The Station: All the news out of TC Sessions: Mobility, #PoorElon and a sobering NHTSA report

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi frens, welcome back to The Station, your weekly guide to everything going on in the world of transportation. First up

Sylndr, an online used-car retailer, raises $12.6M pre-seed to disrupt Egypt’s automotive market

Egypt is home to one of Africa's largest vehicle fleets, with over 6 million cars (80% are passenger cars) on its roads. According to this finding, most are used cars; their ratio to new vehicles is 3:1. But the used cars market isn't only enormous in Egypt; it is in almost every country wi

Hyundai to open $6.5B EV factory in Georgia

Hyundai is the latest automaker to announce plans to open an EV factory in Georgia, the same state where Rivian is preparing to break ground on its controversial plant. Hyundai's $6.5 billion EV and battery manufacturing facility outside of Savannah will further the state's goal of becoming

Luminar’s Austin Russell: ‘We probably shouldn’t have existed’ but lidar will drive next-gen safety anyway

At TC Sessions: Mobility, Luminar founder and CEO Austin Russell admitted that his now successful company was founded in hubris, but that a skeptical eye during peak lidar hype helped them focus on real markets. “It’s no longer about some theoretical promise — you actually have to

NHTSA probes Tesla Autopilot crash that killed three people

A U.S. federal agency is investigating a crash involving a 2022 Tesla Model S that may have been operating in Autopilot during a crash that killed three people. Autopilot is Tesla’s advanced driver-assistance system (ADAS) that performs automated functions such as steering, accelerating and a

Zoox reveals close-up of its autonomous robotaxi

Zoox shared a close-up of its commercial electric robotaxi at the technewss Mobility 2022 conference in San Mateo, California, on Wednesday. The Amazon subsidiary's four-passenger, fully autonomous vehicle features a cubelike body with large black sliding doors, floor-to-ceiling windows, beam

Waymo is expanding its driverless program in Phoenix

Waymo is pulling the human safety driver out of its recently expanded robotaxi operations in downtown Phoenix, Dmitri Dolgov, co-CEO of Waymo, announced on the technewss Sessions: Mobility stage on Wednesday.  “We will be starting fully autonomous, rider-only operations in the downtown Phoe

Gopuff, the instant delivery upstart, taps ex-Disney head Bob Iger as its newest investor and advisor

"speakable-summary" dir="ltr">Gopuff, the instant delivery giant valued at $15 blion, made a name for itself courting consumers wanting groceries and other essentials with an app that lets them order and get those goods delivered in around 30 minutes. Now, as the category matures and faces a period

Argo AI launches driverless autonomous vehicle testing in Miami, Austin

Argo AI, the autonomous vehicle technology company backed by Ford and Volkswagen, is launching driverless testing operations in Miami and Austin, a significant milestone for the startup that illustrates its progress toward commercialization. Argo’s announcement Tuesday follows a period of con

Fashinza, a B2B supply chain marketplace for fashion brands, raises $100M

The pandemic has majorly affected the global supply chain, with 60% of U.S. adults in an August 2021 Gallup survey saying that they’ve been unable to get a product they wanted in the past two months because of shortages. Bearing the brunt of the impact is the fashion industry, which employs m

Bird changes course, drops vehicle sales in pursuit of profitability

Bird presented its first quarter 2022 earnings on Monday after the bell. Revenue has decreased consistently since the company went public via a special purpose acquisition merger in November last year. As a result, Bird is looking at streamlining resources so it can achieve profitability this year.

Rivian founder RJ Scaringe snaps up $1M worth of EV maker’s stock

Rivian founder and CEO RJ Scaringe bought 41,000 shares of company stock worth about $1 million, a securities filing posted Monday afternoon shows. The latest proxy filing, which pre-dated this purchase, shows Scaringe owns 11.99 million shares of class A stock, or about 1.3%, and 7.82 million clas

Ballooning US EV registrations raise opportunities for startups

Electric vehicle volumes are soaring in the U.S. — with registrations up 60% in the first quarter of the year — even as the country's auto market contracted 18% as continued parts shortages constrained inventories. Between January and March, U.S. consumers registered 158,689 EVs, according

Rivian says pricing dispute with seat supplier threatens Amazon van program

Rivian filed a complaint against Commercial Vehicle Group, alleging that the supplier violated a contract and nearly doubled prices on a custom seat package bound for the electric vans it’s producing for Amazon and potentially other commercial customers. WSJ was the first to report on the com