electric vehicles
Henrik Fisker drops salary to $1 to keep Fisker Inc. bankruptcy case alive
Fisker Inc. co-founders Henrik Fisker and his wife, Geeta Gupta-Fisker, are lowering their salaries to $1 in order to keep their failed EV startup’s bankruptcy proceedings funded, as lawyers work…
Lucid Motors sets new record for EV deliveries as it seeks ‘escape velocity’
These efforts have come as Lucid is looking to start building its Gravity SUV by the end of this year.
Fisker asks bankruptcy court to sell its EVs at average of $14,000 each
Fisker has a willing buyer for its remaining inventory of all-electric Ocean SUVs, and has asked the Delaware Bankruptcy Court judge overseeing its Chapter 11 case to approve the sale.…
Fisker is just a few days into its Chapter 11 bankruptcy, and the fight over its assets is already charged, with one lawyer claiming the startup has been liquidating assets…
Fisker was facing “potential financial distress” as early as last August, according to a new filing in its Chapter 11 bankruptcy proceeding, which the EV startup initiated earlier this week.…
Fisker failed because it wasn’t ready to be a car company
Two years ago, an employee at Fisker Inc. told me that the most pressing concern inside the EV startup was not whether its Ocean SUV would get built. Fisker was…
Ford’s secretive, low-cost EV team is growing with talent from Rivian, Tesla and Apple
A TechCrunch review of LinkedIn data found that Ford has built this team up to around 300 employees over the last year.
Fisker is issuing the first recall for its all-electric Ocean SUV because of problems with the warning lights, according to new information published by the National Highway Traffic Safety Administration…
Swiss startup Neural Concept raises $27M to cut EV design time to 18 months
Neural Concept lets designers model how components will perform before they can be manufactured.
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Inside EV startup Fisker’s collapse: how the company crumbled under its founders’ whims
Update: Fisker has since filed for bankruptcy, after last-ditch efforts to rescue the company failed. An autonomous pod. A solid-state battery-powered sports car. An electric pickup truck. A convertible grand tourer EV with up to 600 miles of range. A “fully connected mobility device” for young urban innovators to be…
Fisker cuts hundreds of workers in bid to keep EV startup alive
Struggling EV startup Fisker has laid off hundreds of employees in a bid to stay alive, as it continues to search for funding, a buyout or prepare for bankruptcy. Workers…
The Cadillac Optiq EV starts at $54,000 and is designed to hook young hipsters
Cadillac may seem a bit too traditional to hang its driving cap on EVs. And yet, that hasn’t stopped the GM brand from rolling out — or at least showing…
Lucid Motors is laying off about 400 employees, or roughly 6% of its workforce, as part of a restructuring ahead of the launch of its first electric SUV later this…
Redwood Materials is partnering with Ultium Cells to recycle GM’s EV battery scrap
Redwood Materials, the battery recycling startup founded by former Tesla co-founder JB Straubel, will be recycling production scrap for batteries going into General Motors electric vehicles. The company announced Thursday…
Porsche Ventures invests in battery startup South 8 to boost cold-weather EV performance
All cars suffer when the mercury drops, but electric vehicles suffer more than most as heaters draw more power and batteries charge more slowly as the liquid electrolyte inside thickens.…
VinFast crash that killed family of four now under federal investigation
The top vehicle safety regulator in the U.S. has launched a formal probe into an April crash involving the all-electric VinFast VF8 SUV that claimed the lives of a family…
Forget EVs: Why Bedrock Materials is targeting gas-powered cars for its first sodium-ion batteries
Bedrock Materials is developing a new type of sodium-ion battery, which promises to be dramatically cheaper than lithium-ion.
Orange Charger thinks a $750 outlet will solve EV charging for apartment dwellers
Charging has long been the Achilles’ heel of electric vehicles. One startup thinks it has a better way for apartment dwelling EV drivers to charge overnight.
Zeekr’s market hype is noteworthy and may indicate that investors see value in the high-quality, low-price offerings of Chinese automakers.
The U.S.’ NHTSA has opened a fourth investigation into the Fisker Ocean SUV, spurred by multiple claims of “inadvertent Automatic Emergency Braking.”
Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go before it can approach profitability. The EV-maker brought in $1.2…
Lucid loses longtime Apple and Intel exec who steered software division
Lucid Motors’ senior vice president of digital Mike Bell has resigned from his position. The company said in a filing Monday that the longtime Apple and Intel executive’s resignation is…
Fisker stiffed the engineering firm developing its low-cost EV and pickup truck, lawsuit claims
Henrik Fisker stood on a stage last August and proudly debuted two prototypes designed to catapult his eponymous EV startup Fisker into the mainstream. There was the Pear, a low-cost…
Rivian wins $827M incentive package to expand Illinois factory for R2 production
Rivian is getting $827 million in incentives from the state of Illinois to support building its next-generation electric vehicle, known as the R2. The company announced Thursday that the Illinois…
EV startup Fisker Inc. is laying off more employees to “preserve cash,” one week after warning investors it would have to make cuts to stave off impending bankruptcy, according to…
Tesla’s new growth plan is centered around mysterious cheaper models
Tesla’s been undergoing some major changes, and now we have a sense of why: The company says it is upending its product roadmap because of “pressure” on EV sales. The…
Tesla launches new Model 3 Performance variant to rev up demand
Tesla has officially revealed a new Performance variant of the recently refreshed Model 3 sedan as the company looks to fight off receding demand. The new version of the Model…
Fisker plans more layoffs as cash dwindles and bankruptcy looms
Fisker says it’s planning more layoffs less than two months after cutting 15% of its workforce, as the EV startup scrambles to raise cash to stay alive. Fisker expects to…
Tesla recalls the Cybertruck for faulty accelerator pedals that can get stuck
Tesla is recalling all 3,878 Cybertrucks that it has shipped to date, due to a problem where the accelerator pedal can get stuck, putting drivers at risk of a crash,…
Tesla execs Drew Baglino and Rohan Patel leave as company lays off 10%
Two high-profile executives have departed Tesla the same day that the electric automaker laid off thousands of workers, TechCrunch has confirmed. Drew Baglino, Tesla’s SVP of Powertrain and Energy, and…
