Lordstown Motors’ ousted CEO settles with SEC for misleading investors

Steve Burns, the ousted founder, chairman and CEO of bankrupt EV startup Lordstown Motors, has settled with the U.S. Securities and Exchange Commission over misleading investors about demand for the company’s flagship all-electric Endurance pickup truck. Burns was ordered to pay a civil fine of $175,000 and cannot serve as an officer or director of […]

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DoorDash is bringing its drone delivery pilot to the U.S.

DoorDash is expanding its partnership with Alphabet’s Wing to bring its drone delivery pilot to the U.S., the company announced on Thursday. Select users in Christiansburg, Virginia will be able to order eligible menu items from their local Wendy’s. DoorDash first launched its drone delivery pilot program in Australia in 2022, where it is operating […]

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Pelikan Mobility is building a software-enabled commercial EV leasing solution

Chances are you may have noticed that many commercial vehicles are now electric vehicles — think about delivery vans, telecom minivans, utility maintenance trucks, etc. But there are still many diesel-powered commercial vehicles because it’s simply too expensive and too complicated to switch to an all electric vehicle fleet overnight. That’s why Pelikan Mobility has been […]

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Candela’s electric ferries multiply as the startup lines up $25M in new funding

Electric boat maker Candela is approaching cruising speed with $25 million in new funding and the first commercial deployment of its new P-12 ferry, in New Zealand. The company has global ambitions for its highly efficient boats, and has completed and delivered dozens of them — which is a lot in this industry! Candela has […]

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Amber launches service to help Tesla owners navigate expired warranties

Owners of aging EVs aren’t exactly flush with options if something breaks after the original warranty expires. One Bay Area startup called Amber thinks it can help them navigate that minefield, starting with Tesla owners. The company, founded in early 2023, announced Wednesday it has launched a new aftermarket warranty product called AmberCare for Model […]

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India’s electric two-wheeler startups surge to over 150 players as government revs up EV push

The number of startups in India’s electric two-wheeler market has surged to over 150 from 54 in 2021, driven by government incentives to promote clean vehicles and cut oil imports, according to a new analysis. The influx has intensified competition in a segment expected to grow 15-20 times to annual sales of 15-20 million units […]

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How Honda hedged its bet on the hydrogen fuel cell-powered CR-V e:FCEV

Just like battery-electric cars 20 years ago, hydrogen fuel cell cars suffer from the old chicken and the egg problem. Nobody wants to buy a fuel cell vehicle until the supporting infrastructure is in place, but it’s tough to invest in infrastructure when nobody owns a fuel cell vehicle. Honda says it’s playing the long […]

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Uber leads $100M investment in African mobility fintech Moove as valuation hits $750M

Moove, an African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised $100 million in a funding round as it plots expansion into new markets. TechCrunch learned from sources familiar with the deal that Uber led the Series B round, which includes sovereign wealth fund Mubadala and several other investors, […]

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