Motional

Ben Horowitz’s tight ties with the Las Vegas Police Department — and why it matters

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Over the last few years, Andreessen Horowitz co-founder and famed VC Ben Horowitz has donated at least $7.6 million to fund purchases by Las Vegas Metropolitan Police Department, including new drones from a16z-backed Skydio. Skydio is not the first of a16z’s portfolio companies to benefit from these donations, either. Today, on TechCrunch’s Equity podcast, hosts […]

Ben Horowitz’s tight ties with the Las Vegas Police Department — and why it matters Read More »

A leadership shake-up at Motional, inside the fight over TuSimple’s cash, and Fisker waffles on recall repairs

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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! The latest news cycle is a good reminder that even a grizzled old reporter who thinks she has seen it all can still be surprised — and

A leadership shake-up at Motional, inside the fight over TuSimple’s cash, and Fisker waffles on recall repairs Read More »

CEO of self-driving startup Motional is stepping down

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Motional, the autonomous vehicle startup backed by Hyundai, is shaking up its leadership ranks. Karl Iagnemma, an early pioneer in the autonomous vehicle industry whose startup Nutonomy lies at the foundation of Motional, is stepping down as president and CEO. Iagnemma will move over to a senior strategy advisor role, while CTO Laura Major will

CEO of self-driving startup Motional is stepping down Read More »

Motional cut about 550 employees, around 40%, in recent restructuring, sources say

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Around 550 employees across autonomous vehicle company Motional have been laid off, according to information taken from WARN notice filings and sources at the company.  Earlier this week, TechCrunch reported that Motional is pausing commercial operations and delaying plans to launch a robotaxi service with its next-gen Hyundai Ioniq 5 robotaxis until 2026 as it

Motional cut about 550 employees, around 40%, in recent restructuring, sources say Read More »

Motional cut about 550 employees, around 40%, in recent restructuring, sources say

Transportation /

Around 550 employees across autonomous vehicle company Motional have been laid off, according to information taken from WARN notice filings and sources at the company.  Earlier this week, TechCrunch reported that Motional is pausing commercial operations and delaying plans to launch a robotaxi service with its next-gen Hyundai Ioniq 5 robotaxis until 2026 as it

Motional cut about 550 employees, around 40%, in recent restructuring, sources say Read More »

Tesla drives Luminar lidar sales and Motional pauses robotaxi plans

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Tesla drives Luminar lidar sales and Motional pauses robotaxi plans Read More »

Motional delays commercial robotaxi plans amid restructuring

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Motional, the autonomous vehicle startup borne out of a $4 billion joint venture between Hyundai and automotive supplier Aptiv, will pause its commercial operations and delay plans to launch a driverless taxi service as it undergoes a restructuring, TechCrunch has learned. The aim is make progress on the core technology and the business model, while

Motional delays commercial robotaxi plans amid restructuring Read More »

Hyundai is spending close to $1 billion to keep self-driving startup Motional alive

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Hyundai has agreed to spend nearly $1 billion on Motional, an investment that will give the automaker a majority stake while providing the self-driving startup with the necessary capital to keep operating. The Korean automaker invested $475 million directly into Motional as part of a broader deal that includes buying out joint venture partner Aptiv.

Hyundai is spending close to $1 billion to keep self-driving startup Motional alive Read More »