Waymo recently closed a $5.6 billion Series C funding round led by parent company Alphabet and joined by a who’s who of Silicon Valley venture firms. The investment boosts Waymo’s overall valuation to more than $45 billion, according to Bloomberg News. Alphabet had previously announced in July that it was pledging another $5 billion to […]
Waymo’s latest funding round boosts it to a $45B valuation Read More »
Rivian’s chief software officer Wassym Bensaid opened up at TechCrunch Disrupt 2024 last week about his thoughts on physical buttons (“an anomaly“) and how his company will help power VW offshoot Scout’s EVs. But there’s one other item on his to-do list that he’s “super excited” about: making Rivian’s vehicles work with third-party app developers.
Rivian’s software boss is ‘super excited’ about third-party apps Read More »
DeepRoute.ai, a Shenzhen-based autonomous driving technology startup, raised $100 million from Great Wall Motor. The startup aims to get its automated driving systems into as many vehicles in China before Tesla takes off next year, according to a Reuters report. DeepRoute did not publicly disclose the name of its automaker backer, but reports in the
DeepRoute raises $100M in push to beat Tesla’s FSD in China Read More »
Vanguard has revised its valuation of Indian ride-hailing startup Ola to about $2 billion as of the end of August, according to a regulatory filing. A U.S. asset manager’s fund disclosed in a filing that it values its holding in ANI Technologies, the parent firm of Ola, at about $14.3 million, compared to some $51
Vanguard cuts Indian ride-share startup Ola’s valuation to $2B Read More »
Ford will pause production of its F-150 Lightning electric pickup truck starting in mid-November for almost two months as it struggles with decreased demand, increased competition, and losses in its electric vehicle business. “We continue to adjust production for an optimal mix of sales growth and profitability,” a Ford spokesperson told TechCrunch. The news was
Ford pauses F-150 Lightning production as Tesla Cybertruck heats up Read More »
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! TechCrunch Disrupt 2024 is wrapped! And what a whirlwind it was. Some highlights? Zoox co-founder and CTO Jesse Levinson weighed in on whether Tesla robotaxis will launch next
Autonomous vehicle technology startup Aurora Innovation is targeting April 2025 for commercial deployment of its autonomous trucks, pushing its timeline back by about a quarter. The company had originally planned to launch by the end of 2024. The company said it delayed the launch so it can continue to validate its self-driving technology. “While this
Aurora Innovation delays commercial autonomous truck launch to 2025 Read More »
The trend of big touchscreens in cars has left many yearning for the not-so-distant days when most user interactions happened with physical buttons. But Rivian’s chief software officer Wassym Bensaid believes using buttons in a car is an “anomaly.” “It’s a bug. It’s not a feature,” Bensaid said Wednesday at TechCrunch Disrupt 2024. “Ideally, you
Rivian’s chief software officer says in-car buttons are ‘an anomaly’ Read More »
Zoox co-founder and CTO Jesse Levinson doesn’t believe Tesla will launch a robotaxi ride-hailing service in California (or anywhere else) next year despite what Elon Musk recently claimed. The “fundamental issue is they don’t have technology that works,” Levinson said Wednesday at TechCrunch Disrupt 2024. “And by works, I want to differentiate between a driver
Zoox co-founder on Tesla self-driving: ‘they don’t have technology that works’ Read More »
Amazon-owned AV company Zoox will start rolling out dozens of its purpose-built autonomous vehicle in San Francisco and in Las Vegas in the coming weeks, co-founder and CTO Jesse Levinson announced on the TechCrunch Disrupt 2024 stage. Levinson said that Zoox will start offering rides — starting with employees — in the SoMa neighborhood of
Zoox custom robotaxis are finally coming to San Francisco and Las Vegas Read More »
