Einride, the Swedish autonomous vehicle startup known for its futuristic pods designed to haul freight, has raised $25 million in a Series A round that will be used to fund its expansion into the United States. The round was co-led by EQT Ventures and NordicNinja VC, a fund backed by Panasonic, Honda, Omron and the […]
Shuttle startup Via and the city of Cupertino are launching an on-demand public transportation network, the latest example of municipalities trying out alternatives to traditional buses. The aim is for these on-demand shuttles, which will start with six vans branded with the city of Cupertino logo, to provide more efficient connections to CalTrain and increase […]
Volvo group’s Polestar electric performance car sub-brand has announced pricing for the Polestar 2, the company’s second production car, a four-door mid-sized fastback that will begin production in 2020 and start shipping as early as next June. Starting prices are set at between 58,800€ (around $63,720 U.S.). Those prices include three years of service and […]
Micromobility has taken off over the last couple of years. Between electric bike-share and scooter-share, these vehicles have made their way all over the world. Meanwhile, some of these companies, like Bird and Lime, have already hit unicorn status thanks to massive funding rounds. Horace Dediu, the well-known industry analyst who coined the term micromobility […]
Cars might still reign supreme, but things they are a changin’. And companies are lining up to provide new ways — and some recycled ones — for people to get from Point A to Point B. The past several years have seen an explosion in startups, automakers and tech companies launching and testing products from […]
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 […]
Fair, the $1.2 billion startup backed by SoftBank that has built a smartphone-based car leasing platform that lets people takes cars for as little as one month, is making another acquisition in the ongoing consolidation of the short-term car rental market. It’s picking up Canvas, another platform for leasing cars, from its owner Ford Motor […]
Scooter startup Lime is ending the juicer model in Paris. The company has announced that it will stop working with freelancers to recharge scooter batteries at night. Lime is switching to Amazon’s model by partnering with third-party companies. Lime has often been criticized for relying on freelancers to take care of its scooters. As Libération […]
Electric bike maker Cowboy has recruited a well-known name when it comes to mobile app design. Jeremy Le Van co-founded Sunrise, a well-designed calendar app that was acquired by Microsoft back in 2015. Le Van will become VP of Product and lead the development of Cowboy’s mobile app. Following Sunrise’s acquisition, Le Van has worked […]
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 […]