General Motors’ e-delivery van subsidiary BrightDrop said Thursday it’s on track to reach $1 billion in revenue next year. The company, which launched in 2021 and was incubated at the automaker’s global innovation center, said reaching the financial milestone would make it one of the quickest tech startups to reach unicorn status, ahead of Apple, […]
The EV was announced in June, but details have been sparse Hyundai released fresh details Thursday at the LA Auto Show about the 2023 Ioniq 6, the all-electric vehicle that the Korean company debuted in June. With an estimated range of 340 miles and an on-sale date in spring of 2023, the hotly anticipated follow-up […]
Stellantis brand Fiat is coming back to the United States with its new all-electric 500e, a small urban vehicle that has been selling like hot cakes in Europe. The all-electric Fiat 500e is not like the original 500e, which was essentially a retro’d version of an internal combustion version of the same model. This time, […]
Toyota is beefing up the fuel-sipping Prius hybrid, adding more power and quicker acceleration to appeal to a wider range of car shoppers in an increasingly crowded market. The car created – and dominated – the segment when it launched in the U.S. 22 years ago. But the world’s first production hybrid car has steadily […]
Toyota unveiled Wednesday an all-electric SUV concept with plant-based seating and an AI “personal” assistant as the automaker expands its “beyond zero” portfolio. The bZ compact crossover concept that debuted at the Los Angeles Auto Show is meant to showcase Toyota’s vision for its battery-electric future. Toyota has said it plans to launch 30 fully […]
Cruise is expanding its driverless ride-hailing service in San Francisco to daytime hours, Cruise CEO Kyle Vogt tweeted Wednesday. The robotaxi service is now available to employees from 5 a.m. to 4 p.m. and then again from 6 p.m. to 10 p.m. Eventually, these expanded operating hours will be available to the public. The bolstered […]
The scooter startup’s accounting blunders are about more than its bottom line Well, those Bird results were wrong. It recently came to light that Bird, a former startup unicorn in the once-hot scooter rental market, overstated its revenue for several years, leading to the company stating in a filing with the U.S. Securities and Exchange […]
Autonomous trucking startup Waabi has unveiled its first generation of trucks that are purpose-built for OEM integration. The trucks are powered by the Waabi Driver, a combination of Waabi’s software, sensors and compute. Their launch signals both that Waabi is ready to verify and validate its self-driving stack and that it’s open for business. Waabi […]
Achieving autonomous driving safely requires near endless hours of training software on every situation that could possibly arise before putting a vehicle on the road. Historically, autonomy companies have collected hordes of real-world data with which to train their algorithms, but it’s impossible to train a system how to handle edge cases based on real-world […]
Hyundai luxury arm Genesis unveiled Tuesday evening the Genesis X convertible, the third and final electric vehicle concept of the brand’s EV future. The reveal, held at a splashy event ahead of the 2022 Los Angeles Auto Show, follows the X Concept and the X Speedium Coupe — all of which fall under the Inspired […]
