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Lucid Motors cuts 18% of workforce as new CEO dismantles second production shift

Cars, Digital Marketing, Electric vehicle, Next Featured, SEO Tips, Technology /

Lucid Motors is cutting 18 percent of its workforce, roughly 1,500 employees, just four months after the EV maker laid off 12 percent of its staff. The company said Monday that it has also eliminated the second production shift at its factory in Casa Grande, Arizona, and scrapped the chief operating officer role entirely. The […]

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New York City has defeated Waymo, and the taxi lobby is the reason

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Waymo delivers more than 500,000 paid rides per week across 10 US cities, raised $16 billion in February, and is expanding internationally to Tokyo and London. It cannot operate in New York City. The reason is not technical, it is political. As the New York Times reported this week, opposition from local politicians, labor unions, […]

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BYD rejects claims it violated Hungary’s environmental rules at its Szeged EV factory

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BYD executive vice president Stella Li said the Chinese automaker has complied with all environmental regulations at its Szeged factory in Hungary, pushing back against allegations that the company violated its obligations during construction. Li made the comments at a press conference in Belgrade on Friday, where she met with Serbian President Aleksandar Vucic to […]

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Rivian sued for allegedly promising self-driving features its first-generation vehicles can never deliver

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Rivian is facing a class action lawsuit alleging it spent five years making false promises about the autonomous driving capabilities of its first-generation R1T truck and R1S SUV. The complaint, filed Wednesday in the US District Court for the Central District of California, claims Rivian represented that its flagship vehicles would be capable of hands-free, eyes-off driving, […]

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BMW slashes profit forecast as China’s EV makers squeeze European carmakers on two fronts

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BMW on Tuesday cut its full-year profit forecast for the car business, lowering its expected automotive EBIT margin to a corridor of 1 to 3 per cent from prior guidance of 4 to 6 per cent. The company blamed an accelerating decline in the Chinese market and the widening economic fallout from the conflict in the Middle […]

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Ford pivots its Kentucky battery plant from EVs to AI data centre storage in a $2 billion bet

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Ford has launched Ford Energy, a wholly owned subsidiary that will manufacture large-scale battery energy storage systems for utilities, data centres, and industrial customers. The company has committed roughly $2 billion to the operation, which repurposes a Kentucky plant originally built for electric vehicle batteries. The subsidiary is led by Lisa Drake, who reports directly to Ford […]

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Waymo issues its sixth recall after robotaxis drove into highway construction zones 13 times

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Waymo has issued its sixth recall, covering nearly 4,000 robotaxis that drove into highway construction zones at least 13 times across two cities. Six incidents occurred in Phoenix in April. Seven happened in the San Francisco Bay Area on a single day in May. A fix is “currently under development,” according to NHTSA filings. The […]

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Europe’s carmakers are pivoting to defence as EV demand slows and military budgets soar

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Four European automakers announced military vehicle partnerships in the past week. Ineos is bidding for a UK Ministry of Defence contract. Daimler Truck launched a dedicated defence brand. Renault partnered with Thales for armoured vehicles. Mercedes-Benz teamed up with a German startup to build anti-drone platforms. The European car industry is retooling for rearmament. Ineos […]

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Uber’s robotaxi service is heading to Houston to take another swing at Waymo

Artificial Intelligence, Cars, Digital Marketing, Electric vehicle, Self-driving, SEO Tips, Technology, United States /

Uber is taking its robotaxi service to Houston. The company said on 17 June that it will launch a premium driverless service in the city by mid-2027, the second US market for its partnership with EV maker Lucid and self-driving startup Nuro. It is also the clearest sign yet of how Uber intends to fight […]

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Mobileye puts self-driving tech in 230 million cars. Now it wants to run its own robotaxis.

Artificial Intelligence, Cars, Digital Marketing, Ride-share, Self-driving, SEO Tips, Technology, United States /

For 25 years, Mobileye has been the arms dealer of self-driving, selling the cameras, chips, and software that now sit inside more than 230 million cars, while pointedly leaving the driving business to everyone else. On 16 June, it said it would start doing the driving itself. The Jerusalem company announced plans to launch its […]

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