Posts filtered by tags: Transport[x]


The many benefits of working from home

A recent survey showed that 40% of British adults now work from home at least one day a week, and one in ten work from home on a full time basis. A quarter of us would turn down a job if it didn’t include the possibility of working from home. We all know the benefits […]
Tags: Lifestyle, Transport, Good Work, TIOTW

Ride-hailing firm Grab is losing its CTO

Grab is once again on the hunt for a CTO after Theo Vassilakis, the former Microsoft and Google executive who currently occupies the role, announced that he will leave the ride-hailing company this summer. Vassilakis became Grab CTO in October 2017, ending a very long search to fill the job, but he explained in a LinkedIn post that he is leaving the Singapore-based firm, and Southeast Asia, for family reasons. My family and I moved to Singapore in late 2017 when I joined Grab. Living and work...
Tags: Google, Facebook, Asia, Microsoft, China, Southeast Asia, Singapore, Softbank, Linkedin, Tech, Companies, Artificial Intelligence, Beijing, Kuala Lumpur, Transport, Seattle

Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million

Less than a month after rebranding as Canoo, the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. The startup, which is backed by a clutch of private individuals and family offices hailing from China, Germany, and Taiwan, is hoping to line up the new capital from some more recognizable names as it finalizes supply deals with vendors, according to a person with knowledge of the company’s plans. Canoo is locking in final contracts wit...
Tags: Startups, TC, Transportation, Electric Vehicle, Uber, China, Germany, Los Angeles, Tech, Taiwan, Car, Automotive, United States, Porsche, Transport, San Diego

GV-backed KeepTruckin nabs $149M at $1.25B valuation

KeepTruckin, a developer of hardware and software that helps truck drivers manage their vehicles and cargo, has raised $149 million in Series D funding. Greenoaks Capital has led the round, with participation from existing backers GV, IVP, Index Ventures and Scale Venture Partners . The round values the business at $1.25 billion, according to KeepTruckin co-founder and chief executive officer Shoaib Makani. Since it was founded in 2013, KeepTruckin has accumulated 55,000 unique customers...
Tags: Startups, Transportation, Uber, Hardware, Funding, San Francisco, Tech, Transport, Venture Capital, Commuting, Gps, Logistics, Seattle, Driver, Carsharing, Khosla Ventures

Tesla plans to launch a robotaxi network in 2020

Tesla expects to launch the first robotaxis as part of broader vision for an autonomous ride-sharing network in 2020, CEO Elon Musk said during the company’s Autonomy Day. “I feel very confident predicting that there will be autonomous robotaxis from Tesla next year — not in all jurisdictions because we won’t have regulatory approval everywhere” Musk said without detailing what regulations he was referring to. He added that he is confident the company will have regulatory approval somewher...
Tags: TC, Transportation, Uber, Elon Musk, Cars, Tech, Tesla, Automotive, Transport, Airbnb, Federal Government, Self-driving Car, Tesla Model S, Musk, Tesla Model 3, Tesla Musk

Tesla’s board is about to get a lot smaller

Tesla is cutting its board down by more than 36 percent to seven directors by 2020, a move that includes the loss of some CEO Elon Musk’s early advisers and allies, according to regulator filings posted Friday. Longtime board member Brad Buss and Linda Johnson Rice, who joined two years ago as an independent director, will not seek re-election this year. Their terms will expire at the upcoming annual meeting. The board said in the proxy filing that it doesn’t plan to fill their seats. The ...
Tags: Transportation, Spacex, Elon Musk, Tech, Tesla, Ceo, Automotive, Transport, Chairman, Hyperloop, Musk, Partner, U.S. Securities and Exchange Commission, Steve Jurvetson, Draper Fisher Jurvetson, Antonio Gracias

Pinterest prices IPO above range

Pinterest priced shares of its stock, “PINS,” above its anticipated range on Wednesday evening, CNBC reports. The company will sell 75 million shares of Class A common stock at $19 apiece in an offering that will attract $1.4 billion in new capital for the visual search engine. The NYSE-listed business had planned to sell its shares at between $15 to $17 and didn’t increase the size of its planned offering prior to Wednesday’s pricing. Valued at $12.3 billion in 2017, the initial public offer...
Tags: Fundings & Exits, Startups, TC, Lyft, Uber, Pinterest, Wall Street, San Francisco, Tech, Companies, Transport, Venture Capital, Search Engine, Silicon Valley, Kim, Andreessen Horowitz

