Tag: transportation
Betting on China’s driverless future, Toyota, Bosch, Daimler jump on board Momenta’s $500M round
Across the street from Suzhou North, a high-speed railway station in a historic city near Shanghai, a futuristic M-shaped building easily catches the eye of anyone passing by. It houses the headquarters of the five-year-old Chinese autonomous driving startup, Momenta. Like other major Chinese cities, Suzhou, which is famous for…
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Amazon begins testing its Rivian electric delivery vans in San Francisco
Amazon is expanding customer deliveries via electric cargo vehicle to San Francisco, making the Bay Area the second of 16 total cities the company expects to bring its Rivian-sourced EVs to in 2021. San Francisco’s unique terrain and climate were a couple of the reasons Amazon said it chose the…
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Investors Clara Brenner, Quin Garcia and Rachel Holt are coming to TC Sessions: Mobility 2021
The transportation industry is abuzz with upstarts, legacy automakers, suppliers and tech companies working on automated vehicle technology, digital platforms, electrification and robotics. Then there are shared mobility companies from cars to scooters and mopeds to ebikes. And who can forget the emerging air taxi companies? At the center of…
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Bird to spend $150 million on European expansion plan
Shared micromobility startup Bird said it is investing $150 million into a European expansion plan that will including launching in more than 50 cities this year, a move that it says will double its footprint in the region. This growth plan is already underway with Bird recently bringing its scooters…
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Elon Musk, Tesla board sued in lawsuit alleging ‘erratic’ tweets violate fiduciary duty
Tesla CEO Elon Musk’s tweets are the subject of another lawsuit. A Tesla investor is suing the company board and Musk for continuing to send “erratic tweets” that violate a settlement with the U.S. Securities and Exchange Commission that requires oversight of his social media activities. The lawsuit, which was…
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NTSB cites Tesla to make the case for stricter autonomous driving regulation
The National Transportation Safety Board (NTSB) is calling on its sister agency to implement stricter regulation related to automated vehicle technology. In a letter it sent to the National Highway Traffic Safety Administration (NHTSA) at the start o… Source
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