Posts filtered by tags: Tech[x]


Harley-Davidson’s ‘Rewire’ plan starts with 700 jobs cuts, ousted CFO

Harley-Davidson, the storied and struggling Milwaukee-based company that last year launched its first production electric motorcycle in an effort to reboot sales and appeal to a younger customer base, is cutting 700 jobs from its global operations. About 500 workers will be laid off before the end of the year, the company said Thursday. The company’s CFO John Olin is also out, effective immediately. Harley-Davidson’s current VP Treasurer Darrell Thomas has taken over as interim CFO until a succe...
Tags: TC, Transportation, Asia, Milwaukee, Tech, Automotive, Pennsylvania, Wisconsin, Harley Davidson, Baby Boomer, Livewire, Zeitz, Jochen Zeitz, Harley-Davidson LiveWire, John Olin, Darrell Thomas

Fisker raises $50 million to bring its all-electric Ocean SUV to market in 2022

Electric vehicle startup Fisker Inc. said Wednesday it has raised $50 million, much needed capital that will go towards funding the next phase of engineering work on the company’s all-electric luxury SUV. The startup is aiming to launch the Fisker Ocean SUV in 2022. The Series C funding round was led by Moore Strategic Ventures LLC, the private investment vehicle of Louis M. Bacon, the billionaire hedge fund manager . “Since we first showed the car at CES earlier this year, reaction from cust...
Tags: TC, China, Los Angeles, Tech, Automotive, Electric Vehicles, Bmw, Henrik Fisker, Fisker, Karma Automotive, Volkswagen America, Fisker Automotive, Fisker Inc, Wanxiang Group, Louis M Bacon, Silicon Valley Building

Mercedes opts for more screens and fewer buttons in the 2021 S-Class

Teaser images and leaked photos of the 2021 Mercedes-Benz S-Class suggested the automaker was moving towards a more digital-centric interior. That might have been an understatement. Mercedes-Benz revealed Monday its second-generation MBUX infotainment system and it is loaded with new technology, including touchscreens, augmented reality head-up display as well as improved voice and facial recognition. Gone are many of the physical switches found in the older version of the S-Class. Mercedes said...
Tags: TC, Transportation, Tech, Automotive, Connected Cars, Mercedes Benz, Mercedes, Mercedes Benz Mercedes, Hey Mercedes, Voice Mercedes Benz, Security Mercedes

Ford’s Bronco relaunch demonstrates the power of nostalgia

Ford is finally taking the wraps off the reborn Bronco next week. Literally. The company has teased the vehicle for months, showing a camouflaged SUV bouncing through rocky streams and charging over dusty hills. This week, the wraps come off and the sheet metal will finally be exposed. The launch of the Bronco looks to be a masterclass in nostalgia. For the last few weeks, Ford has been feeding journalists with media assets — pictures, staged interviews and upcoming advertisements. I’ve yet to s...
Tags: TC, Transportation, Tech, Brand Marketing, Automotive, Ford Mustang, Ford, Nintendo, Mustang, Bronco, Market Analysis, Extra Crunch, Growth and Monetization, International Harvester Scout Ford

Karma Automotive raises $100 million as it looks to resell it EV platform to other automakers

Karma Automotive has raised a $100 million lifeline from outside investors, as reported by Bloomberg, with the struggling electric vehicle maker’s fortunes likely buoyed by the current market optimism on other EV companies including Tesla. Karma is the reincarnated version of Fisker Automotive, which previously faced bankruptcy before being acquired by Wanxiang Group in 2014. Karma Automotive has made more progress than Fisker ever did, including actually delivering around 500 of its inaugura...
Tags: TC, Transportation, Cars, Tech, Tesla, Bloomberg, UPS, Automotive, Electric Vehicles, Henrik Fisker, GreenTech, Fedex, Ev, Fisker, GTE, Wanxiang

Watch: Jay Leno drives the subscription-only ‘car of the future’

