Nissan targets 1 million extra vehicle sales in next 3 years, aims to cut EV costs

A Nissan Ariya electric car is on display during 2020 Beijing International Automotive Exhibition (Auto China 2020) at China International Exhibition Center on September 27, 2020 in Beijing, China. Vcg | Visual China Group | Getty Images Nissan is targeting an additional 1 million vehicle sales over the next three years and a 30% reduction … Read more

Another autonomous vehicle startup shutters, Zoox expands driverless testing and investor fervor for AI escalates

TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. I spent a few days in Austin … Read more

Janet Yellen says Biden spurred electric vehicle investment boom

U.S. Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on the “Annual Report of the Financial Stability Oversight Council” on Capitol Hill in Washington, D.C., on Feb. 6, 2024. Amanda Andrade-rhoades | Reuters Treasury Secretary Janet Yellen on Wednesday lauded President Joe Biden’s investment in electric vehicles for accelerating the sector, … Read more

Applied Intuition lands $6 billion valuation for AI-powered autonomous vehicle software

Autonomous vehicle software company Applied Intuition has raised $250 million in a round that values the startup at $6 billion, as it pushes to bring more artificial intelligence to the automotive, defense, construction and agriculture sectors. The eye-popping funding round is the latest example of investor fervor for AI. Applied Intuition appears to have nailed … Read more

Tesla EV Costs in 2024: Price Breakdown of the World’s Best-Selling Vehicle

The electric vehicle (EV) market experienced another banner year during 2023, even if sales and adoption slowed compared with previous years. Case in point: The Tesla Model Y was the top-selling vehicle in the world during 2023 — and the first time an electric vehicle took the top spot — beating out popular models like … Read more

The semi driver rescued dangling from a bridge had been struck by an oncoming vehicle: mayor

LOUISVILLE, Ky. (AP) — A tractor-trailer that was knocked dangling off a bridge over the Ohio River — prompting a dramatic rescue of the driver — was struck by a vehicle that had crossed into opposing traffic, Louisville Mayor Craig Greenberg said Saturday. Breathtaking photos and video captured the rescue Friday of the driver in … Read more

The US will relax pollution-limiting rules for vehicle emissions

President Biden’s administration plans to pull back on strict new Environmental Protection Agency (EPA) rules that would have forced US automakers to turn EVs into their main business by 2032. That’s according to The New York Times, which wrote yesterday that industry players had moved the administration to give them more time to bring down … Read more

Crowd sets Waymo self-driving vehicle ablaze in San Francisco

By Hyunjoo Jin and Abhirup Roy (Reuters) -A crowd vandalized and set fire to a Waymo self-driving car using a firework in San Francisco on Saturday, the Alphabet-owned company and authorities said, marking the latest public attack on such vehicles in the U.S. The incident began around 9 p.m. PST on Saturday (0500 GMT Sunday) … Read more

6-year-old in Gaza City missing after attack on vehicle she was in

The Hamada family was trying to get to safety. An order from the Israeli military had gone out earlier on Monday, ordering them to evacuate their neighborhood in Gaza City. Bashar, 44, and his wife Anam, 43, piled four of their children and their young niece, Hind, into the car. They would never reach their … Read more

Man punches, then shoots agent trying to repossess his vehicle, Florida police say

A repossession agent was shot multiple times in his truck as he tried to pick up a vehicle from a driveway in Florida, police said. The 28-year-old employee arrived at the home around noon on Jan. 25 to repossess a vehicle, according to a news release from the Port St. Lucie Police Department. As the … Read more