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! Am I the only one whose head is spinning from all of the transpo news this week? Reminder, it’s only Thursday morning. Let’s jump in! Oh wait, […]
VW taps Rivian in $5B EV deal and the fight over Fisker’s assets Read More »
The airline industry is headed for record revenue this year — $996 billion — as the demand for travel soars. But the margins remain razor-thin. According to the trade association IATA, total expenses for airlines are projected to reach $936 billion, with earnings coming out to around $6.14 per passenger. That’s about the price of
Fetcherr lands $90M to get airlines on board with dynamic pricing Read More »
GM’s Cruise has appointed Marc Whitten — a video game veteran who was a founding engineer at Xbox and Xbox Live— as CEO. The Cruise CEO position has been vacant since December when co-founder Kyle Vogt resigned as part of a broader executive shakeup following an October 2 incident that saw a pedestrian run over
GM’s Cruise taps Xbox video game veteran as next CEO Read More »
Volkswagen Group said Tuesday it will invest $1 billion into EV startup Rivian as part of a broad software development deal that could expand to as much as $5 billion. It’s a boon for Rivian, which has a tenuous path ahead as it pushes to develop its mass-market R2 SUV. The company’s shares shot up
VW to invest up to $5B in Rivian software deal Read More »
Waymo no longer has a waitlist for its San Francisco robotaxi service, removing the final obstacle for customers keen to use the self-driving technology. Waymo said Tuesday that anyone can download the app and then immediately hail one of its robotaxis in San Francisco — a move that mimics the Alphabet-owned company’s strategy in Phoenix,
Waymo dumps its waitlist and opens up its San Francisco robotaxi service to everyone Read More »
Wisk Aero, a subsidiary of Boeing, has acquired Verocel, a software verification and validation company with 25 years of experience in the aerospace industry. Wisk has an autonomous-first approach to eVTOL. The company’s Generation 6 aircraft, which is slated to begin airborne tests this year, is designed to be supervised by humans, but not physically
Boeing’s Wisk Aero buys Verocel to boost software safety for self-flying eVTOL Read More »
Uber Freight and Aurora Innovation have announced a multi-year collaboration that will see Aurora’s autonomous driving technology offered on the Uber Freight network through 2030. The deal gives Aurora access to shipping customers as it prepares to launch its fully driverless commercial service later this year. It also helps Aurora also secure longer-term customers through
Uber Freight and self driving trucks startup Aurora partner for the long haul Read More »
Software maker CDK says it will take “several days” to bring its systems back online following back-to-back cyberattacks, as car dealerships and auto shops around the U.S. reliant on the company’s software enter a second week of disruption. In a statement, CDK spokesperson Lisa Finney confirmed that the company has “begun the restoration process” of
Car dealership outages drag on after CDK cyberattacks Read More »
Fisker is just a few days into its Chapter 11 bankruptcy, and the fight over its assets is already charged, with one lawyer claiming the startup has been liquidating assets “outside the court’s supervision.” At issue is the relationship between Fisker and its largest secured lender, Heights Capital Management, an affiliate of financial services company
The fight over Fisker’s assets is already heating up Read More »
Aether Fuels has raised $30.4 million of a $34.3 million round, according to an SEC filing. The e-fuels startup is working on producing fuel for aviation and maritime shipping using carbon dioxide and other waste carbon streams. The new round would give the company’s bank account a healthy bump; Aether Fuels had previously raised $8.5
E-fuels startup Aether Fuels is raising $34.3 million, per filing Read More »
