Transportation

Auto Added by WPeMatico

As EU waters down 2035 EV goals, electric startups express concern

The future may be electric, but that future is being postponed. The European Commission, citing the need for flexibility, has softened its ambitious plan to ban the sale of gas-powered cars by 2035. Instead of requiring 100% of new cars to be zero-emission vehicles by that date, the revised plan would allow 10% of new […]

As EU waters down 2035 EV goals, electric startups express concern Read More »

Rivian’s AI pivot is about more than chasing Tesla

RJ Scaringe is sitting in Rivian’s Palo Alto offices, explaining why the adventure-themed EV company suddenly decided to build its own self-driving cars, when an unexpected guest glides by the window outside: Waymo. A robotaxi from the Alphabet-owned company pulls up outside the office. The passenger, an analyst from Goldman Sachs, briefly takes a selfie […]

Rivian’s AI pivot is about more than chasing Tesla Read More »

Kia and Hyundai will spend millions fixing old cars to stop ‘Kia Boyz’ thefts

Kia and Hyundai will offer free repairs for millions of cars that lack anti-theft technology as part of a settlement with dozens of US states. The automakers agreed to outfit the roughly 9 million eligible cars sold between 2011 and 2022 with a zinc sleeve installed around the ignition cylinder to prevent the viral “Kia […]

Kia and Hyundai will spend millions fixing old cars to stop ‘Kia Boyz’ thefts Read More »

Cowboy saddles up with a new owner

The Brussels-based electric bike company has officially closed its deal to be acquired by ReBirth Group Holding, which also owns cycling brands Peugeot, Gitane, and Solex. The transaction includes new, undisclosed funding from ReBirth as well as €15 million ($17.6 million) from existing shareholders. The funding will be used to restart production and deal with […]

Cowboy saddles up with a new owner Read More »

Rad Power Bikes files for bankruptcy protection

Rad Power Bikes, the once dominant electric bicycle brand in the US, filed for Chapter 11 bankruptcy protection this week as it seeks to sell of its company. The move comes less than a month after Rad Power said it could not afford to recall its older e-bike batteries that had been designated a fire […]

Rad Power Bikes files for bankruptcy protection Read More »

Shopping Cart