Kolors, a Mexico City-based startup, says its platform that connects intercity bus riders with bus drivers is like “if Uber and Southwest Airlines had a baby.” Like Uber and other ride-hailing platforms, Kolors doesn’t own any of its own vehicles, but rather partners with small and medium-sized bus operators that are already running scheduled services.… Continue reading Mexico City’s Kolors wants to disrupt intercity busing in Latin America
Author: Tech Crunch Online News
The delivery market is coming down from its pandemic highs
During the pandemic, delivery startups — whether focused on groceries, essentials, or takeout — became the darling children of venture capital firms. Early on, mandates and closures put up barriers to physical shopping, but as time went on, customers became more used to the idea of shopping for everything from toilet paper to rotisserie chicken… Continue reading The delivery market is coming down from its pandemic highs
Cruise can finally charge for driverless robotaxi rides in San Francisco
Cruise, the autonomous vehicle unit of General Motors, has finally been given the green light to start charging fares for its driverless robotaxi service in San Francisco. The California Public Utilities Commission (CPUC) voted Thursday to award Cruise with a driverless deployment permit, the final hurdle the company needed to jump to begin operating its… Continue reading Cruise can finally charge for driverless robotaxi rides in San Francisco
Ford wants to sell EVs online only and at a set price
Ford said that it wants to restructure its dealership model to sell its EVs online only and at a non-negotiable price to match Tesla’s profit margins. “I feel like when that second quarter last year profit came out for Tesla and they showed like a $15,000 premium, it totally changed my world,” CEO Jim Farley… Continue reading Ford wants to sell EVs online only and at a set price
Ford to invest $3.7B in US factories, add 6,200 union jobs in push to build more EVs
Ford said Thursday it will invest $3.7 billion and add more than 6,200 new union manufacturing jobs in Michigan, Ohio and Missouri as part of the automaker’s plan to sell 2 million EVs a year globally by the end of 2026. The new investment will be used to hire union workers at factories in Michigan,… Continue reading Ford to invest $3.7B in US factories, add 6,200 union jobs in push to build more EVs
Yummy’s super-sized round helps grow its delivery, ride-sharing super app in LatAm
Less than a year after taking its first funding, Latin American local on-demand delivery and transportation super app Yummy is back with an upsized round of $47 million. The round was led by Anthos Capital, with the participation of JAM Fund, Soma Capital, WIND Ventures, Ethos Capital and YC Continuity. The new investment gives Yummy… Continue reading Yummy’s super-sized round helps grow its delivery, ride-sharing super app in LatAm
Boundary Layer wants to steal air freight’s lunch and transport it by water instead
If you’ve ever spent time writing beat poetry about container ships chugging their way into and out of harbors, “nimble” or “fast” will be unlikely to make it into your finely crafted written words. And if your (admittedly increasingly esoteric) poetic bent is more of an air freight persuasion, it’s likely that “affordable” was not… Continue reading Boundary Layer wants to steal air freight’s lunch and transport it by water instead
The US is about to get serious about EVs
For most of the last decade, Americans largely ignored electric vehicles. Some brands sold decent numbers, like the Chevy Bolt or Nissan Leaf, but they were largely targeted at thrifty commuters or EV diehards. Others, like the Ford Focus Electric, were intended only to comply with laws that mandated a small number of EV sales.… Continue reading The US is about to get serious about EVs
This is the beginning of the unbundled database era
Ethan Batraski Contributor Ethan Batraski is a partner at Venrock and focuses on data infrastructure, open source and developer tools. More posts by this contributor Eight trends accelerating the age of commercial-ready quantum computing Thanks to the cloud, the amount of data being generated and stored has exploded in scale and volume. Every aspect of… Continue reading This is the beginning of the unbundled database era
Car-sharing startup Turo expands to New York and France
Peer-to-peer car-sharing company Turo is expanding to New York State and France in June, the company said on Wednesday. The expansion comes at a time when post/mid-COVID tourism is beginning to heat up, but renting a car will be difficult and expensive due to ongoing semiconductor shortages and supply chain issues. Turo’s launch in New… Continue reading Car-sharing startup Turo expands to New York and France