electric vehicles

Mastercard and Last Mile Solutions Partner on Payments at EV Charging Stations
Mastercard and Last Mile Solutions Partner on Payments at EV Charging Stations
February 06, 2024  |  Partnerships

Mastercard and Last Mile Solutions teamed up to make payments at electric vehicle (EV) charging stations more seamless. Through the partnership, charge point operators (CPOs) will...

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Saks Gets into EV Sales in Bid to Drive Digital Engagement
Saks Gets into EV Sales in Bid to Drive Digital Engagement
February 06, 2024  |  Retail

As brick-and-mortar retailers look for new ways to remain relevant amid commerce’s digital transformation, Saks Fifth Avenue is turning its focus to automotive sales in...

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Hertz Weighs Layoffs Amid Pivot Away from EVs
Hertz Weighs Layoffs Amid Pivot Away from EVs
February 06, 2024  |  Earnings

Hertz is reportedly considering layoffs after selling part of its electric vehicle fleet. The car rental giant on Tuesday (Feb. 6) reported quarterly and year-end earnings showing that...

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

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...

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Connected eBikes Popular as Ride Now, Pay Later Models Surge
Connected eBikes Popular as Ride Now, Pay Later Models Surge
January 30, 2024  |  Transportation

Consumers’ device portfolio has changed significantly over the years, largely due to technological breakthroughs and evolving consumer preferences in a world dominated by digital transformation....

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Report: Apple Scales Back and Delays Plans for Self-Driving Vehicle
Report: Apple Scales Back and Delays Plans for Self-Driving Vehicle
January 23, 2024  |  Apple

Apple has reportedly scaled back and delayed its plans to develop a vehicle. After initially aiming for a fully autonomous vehicle, the company has scaled back...

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Car Subscription Provider Finn Raises $110 Million to Add EVs
Car Subscription Provider Finn Raises $110 Million to Add EVs
January 11, 2024  |  Investments

Car subscription provider Finn raised 100 million euros (about $110 million) in a Series C equity funding round. The firm will use the new capital...

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Hertz Reducing EV Fleet Due to High Cost, Low Demand
Hertz Reducing EV Fleet Due to High Cost, Low Demand
January 11, 2024  |  Transportation

Car rental firm Hertz is selling 20,000 electric vehicles (EVs) from its U.S. fleet — amounting to one-third of its global fleet — and replacing...

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AI is Coming for the Automotive Experience, Down to the Battery 
AI is Coming for the Automotive Experience, Down to the Battery 
January 10, 2024  |  Artificial Intelligence

We exist in an era of various innovations transforming the world’s foundational industries. And these advances, from artificial intelligence (AI) to quantum computing and beyond, are increasingly enjoying...

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