A new alliance between Swedish electric performance automaker Polestar and EV infrastructure startup ChargePoint takes aim at the charging experience with the debut of an in-car app that will let customers seamlessly charge their Polestar 2 model vehicles. Seamless charging—being able to pull up to a charging station, plug in and let the vehicle handle… Continue reading Polestar, ChargePoint introduce seamless charging in new partnership
Author: Tech Crunch Online News
While eyeing a SPAC, Swedish autonomous EV company Einride nears $75 million in new funding
Swedish autonomous electric vehicle startup Einride is aiming to continue the momentum sparked by partnerships with Oatly and Lidl by seeking additional capital, TechCrunch has learned. Einride is seeking $75 million in new financing, while at the same time exploring the potential for a public listing through a special purpose acquisition company, according to people… Continue reading While eyeing a SPAC, Swedish autonomous EV company Einride nears $75 million in new funding
Last-mile delivery robotics company Refraction AI raises $4.2M
Ann Arbor-based Refraction AI announced today that it has raised a $4.2 million seed round. The startup, which debuted on the TechCrunch Sessions: Mobility stage back in 2019, was founded by a pair of University of Michigan professors (Matthew Johnson-Roberson — now CTO — and Ram Vasudevan) seeking to solve a number of issues posed… Continue reading Last-mile delivery robotics company Refraction AI raises $4.2M
California bill would require all self-driving vehicles to be zero emission by 2025
California might be the first state to give self-driving cars a deadline to electrify. In mid-February, a bill was quietly introduced into the California State Legislature that would require all autonomous vehicles to also be zero emission by 2025. Proposed Bill SB 500, which was introduced by Senator Dave Min and sponsored by the Union… Continue reading California bill would require all self-driving vehicles to be zero emission by 2025
Eco raises $26M in a16z-led round to scale its digital cryptocurrency platform
Eco, which has built out a digital global cryptocurrency platform, announced Friday that it has raised $26 million in a funding round led by a16z Crypto. Founded in 2018, the SF-based startup’s platform is designed to be used as a payment tool around the world for daily-use transactions. The company emphasizes that it’s “not a… Continue reading Eco raises $26M in a16z-led round to scale its digital cryptocurrency platform
Porsche unveils two new electric bikes alongside the Taycan Gran Turismo
Porsche is taking its electrification ambitions to two wheels. The German automaker unveiled two electric bikes Thursday, alongside the global debut of the Porsche Taycan Cross Turismo, the latest variant to its EV flagship. Both electric bikes are said to be inspired by the Taycan, Porsche’s first electric vehicle that kicked off its broader EV… Continue reading Porsche unveils two new electric bikes alongside the Taycan Gran Turismo
Luxury air travel startup Aero raises $20M
Aero, a startup backed by Garrett Camp’s startup studio Expa, has raised $20 million in Series A funding — right as CEO Uma Subramanian said demand for air travel is returning “with a vengeance.” I last wrote about Aero in 2019, when it announced Subramanian’s appointment as CEO, along with the fact that it had… Continue reading Luxury air travel startup Aero raises $20M
GM, LG Chem studying the feasibility of a second battery cell plant in the US
General Motors is exploring building a second U.S. battery cell manufacturing plant with its joint-venture partner, Seoul, South Korea-based LG Chem. If the plant moves forward, it would be the latest in a series of investments aimed at building out the auto giant’s portfolio of electric vehicles. The company’s joint venture with LG, Ultium Cells… Continue reading GM, LG Chem studying the feasibility of a second battery cell plant in the US
IFC backs Bolt with $24M to expand its transportation network in emerging markets
Bolt, an Uber competitor that is building an international on-demand network of services to transport people, food and other items in cars, scooters and bikes across Europe and Africa, has picked up some strategic funding today to continue expanding its business in emerging markets. The International Finance Corporation, a division of the World Bank, is… Continue reading IFC backs Bolt with $24M to expand its transportation network in emerging markets
The Aston Martin DBX is a tale of two vehicles
The Aston Martin DBX is the brand’s first SUV — and the stakes for the iconic British luxury car maker couldn’t be higher. Like Astons before it, the DBX is objectively handsome. Its sculptural form stretches out to unapologetic ample proportions, and stands out in the crowd of SUVs that frequent the private-school pickup lane.… Continue reading The Aston Martin DBX is a tale of two vehicles