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Einride founder steps down as CEO amid push to scale electric, autonomous trucks

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Robert Falck, the founder of electric and autonomous trucking startup Einride, is stepping down from the role of CEO as the company works towards scaling its technology, raising more funds, and exploring the possibility of an IPO.  Falck will transition to the role of executive chairman of the board where he will focus on Einride’s […]

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Uber Freight bets big on AI tools to grow its business

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Three years ago, as the pandemic caused chaos for companies big and small, Colgate-Palmolive’s chief supply chain officer Luciano Sieber orchestrated a “logistics blitz.”  The result gave Sieber a better understanding of how Colgate-Palmolive moves its products around the world. But it stuck Sieber with another problem: too much data.  About a year ago, Sieber

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Luminar kicks off another round of layoffs amid CEO’s sudden resignation

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Luminar, the lidar company founded by recently replaced CEO Austin Russell, is going through another restructuring, according to a recent regulatory filing. This new round of layoffs, which the company did not provide figures for, follows extensive cuts to the workforce in 2024. Luminar cut about 30% of its workforce in 2024, a reduction that

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Musk says Tesla’s self-driving tests will be geofenced to ‘the safest’ parts of Austin

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The first test of Tesla’s long-promised robotaxi service in Austin, Texas next month will initially be limited to specific areas the company deems “the safest,” CEO Elon Musk told CNBC in an interview Tuesday. Tesla’s cars are “not going to take intersections unless we are highly confident [they’re] going to do well with that intersection,

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Amazon’s Zoox to start testing AVs in Atlanta, following Waymo

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Amazon’s autonomous vehicle unit Zoox is about to start mapping and gathering data in Atlanta, Georgia, a precursor to testing its self-driving vehicles and eventually offering public rides in the city. Atlanta will become the seventh city in the U.S. where Zoox is testing its vehicles. The company announced its testing plans just one day

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Sylndr, with fresh $15.7M, allows users to buy, sell, finance, and service used cars in Egypt

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Cairo-based Sylndr has raised $15.7 million as it expands beyond online used car sales into auto financing, servicing, and tools for dealers. The round was led by Development Partners International’s Nclude Fund and included follow-on investments from Algebra Ventures and Nclude. The company, which operates in Egypt’s fast-growing but under-digitized vehicle market, said the latest

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Waymo gets OK to expand robotaxi service into more of Silicon Valley

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The California Public Utilities Commission has approved Waymo’s request to expand its commercial robotaxi service area, opening the door for the Alphabet company to bring its driverless ride-hailing vehicles into more communities south of San Francisco. The company said in a post on X the approval won’t change its plans in the near term. Today,

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Waymo and Uber are giving some riders early access to Atlanta robotaxi service

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Waymo and Uber will start offering robotaxi rides in Atlanta to select customers who earlier this year signed onto a waitlist. The move comes ahead of the companies’ public robotaxi launch this summer. Customers selected for early access will be notified in the Uber app and via email. Those who opt for the robotaxi rides

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Billionaire founder of Luminar replaced as CEO following ethics inquiry

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Austin Russell, who became a billionaire after his lidar startup Luminar went public, appears to be out as CEO, according to the company’s board. Luminar’s board announced Wednesday — the same day of its first-quarter earnings report — it had replaced Russell and appointed Paul Ricci to the role. Ricci is the former chairman and

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Nikola’s hydrogen trucks hit the auction block

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Nikola’s hydrogen trucks are officially up for auction, one of the company’s last big steps in unloading all of its assets after filing for bankruptcy in February. Auction house Gordon Brothers reached an agreement with Nikola in Delaware bankruptcy court to purchase the hydrogen trucking assets late last week. Over the weekend, Gordon Brothers published

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