The future of motoring is promising a lot: e-scooters everywhere, more environmentally friendly drivetrains, autonomous features, and now, vehicles that you “own” by paying a monthly subscription fee. In general tech, this isn’t a new idea at all. Netflix, Strava, Amazon Prime, Spotify and many others all sell their products on subscription models. But it is kind of a new thing when it comes to owning a car. While some companies have offered subscription services before — Jaguar Land Rover annou...
Tags: Startups, Electric Vehicle, UK, Jay Leno, Cars, Tech, Jaguar Land Rover, Shift, Netflix Strava Amazon Prime Spotify

Regulatory roadblocks are holding back Colombia’s tech and transportation industries

Daniel Rodriguez Contributor Share on Twitter Daniel Rodriguez is CEO and co-founder of Picap, which has raised more than $7 million of venture capital for its mobility platform, which operates across eight Latin American countries. “You know we don’t drive down that road,” my father said. I had asked him why we never took the shortest path to the beach. Just eight years old, I was fascinated by maps and was questioning my fat...
Tags: Transportation, Column, South Korea, Opinion, Samsung, Tech, Renewable Energy, Policy, Colombia, Automotive, World Bank, Mobility, Lg, Financial Services, Latin America, Daniel Rodriguez

Here’s a list of tech companies that the SBA says took PPP money

The U.S. Treasury Department released Monday a highly anticipated trove of data identifying every company that has received a loan of more than $150,000 from the Paycheck Protection Program (PPP) — a list that includes some of the hottest names in the tech startup world, including Bolt Mobility, Getaround, Luminar, Stackin, TuSimple and Velodyne. The data, which lists the names of companies that received small business loans over $150,000, was the result of a push for greater transparency around...
Tags: TC, Congress, Finance, Tech, Automotive, Bird, Morgan Stanley, PPP, Index Ventures, Citi, Trump, Small Business Administration, U S Treasury Department, SBA, LUMINAR, Y Combinator Research

Mercedes-Benz 2021 S-Class jumps on the giant touchscreen bandwagon

Mercedes-Benz sent out a teaser image and video Monday of its upcoming 2021 S-Class that hints at a sleeker interior that forgoes the bevy of physical knobs and toggles found in previous models in favor of a digital-centric design. The teasers illustrate a movement in the automotive industry popularized by Tesla to incorporate large touchscreens in new models. Little is known about Mercedes’ next-generation MBUX infotainment system, which will debut in the 2021 S-Class. It appears, based on Merc...
Tags: Tech, Tesla, Automotive, Connected Cars, Mercedes Benz, Mercedes, Daimler, Markus Schafer, MBUX

The Station: The startups edition

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hello and welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. For all the U.S. readers here, I hope you are enjoying the holiday weekend. I am mixing up the format this week becau...
Tags: TC, Lyft, Uber, Europe, UK, London, California, China, Ipo, Berlin, Tech, Tesla, UPS, Palo Alto, Automotive, United States

Tesla is taking reservations for its Cybertruck in China

Tesla has opened up reservations for its all-electric Cybertruck to customers in China, a move that will test the market’s appetite for a massive, futuristic truck. The reservations page on Tesla’s China website was first posted in Reddit channel r/teslamotors by user u/aaronhry. Electrek also reported on the Reddit post. The Cybertruck, which was unveiled in November at the Tesla Design Center in Hawthorne, Calif., isn’t expected to go into production until late 2022. But that hasn’t stopped...
Tags: Elon Musk, China, Tech, Tesla, Austin, Automotive, United States, Electric Vehicles, Reddit, Nashville, East Coast, Musk, Tulsa, Electrek, Hawthorne Calif, Tesla Design Center

BMW’s feature subscription service is anti-consumer rubbish

Yesterday, Bavarian automaker BMW announced that it’s going to start offering some vehicle features as paid for options as part of its in-car “connected” services. In the future, BMW drivers could be able to add features to their vehicle as and when they please, by purchasing options — like cruise control and heated seats — from BMW through the vehicle‘s ConnectedDrive store or the “My BMW App.” It’s not gone down well If you needed convincing that this is probably a terrible idea, read this pie...
Tags: Startups, Cars, Tech, Bmw, Jalopnik, Shift, Jason Torchinsky

