Foiled again: Candela raises another $20M to set course for the future of ferries
Swedish company Candela this summer will launch its 30-passenger commercial hydrofoil shuttle, the P-12, the vessel it believes will change the course of motorized water transport. Following its C-7 and C-8 leisure cruisers, Candela has already been making waves with its drive to transition to foss
Via confirms it’s acquired trip planning app Citymapper to boost its transit tech
Last month, when transportation startup Via raised $110 million at a $3.5 billion valuation, CEO Daniel Ramot said it planned to make acquisitions to grow its transportation technology stack. Now, a piece of that strategy is falling into place: today the company is announcing its acquisition of Cit
Zipline unveils cute little droid to make drone delivery more accurate
Zipline unveiled its next generation electric autonomous drone platform Wednesday that includes an updated drone as well as a more accurate method of delivering parcels to a customer’s home.
Zipline historically has parachuted packages from the sky and onto a target area roughly the size of a
TuSimple co-founder blames exit on CEO pay and autonomy downgrade
TuSimple co-founder Xiaodi Hou has refuted allegations from senior leadership that he was trying to poach staff for his new company. In a LinkedIn post, Hou said that he resigned from TuSimple’s board last week due to disagreements about CEO Cheng Lu’s compensation package, as well as t
Europe’s Bolt expands to Nepal with ride-hailing service
European startup Bolt is expanding to Nepal and launching its ride-hailing service in the country. The company’s previous market expansion was its launch in Thailand in 2020.
On Wednesday, Bolt announced the pilot of its on-demand ride-hailing service in Nepal’s capital, Kathmandu. The
California agency must provide Tesla with details of racial bias investigation
California’s Civil Rights Department (CRD) must provide Tesla with details of the investigation it conducted prior to filing a lawsuit against the company for racial discrimination, a judge has ruled.
The CRD first sued Tesla in February last year after receiving several allegations that Tesl
Cruise to begin testing Origin robotaxis in Austin in coming weeks
Cruise, the self-driving unit under GM, is rolling out its custom-built Origin robotaxi on Austin’s public streets in the next several weeks, CEO Kyle Vogt said while onstage at SXSW.
The Origin vehicles won’t be accessible to the public — at least for a while. For now, Cruise will be
Inside Lightship’s electric RV
Lightship finally showed off to the world — or at least those attending SXSW in Austin this week — a prototype of the L1, an all-electric RV designed to remove a barrier for owners of all-electric SUVs and trucks who want to haul a travel trailer on long road trips.
The result, which earned the
TuSimple co-founder resigns, accused of poaching staff for new venture
TuSimple’s co-founder Xiaodi Hou resigned from the company’s board of directors last week amid an internal investigation which sought to verify claims that Hou approached TuSimple employees about leaving the company to join his new venture, per an SEC filing.
Sources familiar with the m
California court upholds Prop 22 in win for Uber, Lyft, DoorDash
"speakable-summary" data-type="paragraph">A California appeals court on Monday reversed a lower-court ruling that found Proposition 22, the ballot measure passed in November 2020 that classified Uber and Lyft drivers as independent contractors rather than employees, to be illegal.
The decision by th
Arrival nabs $300M lifeline, but is still seeking more funds
Struggling electric vehicle company Arrival has secured a $300 million lifeline to help it stay in business into late 2023, but no later. The company is seeking additional dedicated funds to develop its XL delivery vans for the U.S. market and start production in Charlotte, North Carolina by 2024.
Volkswagen and PowerCo to build North American battery factory in Canada
Volkswagen Group and its battery company PowerCo have picked Canada for its first overseas battery cell factory.
The plant, located in St. Thomas, Ontario, will produce battery cells beginning in 2027, according to the German automaker. PowerCo, a VW company that launched in July 2022, will handle
China’s robotaxi upstart WeRide confidentially files for IPO
WeRide.ai, one of the most funded Chinese robotaxi operators, has confidentially filed to go public in the U.S., Bloomberg reported on Monday. The company declined to comment when reached by technewss.
China’s autonomous driving startups have been racking up hefty investments in the past few
Porsche adds all-electric flagship SUV to its growing EV lineup
Porsche said Monday it will add a full-sized all-electric SUV to its lineup — slotting above several other upcoming EVs — as part of its goal for 80% of all new sales to be EVs by 2030.
Porsche didn’t share many details about the all-electric SUV, including its name, price point or speci