Transportation Archives - Page 10 of 10

A rising EV startup star snags $100M and Tesla’s win-lose federal funding moment

January 16, 2025

August 10, 2024

Elon Musk doesn’t want Tesla to be just an automaker. He wants Tesla to be an AI company, one that’s figured out how...

China’s autonomous vehicle startup WeRide prepares for a US IPO

August 9, 2024

WeRide, a Chinese autonomous vehicle company, is officially gearing up for a U.S. public debut, over a year after China started easing its...

Archer to set up air taxi network in LA by 2026 ahead of World Cup

August 9, 2024

Los Angeles is notorious for its back-to-back traffic. Three events that promise to bring in millions of spectators from around the world —...

Ola Electric surges in India’s biggest listing in two years

August 9, 2024

Ola Electric, the largest electric two-wheeler maker in India, jumped as much as 14.4% on its public debut Friday in what is the...

Rivian lost $1.46B in Q2 as it drives toward a VW-linked future

August 6, 2024

Rivian’s financial losses have crept up as it pushed out the last of its first-generation R1 trucks and SUVs in favor of newer,...

Lucid pumps $1.5B from Saudi wealth fund after CEO warned relying on its ‘bottomless wealth’ was ‘dangerous’

August 5, 2024

Saudi Arabia is committing even more money to Lucid Motors as the EV startup struggles to erase its losses. Lucid announced Monday as...

Tesla Dojo: Elon Musk’s big plan to build an AI supercomputer, explained

August 3, 2024

For years, Elon Musk has talked about Dojo — the AI supercomputer that will be the cornerstone of Tesla’s AI ambitions. It’s important...

Self-driving truck startup Aurora Innovation raises $483M in share sale ahead of commercial launch

August 3, 2024

Self-driving technology company Aurora Innovation was hoping to raise hundreds of millions in additional capital as it races toward a driverless commercial launch...

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