Clutter acquires The Storage Fox for $152M to add self-storage to its on-demand platform

The world of on-demand storage has seen some ups and downs, with some of the biggest hopefuls pivoting into new areas, some as unrelated as cryptocurrency, in the search for better product-market fit. One that found its groove early on, however, is today announcing an acquisition to expand its existing business into a new market category. […]

Lime is shutting down car rental service, LimePod

Transportation startup Lime is shutting down LimePod, its car-sharing service that it launched last November in Seattle. Lime plans to start removing its vehicles from the streets of Seattle next month and will completely shut down the service by the end of the year. The news was first reported by GeekWire. Lime has operated a […]

Wing will test drone delivery in the US with Walgreens and FedEx

Wing, the drone delivery company that started its life within the Google X lab before spinning out into its own thing under the Alphabet umbrella, is prepping for takeoff. The company announced this morning that it’s launching a test program in Virginia with Walgreens, FedEx and local retailer Sugar Magnolia. As part of the program, […]

Amazon orders 100K electric delivery trucks from Rivian as part of going carbon neutral by 2040

Amazon will be stepping up its efforts to reduce its climate impact, CEO Jeff Bezos announced on Thursday. The company will be ordering 100,000 electric delivery trucks from Michigan’s Rivian as part of this commitment, Bezos said. The commerce giant will seek to meet its goal of becoming carbon neutral by 2040 – 10 years […]

Rocket Lab moves closer to opening US launch facility with landing pad completion

Rocket Lab is nearing completion of its second launch facility — its first in the U.S., located on Wallops Island in Virginia. The company announced that it has finished installing the launchpad at Launch Complex 2, which is set to finish construction as early as the end of this year, with the first launches taking […]

SoftBank-backed Getaround is raising $200M at a $1.5B+ valuation

Getaround, a car-sharing platform and winner of TechCrunch Disrupt New York Battlefield 2011, will enter the unicorn club with a roughly $200 million equity financing. The deal values Getaround, founded in 2009, at $1.7 billion, according to an estimate provided by PitchBook. Getaround declined to comment, citing internal policy on “funding speculation.” “Getaround and our […]

Porsche’s all-electric evolution: from sketch to Mission E concept to Porsche Taycan

The Porsche Taycan, the German automaker’s first all-electric sports car, has arrived. After four years of development, the company lifted the veil Wednesday on the Porsche Taycan. Here’s a look back at how this four-door electric vehicle developed from a few sketches to the Mission E concept, and then to the Taycan prototype and final […]

Urbvan raises $9 million for its private shuttle service in Mexico

As cities in emerging markets grapple with increasingly traffic-clogged and dangerous streets, Urbvan, a startup providing private, high-end transportation shuttles in Mexico, has raised $9 million in a new round of financing. Co-founded by Joao Matos Albino and Renato Picard, Urbvan is taking the reins from startups like the now-defunct Chariot and tailoring the business […]

Autonomous air transport startup Elroy Air completes first flights of large cargo VTOL

SF-based Elroy Air hopes to transform bulk air cargo shipping with its ‘Chapparal’ vertical take-off and landing craft, the first version of which will be able to carry 250 lbs of cargo as far as 300 miles. The startup, which was founded in 2016 by experienced professionals with track records of working in UAS (uncrewed […]

The 2020 Chevy Bolt EV now has a 259-mile range thanks to some cell chemistry tinkering

The 2020 Chevy Bolt EV now has 259 miles of range, a 9% increase from previous year models of the electric hatchback, according to the EPA. To get there, the company focused on cell chemistry, not the battery pack. The GM brand did not add more battery cells or change the battery pack or the way […]