Autonomous trucking startup Waabi has bagged Volvo Group Venture Capital AB, the automaker’s VC arm, as a strategic investor. The companies aren’t disclosing the amount invested, nor many other details about the deal, but having Volvo on board will both provide Waabi access to Volvo’s extensive industry network and help the startup explore opportunities for… Continue reading Self-driving truck startup Waabi brings on Volvo VC as strategic investor
Author: Tech Crunch Online News
Uber, Bolt drivers hope for increased earnings foiled as Tanzania reinstates 25% commission
Barely a year after Tanzania capped the commissions that e-hailing firms like Uber and Bolt charge their partners at 15%, the authority in charge has backtracked on the order, taking away drivers’ prospects of increased earnings. The fee was increased to 25% effective last Sunday after the Land and Transport Regulatory Authority (Latra) issued a… Continue reading Uber, Bolt drivers hope for increased earnings foiled as Tanzania reinstates 25% commission
Kate is a new car maker focused on micro-cars for everyday use
Meet Kate, a French company that wants to create a tiny car that you can use for your daily commute and various errands. In addition to CEO Matthias Goldenberg and CTO Pierre Escrieut, Kate is also co-founded by Thibaud Elzière, the serial entrepreneur behind Hexa, the startup studio formerly known as eFounders. While Kate is… Continue reading Kate is a new car maker focused on micro-cars for everyday use
Gogoro, Belrise JV to spend $2.5B on battery swapping network in Indian state
Gogoro, the Taiwanese paladin for two-wheeler battery swapping, is working with the Indian state of Maharashtra to establish state-wide battery charging and swapping infrastructure. The initiative will be driven by a “50-50” partnership between Gogoro and Belrise Industries, an automotive systems manufacturer based in India, that will form an infrastructure company to own the batteries… Continue reading Gogoro, Belrise JV to spend $2.5B on battery swapping network in Indian state
Tesla engineer testifies that 2016 video promoting self-driving was faked
Tesla faked a 2016 video promoting its self-driving technology, according to testimony by a senior engineer reviewed by Reuters. The video, which shows a Tesla Model X driving on urban, suburban and highway streets; stopping itself at a red light; and accelerating at a green light is still on Tesla’s website and carries the tagline:… Continue reading Tesla engineer testifies that 2016 video promoting self-driving was faked
Uber drivers in Europe gain access to Tesla, Polestar and other EVs through Hertz
Uber has expanded an agreement with Hertz to get thousands of ride-hailing drivers behind the wheel of an electric car — this time in Europe. The two companies announced that Hertz will make up to 25,000 EVs available to Uber drivers in European capital cities by 2025. The announcement comes about 15 months after Uber… Continue reading Uber drivers in Europe gain access to Tesla, Polestar and other EVs through Hertz
Tesla rolls into a pressure cooker, Paris mulls its scooter future, and the double SPAC arrives
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages… Continue reading Tesla rolls into a pressure cooker, Paris mulls its scooter future, and the double SPAC arrives
Paris to hold vote on shared scooters
This weekend, Mayor of Paris Anne Hidalgo told Le Parisien that Parisians will get to vote whether they want to ban free-floating electric scooters or not. As I explained last week, Dott, Lime and Tier, the three scooter companies currently operating in the city, have operating licenses that are set to expire on March 23rd,… Continue reading Paris to hold vote on shared scooters
Didi gets China approval to relaunch after 18-month security probe
Eighteen months after its app was suspended in China, ride hailing giant Didi made a comeback on Monday. The move came as China showed signs of easing up its sweeping regulatory clampdown on the internet sector over the past three years. In July 2021, Chinese authorities ordered the country’s app stores to remove Didi, citing… Continue reading Didi gets China approval to relaunch after 18-month security probe
Bugatti’s new electric scooter is bigger with W16 Mistral vibes
Somewhere hidden amid the thousands of flashy displays and exhibits at CES 2023 in Las Vegas was the newly upgraded 2023 Bugatti electric scooter. TechCrunch never saw it. Did anyone? Luckily, details and images of the 2023 model, a 10% larger, more premium electric scooter, have now been released into the world. Bugatti, through a… Continue reading Bugatti’s new electric scooter is bigger with W16 Mistral vibes