Transportation

Transportation
Electric Vehicle Maker Canoo Discloses ‘Substantial Doubt’ About Its Future
April 01, 2024

Electric vehicle manufacturer Canoo disclosed in a Monday (April 1) annual report that its management has identified “substantial doubt” about the company’s ability to continue as a going concern. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Transportation
Privacy Vs. Convenience: Connected Car Data Sharing Draws Debate 
March 19, 2024

Findings from a recent New York Times report have brought to light a concerning reality for drivers: their every trip detail, from speeding to sudden braking, is meticulously logged by data brokers.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Transportation
Hertz CEO Departs Following EV Troubles
March 17, 2024

Hertz’s CEO is stepping down following the company’s major shift on the electric vehicle front. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Transportation
BeyondTrucks and Samsara Team to Streamline Fleet Management
March 13, 2024

Transportation management system provider BeyondTrucks has launched a partnership with cloud platform Samsara. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Transportation
Electric Vehicle Sales Slow Amid Mainstream Consumers’ Concerns About Recharging
March 13, 2024

Automakers are reportedly anticipating a slower rate of growth in sales of electric vehicles (EVs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Transportation
FLEETCOR Invests in Zapay, Expands Vehicle Payments Business in Brazil
March 06, 2024

Business payments company FLEETCOR Technologies has closed a majority investment in Brazilian vehicle payments company Zapay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Transportation
Cazoo Switches Focus to Become ‘Pure Play’ Automotive Marketplace
March 06, 2024

Cazoo’s days of selling used cars are coming to an end. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Transportation
Cake Files for Bankruptcy, Joining Other Troubled eMobility Firms
February 02, 2024

Swedish electric motorcycle startup Cake has reportedly filed for bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...

Transportation
Volvo’s EV Funding Cut Highlights Ongoing Challenges in Driving Consumer Demand
February 01, 2024

While electric vehicles (EVs) have been celebrated for their potential to revolutionize transportation and accelerate the path toward a greener future, recent moves by original equipment manufacturers (OEMs) to scale down production, divest and cut funding have cast a shadow over this once-optimistic narrative. Get...