Posts filtered by tags: Transportation[x]


 

A startup offering to take tourists to space in a ship lifted by an enormous balloon is selling tickets for $125,000 a ride

Spaceship Neptune. Space Perspective Space Perspective is building a balloon that will shuttle tourists to the "edge of space." Tickets for the luxury six-hour round trip journey start at $125,000. The Spaceship Neptune will bring tourists above 99% of Earth's atmosphere. See more stories on Insider's business page. Forget airplanes, cruises, and hotels. Space Perspective wants to take you on a $125,000 luxury trip to the "edge of space," according to the company. Spacesh...
Tags: Transportation, Space, Elon Musk, Florida, Science, News, Trends, Bloomberg, Nasa, Earth, Space Tourism, Tourism, Neptune, Jane Poynter, Kennedy Space Center, Nikki Ekstein


Autonomous trucking startup Embark to go public in $5.2B SPAC deal

Five-year old self-driving truck startup Embark Trucks Inc. said Wednesday it would merge with special purpose acquisition company Northern Genesis Acquisition Corp. II in a deal valued at $5.2 billion. Embark takes a different approach to autonomous trucking: As opposed to manufacturing and operating a fleet of trucks themselves, which is the route rival TuSimple is taking, Embark offers its AV software as a service. Carriers and fleets can pay a per-mile subscription fee to access it. The comp...
Tags: Startups, TC, Transportation, Funding, Tech, Automotive, Private Equity, Sequoia Capital, Department Of Transportation, Embark, Cto, Autonomous Driving, HP Inc, SPAC, Elaine Chao, Anheuser Busch Inbev


Ford micromobility subsidiary Spin launches first in-house built e-scooter

Spin, Ford’s micromobility subsidiary, has launched its first custom designed and built electric scooter. The company says the S-100T scooters are its safest and longest lasting, two qualities that it hopes will attract the attention of cities as it aims its strategy at exclusive partnerships.  When the company launches its service in Sacramento in July, it’ll deploy 25 of the new S-100T scooters along with its existing fleet. Spin hopes to scale to 350 S-100Ts by August and have more than a ...
Tags: Transportation, La, Sacramento, Tech, Ford, Scooters, Los Angeles Times, Spin, Electric Scooters, Ford Motor Company, Veron, Micromobility, Okai Spin, Maxime Veron, Veron Micromobility


The Ever Given's owners have struck a deal with Egypt to free the ship months after it was seized, insurers say

Container ship Ever Given stuck in the Suez Canal, Egypt on March 27, 2021. Kristin Carringer/Maxar The Ever Given is on the brink of being released after 71 days, according to the ship's insurers. The ship's owners have reached an agreement in principle with the Suez Canal Authority. The ship got stuck in March, was freed, but was then impounded while Egypt sought compensation. See more stories on Insider's business page. The Ever Given's owners have reached an agreement...
Tags: Transportation, News, Trends, Egypt, Shipping, News UK, Suez Canal, SCA, Ahram Online, Suez Canal Authority SCA, Suez Canal Authority, Suez Canal Egypt, Great Bitter Lake, Mia Jankowicz, Ever Given, Shoei Kisen Kaisha Ltd


Chinese robotaxi unicorn WeRide bags over $600M in 5 months

It’s hard to keep up with the fundraising spree in China’s autonomous driving industry these days. Guangzhou- and California-based robotaxi company WeRide, which counts Renault-Nissan-Mitsubishi Alliance as one of its strategic investors, has raised over $600 million in just under five months from its Series B and C financing rounds. The four-year-old upstart said in May that its valuation leaped to $3.3 billion in its Series C fundraising. WeRide has kept details of the backing privy until toda...
Tags: Transportation, Asia, California, China, Funding, Cars, Tech, Robotics, Electric, Nissan, Mitsubishi, Renault, Guangzhou, Robotaxi, Momenta, Dongfeng Nissan


Micromobility software provider Joyride raises $3.7 million seed round

Joyride, a Toronto-based company that provides white label apps, back-end analytics and multi-modal fleet management for shared micromobility startups, has raised $3.7 million — seed money that it says will help it reach a greater number of small, local operators.  The company, which operates in more than 160 markets in every continent besides Antarctica, has primarily been able to generate enough revenue to support its business since its founding in 2014. With the fresh capital, Joyride will...
Tags: Transportation, Germany, Toronto, Tech, Netherlands, Antarctica, Venture Capital, Bird, Bike Share, Shopify, Lime, The Hague, Ebike, SPAC, Craig Miller, Joyride


