In its second quarterly earnings release as a public company, Lyft showed it still isn’t afraid to lose money as long as that means surging revenues. Update: The company’s stock price jumped as high as 12% after-hours following the Q2 earnings release, but by 1:30pm PT the stock had sunk below the day’s close (following… Continue reading Lyft’s stock is a roller coaster after its Q2 earnings release
Author: Tech Crunch Online News
Gogoro announces Yamaha, Aeon and PGO are the first manufacturers that will use its swappable batteries in their own scooters
Gogoro, the Taiwanese electric vehicle company, has announced its first manufacturing partners. Yamaha, Aeon Motor and PGO will all launch new scooters this summer that run on Gogoro’s swappable batteries and charging infrastructure. This means consumers who like Gogoro’s battery system will have a choice between buying Gogoro’s own scooters or scooters from its three… Continue reading Gogoro announces Yamaha, Aeon and PGO are the first manufacturers that will use its swappable batteries in their own scooters
Self-driving truck startup Kodiak Robotics begins deliveries in Texas
A year after coming out of stealth mode with $40 million, self-driving truck startup Kodiak Robotics will begin making its first commercial deliveries in Texas. Kodiak will open a new facility in North Texas to support its freight operations along with increased testing in the state. There are some caveats to the milestone. Kodiak’s self-driving… Continue reading Self-driving truck startup Kodiak Robotics begins deliveries in Texas
Optimus Ride’s Brooklyn self-driving shuttles begin picking up passengers this week
Self-driving startup Optimus Ride will become the first to operate a commercial self-driving service in the state of New York – in Brooklyn. But don’t expect these things to be contending with pedestrians, bike riders, taxis and cars on New York’s busiest roads; instead, they’ll be offering shuttle services within Brooklyn Navy Yards, a 300-acre… Continue reading Optimus Ride’s Brooklyn self-driving shuttles begin picking up passengers this week
Audi’s new scooter might actually solve a major problem with scooters
Electric scooters are inundating cities, and for good reason. They’re relatively easy to use, accessible, cheap and even a fun means of traveling short distances. And yet, scooters aren’t infallible. For one, it’s nearly impossible to use hand signals, a problem that jacks up the danger factor of these increasingly popular devices. Audi introduced an… Continue reading Audi’s new scooter might actually solve a major problem with scooters
Automotive marketplace Carro acquires Indonesia’s Jualo, extends Series B to $90M
Carro, an automotive marketplace and car financing startup based in Singapore, said it has raised $30 million to extend and close its $90 million Series B financing round and acquired Indonesia-based marketplace Jualo as it looks to further scale its business in Southeast Asia. The Series B round, for which Carro raised $60 million last… Continue reading Automotive marketplace Carro acquires Indonesia’s Jualo, extends Series B to $90M
SoftBank-backed Fair taps three executives to lead vehicle subscription app expansion
Fair, the vehicle subscription startup backed by SoftBank, is loading its executive team with veterans in the tech, venture and automotive industries as it seeks to build out its Uber leasing program and expand beyond North America. Fair.com today announced three key hires to lead the development of its car subscription app, financing department and… Continue reading SoftBank-backed Fair taps three executives to lead vehicle subscription app expansion
Didi Chuxing’s autonomous driving unit is now an independent company
Didi Chuxing’s autonomous driving unit is now an independent company, the Chinese ride-sharing and transportation giant said today. Didi’s autonomous driving team was created in 2016 and now has more than 200 employees in China and the United States. Didi’s announcement comes about a month after The Information reported that Didi was in talks with… Continue reading Didi Chuxing’s autonomous driving unit is now an independent company
Tesla brings back free unlimited supercharging for the Model S and X
Tesla is resurrecting a popular benefit that CEO Elon Musk once called “unsustainable” as it attempts to boost sales of its more expensive electric vehicles. Tesla announced Saturday that all new Model S sedans and Model X SUVs will come with free unlimited access to its network of electric vehicle chargers known as superchargers. The… Continue reading Tesla brings back free unlimited supercharging for the Model S and X
An autonomous robot EV charger is coming to San Francisco
Electrify America will pilot the tech designed for fleets Kirsten Korosec 7 hours Electric-vehicle chargers today are designed for human drivers. Electrify America and San Francisco-based startup Stable are preparing for the day when humans are no longer behind the wheel. Electrify America, the entity set up by Volkswagen as part of its settlement with… Continue reading An autonomous robot EV charger is coming to San Francisco