Soelect, a battery technology startup based in North Carolina, has closed an $11 million Series A round. It plans to use the fresh capital to scale its fast charge-capable anode technologies that might enable the next generation of batteries for electric vehicles. Alongside lead investor Lotte Chemical and investment company KTB Network, General Motors’ corporate… Continue reading GM Ventures invests in startup building fast charge-capable battery tech
Author: Tech Crunch Online News
Lamborghini is still figuring out its first EV
Lamborghini Chairman and CEO Stephan Winkelmann has no time for celebration, despite being at the helm of an automaker that posted an all-time sales record for 2021 — a milestone driven by demand for its ultra luxury Urus SUV. The leader of the Italian supercar maker has more pressing matters than basking in the glory… Continue reading Lamborghini is still figuring out its first EV
EV SPAC Faraday Future is restructuring leadership following review of inaccurate statements to investors
Faraday Future is revamping its board, cutting the pay of two top executives and suspending at least one other, following an internal investigation that determined employees made inaccurate statements to investors and that its “corporate culture failed to sufficiently prioritize compliance,” according to a regulatory filing. Faraday Future, which has had a long string of… Continue reading EV SPAC Faraday Future is restructuring leadership following review of inaccurate statements to investors
GM’s Chevy Silverado EV already has 110,000 reservations
General Motors said it has secured more than 110,000 reservations for its new all-electric Chevrolet Silverado, which includes reservations from more than 240 fleet operators, Chair and CEO Mary Barra said in the company’s full-year and fourth quarter earnings letter to shareholders. The fresh reservations details on Chevy Silverado EV comes just a few weeks… Continue reading GM’s Chevy Silverado EV already has 110,000 reservations
Cruise, loaded with another $1.35B from SoftBank, opens up driverless ride-hailing to the public
Cruise is opening up its driverless robotaxi service to the public in San Francisco as the GM subsidiary creeps toward commercialization with a fresh $1.35 billion investment from SoftBank Vision Fund. SoftBank had previously committed to investing an additional $1.35 billion, on top of its initial $900 million investment, once Cruise was ready for commercial… Continue reading Cruise, loaded with another $1.35B from SoftBank, opens up driverless ride-hailing to the public
Superpedestrian gets $125M to expand tech that corrects unsafe scooter riding
Shared e-scooter company Superpedestrian is gearing up to deploy its Pedestrian Defense safety system at scale, a feature that allows the company’s e-scooters to detect and correct in real time unsafe riding behaviors, like riding on sidewalks or the wrong way down a one-way street. Superpedestrian aims to build and roll out new scooters equipped… Continue reading Superpedestrian gets $125M to expand tech that corrects unsafe scooter riding
Waymo can keep some driverless data secret for another 22 days
Waymo had small win Monday in its fight to keep certain details about its autonomous vehicle operations from public view. The Alphabet-owned company filed a lawsuit last week against the California Department of Motor Vehicles to keep some information from its autonomous vehicle deployment permit, as well as emails between the company and the DMV,… Continue reading Waymo can keep some driverless data secret for another 22 days
The Station: Waymo sues to protect trade secrets, Wisk lands more Boeing capital and a chat with Toyota’s chief scientist
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. As… Continue reading The Station: Waymo sues to protect trade secrets, Wisk lands more Boeing capital and a chat with Toyota’s chief scientist
Joby Aviation wants to conduct dramatic eVTOL flights over San Francisco Bay
Joby Aviation is seeking permission for a series of high-profile air taxi flights over San Francisco Bay, according to documents filed with the FCC and obtained by TechCrunch. The tests of the startup’s second-generation pre-production prototype, called the S4, would be the first in full view of the public and the first in an urban… Continue reading Joby Aviation wants to conduct dramatic eVTOL flights over San Francisco Bay
Lamborghini’s NFT scheme includes real-world space treasures
Lamborghini is dipping its supercar toe into the non-fungible token pool. But unlike the primate-based computer-designed Twitter avatars that have come to represent the NFT community, the automaker is bridging the physical and digital world for its crypto offering. Well, off-world to be exact. The automaker — in partnership with NFT PRO and RM Sotheby’s… Continue reading Lamborghini’s NFT scheme includes real-world space treasures