Inside GM’s startup incubator strategy

GM has launched a series of new subsidiaries in the past year tackling electrification, connectivity and even insurance — all part of the automaker’s aim to find value (and profits) beyond its traditional business of making, selling and financing vehicles. These startups, including numerous ones that will never make the cut, get their start under Vice President of Innovation Pam Fletcher’s watch. Fletcher, who joined TechCrunch on June 9 at the virtual TC Sessions: Mobility 2021 event, runs a gr...
Tags: TC, Transportation, Electric Vehicle, Tech, General Motors, Automotive, Electric Vehicles, Mary Barra, Gm, Volt, Chevy Bolt, Pam Fletcher, Chevrolet Volt, Chevy Volt, Fletcher, Cruise Automation


How Amazon-owned Zoox designed its self-driving vehicles to prevent crashes

The hubbub surrounding the autonomous vehicle industry often focuses on venture capital rounds, speculation about IPOs and acquisitions. But the industry’s future also hinges on the high-stakes task of proving the technology can operate safer than human drivers do today and gaining the public’s trust. In short: safety matters. Zoox issued a safety report Tuesday that aims to give new insight into its custom electric autonomous vehicle and describes in greater detail various design details aimed ...
Tags: Amazon, Transportation, Electric Vehicle, Tech, Automotive, Electric Vehicles, Autonomous Vehicles, Nhtsa, Rosekind, Autonomous Vehicle, National Highway Traffic Safety Administration, Mark Rosekind, Zoox, Zoox Zoox


First drive: 2021 Mercedes-Benz S-Class

Mercedes-Benz has used the “best or nothing” tagline to market its vehicles for the last 21 years. To ensure its 2021 Mercedes-Benz S580 sedan ticks that “best” box, the German automaker has loaded its flagship vehicle with technology, including an infotainment system that learns to anticipate its owner’s needs, some new rear-steering tricks and upgrades to its advanced driver assistance features. With a price tag that starts at a steep $110,850, it’s the luxury car for the exceedingly well-heel...
Tags: Transportation, La, Los Angeles, Tech, Automotive, Nvidia, Hud, Mercedes Benz, Mercedes, Hyundai, Tegra, Montecito, Tamara Warren, Ford Toyota, Mercedes Benz Mercedes, MBUX


Lidar company Quanergy to go public via $1.4B SPAC deal

Quanergy Systems, the Sunnyvale, California-based lidar company, said Tuesday it has agreed to merge with special purpose acquisition fund CITIC Capital Acquisition Corp., a Chinese blank-check firm affiliated with the country’s largest state-owned investment conglomerate. The deal, which puts an implied valuation on Quanergy at $1.4 billion, is expected to close in the second half of 2021. After closing, the transaction will inject the lidar company with around $278 million in pro forma net cas...
Tags: TC, Transportation, China, Funding, Samsung, Tech, Tesla, Bloomberg, Automotive, United States, Private Equity, Autonomous Vehicles, Volvo, Lidar, Daimler, Citic


The first Royal Caribbean cruise in the US just launched after 15 months of no sailing - here's what happened

Royal Caribbean's Freedom of the Seas cruise ship. Royal Caribbean The first cruise sailing out of a US port in over a year departed on Sunday from Florida, Bloomberg reported. The Royal Caribbean Freedom of the Seas cruise is operating as a "simulated voyage." All of the guests - Royal Caribbean employees and their adult plus-ones - are cruising for free. See more stories on Insider's business page. Lines of people waiting to board a cruise ship may seem like an unfamiliar sig...
Tags: Travel, Transportation, Florida, Cdc, US, Trends, Bloomberg, Cnn, Cruise, Miami, Royal Caribbean, US Centers for Disease Control and Prevention, Jimenez, Joe Raedle Getty, Aaron Saunders, Cruise Industry


Tesla unveils 3,100-mile Supercharger route across China as part of Musk's plan to connect Shangai and London

Elon Musk wants to create a charging route that stretches from Shanghai to London. REUTERS/Lucy Nicholson Tesla unveiled a Supercharger route stretching more than 3,000 miles along China's Silk Road. The route includes 27 Supercharger stations. Elon Musk wants to eventually build a route spanning Shanghai to London. See more stories on Insider's business page. Charging remains one of the biggest headaches of EV ownership - and Tesla just made it a bit easier for its Chinese cust...
Tags: Transportation, Silk Road, Elon Musk, London, News, China, Trends, Tesla, Electric Vehicles, Auto Industry, Middle East, Shanghai, Toyota, Electric Cars, Musk, Central Asia


