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Although I grew up shifting my dad’s Chevrolet S-10 pickup truck from the passenger seat, I’m not exactly Chevy’s target market. I favor hatchbacks over cargo beds. But after tooling around Detroit for a day in the Silverado EV, I realized that Chevy might make a truck guy out of me yet. The Silverado EV drives,…
Tesla delivered more than 480,000 vehicles in the second quarter of this year, an increase of more than 120,000 from the first quarter, in a sign that the company is still able to attract new buyers for its EVs despite a downturn in the U.S. market. The company said Thursday that it built 451,758 in…
Micromobility company Lime has raised $167 million in its IPO. The nine-year-old scooter and bike company, which is backed by Uber, sold 6.68 million shares at $25 each, at the mid-point of its $24 to $26 price range. Shares started trading on the Nasdaq stock exchange under the ticker “LIME” on Wednesday afternoon, jumping around…
The Builders Stage is returning to TechCrunch Disrupt 2026, bringing together founders, startup operators, and investors for practical conversations on what it takes to build and scale successful companies. Hear from startup and venture leaders shaping the tech ecosystem, including Grant Lee, CEO and co-founder of Gamma; Leah Solivan, founder and general partner at Precedent.vc; Robby Stein, VP of…
Wayve, a U.K.-based self-driving tech startup, is allowing its employees to sell a portion of their vested equity. The $85 million tender offer — essentially a structured opportunity for employees to sell shares back to investors — is being led by the company’s existing and new investors at the company’s latest valuation of $8.5 billion….
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! A quick heads-up to readers: I will not publish an issue next week due to the…
Ford executives said they have hired 350 veteran engineers — some of them were former employees, while others had been working at suppliers — after artificial intelligence and automated systems failed to deliver the desired quality level. Bloomberg reports the company’s chief operating officer Kumar Galhotra told journalists that Ford had been “relying more and…
OpenAI is making yet another big, visible bet on India. It has appointed former Uber India and South Asia president Prabhjeet Singh as its first managing director for the country to scale its presence in what it has called its second-largest market after the U.S. Singh, who announced his resignation from Uber on Friday, will…
Tesla has settled a lawsuit connected to a fatal 2023 crash involving a vehicle using the company’s advanced driver assistance system known as Full Self-Driving. Bloomberg was first to report on the settlement. Terms were not disclosed. The lawsuit was filed against Tesla and the driver by the daughter of Johna Story, a 71-year-old woman…
Zoox has given its custom-built robotaxi a makeover — and not just to make it look sharper. The Amazon-owned company revealed Wednesday a series of upgrades to the comfort and function of its electric, autonomous vehicle based on rider feedback and ahead of what it hopes will be a commercial launch later this year. The…