Uber and other rideshare companies set grand ambitions to help their drivers transition to electric vehicles. But in a story that’s becoming increasingly common across the corporate world, they’re now backsliding on their climate commitments.
Uber and other rideshare companies set grand ambitions to help their drivers transition to electric vehicles. But in a story that’s becoming increasingly common across the corporate world, they’re now backsliding on their climate commitments.
Uber Technologies Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, July 21, 2025. The start of a busy week for Corporate America saw stocks climbing to fresh all-time highs, with traders looking for signs of resilience in earnings amid tariff risks.
Tesla Inc. co-founder JB Straubel’s battery recycling firm Redwood Materials Inc. cut dozens of jobs as the startup scales back some of its ambitious projects to refocus on tapping into demand for grid-scale batteries.
Tesla Inc. co-founder JB Straubel’s battery recycling firm Redwood Materials Inc. cut dozens of jobs as the startup scales back some of its ambitious projects to refocus on tapping into demand for grid-scale batteries.
JB Straubel, co-founder and chief executive officer of Redwood Materials Inc., at the company's battery recycling and manufacturing facility in McCarran, Nevada, US, on Friday, March 22, 2024. Redwood plans to manufacture enough of cathode active material, responsible for a third of the cost of a battery, to build more than 1.3 million EVs a year by 2028, in addition to other battery components that have never been made in the US before.
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