Ubco, the New Zealand-based electric utility bike startup, has raised $10 million to fund a global expansion focused on the U.S. market and scale up its commercial subscription service business. Ubco’s hero product, the Ubco 2X2, is an all-wheel drive electric motorbike that looks like a dirt bike but rides like a moped. What began… Continue reading Electric utility bike startup Ubco raises $10 million to fund its global expansion
Author: Tech Crunch Online News
The Station: Waymo nabs more capital, Cruise taps a $5B credit line and hints about Argo’s future
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 and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to… Continue reading The Station: Waymo nabs more capital, Cruise taps a $5B credit line and hints about Argo’s future
KeepTruckin raises $190 million to invest in AI products, double R&D team to 700
KeepTruckin, a hardware and software developer that helps trucking fleets manage vehicle, cargo and driver safety, has just raised $190 million in a Series E funding round, which puts the company’s valuation at $2 billion, according to CEO Shoaib Makani. G2 Venture Partners, which just raised a $500 million fund to help modernize existing industries,… Continue reading KeepTruckin raises $190 million to invest in AI products, double R&D team to 700
Canoo wants to connect owners to all of their vehicles — not just Canoo’s
Electric vehicle startup Canoo detailed some of the features that may be on its app on Thursday, foremost of which is a one-stop shop functionality that customers could use for their Canoo vehicles – and all their other cars, as well. This unusual approach to its branded vehicle app could potentially pay off big-time for… Continue reading Canoo wants to connect owners to all of their vehicles — not just Canoo’s
Lordstown Motors reverses claims about ‘binding orders’ for electric pickup truck
Lordstown Motors does not have binding orders from customers for its electric Endurance pickup truck — a reversal from claims made earlier this week by company executives in an effort to restore confidence in the troubled company, according to a regulatory filing released Thursday. Lordstown Motors interim CEO Angela Strand and President Rich Schmidt made… Continue reading Lordstown Motors reverses claims about ‘binding orders’ for electric pickup truck
Lincoln’s first EV will arrive in 2022 with three more to follow
Lincoln Motor will launch its first all-electric vehicle in 2022 followed by three other EVs as part of the luxury brand’s goal to electrify its entire portfolio by the end of the decade. The first EV will come to market just in time for Lincoln’s 100th birthday celebration — and nearly four years since initial… Continue reading Lincoln’s first EV will arrive in 2022 with three more to follow
Investors Clara Brenner, Quin Garcia and Rachel Holt on SPACs, micromobility and how COVID-19 shaped VC
Few people are more closely tapped into the innovations in the transportation space than investors. They’re paying close attention to what startups and tech companies are doing to develop and commercialize autonomous vehicle technology, electrification, micromobility, robotics and so much more. Clara Brenner, co-founder and managing partner of Urban Innovation Fund; Quin Garcia, the managing… Continue reading Investors Clara Brenner, Quin Garcia and Rachel Holt on SPACs, micromobility and how COVID-19 shaped VC
Self-driving trucks startup Kodiak Robotics snags investment, partnership from Bridgestone
Tire-making giant Bridgestone has taken a minority stake in Kodiak Robotics, the Silicon Valley-based startup developing autonomous trucks, as part of a broader partnership to test and develop smart tire technology. While the terms of the deal weren’t disclosed, Kodiak Robotics co-founder and CEO Don Burnette told TechCrunch that this is a direct financial investment.… Continue reading Self-driving trucks startup Kodiak Robotics snags investment, partnership from Bridgestone
Waymo, Alphabet’s self-driving arm, raises $2.5B in second external investment round
Waymo, Google’s former self-driving project that is now a business unit under Alphabet, said Wednesday it raised $2.5 billion in its second outside funding round. The company said in a blog post it will use the funds to continue growing Waymo Driver, its autonomous driving platform, and growing its team. The round saw participation from… Continue reading Waymo, Alphabet’s self-driving arm, raises $2.5B in second external investment round
EV battery swapping startup Ample charges up operations in Japan, NYC
EV battery swapping startup Ample has locked in two partnerships this month that will help fuel an expansion into Japan and New York City after years of working on the technology. The startup, which was founded in 2014 and came out of stealth in March, said Tuesday it has partnered with Japanese petroleum and energy… Continue reading EV battery swapping startup Ample charges up operations in Japan, NYC