Tesla's fastest car has a 'Drag Strip Mode' that lets you go from 0 to 60 miles per hour in under 2 seconds - but the battery has to warm up first for 15 minutes

Tesla Model S Plaid. Tesla The Model S Plaid can accelerate from 0 to 60 in under 2 seconds, but it requires a set-up process. MotorTrend tested the vehicle out. It had the fastest acceleration speed they'd seen, but only under special testing conditions. Most high-performance vehicles do not require a set-up process to hit high acceleration speeds. See more stories on Insider's business page. The Tesla Model S Plaid can go from 0 to 60 in less than two seconds, but it requires a l...
Tags: Transportation, Elon Musk, Jay Leno, News, Cars, Trends, Tesla, Cnn, Porsche, Mclaren, Cnbc, Musk, Motortrend, Tech Insider, Christian Seabaugh, Tesla Model S Plaid


Tesla's fastest car has a 'Drag Strip Mode' that lets you go from 0 to 60 miles per hour in under 2 seconds - but the set-up process takes 15 minutes

Tesla Model S Plaid. Tesla The Model S Plaid can accelerate from 0 to 60 in under 2 seconds, but it requires a set-up process. MotorTrend tested the vehicle out. It had the fastest acceleration speed they'd seen, but only under special testing conditions. Most high-performance vehicles do not require a set-up process to hit high acceleration speeds. See more stories on Insider's business page. The Tesla Model S Plaid can go from 0 to 60 in less than two seconds, but it requires a l...
Tags: Transportation, Elon Musk, Jay Leno, News, Cars, Trends, Tesla, Cnn, Porsche, Mclaren, Cnbc, Musk, Motortrend, Tech Insider, Christian Seabaugh, Tesla Model S Plaid


Tesla backs vision-only approach to autonomy using powerful supercomputer

Tesla CEO Elon Musk has been teasing a neural network training computer called ‘Dojo’ since at least 2019. Musk says Dojo will be able to process vast amounts of video data to achieve vision-only autonomous driving. While Dojo itself is still in development, Tesla today revealed a new supercomputer that will serve as a development prototype version of what Dojo will ultimately offer.  At the 2021 Conference on Computer Vision and Pattern Recognition on Monday, Tesla’s head of AI, Andrej Karpa...
Tags: TC, Transportation, Instagram, San Francisco, Tech, Tesla, Artificial Intelligence, Nvidia, North America, Musk, Nvme, Dojo, Tesla CEO Elon Musk, Andrej Karpathy, Computer Vision and Pattern Recognition, Karpathy


Amazon is reportedly buying 1,000 autonomous truck-driving systems, which could pave the way for one day ditching drivers

Plus Amazon reportedly ordered 1,000 autonomous truck-driving systems from a startup called Plus. The retail giant also has the option to buy shares of the AI startup, according to a recent filing. The technology falls in line with Amazon's focus on AI-related technology. See more stories on Insider's business page. Amazon has agreed to buy 1,000 autonomous truck-driving systems from a self-driving trucking startup, Bloomberg first reported.The self-driving trucking startup, Plus,...
Tags: Amazon, Transportation, News, California, China, Cars, US, Trends, Tesla, Bloomberg, Autonomous Driving, SPAC, Mark Matousek, Tech Insider, Autonomous Delivery, David Liu


Crews break ground on $898 million station to connect LAX to Metro line

The new people mover under construction, left, along Century Blvd heading into LAX. Ground breaking for the new LAX Metro Connector was held Monday, June 21, 2021. The project will connect LA Metro busses and trains to LAX via the new people mover which is currently under construction, in background. (Photo by David Crane, Los Angeles Daily News/SCNG) Justin Erbacci, LAX CEO speaks at the ground breaking for the new LAX Metro Connector Monday, June 21, 2021. The project will connect LA Me...
Tags: Transportation, London, News, Airports, Government, Amc, Los Angeles, Atlanta, Sport, Soccer, Community, Watson, Eric Garcetti, Metro, Lax, Bradley


Electric utility bike startup Ubco raises $10 million to fund its global expansion

Ubco, the New Zealand-based electric utility bike startup, has raised $10 million to fund a global expansion focused on the U.S. market and scale up its commercial subscription service business.  Ubco’s hero product, the Ubco 2X2, is an all-wheel drive electric motorbike that looks like a dirt bike but rides like a moped. What began as a solution for farmers to get around pastures and farms easily, safely and quickly has expanded to include an urban version of the bike that caters to fleet en...
Tags: Transportation, Europe, Tech, Electric Vehicles, United Kingdom, New Zealand, Electric Bikes, Allan, UBCO, New Zealand Australia, Timothy Allan, eBikes, PaMu, Seven Peak Ventures Nuance Capital, TPK Holdings, New Zealand Post the Defense Force


