Rivian gets another B from Volkswagen

Rivian gets another $1B from Volkswagen

Winter testing has been completed for the VW ID.EVERY1, the first vehicle under a joint venture between Rivian and Volkswagen Group to be equipped with the EV maker’s software and electrical architecture. That’s not just progress toward getting this vehicle into customers’ hands; it also unlocks another $1 billion investment from Volkswagen Group into Rivian….

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A little-known Croatian startup is coming for the robotaxi market with help from Uber

A little-known Croatian startup is coming for the robotaxi market with help from Uber

Mate Rimac, the founder of Croatian electric vehicle maker Rimac Group, started working on electric robotaxis seven years ago. Now, part of his vision is coming to fruition through a strategic partnership between Uber, Chinese autonomous vehicle company Pony.ai, and his own robotaxi startup Verne. The three companies announced plans Thursday to launch a commercial…

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The SEC drops its four-year-old investigation into EV startup Faraday Future

The SEC drops its four-year-old investigation into EV startup Faraday Future

The Securities and Exchange Commission has closed its investigation into electric vehicle startup Faraday Future, despite SEC staff on the case recommending an enforcement action last year, TechCrunch has learned. Four sources familiar with the investigation, who were granted anonymity to speak about the government case, told TechCrunch that the SEC informed the company and…

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Travis Kalanick reportedly starting a new self-driving company backed by Uber

Travis Kalanick reportedly starting a new self-driving company backed by Uber

Travis Kalanick is reportedly starting up a new self-driving vehicle company with “major backing” from Uber, according to The Information. He has reportedly told people he “wants to be more aggressive in rolling out self-driving technology than Waymo,” per the report. The Uber founder is also considering acquiring Pronto, the autonomous vehicle startup focused on…

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