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 to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Before… Continue reading The Station: Aurora SPACs, a spin on the VanMoof X3 and a chat with Outdoorsy founders
Author: Tech Crunch Online News
Heart Aerospace raises $35M Series A, lands order with United and Mesa Airlines for 200 aircraft
Swedish electric aviation startup Heart Aerospace has received its biggest order to date: 200 of its inaugural ES-19 electric aircraft from aviation giant United Airlines and its regional airline partner Mesa Air Group. The deal, which includes an option of purchasing up to 100 additional aircraft, was announced together with a $35 million Series A… Continue reading Heart Aerospace raises $35M Series A, lands order with United and Mesa Airlines for 200 aircraft
Micromobility operator Veo raises $16M to fund U.S. expansion
Shared micromobility operator Veo has raised $16 million in new funding as the company ramps up its expansion plans in the United States. The Series A funding round, which follows permit awards in Santa Monica, San Diego and New York, will be used to expand Veo’s fleet and focus on developing city and community partnerships.… Continue reading Micromobility operator Veo raises $16M to fund U.S. expansion
Volkswagen’s new business strategy puts software and autonomous driving front and center
Volkswagen will ramp up its software, mobility as a service and battery tech to stay competitive in the coming decades, as it and other automakers prepare for the largest transition in personal mobility since the invention of the car. Laying out the company strategy Tuesday, Chief Executive Officer Herbert Diess emphasized a top-to-bottom transformation in… Continue reading Volkswagen’s new business strategy puts software and autonomous driving front and center
Bentley reveals Flying Spur Hybrid, its latest in the push towards electric
Bentley Motors, the 102-year-old ultra-luxury automaker under Volkswagen Group, revealed its newest hybrid model on Tuesday. The company says this latest iteration of the Flying Spur Hybrid is its most environmentally friendly vehicle yet. This new model is part of Bentley’s Beyond100 plan to become a carbon neutral organization with an entirely electrified range by… Continue reading Bentley reveals Flying Spur Hybrid, its latest in the push towards electric
VW offloads Bugatti to Rimac to form new EV company Bugatti-Rimac
Croatian electric supercar startup Rimac Automobili is taking over Bugatti. Rimac will own a controlling 55% share in the new company, Bugatti-Rimac, with VW’s Porsche owning the remaining 45%, according to reports by the Financial Times. “Rimac and Bugatti are a perfect match in terms of what we each bring to the table,” said founder… Continue reading VW offloads Bugatti to Rimac to form new EV company Bugatti-Rimac
Ghost raises $100M Series D for autonomous driving and crash prevention tech
Autonomous driving system developer Ghost Locomotion has raised a $100 million Series D funding round, led by Sutter Hill Ventures. Returning investor Founders Fund also participated in the round, along with Coatue. The money will be used toward R&D as the company continues to develop its highway self-driving and crash prevention technology. Ghost has been… Continue reading Ghost raises $100M Series D for autonomous driving and crash prevention tech
Pittsburgh’s Locomation puts a convoy twist on autonomous trucking
The Pittsburgh Strip District, once home to Industrial Age giants Alcoa, Heinz, U.S. Steel and Westinghouse, has evolved over the past decade into a technology and robotics hub, and notably, a testbed of autonomous vehicles. That activity has more recently spilled out beyond Smallman Street, so-called Robotics Row, past the confines of the Strip District… Continue reading Pittsburgh’s Locomation puts a convoy twist on autonomous trucking
The Station: Bird has drama in San Francisco, drone delivery startup Zipline raises $250M
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. Happy 4th of July! For those of you who are actually checking your emails today while getting some sun at an overcrowded beach or diligently grilling hot dogs,… Continue reading The Station: Bird has drama in San Francisco, drone delivery startup Zipline raises $250M
Department of Justice opens investigation into EV startup Lordstown Motors
Lordstown Motors continues to stumble. The beleaguered electric vehicle startup is now being investigated by the Department of Justice, in addition to an ongoing investigation by the Securities and Exchange Commission. The investigation, first broke by the Wall Street Journal on Friday, is still in its early stages, according to unnamed sources. It is being… Continue reading Department of Justice opens investigation into EV startup Lordstown Motors