A company called Life Electric Vehicle Holdings has emerged as the top bidder for Rad Power's assets. It's not clear what the company plans to do with them, though.
Now, founders Richard Zhang and Tyler Ruggles are tasked with a bigger challenge: showing customers and investors how this AI-powered software layer translates to real savings on an industrial scale.Β
The company is also currently facing a 30-day suspension of its manufacturing and dealer licenses in California for deceptive marketing about Autopilot's capabilities.
Jeff Bezos' Blue Origin had previously suggested that the third launch of the mega-rocket would take the space company's robotic lunar lander to the moon.