G2 Venture Partners raises $500 million to fund sustainable tech
G2 Venture Partners, a firm that spun out of Kleiner Perkins Caufield & Byers, has raised $500 million to support entrepreneurs that aim to make existing industries more efficient, environmentally friendly and socially responsible.
With Fund II, G2 is most bullish about technologies in tran
Kia and Uber partner to give drivers in 20 European markets discounts to EVs
Uber and Kia Europe are teaming up to offer drivers in 20 European markets deals on buying, leasing, financing or renting Kia's e-Niro and e-Soul, the latest move by the ride-hailing giant to achieve its emissions goals.
Uber has committed to being a zero-emission mobility platform across Eur
For vehicle safety, the future is now
Every day in the United States, more than 100 people die because of a car crash. Some are teenagers, like the daughter of writer Michael Lewis and Tabitha Soren, and her boyfriend, who died in a wrong-way crash. Some are well known, like Kevin Clark, who played the drummer in “School of Rock,”
Waabi’s Raquel Urtasun explains why it was the right time to launch an AV technology startup
Raquel Urtasun, the former chief scientist at Uber ATG, is the founder and CEO of Waabi, an autonomous vehicle startup that came out of stealth mode last week. The Toronto-based company, which will focus on trucking, raised an impressive $83.5 million in a Series A round led by Khosla Ventures.
U
How autonomous delivery startups are navigating policy, partnerships and post-pandemic operations
We kicked off this year's TC Sessions: Mobility with a talk featuring three leading players in the field of autonomous delivery. Gatik co-founder and chief engineer Apeksha Kumavat, Nuro head of operations Amy Jones Satrom, and Starship Technologies co-founder and CTO Ahti Heinla joined us to d
Redwood Materials is setting up shop near the Tesla Gigafactory as part of broader expansion
Redwood Materials, the battery recycling startup founded by former Tesla CTO JB Straubel, has purchased 100 acres of land near the Gigafactory that Panasonic operates with Tesla in Sparks, Nevada as part of an expansion plan that aligns with the Biden Administration’s drive to increase adopti
The Station: Robotaxi apps on the rise, an AI pioneer’s new startup and mobility event highlights
Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B.
Welp, the mobility event is over and we had loads of interesting interviews — and anyone with an Extra Crunch subscription can acces
Lordstown Motors CEO and CFO resign amidst production woes
Beleaguered electric vehicle startup Lordstown Motors' stock shares have taken another hit after the company said Monday that CEO Steve Burns and CFO Julio Rodriguez have resigned, just a few weeks after Burns was reassuring investors of the company’s bright future.
Lordstown Motors'
Motorway’s auction platform for second-hand cars raises $67.7M Series B led by Index Ventures
Motorway is a U.K. startup that allows professional car dealers to bid in an auction for privately owned cars for sale. The startup has had rapid success by removing a lot of friction in the process. It's now raised £48 million / $67.7 million in a Series B round led by Index Ventures, along w
What’s driving the rise of robotaxis in China with AutoX, Momenta and WeRide
AutoX, Momenta and WeRide took the stage at TC Sessions: Mobility 2021 to discuss the state of robotaxi startups in China and their relationships with local governments in the country.
They also talked about overseas expansion — a common trajectory for China’s top autonomous vehicle sta
Why Mate Rimac is working on electric robotaxis
"speakable-summary" style="font-weight: 400;">Mate Rimac, the founder and CEO of Croatian electric hypercar and components developer Rimac Automobili, started a separate company nearly three years ago to work on electric robotaxis.
Little is known about the company, which still operates in stealth.
Elon Musk reveals the Tesla Model S Plaid
Tesla finally held the long-awaited, and once rescheduled, “delivery event” for its ultra-fast Model S Plaid at its factory in Fremont, California. The electric vehicle company will begin with 25 deliveries on Friday evening, expanding to several hundred cars per week and a thousand car
Archer Aviation reveals 2-seater demonstration aircraft, a ‘stepping stone’ toward commercial operations
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Apple confirms hiring of Ulrich Kranz, former CEO of EV company Canoo
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"">Apple has hired the former co-founder and CEO of electric vehicle company Canoo to help with the development of the Apple Car, Bloomberg first reported, citing unnamed sources. Apple has confirmed to Tec