Serve Robotics, the autonomous sidewalk delivery company that spun out from Uber-owned Postmates in March, has closed an expanded seed round at $13 million. The company will use the funds to accelerate its expansion plans into new customer segments and geographic areas, which will require them to build more sidewalk robots to fuel that growth.… Continue reading Uber spinout Serve Robotics gets $13M seed round to expand sidewalk robot deliveries
Author: Tech Crunch Online News
EV automaker Lucid Group under investigation by SEC
Lucid Group has been subpoenaed by securities regulators investigating the electric automaker’s merger that enabled it to become a a publicly traded company. Lucid said in regulatory filing Monday morning that the Securities and Exchange Commission requested certain documents related to its investigation. “Although there is no assurance as to the scope or outcome of… Continue reading EV automaker Lucid Group under investigation by SEC
Argo releases standards for how self-driving cars should act around cyclists
Argo AI, an autonomous driving technology company, teamed up with advocacy group the League of American Cyclists (LAB) to come up with guidelines for how self-driving vehicles should identify and interact with cyclists. The goal is to set a standard for other AV companies in the industry to follow, particularly as the self-driving industry moves… Continue reading Argo releases standards for how self-driving cars should act around cyclists
The Station: Didi delists, a plea for the Chips Act and crypto for in-car purchases
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. Welp,… Continue reading The Station: Didi delists, a plea for the Chips Act and crypto for in-car purchases
The Polestar Precept is a cypher for the EV automaker’s future
Polestar will spend the next three years executing a lofty electric vehicle launch schedule that will culminate with the Precept concept, a “Rosetta Stone” of sorts that provides a physical representation of the company’s future. Polestar, the former Volvo company that spun out to become its own brand, refers to the concept as its “manifesto.”… Continue reading The Polestar Precept is a cypher for the EV automaker’s future
Porsche invests in German startup aiming to be a one-stop shop for carbon neutral homes
Porsche’s venture arm has taken a minority stake in 1Komma5, a five-month-old German startup aiming to offer households everything needed for a carbon neutral home, including energy storage, charging infrastructure for electric vehicles and solar. The investment, the amount of which was not disclosed, follows a series of deals made by Porsche Ventures in the… Continue reading Porsche invests in German startup aiming to be a one-stop shop for carbon neutral homes
Moovit partners with smart cane company WeWALK to enhance mobility for visually impaired
Intel-owned Moovit, a mobility-as-a-service (MaaS) provider with a globally popular trip planning app, has partnered with WeWALK, a smart cane company, to help visually impaired people reach their destinations safer and more efficiently. WeWALK’s app will now be integrated with Moovit’s Transit API, which combines official local transit agency information with crowdsourced information to get… Continue reading Moovit partners with smart cane company WeWALK to enhance mobility for visually impaired
Kakao Mobility picks up additional $55M funding at over $4.2B valuation
Kakao Mobility, the South Korea-based mobility as a service (MaaS) startup behind Kakao T, a ride-hailing app, said it has raised an additional $55 million (65 billion won) from strategic investor GS Retail. This brings its total raised to about $941.4 million (1.11 trillion won) and values it at more than $4.2 billion, a spokesperson… Continue reading Kakao Mobility picks up additional $55M funding at over $4.2B valuation
Nuro and 7-Eleven to pilot autonomous delivery service in California
Convenience store giant 7-Eleven is pairing up with Nuro to pilot a commercial delivery service using autonomous vehicles in the Silicon Valley enclave of Mountain View, California. The service, which customers can access beginning December 1 through 7-Eleven’s 7NOW delivery app, will initially use Nuro’s self-driving Priuses. Eventually, the service will use Nuro’s R2 delivery… Continue reading Nuro and 7-Eleven to pilot autonomous delivery service in California
AWS launches new services for the automotive industry
At its annual re:Invent conference, AWS today announced two new initiatives for the automotive industry. One is a new product, AWS FleetWise, a new service that makes it easier for automakers to collect and retrieve sensor and telemetry data from their vehicle fleets. The other is AWS Automotive, a broader, industry-specific initiative that brings together… Continue reading AWS launches new services for the automotive industry