Africa may be a diverse continent overflowing with different cultures, languages and customs, but Tuverl co-founder and CEO Hope Ndhlovu says there is one experience — or industry — that is consistent from South Africa up to Egypt and everywhere in between. Public transportation is the same fragmented, disorganized ecosystem of millions of small-to-medium private… Continue reading Tuverl aims to bring order and access to transit in Africa
Author: Tech Crunch Online News
Spotawheel raises €10M debt and equity for its ‘end-to-end’ used car buying platform
Spotawheel, the “end-to-end” digital platform for buying a used car in Poland and Greece, has raised €10 million in debt and equity funding, as it sees a bounce-back from the slowdown witnessed as the coronavirus crisis took hold. Once again the new investment was led by VentureFriends, with participation from existing investor Velocity Partners, along… Continue reading Spotawheel raises €10M debt and equity for its ‘end-to-end’ used car buying platform
GM to reveal, start taking reservations for Hummer EV on October 20
GM will reveal its GMC-branded electric Hummer on October 20, the same day that the company will also begin taking customer reservations for the new vehicle that it describes as a “super truck.” The Hummer EV debut, which was originally scheduled to occur May 20 and delayed due to COVID-19, is one of 20 electric… Continue reading GM to reveal, start taking reservations for Hummer EV on October 20
Nikola disputes fraud claims in carefully worded rebuttal
Nikola Corp., the hydrogen electric vehicle startup that went public this year through a merger with a special purpose acquisition company, released Monday a point-by-point rebuttal that attempts to disprove a report issued last week by short-seller Hindenburg Research that accused the company of fraud. In spite of the careful wording of the rebuttal, some… Continue reading Nikola disputes fraud claims in carefully worded rebuttal
Lucid Motors’ second vehicle is an electric SUV, the Gravity
Lucid Motors provided Wednesday a peek of the next vehicle in its all-electric lineup — an SUV called the Lucid Gravity. The Lucid Gravity follows the Air, a luxury all-electric sedan that was revealed Wednesday in a live streamed event. The Gravity, which will have the same underlying vehicle platform as the Air, is already… Continue reading Lucid Motors’ second vehicle is an electric SUV, the Gravity
Lidar startup Ouster raises $42M in push to grow sales, diversify products
Lidar startup Ouster has spent the past several years expanding and improving its line of sensors as it jostles for a piece of the crowded and competitive market place. Now, Ouster says it has raised $42 million, fresh capital that will be used to fund product development and ramp up sales. In short: Ouster is… Continue reading Lidar startup Ouster raises $42M in push to grow sales, diversify products
Committing to a fully zero-emission fleet by 2040, Uber is dedicating $800 million to electrifying its drivers
Ride hailing giant Uber is committing to become a fully zero-emission platform by 2040 and setting aside $800 million to help get its drivers using electric vehicles by 2025. The company said that it would invest further in its micro-mobility options as well with the goal of having 100 percent of its rides take place… Continue reading Committing to a fully zero-emission fleet by 2040, Uber is dedicating $800 million to electrifying its drivers
The Station: Yandex spins out self-driving biz, Ike takes the SaaS road and a solid-state battery startup strikes SPAC
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 newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. As… Continue reading The Station: Yandex spins out self-driving biz, Ike takes the SaaS road and a solid-state battery startup strikes SPAC
HumanForest gets $2.3M from Cabify founders and others to grow a ‘free’ e-bike sharing service
HumanForest, a dockless, shared and ad-supported e-bike service which began trialling a service in London this June, has taken in its first tranche of external funding. The £1.8 million (~$2.3M) investment comes from backers in the mobility space, including Juan de Antonio and Vicente Pascual, founders of ride-sharing app Cabify. As part of the investment,… Continue reading HumanForest gets $2.3M from Cabify founders and others to grow a ‘free’ e-bike sharing service
VW’s all-electric ID.4 will use interior lighting to communicate with the driver
Newly released teaser images of Volkswagen’s upcoming all-electric ID.4 compact SUV reveals an interior that leans in on tech, such as touchscreens and ambient lighting used to talk to the driver, without erasing every toggle or knob from automotive’s yesteryear. In short: the ID.4 appears to have struck a balance between stark minimalism and a… Continue reading VW’s all-electric ID.4 will use interior lighting to communicate with the driver