Aptiv takes its self-driving car ambitions (and tech) to China

Aptiv, the U.S. auto supplier and self-driving software company, is opening an autonomous mobility center in Shanghai to focus on the development and eventual deployment of its technology on public roads. The expansion marks the fifth market where Aptiv has set up R&D, testing or operational facilities. Aptiv has autonomous driving operations in Boston, Las Vegas, Pittsburgh and Singapore. But China is perhaps its most ambitious endeavor yet. Aptiv has never had any AV operations in China,...
Tags: Transportation, Lyft, China, Boston, Singapore, Tech, Automotive, United States, Automation, President, Shanghai, Transport, Automotive Industry, Manufacturing, Las Vegas, Self-driving Cars

Sila Nano’s battery tech is now worth over $1 billion with Daimler partnership and $170 million investment

Sila Nanotechnologies and its battery materials manufacturing technology are now worth over $1 billion. The company, which announced a $170 million funding led by Daimler and a partnership with the famed German automaker, started building out its first production lines for its battery materials last year. That first line is capable of producing the material to supply the equivalent of 50 megawatts of lithium ion batteries, according to Sila Nano’s chief executive officer Gene Berdichevsky. That ...
Tags: TC, Electric Vehicle, California, Chief executive officer, Tech, Smart, Transport, Automotive Industry, Bmw, Siemens, Energy Storage, Mercedes Benz, General Electric, Daimler, Sutter Hill Ventures, Bessemer Venture Partners

Waymo launches robotaxi app on Google Play

Waymo is making its ride-hailing app more widely available by putting it on the Google Play store as the self-driving car company prepares to open up its service to more Phoenix residents. The company, which spun out to become a business under Alphabet, launched a limited commercial robotaxi service called Waymo One in the Phoenix area in December. The Waymo One self-driving car service, and accompanying app, was only available to Phoenix residents who were part of its early rider program,...
Tags: Google, Android, Transportation, Lyft, Uber, Tech, Automotive, Electric Vehicles, Transport, Self-driving Cars, Self-driving Car, Alphabet, Phoenix, Chrysler Pacifica, Chandler, Waymo

YC alum Keeper raises $1.6M to help gig workers pay taxes

Every year around this time, Uber drivers, Wag dog walkers, Bird scooter chargers, social media influencers and other gig economy workers face the unsightly challenge of paying their taxes. Companies like Uber and Lyft classify their drivers as independent contractors, which means you aren’t given any benefits and the company doesn’t withhold any of your taxes. This puts gig workers in a tough position come tax day, especially if they aren’t prepared to shell out big sums to the IRS. Ke...
Tags: Startups, Lyft, Uber, Y Combinator, Spotify, Craigslist, Finance, San Francisco, Chief executive officer, Tech, Tax, Sms, Chicago, United States, Transport, Venture Capital

Uber’s JUMP Bikes founder and Scoot’s SVP of Product are talking bikes and scooters at TC Sessions: Mobility

Micromobility — electric personal vehicles — has gone from being non-existent to ubiquitous across cities all over the world. Currently, we’re seeing micromobility take on the form of electric scooters and pedal-assist bikes. JUMP and Scoot operate in both of those categories. JUMP got its start as a pedal-assist bike-share startup, but has since evolved to handle electric scooters. And while Scoot’s first product from 2012 was an electric moped, it got its feet wet with bikes back in May 201...
Tags: Transportation, Uber, Events, Tech, Transport, Bird, Scooter, Scoot, SAN JOSE Calif, SVP, Asset Management, Moped, Oliver Cameron, Jump Bikes, Ryan Rzepecki, TC Sessions: Mobility 2019

Gatwick drone attack could have been inside job, say police

Perpetrator was familiar with airport’s operations, according to BBC PanoramaThe drone attack that brought Gatwick airport to a standstill last December could have been an “inside job”, according to police, who said the perpetrator may have been operating the drone from within the airport.Sussex police told BBC Panorama that the fact an insider may have been behind the attack was “treated as a credible line of enquiry from the earliest stages of the police response”. Continue reading...
Tags: Travel, Technology, Crime, UK News, Bbc, Air transport, Gatwick, Transport, Transport policy, Business Travel, Gatwick Airport, Sussex, BBC Panorama, Drones (non-military

Equity Shot: A deep dive into the Uber S-1

 Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. It’s time for another Equity Shot, a quick-take episode centered around a breaking news event. This time, as you already guessed, Kate Clark and I sat down to dig into the Uber S-1. It’s a huge, complex document, but we did our best to summarize what’s inside. First, we talked through yearly results, looking back a half-decade into Uber’s revenue growth. In t...
Tags: Apple, Startups, TC, Transportation, Uber, Finance, Ipo, Softbank, Chief executive officer, Tech, Economy, Transport, Venture Capital, Commuting, Travis Kalanick, Carsharing

