Lucid Motors sets record as Gravity sales pick up and tax credit expires
The company has seen EV deliveries increase for seven straight quarters, even though it’s still way off the ambitious goals it promoted when it went public in 2021.
Tesla’s insurance arm accused of ‘egregious delays’ and ‘systemic failures’ by CA regulator
California’s Department of Insurance has been warning Tesla to fix its claims process since 2022, but consumer complaints have skyrocketed anyways.
Rivian is redesigning the R2 SUV’s door handles for better safety
The change comes after employees and customers reportedly voiced concerns.
Flai is the latest startup bringing AI to car dealerships
The YC-backed startup has raised a $4.5 million seed round as it looks to win over more businesses by replacing cumbersome phone trees with AI-powered software.
New deep tech fund Wave Function Ventures raises $15 million
Former SpaceX Falcon 9 engineer Jamie Gull, who started the fund, has already made nine investments.
Rivian’s best-case guess for 2025 sales is a 16% drop from last year
The company will likely sell fewer EVs this year than in both 2024 and 2023, making next year’s launch of the R2 SUV even more important.
Tesla has its best sales quarter ever as EV tax credit expires
The tax credit’s expiration on September 30 motivated buyers to take advantage of the $7,500 incentive, giving Tesla a shot to return to sales growth in 2025.
Whizz co-founder says Trump’s Chicago crackdown is scaring delivery workers off the streets
Whizz has seen e-bike rentals drop by about 8% since National Guard troops arrived in the city.
Hance will demo its kilobyte-size AI audio processing software at TechCrunch Disrupt 2025
Hance is working on low energy-consuming, on-device processing that’s already attracted the likes of Intel.
Explosion, vehicle fire rock Faraday Future’s LA headquarters
There were no injuries, but the building has been deemed unfit for occupation. Faraday’s landlord is currently trying to find a new tenant as the EV startup’s lease is expiring.