The Latest from Kirsten Korosec
Lucid Motors slashes EV production targets again as supply chain problems persist
EV automaker Lucid Motors slashed its annual production guidance in half on Wednesday due to what CEO and CTO Peter Rawlinson described as “extraordinary supply chain and logistics challenges.&#
GM is expanding its hands-free Super Cruise system to 400,000 miles of roads
GM will soon allow drivers to use Super Cruise on more than 400,000 miles of roads in the U.S. and Canada, doubling access to its hands-free driver assistance system as it pushes to keep apace of its
Uber turns the corner, generates massive pile of free cash flow in Q2
The question of whether Uber would be able to self-support was at least partially answered Tuesday with the company’s second quarter earnings report. In its Q2 digest, the American ride-hailing
The Station: Rivian trims its workforce and a supply chain-tainted earnings season begins
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your cen
Polymath Robotics launches to bring plug-and-play autonomy software to any industrial vehicle
“Robots suck.” It’s a bold declaration for a startup founder aiming to work with robots — or more accurately, the software that helps turn a tractor, tiller or forklift into an aut
Apple hires Lamborghini executive to help steer EV program
Apple has hired a 20-year veteran of supercar maker Lamborghini to work on the tech company’s not-so-secret electric autonomous vehicle program, according to a report by Bloomberg. The executive
Rivian begins laying off 6% of workforce
Rivian has started laying off about 6% of its workforce as part of a restructuring plan, according to an internal email from founder and CEO RJ Scaringe. The companywide email, which was sent out Wedn
Faraday’s future on shaky ground as EV production delayed again
Faraday Future has delayed production of its FF91 flagship electric vehicle due to lack of money and supply chain issues, the company said in a regulatory filing. The troubled EV startup-turned-public
The Station: Executive upheaval at VW Group and the tale of two Tesla earnings
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your cen
VW Group CEO Herbert Diess is out
Volkswagen Group CEO Herbert Diess, the embattled executive who has survived a number of confrontations and power struggles with the board and unions over the past two years, is leaving the company. T
The Amazon effect is fueling a wave of robotics investments, acquisitions and maybe an IPO
Amazon’s drive to get as many products to customers as quickly as possible combined with a decade of technological breakthroughs, a labor shortage and skyrocketing e-commerce growth have aligned
Agility’s next Digit robot will have a face and hands
Digit, the bipedal robot developed by Agility Robotics, will continue to evolve and improve, including the addition of a head and some digits of its very own, according to co-founders Damion Shelton a
Amazon starts delivering packages with Rivian-built EVs
Amazon has started delivering packages in more than a dozen cities using the custom electric van built by Rivian. The initial rollout, which kicks off in Baltimore, Chicago, Dallas, Kansas City, Nashv
Tesla earnings show quarterly decline in profits, year-over-year growth
Tesla’s second-quarter earnings report tells a story of quarterly declines caused by production challenges and year-over-year growth. The company reported Wednesday a quarterly decline in revenu
The Station: Restructuring ripples and the next investor darling of the EV era
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your cen
Autonomous vehicles startup Nuro winds down operations in Phoenix
Nuro, the autonomous vehicle delivery startup that is valued at more than $8.6 billion, is closing its Phoenix facility as it shifts its commercial strategy away from the desert metropolis and toward
Tesla loses top AI executive who led Autopilot vision team
Andrej Karpathy, the deep learning and computer vision expert who was hired five years ago as Tesla’s director of AI and led Autopilot vision team, is officially leaving the company. Karpathy wa
Arrival to slash costs, cut up to 30% of workforce to meet on EV van production target
Arrival, the U.K.-based commercial EV company, plans to slash costs and cut as much as 30% of its workforce as it attempts to protect the business from a challenging economic environment while meeting
Meet the all-electric RV startup steered by Tesla alumni
What started as a pet project to electrify food trucks in the San Francisco Bay area — an enterprise inspired by the cacophony of generators that greeted Ben Parker every day during his lunch break
Tesla laying off 229 Autopilot workers, shuttering San Mateo office, filing confirms
Tesla is laying off 229 data annotation employees who are part of the company’s larger Autopilot team and is shuttering the San Mateo, California office where they worked, according to a Califor