Travis Kalanick stands to make billions from Uber’s IPO

Uber co-founder Travis Kalanick, who resigned from the company in 2017, still stands to make billions in the company’s intial public offering, expected in May. The ride-hailing giant dropped its S-1 this afternoon, confirming plans to trade on the New York Stock Exchange under the ticker symbol “Uber.” The company did not disclose the valuation it’s seeking, but is said to be planning to sell around $10 billion in stock. The filing highlights Uber’s key stockholders, including Kalanick, wh...
Tags: Fundings & Exits, Transportation, Uber, Business, Saudi Arabia, Ipo, Softbank, Tech, United States, Transport, Venture Capital, Commuting, Travis Kalanick, New York Stock Exchange, Kalanick, Carsharing

Student tickets on sale now for TC Sessions: Mobility 2019

The future of mobility can’t happen without cultivating the next generation of creative thinkers and makers. That’s why we’re inviting students with a passion for mobility-related tech to join us at TC Sessions: Mobility 2019 on July 10 in San Jose, Calif. If you’re in high school or college, this is your chance to learn from and network with the top minds and influencers in mobility. Student tickets cost only $45 — saving you $250 over general admission. Apply here for a student ticket, and onc...
Tags: TC, Technology, California, Tech, Intel, Transport, San Jose, Mobility, Manufacturing, Ambassador, SAN JOSE Calif, Mobileye, Dave Ferguson, Amnon Shashua, Nuro, TC Sessions: Mobility 2019

Bird's European boss says Brexit is the 'elephant in the room' that's holding up the launch of electric scooters

US startup Bird rents out electric scooters for short city trips, and bills itself as a solution to urban congestion and pollution. It has raised $400 million to date and hit a valuation of $2 billion despite only launching in 2017. Like earlier generations of transport startups, such as Uber and bike-sharing firms, Bird is having to win approval from regulators on a city-by-city basis to place its electric scooters on streets. Business Insider spoke to Bird's most senior exec outside the US, ...
Tags: Google, Uber, Travis Vanderzanden, Europe, UK, London, California, France, US, San Francisco, Trends, Paris, Heathrow, Transport, Sydney, Citigroup

Didi steps up financial drive as it courts car leasing companies

Didi Chuxing is making a further push into the financial arena as it looks to diversify its business amid huge losses. We reported in January that the company, which controls a dominant slice of China’s ride-hailing market, released financial and insurance products targeting riders and drivers. Its service offering just broadened after the startup launched on Thursday an online financial system aimed at car leasing and fleet management companies. The move to carve out a product exclusively fo...
Tags: Transportation, Asia, Internet, China, Tech, Beijing, Transport, Driver, Carsharing, Head, Ride Hailing, Didi, Didi Chuxing, Car Leasing, Xiaoyu Liu

Voyage CEO Oliver Cameron at TC Sessions: Mobility on July 10

Some of the first users of autonomous taxis are senior citizens living in a massive retirement community in Florida. It’s there, in a 40-square-mile area known as The Villages, that autonomous driving startup Voyage has planted its flag. Once the door-to-door self-driving taxi service is fully operational, all 125,000 residents will have the ability to summon a self-driving car to their doorstep using the Voyage mobile app. Voyage’s strategy to target retirement communities makes the startup,...
Tags: Transportation, Florida, Technology, California, Articles, Tech, Automotive, Automation, Cameron, Transport, San Jose, Self-driving Cars, Voyage, Robotics, Udacity, TechCrunch

AA sounds safety warning over smart motorways

Removal of hard shoulder on hundreds of miles of road could endanger drivers, it saysThe AA has expressed safety concerns about a plan to remove the hard shoulder from hundreds of miles of motorway over the next six years.A network of so-called smart motorways will be without the traditional emergency lane, while emergency laybys will be closer together. Continue reading...
Tags: Politics, Technology, UK News, World news, Cities, Transport, Road Safety, Motoring, Road transport, Transport policy, Smart Cities

Uber may have left Southeast Asia but its APAC HQ remains in Singapore

Uber exited Southeast Asia last year after it sold its local business to Grab but it continues to remain in Singapore, where it has now opened a new regional HQ for Asia Pacific and is hiring for staff. The company — which is headed for IPO imminently — won’t be restarting its service, however, which puts it in a rather interesting position in Singapore. The writing has been on the wall for some time, though. TechCrunch reported last August that Uber was on a hiring spree in Singapore, and now t...
Tags: Uber, Asia, Japan, Australia, Southeast Asia, Singapore, India, Tech, Asia Pacific, Transport, Commuting, Carsharing, Officer, Countries, Straits Times, APAC

Ford’s electrified vision for Europe includes its Mustang-inspired SUV and a lot of hybrids

Ford of Europe’s vision for electrification includes 16 vehicle models — eight of which will be on the road by the end of this year — the company announced at its Go Further event in Amsterdam. Those plans include a plug-in hybrid variant of its Kuga SUV, its Mustang-inspired crossover, and a commercial transit van. Ford’s European electrification strategy is in line with its plans for North America to focus largely on hybrids. For instance, in a separate event on Tuesday Ford took the wraps off...
Tags: TC, Transportation, Europe, London, Tech, Automotive, Ford, Electric Vehicles, Transport, Epa, North America, Environmental Protection Agency, Mustang, Plug-in Hybrid, Valencia Spain, Cologne Germany

