Minneapolis-based Branch was founded in 2015, and it’s now one of the fastest-growing companies in the Midwest. Its founder, Atif Siddiqi, is a Southern California transplant who first relocated to the Twin Cities to participate in the Target Techstars accelerator program. He hasn’t looked back since. Siddiqi has spent the past seven years building up… Continue reading Why this Californian founder moved to Minneapolis to build a B2B fintech
Author: Tech Crunch Online News
GM targets the masses with its $30,000 all-electric Chevrolet Equinox SUV
GM’s latest bid to ramp up U.S. EV sales and surpass rival Tesla is a $30,000 all-electric SUV aimed squarely at the mass market. The 2024 Chevrolet Equinox EV, which will come in LT and RS models and has an estimated range of 300 miles, will test GM’s ability to make an affordable EV that… Continue reading GM targets the masses with its $30,000 all-electric Chevrolet Equinox SUV
Mercedes-Benz and Rivian partner to jointly build electric vans in Europe
Mercedes-Benz and Rivian are partnering to produce electric vans at scale in Europe. The joint venture announced Thursday will help each automaker scale its bespoke large battery-electric van businesses as Mercedes-Benz plans to phase out gas-engine vans by 2025. The news sent Rivian shares up 9% in morning trading. Together, the companies plan to build… Continue reading Mercedes-Benz and Rivian partner to jointly build electric vans in Europe
Uber turns to autonomous vehicle startup Nuro for Eats deliveries
Uber will use Nuro autonomous delivery vehicles to shuttle meals and other goods to its Eats customers as part of a 10-year commercial deal between the two companies. The partnership, which kicks off this fall, will start in Houston and Mountain View, California and eventually expand to other areas, including the greater Bay Area, according… Continue reading Uber turns to autonomous vehicle startup Nuro for Eats deliveries
Uber wants court to nullify Kenya’s new ride-hailing law that caps service fee at 18%
Uber has appealed to Kenya’s apex court to annul the new digital taxi-hailing regulations claiming that some aspects are unconstitutional, discriminatory, discouraging to foreign investments, and infringe on its rights and those of its riders and partners. The regulations, set to come into effect in a few weeks, have been in development since 2016 when… Continue reading Uber wants court to nullify Kenya’s new ride-hailing law that caps service fee at 18%
Boston’s ClearMotion funded by Nio Capital to switch on in-car metaverse in China
U.S.-China decoupling is expected to discourage cross-border investments between the two superpowers as investors shy away from sanctions and geopolitical risks. But in some areas, Chinese investors and American tech firms continue to find happy marriages. ClearMotion, a Boston-based company that aims to make car rides less bumpy and more fun, just raised $39 million… Continue reading Boston’s ClearMotion funded by Nio Capital to switch on in-car metaverse in China
Don’t be silly, of course you can use EVs in cold weather
A publication that shall not be named (merely linked to) published an opinion piece that is the latest in a string of false narratives around EVs. This opinion (I mean act of subterfuge) couches EVs as a luxury item in cold-weather countries because the batteries don’t work as well as on the balmy shores of… Continue reading Don’t be silly, of course you can use EVs in cold weather
Drover AI’s Alex Nesic on using tech to regulate the scooter market
As shared micromobility continues to take over cities, operators have found themselves implementing different forms of scooter “advanced rider assistance systems” or scooter ARAS, that can detect when a rider is doing the thing cities hate most — riding on the sidewalk. Drover AI, a startup that had the gumption to launch in May 2020,… Continue reading Drover AI’s Alex Nesic on using tech to regulate the scooter market
Solar-powered carmaker Lightyear raises $81M and gears up for production
Lightyear, a Dutch startup developing a long-range hybrid solar-powered car, today announced that it has raised €81 million ($81 million) as it prepares to begin production of its first vehicle in the coming months. While recent history is littered with examples of prototype solar-powered vehicles, the burgeoning electric car movement has so far been mostly… Continue reading Solar-powered carmaker Lightyear raises $81M and gears up for production
Mobility SPACs seek cash and your guide to the new EV tax credit
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 Mobility SPACs seek cash and your guide to the new EV tax credit