On the same day of a massive $2.25 billion Softbank investment into General Motors’ Cruise, Fiat Chrysler Automobiles (FCA) is announcing an expanded partnership with Waymo that will add up to 62,000 more Chrysler Pacifica minivans to Waymo’s self-driving car fleet later this year. This isn’t too surprising, given Waymo said earlier this year that… Continue reading Waymo expands autonomous driving partnership with Fiat Chrysler
Author: Tech Crunch Online News
Lyft is reportedly close to buying the company behind Ford GoBike and Citi Bike
Lyft is getting close to acquiring Motivate, the company responsible for Ford GoBike in the San Francisco Bay Area and Citi Bike in the New York City area, The Information reports. The deal will reportedly be worth at least $250 million. Lyft declined to comment and Motivate wasn’t available for comment at the time of… Continue reading Lyft is reportedly close to buying the company behind Ford GoBike and Citi Bike
Coord will get you there one way or another with its new APIs
Humans still have an edge over computers when it comes to navigating a city. In areas we are familiar with, we know precisely the cadence of traffic, when to avoid the subway, when biking makes sense, and how that all fits with the current weather and our moods. We have transit intuition, which is why… Continue reading Coord will get you there one way or another with its new APIs
Scoot launches mopeds and bike-share in Barcelona
Scoot, the electric moped company that first launched in San Francisco, is deploying two new modes of transportation in Barcelona. The first is an upgrade of its original scooter that the company deploys in San Francisco. Instead of maxing out at 30 mph, this new moped can go up to 60 mph. The second mode… Continue reading Scoot launches mopeds and bike-share in Barcelona
Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation
There’s a new unicorn in the global ride-hailing space after Taxify, a startup born in Estonia that does battle with Uber across Europe and Africa, closed $175 million in new funding that takes it valuation to the $1 billion mark. Daimler, the German automotive giant which owns Mercedes-Benz among other things, led the round. The investment… Continue reading Uber’s European rival Taxify raises $175M led by Daimler at a $1B valuation
Bird is reportedly raising $150 million at $1 billion valuation
Bird, the electric scooter company that first launched in Los Angeles, is reportedly raising $150 million in new financing led by Sequoia Capital, according to Bloomberg. The round would value the company at $1 billion. This comes after Bird raised $100 million on a $300 million valuation back in March. That same month, Bird deployed… Continue reading Bird is reportedly raising $150 million at $1 billion valuation
Zipcar plans all-electric fleet of over 300 Volkswagens in London
Zipcar is rolling out a fleet of 300 Volkswagen e-Golf in London this year — in what the company is touted as the largest rollout of electric cars in a single English city. Details from the company are still sketchy, but Zipcar said that the first electric vehicles will be available over the summer, with… Continue reading Zipcar plans all-electric fleet of over 300 Volkswagens in London
The well-funded startups driven to own the autonomous vehicle stack
At some point in the future, while riding along in a car, a kid may ask their parent about a distant time in the past when people used steering wheels and pedals to control an automobile. Of course, the full realization of the “auto” part of the word — in the form of fully autonomous… Continue reading The well-funded startups driven to own the autonomous vehicle stack
Grab launches a food delivery service in Southeast Asia
Fresh from completing its acquisition of Uber’s Southeast Asia business, ride-hailing firm Grab has officially launched its food delivery business — GrabFood — today. The service is already available in beta in a handful of countries, including Thailand, but now it is available in Singapore (Grab HQ) with plans to reach Grab’s core six markets… Continue reading Grab launches a food delivery service in Southeast Asia
Tesla settles class action suit over Autopilot claims for $5M
Tesla has paid out $5 million to settle a class action lawsuit against it alleging that the Autopilot feature in the company’s cars was “essentially unusable and demonstrably dangerous.” Owners who paid $5,000 for Autopilot will be reimbursed to the tune of a couple hundred bucks, Reuters reported. Although Tesla claimed that the semi-autonomous driving… Continue reading Tesla settles class action suit over Autopilot claims for $5M