Peer-to-peer car-sharing startup Turo has released its filing to become a publicly traded company in the United States, a process the company began confidentially in August. The S-1 document filed Monday with the U.S. Securities and Exchange Commission does not include terms for its offering. Turo, which was founded in 2010 and has been compared… Continue reading Peer-to-peer car-sharing company Turo files IPO to go public
Author: Tech Crunch Online News
Korean car-sharing startup SOCAR has filed for an IPO
SOCAR, a south Korean car-sharing startup, has filed for an initial public offering, announced on Wednesday by Korea Exchange. The details – the number of shares to be offered in the IPO and the price range – have not yet been determined, said a spokesperson at SOCAR. SOCAR has reached approximately $834 billion (1 trillion… Continue reading Korean car-sharing startup SOCAR has filed for an IPO
Volvo partners with Luminar and Zenseact to bring autonomous driving feature to new e-SUV
Volvo Cars is working with lidar company Luminar and its autonomous driving (AD) software subsidiary Zenseact to introduce an AD feature to its next generation of fully electric cars, the automaker said on Wednesday at CES. The company aims to first introduce the feature, named “Ride Pilot,” as an add-on subscription to an electric SUV… Continue reading Volvo partners with Luminar and Zenseact to bring autonomous driving feature to new e-SUV
Cadillac’s new self-driving concept is a luxury loveseat on wheels
After introducing a six-person self-driving box and a frickin’ ridable drone concept last year, GM’s latest luxury self-driving EV idea is much more grounded. The InnerSpace concept looks like a futuristic car from the outside—but inside, there’s a two-seat loveseat surrounded by one of the widest screens we’ve ever seen. There’s no steering wheel or… Continue reading Cadillac’s new self-driving concept is a luxury loveseat on wheels
Stellantis to transform Chrysler into an all-electric brand by 2028
Chrysler, the 96-year-old brand owned by Stellantis that is best known today for its minivans, will become an all-electric brand by 2028. The company made the announcement as it introduced the Chrysler Airflow Concept, an all-wheel drive electric SUV concept equipped with two electric motors and a battery designed to travel 350 miles to 400… Continue reading Stellantis to transform Chrysler into an all-electric brand by 2028
Hyundai sends Boston Dynamics’ Spot robot into the metaverse
One thing’s for certain: Hyundai has some grand ambitions for its robotics development. And thus far, the automaker has been willing to put its money where its mouth is, most notably in the form of its acquisition of Boston Dynamics, which valued the robotics pioneer at north of $1 billion. Robotics are, predictably, taking center… Continue reading Hyundai sends Boston Dynamics’ Spot robot into the metaverse
Voyant raises $15M to scale production of its tiny, inexpensive lidar tech
The future of lidar is uncertain unless, as Voyant hopes to do, its price and size are reduced to fractions of their current values. As long as lidars are sandwich-sized devices that cost thousands, they won’t be ubiquitous — so Voyant has raised some cash to bring its smaller, cheaper, more easily manufactured, yet still… Continue reading Voyant raises $15M to scale production of its tiny, inexpensive lidar tech
How Meituan is redefining food delivery in China with drones
On a congested sidewalk next to a busy mall in Shenzhen, a 20-something woman uses a smartphone app to order a milk tea on Meituan, a major food delivery company. In under ten minutes, the pearl-white drink arrives, not on the back of one of the city’s ubiquitous delivery bikes, but descending from the cloudy… Continue reading How Meituan is redefining food delivery in China with drones
TuSimple completes its first driverless autonomous truck run on public roads
Autonomous trucking startup TuSimple has completed its first autonomous truck run on open public roads without a human in the vehicle, according to the company. TuSimple’s Autonomous Driving System (ADS) navigated 100% of the 80-mile run along surface streets and highways between a railyard in Tuscon, Arizona and a distribution center in Phoenix, which took… Continue reading TuSimple completes its first driverless autonomous truck run on public roads
Waymo partners with Geely to make electric AVs for ride hail in the US
Waymo, Alphabet’s autonomous driving technology arm, is partnering with Chinese automaker Geely to build an all-electric, self-driving ride-hailing vehicle. The companies will integrate Waymo Driver, Waymo’s AV system, into Geely’s Zeekr vehicles for use in U.S. markets “in the years to come.” While Waymo is not providing a specific time frame for either the start… Continue reading Waymo partners with Geely to make electric AVs for ride hail in the US