Ford Motor Company has signed a five year agreement with Stripe, an online payment processor, to scale the automaker’s e-commerce capabilities. Stripe will facilitate transactions for vehicle orders and reservations, handle financing options for Ford’s commercial customers and route customer’s payments from the automaker’s website to the correct local Ford or Lincoln dealer. Ford plans… Continue reading Ford signs 5-year agreement with Stripe to scale e-commerce
Author: Tech Crunch Online News
The Station: Cali regulators eye Tesla FSD, Turo files to go public, Local Motors shuts down
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. I’ll… Continue reading The Station: Cali regulators eye Tesla FSD, Turo files to go public, Local Motors shuts down
J.B. Hunt will be Waymo’s first self-driving freight customer
Waymo Via, the autonomous vehicle company’s trucking and cargo transportation unit, is expanding its existing partnership with logistics company J.B. Hunt Transport Services from a pilot into a long-term strategic alliance. As part of the agreement, J.B. Hunt will be Waymo Via’s first launch customer for fully autonomous, driverless freight routes, which Waymo expects to… Continue reading J.B. Hunt will be Waymo’s first self-driving freight customer
Bentley Motors blends tech and coachbuilding in the 2022 Continental GT Speed
Bentley Motors stands bestride the old world and the modern era. For over a century, the automaker has been at the forefront of automotive luxury and performance, and while it has constantly adapted to change during the years, classic, tactile coachbuilding has always remained as its ethos. This romantic view of automotive manufacturing seems almost… Continue reading Bentley Motors blends tech and coachbuilding in the 2022 Continental GT Speed
EVage raises $28M to be a driving force in India’s commercial EV revolution
A congruence of factors in India — notably, climate change policies, fuel costs and skyrocketing demand for e-commerce — has set up ideal conditions for startups like all-electric commercial vehicle startup EVage. The startup, which has already supplied five EV trucks to Amazon India’s Delivery Service Partner and plans to provide “in the thousands” more… Continue reading EVage raises $28M to be a driving force in India’s commercial EV revolution
Local Motors, the startup behind the Olli autonomous shuttle, has shut down
Local Motors, the company that crowdsourced and built the Olli autonomous shuttle as well as the Rally Fighter, will be shutting down operations by Friday, according to several posts from various employees on LinkedIn. The company has yet to release an official statement, but many employees are already openly looking for new work. “I am… Continue reading Local Motors, the startup behind the Olli autonomous shuttle, has shut down
Here’s what happened when Mercedes-AMG got its hands on the all-electric EQS
First, there was the dense fog. Then there was the snow. But inclement weather couldn’t put a damper on the AMG iterations of Mercedes’ flagship EV or its latest generation SL. Performance, luxury, comfort, and technology all hit the mark even when the AMG team gets their hands on the Mercedes EQS and the latest… Continue reading Here’s what happened when Mercedes-AMG got its hands on the all-electric EQS
Magna acquires tech, hires engineers of autonomous vehicle startup Optimus Ride
Magna has acquired the technology, IP and assets of Optimus Ride, a startup based in Boston that was trying to commercialize electric autonomous shuttles. As part of the deal announced Tuesday, Magna has hired more than 120 employees of Optimus Ride. The financial terms of the agreement were not disclosed, Optimus Ride CEO Sean Harrington… Continue reading Magna acquires tech, hires engineers of autonomous vehicle startup Optimus Ride
Fast-charge EV battery maker StoreDot pulls in $80M led led by Vietnam’s VinFast
StoreDot, the Israeli next-generation battery technology startup touting an “extreme fast charging” (XFC) battery for electric vehicles, has secured the first close of its latest funding round led by Vietnamese electric vehicle manufacturer, VinFast. The Series D round is due to close at up to $80 million. The capital will be used for the completion… Continue reading Fast-charge EV battery maker StoreDot pulls in $80M led led by Vietnam’s VinFast
Bolt raises $709M at an $8.4B valuation to expand its transportation and food delivery super app
Economies of scale are an essential cornerstone for on-demand companies, and to that end one of the hopefuls in the space has raised a big round to grow its business. Bolt — the startup and app of the same name that operates on-demand ride hailing, shared cars and scooters; and restaurant and grocery delivery —… Continue reading Bolt raises $709M at an $8.4B valuation to expand its transportation and food delivery super app