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Mobileye IPO is being postponed
After months of no updates, it appears that Intel is officially postponing the Mobileye IPO. Intel and Mobileye announced last December that they planned to take the self-driving car unit public in mid-2022. However, according […]

Walmart agrees to buy 4,500 Canoo electric delivery vehicles
Walmart has signed an agreement with Canoo to purchase 4,500 of their Lifestyle Delivery Vehicles (LDV), with an option to increase that order to 10,000 units. The first LDVs are expected to be delivered to […]

Ford sued by Mustang Mach-E owners over battery fault that can leave car dead
Ford has been sued by three aggrieved Mustang Mach-E owners alleging the American automaker knew about a problem with the electric vehicle (EV) before selling it. The problem at the center of the lawsuit is how […]

Twitter responds to Elon Musk’s allegations they breached merger agreement – no, you did
On Friday Elon Musk announced he was no longer pursuing his planned $44 billion buyout of Twitter, claiming the social media company failed to comply with their contractual obligations. On Monday, Twitter responded to Musk’s […]

Rivian to layoff up to 5% of non-manufacturing workforce: Report
Rivian is looking to cut some excess jobs as the fledgling automaker is expected to announce layoffs that could total as much as 5% of its current workforce. As of March 8, 2022 Rivian had […]

Rimac Nevera ready for sale in the US after obtaining EPA & CARB certification
The Rimac Nevera is now certified to be sold in the United States after the electric hypercar recently received the required certifications from the U.S. Environmental Protection Agency and the California Air Resources Board (CARB). […]