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Apple layoffs, an EV price reckoning and another Tesla robotaxi promise

TechCrunch · 1y

In this week's edition of TechCrunch Mobility, it is revealed that automakers are struggling to sell electric vehicles (EVs) due to the pricing gap between consumer expectations and available options. The average price of an EV is $61,702, while consumers are looking for options below $40,000. This has led to automakers slashing prices and even delaying future EV launches. Tesla, for example, has reduced prices and is offering a free trial of its Full Self-Driving software to boost revenue. In other news, the closure of autonomous vehicle company Ghost Autonomy is confirmed, and Maniv, a mobility-focused VC firm, raises a $140 million fund.