Velodyne becomes latest tech company to go public using a SPAC, eschewing the traditional IPO path

Velodyne Lidar, the leading supplier of a sensor widely considered critical to the commercial deployment of autonomous vehicles, said Thursday it has struck a deal to merge with special-purpose acquisition company Graf Industrial Corp., with a market value of $1.8 billion. The company said it was able to raise $150 million in private investment in public equity, or PIPE, from new institutional investors as well as existing shareholders of Graf Industrial. Through the transaction, Velodyne will h...
Tags: Google, Transportation, Tech, Automotive, Ford, Autonomous Vehicles, Baidu, Nasdaq, Lidar, Hall, Kfc, Nyse, David Hall, SPAC, Nikon Corp, Vella

Ford taps Disney Media Works to mark the return of the Bronco SUV

Ford is teaming up with Disney Media Networks to mark the return of its iconic Bronco SUV through a series of short films that will be broadcast across a number of cable and digital properties including ABC, ESPN, National Geographic and Hulu. The strategy — prompted by COVID-19 shutdowns — is a departure for Ford, which has traditionally revealed new vehicles at auto shows or other in-person media events. More than three years ago, Ford announced it was bringing back the Bronco after years o...
Tags: Transportation, Instagram, Abc, Disney, America, Tech, Automotive, Ford, Espn, Hulu, Ford Bronco, Chin, Detroit Ford, Kip Moore, Bronco, YouTube FaceBook Instagram

Tesla delivered 90,650 vehicles in second quarter, a 4.9% decline

Tesla said Thursday that it delivered 90,650 vehicles in the second quarter, a 4.9% decline from the same period last year. Tesla still managed to beat expectations despite challenges caused by the COVID-19 pandemic. The vast majority of deliveries — some 80,050 — were Model 3 and Model Y vehicles. The remaining 10,600 were its more expensive Model S and Model X vehicles. Tesla doesn’t provide break downs of each model separately nor does it give information about regional deliveries. Analysts, ...
Tags: China, Tech, Tesla, Automotive, Toyota, North America, CEO Elon Musk, FaceSet

Tesla delivered 90,650 vehicles in second quarter, a smaller than expected decline

Tesla said Thursday that it delivered 90,650 vehicles in the second quarter, a 4.8% decline from the same period last year prompted by challenges caused by the COVID-19 pandemic that included suspending production for weeks at its main U.S. factory. Tesla still managed to beat expectations despite the headwinds. The vast majority of deliveries — some 80,050 — were Model 3 and Model Y vehicles. The remaining 10,600 were its more expensive Model S and Model X vehicles. Tesla doesn’t provide bre...
Tags: China, Tech, Tesla, Automotive, Electric Vehicles, Toyota, North America, Model 3, FactSet, Model Y, CEO Elon Musk

Tesla battery cooling fault coverup heats up as feds get involved

The US highways traffic safety authority (NHTSA) is reportedly looking into claims that Tesla covered up faults with its Model S battery cooling system and knowingly sold vehicles that weren’t up to spec. This is according to a new report from the LA Times, that itself was spurred on by an exclusive investigation by Business Insider that claimed to have uncovered evidence that Tesla was knowingly selling potentially dangerous vehicles. BI’s original article purported that from 2012, Tesla shippe...
Tags: Startups, Cars, US, Tech, Tesla, Shift, Nhtsa, LA Times

TuSimple kicks off plan for a nationwide self-driving truck network with partners UPS, Xpress and McLane

Self-driving trucks startup TuSimple laid out a plan Wednesday to create a mapped network of shipping routes and terminals designed for autonomous trucking operations that will extend across the United States by 2024. UPS, which owns a minority stake in TuSimple, carrier U.S. Xpress, Penske Truck Leasing and Berkshire Hathaway’s grocery and food service supply chain company McLane Inc. are the inaugural partners in this so-called autonomous freight network (AFN). TuSimple’s AFN involves four ...
Tags: TC, Transportation, Asia, Europe, Los Angeles, Tech, UPS, Automotive, United States, Dallas, Berkshire Hathaway, Autonomous Vehicles, Morgan Stanley, Jacksonville, Self-driving Trucks, Southwest