Ford is bringing an electric Transit van to Europe by 2021

Ford plans to bring an electric Transit commercial van to the European market by 2021, as part of the automaker’s broader plan to electrify its global portfolio. The automaker announced the Transit EV, along with more than a dozen other electrified consumer-facing models that will be part of its European portfolio, at its Go Further event in Amsterdam on Tuesday. Ford didn’t provide many other details on the Transit van. And for now, the EV commercial van is only slated for Europe. Ford’s foc...
Tags: Transportation, Europe, Germany, Cars, Tech, Transit, Automotive, United States, Ford Mustang, Ford, Electric Vehicles, Amsterdam, Transport, North America, Environmental Protection Agency, Mustang

Ford to offer hybrid and electric options in redesigned 2020 Escape SUV

Ford today is taking the wraps off the latest generation of the Escape . It’s a major re-work inside and out with new sheetmetal and powertrain options. The 2020 Escape is sportier, loaded with technology, and with hybrid and electric options, clearly built for the future. The Escape has been Ford’s most affordable SUV since its debut in 2000. Smaller than the stalwart Explorer and more traditional than the Edge or Flex, Ford has always positioned the Escape as an easy and accessible sport ...
Tags: TC, Tech, Fusion, United States, Ford, Transport, Automotive Industry, Toyota, Epa, Honda, North America, Car Reviews, Environmental Protection Agency, Focus, Mustang, Edge

Should we adopt 20mph speed limits?

In Britain, the usual speed limit in built-up areas is 30 miles per hour. In some places it is lowered to 20, particularly around schools. A growing number of councils are recognising the benefits of the lower limit in urban areas, and the number of 20mph zones is rising. Around half of Britain’s biggest cities […]
Tags: Future, Britain, Transport, TIOTW

Equity Shot: Lyft is public — what does that mean for other IPO-ready unicorns?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Sure, we just aired a new episode yesterday but things keep happening, and after talking about this crop of IPOs for so long, we can’t help ourselves. (You can follow us on Twitter, here and here, by the way, if Equity isn’t enough for you.) Lyft, as you know, started trading today, closing the loop on a long saga that brought the smaller of the two domestic rid...
Tags: Apple, Startups, TC, Lyft, Uber, Pinterest, Tech, Transport, Commuting, Carsharing, TechCrunch, Unicorn, Equity podcast, Lyft IPO

Ethical supply chains for an electric transport revolution

The first step towards sustainable transport is to cut out the need to travel at all. After that, it’s to enable and encourage active forms of travel such as walking and cycling. However much we pursue those policies, there will be a major place for mechanised transport, and that means electrification. The shift from fossil […]
Tags: Human Rights, Future, Transport, Drc

Lidar and perception startup Innoviz raises $132 million

Innoviz, the Israel-based startup developing solid-state lidar sensors and perception software for autonomous vehicles, has raised $132 million in a Series C funding round that includes major Chinese financial institutions . The round, which makes Innoviz one of the better capitalized lidar startups, includes China Merchants Capital (SINO-BLR Industrial Investment Fund, L.P.), Shenzhen Capital Group and New Alliance Capital.  Israeli institutional investors Harel Insurance Investmen...
Tags: Startups, Transportation, Lyft, Europe, Japan, Technology, China, Israel, Tech, Automotive, United States, Transport, Bmw, Self-driving Cars, Robotics, Laser

Guest post: is it time to switch to an electric vehicle?

I recently wrote about how the electric transport revolution in India and China has begun with the poorest. Not so in Britain, where ditching the petrol driven car is still pretty expensive. My brother Paul attempted such a thing recently, and shares his observations: We’ve been in the market for a family car recently, and […]
Tags: China, India, Future, Britain, Transport, Electric Cars, PAUL

Uber is paying $3.1BN to pick up Middle East rival Careem

After months and months of it’s finally been confirmed that ride-hailing giant Uber is picking up its Middle East rival Careem in an acquisition deal worth $3.1 billion — with $1.7BN to be paid in convertible notes and $1.4BN in cash. Careem was founded as a ride-hailing rival to Uber in 2012 but has since diversified its business to include offerings such as food and package deliver, bus services and credit transfers — bolstered via acquisitions of its own, such as RoundMenu and Commut ...
Tags: Fundings & Exits, Transportation, Uber, Apps, Saudi Arabia, Tech, United States, Egypt, Pakistan, Morocco, Middle East, Transport, United Arab Emirates, Jordan, Carsharing, Crunchbase

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