Snapchat removes speedometer filter after families of car crash victims accused it of encouraging reckless driving

Snapchat's speed feature is no more, NPR first reported. Jakub Porzycki/NurPhoto via Getty Images Snapchat is removing the speed filter, which critics say promotes reckless driving. The filter has been connected to several serious crashes over the years. Snap told NPR that it is nixing the feature because it's "barely used by Snapchatters." See more stories on Insider's business page. Snapchat is nixing its controversial speed filter after years of criticism. The feature, whic...
Tags: Transportation, Florida, News, Trends, Snapchat, Driving, Npr, Snap, Ban Cars, Tech Insider, Jack Wright, Tim Levin, Jakub Porzycki NurPhoto, Sienna Mae Gomez, Getty Images Snapchat, NPR Critics


Amex just opened its newest lounge inside LaGuardia Airport's brand-new terminal and it's just what the infamous airport needed

Touring American Express' new Centurion Lounge at LaGuardia Airport. Thomas Pallini/Insider American Express just opened a new Centurion Lounge at New York's LaGuardia Airport on Monday. The 10,000 square foot space is open to American Express Platinum and Centurion cardholders flying on any airline. Complimentary hot meals and alcoholic beverages are on offer as flyers await their flights in LaGuardia's brand-new Terminal B. See more stories on Insider's business page. ...
Tags: Travel, Transportation, New York, News, Airports, Air Travel, Planes, New York City, US, Trends, Features, Flying, New Jersey, Delta, American Express, Aviation


Elon Musk's Boring Company is reportedly pitching companies on wider tunnels to carry shipping containers, but the bigger hole could drive up costs considerably

Tunnel boring equipment is displayed before an unveiling event for the Boring Co. Hawthorne test tunnel in Hawthorne, California, U.S., December 18, 2018. Robyn Beck/Pool via REUTERS The Boring Company is reportedly looking to build wider tunnels than its current 12-foot standard. A presentation seen by Bloomberg shows two shipping containers side by side in a 21-foot tunnel. Experts said the change is feasible, but could make projects substantially more expensive. See more stories on Insi...
Tags: Transportation, Elon Musk, Trends, Bloomberg, Switzerland, Las Vegas, Logistics, Tunnels, University of Washington, Hawthorne California, Tech Insider, Freight, Boring Company, DOMINICK REUTER, The Boring Company, Elon Musk s Boring Company


Celebrity Cruises CEO says people are itching to blow tons of money on casinos, massages, and other thrills: 'They just want to enjoy themselves'

Celebrity Cruises' Celebrity Reflection ship. Celebrity Cruises Celebrity Cruises CEO Lisa Lutoff-Perlo said many travelers are eager to shell out extra cash. During the pandemic, Americans saved $1.6 trillion and now many are looking to vacation. Despite bad press surrounding cruises, several trips have sold out within days of being announced. See more stories on Insider's business page. Celebrity Cruises CEO Lisa Lutoff-Perlo said many people who were cooped up during the pandemi...
Tags: Transportation, News, Celebrity, US, Trends, Economy, Cruise, Boats, Retail, Silversea, Vrbo, Oceania, St Maarten, Commerce Department, Celebrity Cruises, Lutoff Perlo


Porsche to make high-performance batteries in joint venture with Customcells

Luxury sports car manufacturer Porsche AG is going into the battery business. The automaker said Monday it plans to open a new factory that will produce high-performance cells through a joint venture with lithium-ion battery developer Customcells. Porsche invested in “the high double-digit millions” in the new joint venture, dubbed Cellforce Group GmbH, executive board member Michael Steiner told reporters in a media briefing ahead of the announcement. The factory also benefited from a €60 milli...
Tags: Transportation, Europe, Tech, Basf, Tesla, Automotive, Vw, Porsche, Panasonic, Chemical, Battery Ventures, Volkswagen Group, Steiner, Oliver Blume, Porsche AG, Michael Steiner


The Station: Waymo nabs more capital, Cruise taps a $5B credit line and hints about Argo’s future

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. A few Extra Crunch items highlight before we jump into things. This week, we published an interview with Refraction AI co-founder and CTO Matthew Johnson-Roberson as part of an ongo...
Tags: Google, Amazon, Transportation, Electric Vehicle, Europe, UK, Microsoft, Australia, California, Washington, China, San Francisco, Tech, Tesla, Austin, Cruise


