Steve LeVine

Joby Aviation, a maker of electric flying taxis, is coming to the skies of New York sooner than expected, only with fuel-powered aircraft to start with. Joby said today it is buying Blade Air Mobility, known for its helicopter flights to the city’s airports and the Hamptons on Long Island.

It’s taken a decade orso for companies like Tesla, Waymo and others to launch self-driving vehicles. Now a group of five former Waymo executives is aiming to produce giant excavators that operate autonomously in just two years.

Everyone has a different theory about why batteries are a thing again, and almost none of them overlap. What’s indisputable is that investors once again have battery fever.

Vineet Mehta, a longtime Tesla veteran and one of its most senior battery executives, is leaving the company, according to people close to the situation. It is the second significant departure of a member of Tesla’s battery braintrust in the last year: Last April, Drew Baglino, head of battery and powertrain, left the company. Mehta, Tesla’s director of battery technology and powertrain

A little over a year ago, Tesla CEO Elon Musk killed the mainstream $25,000 crossover SUV for families and pivoted the company to driverless Robotaxis and other artificial intelligence products. That decision has continued relevance for investors who are looking for Tesla—its share price down ...

Early last year, Elon Musk decided that Tesla wouldn’t be an electric vehicle company anymore. It would keep making cars, but not the new, mass-market model that investors, many Tesla fans and his senior advisers were asking for. Instead, he would bet the company on artificial intelligence ...

Since 2021, lead-acid battery maker Clarios has been talking about going public. But in January, the company said it was scrapping its plans for an initial public offering.That would normally have been a blow to the company’s owners, private equity firm Brookfield Asset Management and Canadian ...

In one of the most closely watched projects in the global battery industry, Tesla plans this year to introduce an innovation in its Cybertruck batteries that could sharply decrease battery manufacturing costs, a senior executive said Wednesday.Bonne Eggleston, senior director of the battery ...

Perhaps no segment of the nascent electric vehicle industry has had a sorrier few years than commercial trucking. Since 2022, at least six electric van and truck startups have filed for bankruptcy, and a seventh seems to be just hanging on.In January, though, electric truck startup Harbinger ...

Tesla CEO Elon Musk has promised to release a new affordable electric vehicle by the end of June, less than four months from now. Investors hope the car will provide a spark for the company, which otherwise looks likely to mark a second consecutive year of declining sales.