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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. H…

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The 2022 McLaren GT is a fresh take on a classic recipe 

There’s a reason the term “daily driver sports car” exists. It’s because typically, purpose-built performance cars suffer from an inherent lack of usability: they’re loud, uncomfortable and they require pristine driving conditions. What’s more, they’re often bereft of the accessories we’ve grown us…

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Nikola delays shareholder meeting to drum up support to issue more shares

Troubled electric truck maker Nikola adjourned its annual meeting to July 18, giving the company time to lobby shareholders to pass a money-raising measure to issue more shares of common stock. Nikola said the proposal is crucial to support the growth of the business. The company has been slowed in…

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The Drako Motors 2,000-hp electric luxury SUV “feels more like a spaceship”

Startup EV manufacturer Drako Motors previewed today the follow-up to its $1.25 million Drako GTE: the 2,000-horsepower Drako Dragon Super-SUV. The San Jose, California-based automaker said the Dragon zips from 0 to 60 mph in 1.9 seconds using the company’s in-house DriveOS Quad Motor Powertrain, a…

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Bird CEO Travis VanderZanden steps down as president

Shared micromobility company Bird’s board of directors has appointed Shane Torchiana as president of the company, replacing the company’s CEO and founder Travis VanderZanden. The new roles will begin effective June 29, per a regulatory filing. VanderZanden, who previously served as the …

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Hyundai reveals the IONIQ 6 EV sedan, the eagerly-anticipated follow-up to its IONIQ 5

Hyundai previewed the IONIQ 6 sedan Wednesday, the heavily-anticipated followup to the brand’s popular first battery-electric model, the IONIQ 5 SUV. The automaker won’t announce details such as the IONIQ 6’s price range, and production run size until the vehicle’s world pre…

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Volkswagen, Siemens invest $450M into Electrify America in EV charging push

Volkswagen Group subsidiary Electrify America said Tuesday it raised $450 million in a deal that includes its first external investor as it aims to accelerate its rollout of ultra-fast charging stations in the U.S. and Canada. The deal, which values North America’s largest ultra-fast EV charging ne…

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BMW taps Valeo for driving assistance systems in its next-gen EVs

BMW Group has tapped Valeo to provide the advanced driver assistance system for the automaker’s new electric vehicle platform due to launch in 2025. The deal, a significant win for Valeo, also holds importance for BMW. The automaker is aiming to capture a 50% market share of global EV sales b…

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JD Power: EVs and and plug-in hybrids have more problems than combustion engine cars

Battery-electric vehicles and plug-in hybrids have more problems than the average car, according to the annual J.D. Power U.S. Initial Quality Study (IQS) released Wednesday. The 2022 survey found that EV owners cited 39% more problems with their new vehicles than did owners of new combustion-engin…

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Remove that ‘exit strategy’ slide from your pitch deck

A lot of pitch decks I review have a slide that really shouldn't be there: the exit strategy slide. As an early-stage startup, it's downright nonsensical, and it shouldn't be part of your deck at all.

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WeWork India exposed visitors’ personal information and selfies

Visitor names, email addresses, phone numbers, and selfies were exposed to the internet.

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