Truckers are getting six-figure salaries as food suppliers scramble to find drivers - and it's pushing up the price of fryer oil and chocolate by as much as 50%

A contract port truck driver, Giraldo has seen work dry up as imports slow during the coronavirus outbreak. He gets fewer than four hauls a week, compared with at least 12 in normal times. AP Photo/Marcio Jose Sanchez Food suppliers are hiking up trucker wages and food prices as they struggle to find drivers, per the NY Post. One New York company said it had to hire truckers from Alabama and put them up in hotels in the Bronx. Chefs' Warehouse told The Post that this was pushing up pri...
Tags: Food, Transportation, Post, New York Post, News, Restaurants, Alabama, Trends, Transport, Retail, Truckers, Starbucks, Bronx, Rss, Jennings, Moody


Flight attendants describe 'unprecedented' violence as travel returns and passenger aggression soars

Flight attendants talk in a nearly empty cabin on a Delta Airlines flight operated by SkyWest Airlines. REUTERS/Jim Urquhart 7 flight attendants told Insider the rise in passenger violence has worsened their mental health. Flight attendants said the aggression stems from a divisive political climate. Some flight attendants want airlines to offer free, on-demand mental health services. See more stories on Insider's business page. When Nas Lewis, a Chicago-based flight attendant, went t...
Tags: Transportation, Facebook, New York, News, Air Travel, New York City, US, Los Angeles, San Francisco, Trends, Walmart, Delta Airlines, Chicago, Npr, Las Vegas, Airlines


Dramatic CCTV footage shows the moment a stolen car crashes into a high-speed train

CCTV footage captured the moment a car collided into a train in Doncaster, England, on June 13, 2021. Screenshot from Gi Doncaster News via Twitter CCTV footage captured the moment a car crashed into a high-speed train in Doncaster, England. Remarkably, the car was only clipped by the train and nobody sustained any serious injuries. An investigation into the circumstances of the incident is still ongoing, police have said. Visit Insider's homepage for more stories. CCTV footage captu...
Tags: Transportation, Crime, Trends, Car, Train, News UK, Accident, Cctv, Doncaster, Lg, South Yorkshire Police, Magna, BTP, Doncaster England, British Transport Police BTP, Doncaster Free Press


Man sues 7 airlines including JetBlue, Southwest and Delta, which he accuses of discriminating against travelers who can't wear masks because of medical conditions

A Southwest Airlines agent in Los Angeles. Lucy Nicholson/Reuters JetBlue, Southwest, Delta, and four other airlines were sued over their mask requirements. Lucas Wall, of Washington DC, said his anxiety condition means he can't wear a mask. He said he's been living in his mother's retirement community in Florida and is stranded there. See more stories on Insider's business page. A frequent flier on Monday filed a lawsuit against seven airlines - Southwest, Alaska, Allegia...
Tags: Travel, Transportation, Florida, News, Trends, Washington Dc, Delta, Tsa, Airlines, US District Court, Southwest Airlines, Jetblue, Wall, Department Of Transportation, Transportation Security Administration, Jfk Airport


Airlines could hike charges on overweight baggage because passengers are getting heavier, according to an industry expert

Passengers board an American Airlines flight from California to North Carolina Photo by Sandy Huffaker/Getty Images Airlines could use higher passenger weights to charge more for baggage, says an industry expert. American Airlines said its average passenger weights had risen by eight pounds. But experts say airlines are unlikely to weigh passengers before they board their flights. See more stories on Insider's business page. Airlines could hike charges on overweight baggage as they...
Tags: Transportation, California, Planes, America, Trends, Airlines, North Carolina, Faa, Wall Street Journal, Southwest Airlines, Jetblue, Journal, United Airlines, Federal Aviation Administration, Delta Air Lines, American Airlines


An Amazon worker says she's homeless because she can't afford NYC rent with the $19 she's paid per hour: Report

Helen H. Richardson/MediaNews Group/The Denver Post via Getty Images Amazon has touted its $15 minimum wage and pushed for increases at the national level. But Vice reported that a worker in New York City making $19.30 per hour still can't afford rent. The woman says she lives in her car in the company's parking lot and struggles to make ends meet. See more stories on Insider's business page. An Amazon employee who works at the company's warehouse on Staten Island in New Y...
Tags: Amazon, Transportation, New York, Labor, New York City, US, Alabama, Trends, Bloomberg, Minimum Wage, Homelessness, New Jersey, Retail, Homeless, Jeff Bezos, Staten Island