It’s part of a larger US$100 million series D round. Go to Source
Tag: Mobility
China’s AutoX raises ‘tens of millions’ of dollars in fundraising
BEIJING — AutoX, a Chinese startup that develops autonomous vehicles, said Monday it had completed its Series pre-B financing round, taking in “tens of millions” of dollars, local tech media 36Kr reported. Shenzhen-based Hongzhao Fund led the round, which concluded at the end of 2019, while Chaoshan Capital and Shenzhen IMT Industry Group also participated.… Continue reading China’s AutoX raises ‘tens of millions’ of dollars in fundraising
China’s startup funding slump hits early-stage businesses
SHANGHAI/TOKYO — Chinese startups are facing an increasingly tough financing landscape after data showed a slide in the amount raised last year as investors shift to backing companies with track records. Chinese startups raised 774.1 billion yuan ($112 billion) in 2019, down nearly 36% from a year ago, according to Jingdata, a unit of an… Continue reading China’s startup funding slump hits early-stage businesses
Uber experiment lets California drivers set their own fares
Sponsored Links SIPA USA/PA Images Uber is testing another new feature in what is presumably a bid to help mitigate the restrictions of Assembly Bill 5, which requires the company to treat its drivers as employees, not independent contractors. Some drivers in California will now have the ability to set their own fares, which could… Continue reading Uber experiment lets California drivers set their own fares
UK begins testing unsupervised autonomous transport pods
Sponsored Links Capri Mobility Shoppers at a UK mall have the opportunity to try out autonomous transport pods this week which — in a UK first — operate entirely without supervision. The driverless pods are being tested at the Cribbs Causeway mall in Gloucestershire, and run between 10AM and 4PM every day for a week,… Continue reading UK begins testing unsupervised autonomous transport pods
MITER: Get to autonomous driving faster
MITER starts a laboratory for autonomous driving: MASE (Mobile Autonomous Systems Experimentation). MITER is a research institution in the United States that is a non-profit organization of the Massachusetts Institute of Technology (MIT) was split off. The new research institute was named Mobile Autonomous Systems Experimentation, which is abbreviated MASE. MASE should investigate ways of… Continue reading MITER: Get to autonomous driving faster
BVG discontinues shuttle project in Berlin-Tegel
The BVG ended the autonomous e-shuttle project in the north of the city on Lake Tegel. For a few months, the manufacturer’s autonomous e-shuttle was EasyMile in Berlin Tegel on road. Now the project with the name “See-Meile” has ended. Signboard Project Lake Mile The test run was ended on Friday, like that BVG announced.… Continue reading BVG discontinues shuttle project in Berlin-Tegel
Autonomous buses in Madrid, Malaga and Turin
Autonomous buses will soon become a reality in Malaga and Madrid. An autonomous e-shuttle also runs in Turin. The city governments of Madrid and Malaga want automated buses in the Public transport services integrate. An autonomous e-shuttle will start operating on the University of Madrid (UAM) campus in February. The project is carried out in… Continue reading Autonomous buses in Madrid, Malaga and Turin
Routes Launches Affiliate Program
Photo via Depositphotos. Routes Car Rental is launching its affiliation program for qualified independent operators around the world. “While Routes Car Rental continues to grow its brand through the addition of corporate locations in North America we have decided to speed up that expansion and extend our presence beyond North America by launching our Affiliate Program,” Bob… Continue reading Routes Launches Affiliate Program
Equity: Uber sells its Eats business in India, Qonto raises, and Tesla says no
Good morning, friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Equity’s regular, long-form shows still land each and every Friday, including this entry from just a few days ago. This morning, coming to you early from the frozen tundra of the American East Coast, it’s Tuesday. That’s… Continue reading Equity: Uber sells its Eats business in India, Qonto raises, and Tesla says no