Lucid sales inch forward as EV maker pushes to ramp Gravity production
Lucid sold 3,309 vehicles in the second quarter, a new record for the EV maker. Still, the company must ramp up production of its Gravity SUV to meet its 2025 target.
Transportation
Tesla faces second straight year of falling sales after another bad quarter
Tesla sales fell more than 13% compared to last year as the company struggles to find demand for its aging lineup, and as CEO Elon Musk continues to damage the brand.
Rivian receives the next $1B from Volkswagen as sales struggles continue
Rivian sales ticked back up in Q2 but were down 23% from the same quarter last year. The company has been dealing with affordability issues made worse by Trump’s tariffs and trade wars.
Qantas hack results in theft of 6 million passengers’ personal data
Qantas, the largest airline in Australia, confirmed the theft of 6 million customers’ personal information.
The electric Hummer is almost outselling the F-150 Lightning
GM’s EVs were popular in the second quarter, a complete contrast to the struggles by Ford, Tesla, Hyundai, and Kia to grow electric vehicle sales.
Tesla sends driverless Model Y from factory to customer to promote its robotaxi tech
The car traveled around 15 miles on highways, surface streets, and even a roundabout. But many questions remain about the stunt.
FBI, cybersecurity firms say a prolific hacking crew is now targeting airlines and the transportation sector
The fresh wave of attacks targeting airlines comes soon after the hackers hit the U.K. retail sector and the insurance industry.
TechCrunch Mobility: The Tesla robotaxi Rorschach test and Redwood’s next big act
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Redwood Materials launches energy storage business and its first target is AI data centers
Redwood Materials has launched a new business — taking old EV batteries to store energy and help power businesses.
Travis Kalanick is trying to buy Pony.ai — and Uber might help
Uber is reportedly in talks to help fund Travis Kalanick’s potential acquisition of Pony.ai, which has a market cap of around $4.5 billion.