Spin, a company focused on bringing the stainonless bike sharing model to the U.S. after its continued success in Asia, is launching in South San Francisco today (as it planned to last month), making it the first ever to get…
Category: Transportation
Oryx Vision raises $50M to build better LiDAR for self-driving vehicles
Israeli startup Oryx Vision has raised a $50 million Series B round led by Third Point Ventures and WRV to help continue to develop and commercialize its innovative LiDAR tech, which is designed to be as simple as a digital…
Faraday Future signs lease on new turn-key manufacturing facility
Faraday Future recently abandoned plans to build its own tailor-made factory from scratch in Nevada, and now it’s signed a lease on a new ready-made production facility in Hanford, Calif. The switch in strategy reflects a broader shift in the…
Toyota takes stake in Mazda, invests more in self-driving and AI
Toyota has agreed to purchase a five percent stake in Mazda, and will build a joint plant in the U.S. worth $1.6 billion, the automaker revealed today. Toyota also said it’s going to increase its investment in “crucial fields” related…
Tesloop does emission-free electric freight shipping – with a Tesla Model X
Tesloop is a company that saw great potential in the Model X from Tesla – not as a consumer vehicle, but as a means of providing city to city fleet passenger transport, similar to a train or bus with with…
Inside Uber’s new approach to employee performance reviews
Uber SVP and Chief Human Resources Officer Liane Hornsey vividly remembers the day Susan Fowler published her blog post alleging workplace harassment and management issues came out. It was Sunday, Feb. 19, 2017 — her dad’s birthday. And the company was…
Your smartphone is the key for the Tesla Model 3
The Tesla Model 3 is unique in a lot of ways, but one of the more interesting is its use of your smartphone as the only key – there’s not fob, even, let alone an ignition for a traditional key.…
Momenta raises $46M Series B for its self-driving car software
Beijing-based Momenta announced this morning that it raised a $46 million Series B round led by NIO Capital, Sequoia Capital China and Hillhouse Capital. Momenta produces self-driving car software that applies deep learning to mapping, path planning and object recognition…
Momenta raises $46M Series B for its self-driving car software
Beijing-based Momenta announced this morning that it raised a $46 million Series B round led by NIO Capital, Sequoia Capital China and Hillhouse Capital. Momenta produces self-driving car software that applies deep learning to mapping, path planning and object recognition…
$47 billion has been invested into ridesharing startups — here are 10 other things that money could buy
When the ride-sharing industry emerged in 2007, few would have believed it would grow into the cash-eating behemoth it is today. Dozens of companies, in hundreds of markets, have garnered just over $47 billion in equity and debt investment, according…