BMW wants to sell you subscriptions to your car’s features

BMW today announced a number of updates to its in-car software experience during a VR press event, complete with a virtual drive through Munich to show off some of these features. These new updates will come to most recent BMWs that support the company’s Operating System 7 later this year — and new cars will already have them built-in. The company is able to launch these regular updates because it is now able to not just update the car’s infotainment system but virtually every line of code that’...
Tags: Apple, Maps, Cars, Tech, Munich, Automotive, Bmw, Driver, Here, Operating System, Personal Assistant, Assistant, Digital Services, Oliver Zipse

Tesla blows past Toyota to become most valuable automaker in the world

In 10 years, Tesla has gone from public market newbie to the most valuable automaker in the world by market value. The electric automaker had long since passed the valuations of Ford and GM and in January became the most valuable U.S. automaker ever when its market cap hit $81.39 billion. Still, a few automakers remained ahead of Tesla. Until today. Tesla shares popped Wednesday after the market opened, rising nearly 4% to $1,129.18 — hitting a new 52-week high. The company’s market capitaliz...
Tags: Transportation, Elon Musk, Tech, Tesla, Automotive, Ford, Gm, Toyota, FactSet, Tesla Until

Daimler-backed Momenta says its robotaxis will be fully driverless and profitable in 2024

In China and the U.S., there’s much debate about when and how humans will achieve fully autonomous robotaxis at scale — cars that chauffeur passengers under complex road conditions without safety drivers behind the wheel. Many pieces are needed to make this happen: mammoth amounts of test data, advanced algorithms, strong operational teams, big checks from investors, local policy support, to name a handful. Until that day arrives, the bold claims from players in the field seem mostly out of reac...
Tags: TC, Transportation, Asia, Elon Musk, Microsoft, China, Softbank, Tech, Tesla, Artificial Intelligence, Beijing, Automotive, Shanghai, Toyota, Autonomous Vehicles, Baidu

Lyft’s self-driving test vehicles are back on public roads in California

Lyft’s self-driving vehicle division has restarted testing on public roads in California, several months after pausing operations amid the COVID-19 pandemic. Lyft’s Level 5 program said Tuesday some of its autonomous vehicles are back on the road in Palo Alto and at its closed test track. The company has not resumed a pilot program that provided rides to Lyft employees in Palo Alto. The company said it is following CDC guidelines for personal protective equipment and surface cleaning. It has ...
Tags: TC, Transportation, Lyft, California, Cdc, Tech, Palo Alto, Automotive, United States, Autonomous Vehicles, California Department of Motor Vehicles, Robert Morgan, Waymo, Self Driving Vehicles, London Munich, Sameer Qureshi

The Station: Amazoox, TuSimple seeks $250M and the next e-scooter battleground

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi friends and first-time readers. Welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. Remember please reach out and email me at [email protected] to share thoughts, ...
Tags: Apple, Amazon, Transportation, Lyft, Uber, Elon Musk, UK, California, Oregon, Saudi Arabia, China, New York City, Tech, Information, Tesla, Ars Technica

TuSimple seeking $250 million in new funding to scale self-driving trucks

TuSimple, the self-driving truck startup backed by Sina, Nvidia, UPS and Tier 1 supplier Mando Corporation, is headed back into the marketplace in search of new capital from investors. The company has hired investment bank Morgan Stanley to help it raise $250 million, according to multiple sources familiar with the effort. Morgan Stanley has sent potential investors an informational packet, viewed by TechCrunch, that provides a snapshot of the company and an overview of its business model,...
Tags: Google, Amazon, Startups, Hong Kong, Texas, China, Tech, UPS, Beijing, Automotive, United States, Arizona, Shanghai, San Diego, Morgan Stanley, Embark

