Tag: Automotive
Popping the hood on Vroom’s IPO filing
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Yesterday afternoon, Vroom, an online car buying service, filed to go public. Based on its SEC filing, Vroom is a highly-successful private company in fundraising terms that has attracted over…
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Help wanted: Autonomous robot guide
COVID-19 knocked the wheels off the economy, but one nascent tech job not only kept rolling, it picked up speed. Teleoperations — or more specifically, teleops for autonomous delivery robots — is still a niche job within an industry that has yet to dive into the deep end of the…
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The Station: Cruise cuts, Waymo snags more cash, and a VC Mobility survey
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 and welcome back to The Station, I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch. If you’re interested in all the…
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Ford to offer COVID-19 testing for symptomatic workers as part of reopening plan
Ford said Saturday it will test hourly and salaried employees with suspected COVID-19 symptoms in four metro areas where it has major operations as it prepares to reopen facilities this month. The automaker is expected to resume production and some operations at its North America facilities May 18. Aside from…
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Tesla scouts head to Tulsa, Austin as hunt for Cybertruck gigafactory location nears end
Tesla officials visited two sites in Tulsa, Oklahoma this week to search for a location for its future and fifth gigafactory, according to a source familiar with the situation. Company representatives also visited Austin recently for a potential site for a factory that will produce its all-electric Cybertruck and Model…
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Cruise lays off 8% of workforce amid COVID-19, puts resources towards engineering
Cruise, the self-driving car subsidiary of GM that also has backing from SoftBank Vision Fund, automaker Honda and T. Rowe Price & Associates, is laying off nearly 8% of its more than 1,800-member workforce today as it tries to reduce costs during the COVID-19 pandemic. The layoffs will affect employees…
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