Waymo’s spent robotaxi batteries will be used as grid storage
The company announced a deal with B2U Storage Solutions to repurpose the battery packs as Waymo pulls them off the road.
The company announced a deal with B2U Storage Solutions to repurpose the battery packs as Waymo pulls them off the road.
Lectric, which says the U.S. market is ripe for competition and choice, has launched three new brands in the past six months.
Founder and CEO RJ Scaringe has called it “maybe the most important thing we’ve launched to date.”
The exec, Emad Dlala, has left just a few months after being promoted to SVP of engineering and digital, TechCrunch has learned.
The company said the cuts were part of a restructuring meant to help scale to profitability. Rivian recently pushed back its profitability goal to invest in autonomy.
The company is also eliminating a production shift at its Arizona factory to align “production plans with anticipated demand.”
The Jeff Bezos-backed startup finally revealed more pricing details for its debut EV, including a $29,950 starting price for the SUV variant, and boosted the base range to 205 miles.
The safety board, known for its thorough investigations, is probing the crash alongside the National Highway Traffic Safety Administration.
The Department of Commerce declined to give the Chinese-owned automaker a special authorization to keep selling EVs in the U.S.
The company now expects to ship a few thousand more vehicles by the end of 2026 than it previously expected, after launching its R2 SUV last month.