Daily Crunch: Amazon buys self-driving startup Zoox

Amazon makes an autonomous driving acquisition, Microsoft closes its retail stores and health insurance startup Oscar raises $225 million. Here’s your Daily Crunch for June 26, 2020. 1. Amazon to acquire autonomous driving startup Zoox According to Amazon’s announcement, Zoox will continue to exist as a standalone business, with current CEO Aicha Evans continuing in her role, along with CTO and co-founder Jesse Levinson. The Financial Time reports that the deal is worth $1.2 billion. Ama...
Tags: Apple, Google, Amazon, Microsoft, Tech, Automotive, United States, Sydney, Oscar, SEC, Jeff Bezos, Seattle, Nasdaq, Cto, Aurora, Redmond

Will the Lordstown Endurance electric truck beat the Tesla Cybertruck and Rivian R1T to market?

In the developing electric truck market there seem to be five key players emerging: the Tesla Cybertruck, Rivian R1T, Hummer EV, Nikola Badger, and the all-electric Ford F150. But a sixth just burst onto the scene, and its ambitious plans could see it being the first to market. Lordstown, the electric car startup that was only founded last year, unveiled its debut vehicle, called the Endurance, yesterday. What’s more, the company is planning to deliver it early next year, which is one heck of a ...
Tags: Startups, Cars, Tech, Tesla, Ford, Shift, Lordstown, Tesla Cybertruck, Lordstown Endurance, Nikola Badger

All the tech in Ford’s most important vehicle: the 2021 F-150 truck

Ford rolled out all the stops Thursday evening for the reveal of its all-new F-150 truck, right down to the splashy videos dominated by electric guitar riffs. Heck, the automaker even cast the sharp-tongued Denis Leary as its MC. Of course, none of that really matters. It’s all about what Ford has done to improve the most important and profitable vehicle in its lineup. It’s been six years since the last redesign. This all-new F-150 offers kind of performance and abundance options that Ford truck...
Tags: Apple, Amazon, TC, Tech, Canada, Automotive, Ford, Epa, Waze, Alexa, Denis Leary, Mustang Mach, Ford Alexa Office

Lordstown debuts a $52,500 electric pickup alongside a campaigning Mike Pence

Lordstown Motors unveiled Thursday a prototype of its electric future, a pickup truck with four in-wheel hub motors and a few other features all aimed squarely at attracting contractors and other buyers in the commercial market. The unveiling by this one-year-old Ohio startup didn’t get too deep into the details about the electric pickup truck known as Endurance. There wasn’t any information on the interior, performance or battery. The entire second half of the event took a 90-degree turn away f...
Tags: TC, China, Tech, Automotive, Gm, Ohio, Epa, Trump, Burns, Mike Pence, Lordstown, Goodyear, Lordstown Ohio, Steve Burns, GM assembly plant, Workhorse Group

Waymo, Volvo partner to develop electric robotaxis

Waymo’s self-driving software footprint is expanding — this time in a partnership with Volvo Car Group. The two companies announced Thursday an “exclusive” partnership to integrate Waymo’s self-driving software into a new electric vehicle designed for ride-hailing. Volvo and Waymo provided few details on the partnership and what this might actually look like except that the companies “will first work together to integrate the Waymo Driver into an all-new mobility-focused electric vehicle plat...
Tags: TC, Transportation, Uber, Japan, France, Tech, Automotive, Electric Vehicles, Fca, Jaguar, Jaguar Land Rover, Autonomous Vehicles, Nissan, Volvo, Renault, Fiat Chrysler

NHTSA launches probe into Tesla touchscreen failures

The National Highway Traffic Safety Administration has opened a preliminary investigation into allegations of failing touchscreens on Tesla’s older Model S vehicles. The federal agency launched the probe after receiving 11 complaints from Tesla owners over a 13-month period alleging failures of the touchscreen in 2013 through 2015 Model S vehicles. The problem, which stems from a problematic flash memory device, renders the touchscreen black, including the loss of the rear camera image displ...
Tags: TC, Tech, Tesla, Automotive, Nhtsa, National Highway Traffic Safety Administration, MCU, Nvidia Tegra

show more filters
May - 2020
June - 2020
July - 2020