Porsche is upping its plug-in hybrid game with several new vehicles added to its lineup, including a power-packing 2020 Cayenne Turbo S E-Hybrid. The plug-in version of this flagship SUV combines a 14.1-kilowatt-hour battery and 134-horsepower electric motor with a 4.0-liter twin turbocharged V8 engine found in the traditional gas-powered Cayenne Turbo. The electric motor… Continue reading Porsche packs the power into its newest Cayenne plug-in hybrids
Author: Tech Crunch Online News
Uber lost more than $5B last quarter
Uber has disclosed earnings for the second time since becoming a public company, reporting revenues of $3.16 billion on losses of $5.2 billion for the second quarter of 2019. Uber (NYSE: UBER) closed up more than 9% Thursday at $42.98 per share, just below its $45 IPO price, but took a nose dive of more… Continue reading Uber lost more than $5B last quarter
Bosch is working on glasses-free 3D displays for in-car use
German auto industry giant Bosch is developing new technology that will add glasses-free 3D imaging to future versions of its in-car digital display technology. These 3D displays use passive 3D tech, which means you won’t need to wear glasses to see the effect, and it also skips eye tracking, which is a key ingredient for… Continue reading Bosch is working on glasses-free 3D displays for in-car use
Y Combinator-backed Trella brings transparency to Egypt’s trucking and shipping industry
Y Combinator has become one of the key ways that startups from emerging markets get the attention of American investors. And arguably no clutch of companies has benefitted more from Y Combinator’s attention than startups from emerging markets tackling the the logistics market. On the heels of the success the accelerator had seen with Flexport,… Continue reading Y Combinator-backed Trella brings transparency to Egypt’s trucking and shipping industry
Car2go hikes hourly rental rates by as much as a third
By-the-minute car rental service Car2go is raising its rates for short trips under the guise of variable pricing, the company announced to its users today. As we’ve seen with other variably priced services like delivery and ride hailing, in practice this means you never really know what it will cost but will have little choice… Continue reading Car2go hikes hourly rental rates by as much as a third
Proterra, the Tesla of electric buses, closes in on $1 billion valuation
Proterra has authorized shares to raise $75 million, a new round of funding that would push the electric bus maker’s valuation past $1 billion, TechCrunch has learned. The company authorized the sale of 10,857,762 shares at a price of $6.91 in a Series 8 round, according to a securities filing that was obtained by the… Continue reading Proterra, the Tesla of electric buses, closes in on $1 billion valuation
Skip scooters are returning to Washington, D.C. after battery fires
Following battery issues and a single-alarm fire caused by improperly disposed of batteries in Washington, D.C., Skip has been given the green light to resume operations in Washington, D.C. and the surrounding areas of Alexandria and Arlington. The plan is to redeploy the scooters in the coming weeks. In June, a battery on one of… Continue reading Skip scooters are returning to Washington, D.C. after battery fires
Autonomous air mobility company EHang to deploy air shuttle service in Guangzhou
China’s EHang, a company focused on developing and deploying autonomous passenger and freight low-altitude vehicles, will build out its first operational network of air taxis and transports in Guangzhou. The company announced that the Chinese city would play host to its pilot location for a citywide deployment. The pilot will focus on not only showing… Continue reading Autonomous air mobility company EHang to deploy air shuttle service in Guangzhou
FlixMobility extends Series F at $2B+ valuation as it gears up to add cars to its bus and train network
Back in July it emerged that FlixMobility — the company behind the network of ubiquitous green FlixBus coaches that crisscross Europe and parts of the U.S. — had raised about €500 million in the largest-ever round of funding for a German tech company. That turned out not to be the full story. Today, the company… Continue reading FlixMobility extends Series F at $2B+ valuation as it gears up to add cars to its bus and train network
Postmates lands first-ever permit to test sidewalk delivery robots in San Francisco
On-demand delivery business Postmates says it’s been granted the first-ever permit for sidewalk robotics operations in the city of San Francisco. According to San Francisco Public Works, the permits are active for 180 days and authorize the testing of up to three autonomous delivery devices. We’ve reached out to the Public Works department for comment.… Continue reading Postmates lands first-ever permit to test sidewalk delivery robots in San Francisco