of losing the trademark for the name of its Gravity SUV, just months before the company is supposed to start production. Google Ventures-backed EV charging…
Troubled EV startup Faraday Future has issued its first recall, covering all 11 vehicles it built last year, as it fights to hold onto its Los Angeles headquarters. The recall…
Rivian just surprise-announced an all-electric hatchback called the R3 — giving the company a big Apple-esque “one more thing” announcement at the event that was ostensibly supposed to be all…
The current-generation AI technology is the tech equivalent of a toddler, and all the mediocre reviews various GenAI software is getting is tantamount to judging a fish by its ability…
Lordstown Motors charged with misleading investors about the sales potential of its EV pickup
The Securities and Exchange Commission has charged bankrupt Lordstown Motors with misleading investors about the sales prospects of its Endurance electric pickup truck. Lordstown has agreed to pay $25.5 million…
Fisker is laying off 15% of staff and says it needs more cash ahead of a ‘difficult year’
Electric vehicle startup Fisker is planning to lay off 15% of its workforce and says it likely does not have enough cash on hand to survive the next 12 months.…
