Transportation

Monarch Tractor CEO says $133M raise will help it escape ‘quite a challenging time’

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Monarch Tractor was in a tricky spot late last year as the autonomous electric tractor startup juggled growth and an uncertain fundraising environment. Now, with $133 million in new funds, CEO Praveen Penmetsa tells TechCrunch that the startup is plowing ahead into greener pastures.  The $133 million Series C funding round was co-led by agri-food […]

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Here’s how the CrowdStrike outage is affecting planes, trains and automobiles

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The CrowdStrike outage that hit early Friday morning and knocked out computers running Microsoft Windows has grounded flights globally. Major U.S. airlines including United, American Airlines and Delta Air Lines have halted flight operations around the world. According to FlightAware, which is tracking the cancellations live, 7% of United Airlines flights, 8% of American Airlines

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Elon Musk is now a villain in Joe Biden’s presidential campaign

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Elon Musk has made it clear he doesn’t like Joe Biden. But since Musk officially endorsed and is reportedly financially backing Donald Trump in this year’s presidential campaign, Biden is returning the favor. The president is now directly campaigning on Musk — and other high-profile and wealthy Silicon Valley VCs — supporting Trump’s bid. “I’m

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Fisker scores a win, an AV startup reboots in Texas, and why Elon pushed the Tesla robotaxi reveal

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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! Another week, another batch of transportation news. And as always, senior reporter Sean O’Kane is deep in the Fisker beat.  Fisker has a little something to celebrate

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Ford’s EV plans are in flux once again as it invests $3B into its biggest trucks

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Ford said Tuesday it will expand production of its Super Duty trucks to a factory in Canada that was slated for a $1.34 billion transformation into an assembly plant for its next-generation of electric vehicles. The U.S. automaker said it will start producing F-Series Super Duty pickups at its Oakville Assembly plant in Ontario, Canada,

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Fintech startup Coast lands $40M just 4 months after its last $25M raise

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Coast, a startup that describes itself as “a financial services platform for the future of transportation,” has raised $40 million in Series B funding — just four months after announcing a $25 million round, the startup has told TechCrunch exclusively. Back-to-back fundraises were common prior to and during the wild investment days of 2021, but

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