Argo AI, the autonomous vehicle developer backed by Ford and VW Group, revealed this week an ecosystem of products and services designed to support commercial delivery and robotaxi operations. The products — a list that includes fleet management software, data analytics, high-definition mapping and cloud-based communication tools — stretches far beyond the self-driving system that… Continue reading Argo AI kicks into high gear to build a business out of AV tech
Author: Tech Crunch Online News
Ex-Googler’s TeraWatt raises $1B to expand commercial EV charging
TeraWatt Infrastructure, a company that builds electric vehicle charging infrastructure for fleets, has secured over $1 billion in a Series A round to build out its portfolio of commercial charging centers. The recent injection of capital follows a $100 million seed round from Keyframe Capital and Cyrus Capital, which both followed on into the current… Continue reading Ex-Googler’s TeraWatt raises $1B to expand commercial EV charging
Xeneta makes a splash with $80M on a $265M valuation to scale its crowdsourced sea and air freight analytics
The wheels of global commerce continue to turn, through wars, pandemics and economic downturns; and today a startup taking a new tech approach to improve the workings of one of the more antiquated aspects of that industry — shipping — is announcing a big round of funding to double down on growth. Xeneta — a… Continue reading Xeneta makes a splash with $80M on a $265M valuation to scale its crowdsourced sea and air freight analytics
Cruise to launch robotaxi services in Austin, Phoenix before end of 2022
GM’s self-driving technology unit Cruise will launch commercial robotaxi services in Austin, Texas and Phoenix — two hot spots for autonomous vehicle development — “in the next 90 days and before the end of 2022,” Cruise CEO and co-founder Kyle Vogt said Monday, The services will initially be small scale, but from the outset the… Continue reading Cruise to launch robotaxi services in Austin, Phoenix before end of 2022
Want a Tesla Solar Roof? You may need to shell out for a Powerwall first
At Tesla, the company’s stock price apparently isn’t the only thing that’s climbing lately. Powerwall sales are also poised to rise, now that the automaker’s big batteries are reportedly a prerequisite for Solar Roof installations. The requirement is new as of September, and it comes as Tesla ramps up Powerwall production at its Nevada factory,… Continue reading Want a Tesla Solar Roof? You may need to shell out for a Powerwall first
Magna enters the micromobility and battery swapping market
Magna International, a Canadian mobility technology company that builds sensor-based systems for cars like driver monitoring systems and advanced driver assistance systems (ADAS), is entering the micromobility market. The company invested $77 million in Yulu, an Indian shared micromobility operator, and plans to jointly launch a battery swapping service company. Magna’s investment is part of… Continue reading Magna enters the micromobility and battery swapping market
Trevor Milton, ex-CEO of electric truck maker Nikola, begins fraud trial
Trevor Milton, the founder and former CEO of electric truck maker Nikola, is standing trial on federal charges of wire and securities fraud starting Monday after allegedly misleading investors about the company’s technological and production capabilities. Nikola is among many electric vehicle startups that have struggled financially and operationally since going public via a special… Continue reading Trevor Milton, ex-CEO of electric truck maker Nikola, begins fraud trial
Uber turns to Nuro for AV delivery and Razor charges into the seated scooter market
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a shorter version of The Station newsletter that is emailed to subscribers. Want all the deals, news roundups and commentary? Subscribe… Continue reading Uber turns to Nuro for AV delivery and Razor charges into the seated scooter market
Zipline lands departing Verily CFO, Tesla veteran Deepak Ahuja
Zipline has hired departing Verily CFO and Tesla veteran Deepak Ahuja as its first chief business and financial officer, an appointment that comes as the drone delivery and logistics startup accelerates its global expansion in Africa, the United States and other regions. Ahuja, who is leaving his post at Alphabet’s unit Verily Life Sciences, will… Continue reading Zipline lands departing Verily CFO, Tesla veteran Deepak Ahuja
Building products for future needs with Bling Capital and Shift on TechCrunch Live
Toby Russell is a veteran entrepreneur and helped to found Shift. The company was among the first online-only used car marketplaces and pioneered many of the services now standard across the industry. Long-time DCM partner Kyle Lui invested in several of Shift’s fundraising rounds, and he’s now at Bling Capital as the fund’s second general… Continue reading Building products for future needs with Bling Capital and Shift on TechCrunch Live