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News
Is your California city on the list for Waymo’s next expansion?
6+ hour, 25+ min ago (113+ words) The Mercury News Waymo is making strides toward a major expansion of its autonomous ride-hailing service in California. The company announced last week it has received approval from the California Public Utilities Commission to expand its operations to cover much…...
Waymo announces huge expansion across Bay Area, but when will it start? – The Mercury News
1+ day, 59+ min ago (647+ words) Waymo made a big splash last week when it announced a major expansion across the Bay Area, but despite the regulatory green light it’s still far from clear when the company will be able to start cars on its new…...
Ferrari’s first electric car fetches record $40 million at Monterey auction
1+ day, 9+ hour ago (298+ words) By William Shaw, Bloomberg Ferrari’s first all-electric vehicle defied criticism to sell for $40 million, making it the most expensive new car ever sold at auction. The Sotheby’s charity auction of the Luce “tailor-made” at Monterey Car Week in California broke…...
Amazon’s Zoox to levy fares, in US first for controls-free taxis
1+ week, 6+ day ago (196+ words) By Ed Ludlow, Bloomberg Amazon.com Inc.’s Zoox robotaxi division will start charging fares next week in Las Vegas, marking a first in the US for autonomous vehicles without driver controls. Zoox will charge Vegas customers starting Aug. 10, with…...
Some robotaxis approved to operate without steering wheels; losing the brake pedal could be next
2+ week, 4+ day ago (610+ words) By JOSH FUNK and TY O’NEIL, Associated Press Amazon’s fully autonomous Zoox vehicles got approval Thursday to begin charging customers for rides once they secure state and local approval. Zoox has already been offering free rides in Las Vegas and…...
Saudi Prince Alwaleed takes 5% stake in East Bay EV maker Lucid
2+ week, 6+ day ago (513+ words) By Devon Pendleton and Kara Carlson, Bloomberg Saudi Prince Alwaleed bin Talal Al Saud has acquired a $129.5 million stake in Lucid Group Inc., a much-needed vote of confidence in the electric vehicle maker weeks after it fended off rumors of…...
Used EV market in California sizzles as gas prices soar
3+ week, 1+ day ago (985+ words) Used car salesman Nicholas Beiza got a call earlier this month at a Southern California Ford dealership from a theology professor looking to buy a new car. The Biola University academic was car shopping after his house-sitter totaled his Ford…...
Tesla plunges most in a year on investor angst over AI spending
3+ week, 5+ day ago (1030+ words) By Kara Carlson and Jordan Fitzgerald, Bloomberg Tesla Inc. shares tumbled the most in over a year after disappointing quarterly results raised questions about Elon Musk’s plan to refocus the electric vehicle maker on artificial intelligence and robots. Profit fell…...
Tesla’s cratering Cybertruck sales evoke Ford Edsel comparisons
3+ week, 5+ day ago (908+ words) By Bethany Benjamin, Bloomberg Ford Motor Co. introduced a car almost 70 years ago widely viewed as the greatest automotive flop of all time. Tesla Inc.’s Cybertruck may well be on its way to claiming that title. Ford’s Edsel, unveiled…...
Hybrids boom as EVs fall out of favor, even in California
3+ week, 6+ day ago (396+ words) By Dana Hull, Bloomberg In America’s EV stronghold, another type of vehicle is rapidly gaining ground. Hybrids accounted for almost one in every four automobiles registered in California in the second quarter, according to newly released data from the California…...