Electric motorcycle company Zero is in the process of closing a new funding round for a little bit more than $120 million, according to a filing with the U.S. Securities and Exchange Commission. The filing shows that Zero has sold around $100 million of the equity round so far from two undisclosed investors. The company […]
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Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Your usual host Kirsten is out on vacation, but she didn’t leave without writing up This Week’s Wheels. But for the rest, you’ve got me, Rebecca Bellan, […]
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The headquarters Fisker used in its waning days was recently abandoned and left in “complete disarray,” with drums of apparent hazardous waste, automotive equipment, and even vehicles and full-size clay models left behind, according to the landlord. The chaos was described in a new filing that was submitted to Fisker’s Chapter 11 bankruptcy docket Friday […]
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Lucid Motors has now officially sold more EVs this year than it did in all of last year, and with three months to go in 2024. The milestone comes after Lucid announced Monday it delivered 2,781 vehicles in the third quarter of 2024. That’s a third straight record quarter for deliveries, though Lucid is still […]
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Uber is continuing its push to bring more electric vehicles onto the ride-hail and delivery platform, and it thinks giving drivers a chatbot to answer all their EV questions will help. Starting early 2025, Uber will launch an AI assistant for drivers in the U.S. powered by OpenAI’s GPT-4o. At launch, the assistant will only answer […]
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The U.S. Department of Justice says bankrupt EV startup Fisker’s plan to make owners pay for labor costs related to multiple recalls is illegal, according to a new filing. The DOJ, writing on behalf of the National Highway Traffic Safety Administration (NHTSA), said in a filing submitted to Fisker’s bankruptcy docket Monday that the “scheme” […]
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Fisker’s Chapter 11 bankruptcy has hit a major snag, as the company buying the startup’s remaining fleet of electric SUVs says it might not complete the purchase because of a surprising technical issue. The buyer, a New York-area leasing company called American Lease, says in a new filing that Fisker now believes there is no […]
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Palantir now owns 8.7% of struggling electric vehicle startup Faraday Future, according to a new filing with the U.S. Securities and Exchange Commission. The data-mining company was granted more than 800,000 shares in the EV startup on October 2 “as payment for certain outstanding receivables” — the equivalent of roughly $2.4 million judging by Faraday […]
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Rivian said on Friday it will build fewer vehicles this year than it did in 2023 due to a supply chain problem that popped up in the third quarter and has now “become more acute in recent weeks.” The company did not specify the components impacted, only saying that it is one shared by its […]
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Bankrupt EV startup Fisker is under investigation by the U.S. Securities and Exchange Commission, according to a new filing from the financial regulator. The SEC says in the filing it has sent multiple subpoenas to Fisker as part of the investigation, and that it may send more. The agency does not say what the investigation […]
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