Tier Mobility acquires Spin from Ford, marking entry into North America
Tier Mobility, the Berlin-based micromobility operator that has been steadily taking over Europe, is making a sweeping entry into North America by acquiring Spin from automaker Ford. Tier will acquire all of Spin’s 50,000 e-scooters and e-bikes, bringing the German company’s total fleet
Waabi’s Raquel Urtasun on the importance of differentiating your startup
Raquel Urtasun, scientist, founder and CEO of autonomous vehicle technology company Waabi, launched her company in June 2021, a time when it seemed like the AV industry was consolidating.
Urtasun and her team of 40 in Toronto and California came out the gate swinging with an $83.5 million raise fro
Rivian raises price on R1T electric truck, R1S SUV ahead of new dual-motor versions
Rivian has raised the price of its all-electric R1T pickup by 17% and R1S SUV by about 20% as the newly public automaker tries to adjust to inflationary pressure, increases in the cost of raw materials and parts as well as a prolonged chip shortage.
The price change, which was updated on the compan
How Stellantis plans to double revenue, electrify lineup, by 2030
Stellantis, the automaker that owns Fiat, Chrysler, Dodge, Ram, Jeep, Peugeot, Maserati and more, is rolling out a new plan that will help it become carbon net zero by 2038, with 50% reduction by 2030. At the same time, the automaker plans to double net revenues to $335 billion a year by 2030 and m
Finland’s Jolla, maker of Sailfish OS, is trying to cut ties with Russia
Jolla, a Finnish startup that develops a mobile Linux-based alternative to Google's Android which has had some take-up by the Russian government in the past, is looking to restructure its business to jettison links to the Russian state.
We reached out to the startup earlier this week to ask if
Elon Musk and Tesla need a Tim Cook
The same story has played out for decades.
A startup blossoms and thrives under the leadership of a larger-than-life personality. A plateau soon follows. The company’s focus moves from introducing an endless string of new products to making sure what it is building meets the demands of custom
You can book dinner reservations and buy event tickets on Uber now
Uber is launching a new feature on Tuesday that will allow customers in 15 cities across the U.S. and Mexico the ability to browse and book experiences like dinner reservations or live events directly through the app.
An Explore tab in the Uber app will populate recommended destinations in categori
Waymo to begin charging for robotaxi rides in San Francisco
Waymo, the self-driving unit of Alphabet, has scored a permit with the California Public Utilities Commission that allows it to charge riders for ride-hailing trips in its autonomous vehicles in San Francisco. A human safety operator must be present, though, per the permit’s stipulations.
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Lucid rolls back production goals even as demand for luxury EV rises
Earnings season rolled along today with notes from Lucid Motors' fourth-quarter results. The company, like other electric vehicle (EV) companies, is nascent in revenue terms, albeit further along than some. The company publicly debuted as a SPAC company in July last year after merging with Chur
Cruise co-founder Kyle Vogt retakes CEO spot after GM exec’s sudden departure
Kyle Vogt, who co-founded Cruise and ran the startup for years following GM’s acquisition in 2016, is back in charge.
Vogt made the announcement Monday via a tweet.
Some fun news: I have formally accepted the CEO job at @Cruise once again.
— Kyle Vogt (@kvogt) February
Panasonic will start making Tesla’s higher-capacity EV batteries by March 2024
Panasonic aims to start mass production of a higher-capacity battery for Tesla by March 2024. The company is building a production facility for the battery at its Wakayama Factory, where it will create two more production lines and make structural improvements.
Development is continuing on the 4,68
The Station: Dispatches from a US-Ukrainian startup, Waymo gets a trade secret win and Rivian’s production strategy
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.
Hello readers: Welcome to The Station, your central hub for all past, present, and future means of moving people and packages from Point
Can Taur be the brand that makes e-scooter ownership cool?
Much of the e-scooter conversation has been dominated by the happenings of shared vehicles, the companies that deploy them and the cities in which they are deployed. But Carson Brown, co-founder and lead designer of Taur Technologies, a London-based e-scooter brand, says it’s time to separate
Carvana acquires Adesa US auction business for $2.2B to jump-start used car sales
Carvana, the online used car marketplace, has agreed to buy Kar Global’s Adesa U.S. auction subsidiary for $2.2 billion in cash, an acquisition aimed at adding another revenue stream as well as a network of physical sites that could help bolster operations.
The acquisition announcement, whic