What has four wheels, two seats, no steering wheel and arrived a few years late? Tesla’s long-awaited robotaxi, which CEO Elon Musk had predicted in 2019 would be launched by 2020. But it wasn’t until this Thursday evening (Oct. 10), in the year 2024, that Musk...
As the electric vehicle (EV) industry pursues mainstream adoption, the demand for robust charging infrastructure is more critical than ever. With global efforts to combat climate change and reduce reliance on fossil fuels, governments, automakers and technology providers are focused on building a system that...
The electric vehicle (EV) market is turbulent. As governments reduce financial incentives, sales growth stagnates, and automakers are evaluating their investment strategies that anticipated a swift transition to electric. What has caused this downturn, and what does it mean for the future of EVs? While...
Electric vehicles (EVs) represent a new paradigm of connected experience. The ongoing transformation in the automotive industry is more than just a transition from gasoline to electricity — it’s evolving how consumers interact with their vehicles. Payments, along with commerce, sit squarely at the forefront...
September 30, 2024
Electric vehicles (EVs) represent a new paradigm of connected experience. The ongoing transformation in the automotive industry is more than just a transition from gasoline to electricity — it’s evolving how consumers interact with their vehicles. Payments, along with commerce, sit squarely at the forefront of this technological shift. “EVs represent a tremendous amount of […]
August 06, 2024
Uber marked a milestone in the second quarter, with 7.4 million monthly drivers and couriers globally, per the company’s earnings report released Tuesday (Aug. 6). The company’s focus on expanding...
July 05, 2024
As U.S. consumers take to the road this summer, the state of electric vehicles hangs in the balance and the payments industry grapples with the issues that will provide the...
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...
October 13, 2024
Months after announcing it was canceling its self-driving car, Apple has made it official. According to a recent report by the website macReports, the tech giant contacted the California Department of Motor Vehicles last month to cancel its Autonomous Vehicles Program Manufacturer’s Testing Permit, which had been active until April 30 of next year. Apple […]
July 31, 2024
Uber on Wednesday (July 31) announced a multiyear strategic partnership aimed at integrating 100,000 BYD electric vehicles (EVs) into its platform across several key global markets. The initiative will begin in...
July 28, 2024
The automotive industry is facing an obstacle in switching to electric vehicles: traditional cars. As The Wall Street Journal (WSJ) reported Sunday (July 28), pressures on car company profits only...
July 25, 2024
Global commerce platform WEX is looking to artificial intelligence (AI) and commercial electric vehicles (EVs) as opportunities for growth after reporting record quarterly revenue. “We are expanding our position as...
