Tag: transportation
Recycling startup Redwood Materials is partnering with Proterra to supply EV battery materials sustainably
A growing number of companies have emerged over the last few years determined to reduce waste in the electric vehicle battery market. Chief among these is recycling firm Redwood Materials, which has quickly expanded since its launch in 2017 by Tesla co-founder JB Straubel to become the largest lithium-ion battery…
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UK’s Cazoo will list on the NYSE by way of a SPAC, valuing it at $7B and raising $1.6B
Cazoo, the UK used-car sales portal that has been on a major fundraising tear in the last year, will be next company to pursue more growth by way of a SPAC: the company today announced that it will list on the NYSE by way of a business combination with AJAX…
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Extra Crunch roundup: Clubhouse UX teardown, YC Demo Day favorites, proptech VC survey, more
Since the pandemic began, I have been pushing the limits of my imagination to try to picture what cities will look and feel like in the coming years. If your town looks like San Francisco, where I live, it’s a pressing question: Our once-bustling financial district is a ghost town,…
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Computer vision software has the potential to reinvent the way cities move
Harris Lummis Contributor Harris Lummis is the co-founder and chief technical officer at Automotus. In October 2019, The New York Times reported that 1.5 million packages were delivered in New York City every single day. Though convenient for customers and profitable for the Amazons of the world, getting so many…
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Woven Capital kicks off portfolio with investment in autonomous delivery company Nuro
Woven Capital, the investment arm of Toyota’s innovation-focused subsidiary Woven Planet, has announced an investment into Silicon Valley-based autonomous delivery vehicle company Nuro. This kicks off the new $800 million strategic fund, which will invest in growth-stage technology companies that could one day develop into partners or acquisitions to further…
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Porsche adds the all-electric Taycan to its subscription program
Porsche has added its first all-electric vehicle, the Taycan sports sedan, to its subscription and short-term rental program as part of a broader expansion that aims to build a new customer base of U.S. owners. The German automaker said Thursday it is also expanding the Porsche Drive subscription and rental…
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