Tag: transportation
Remote-controlled delivery carts are now working for the local Los Angeles grocer
Robots are no longer the high-tech tools reserved for university labs, e-commerce giants and buzzy Silicon Valley startups. The local grocer now has access too. Tortoise, the one-year-old Silicon Valley startup known for its remote repositioning electric scooters, has taken its tech and adapted it to delivery carts. The company…
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Watch a Porsche Taycan break the Guinness World Record for an EV drift
If you’ve ever kicked out the tail of your car, you’re aware of the razor-thin line between a clean drift and a wild spin. Now, imagine holding that knife edge for 55 minutes over a marathon distance of 26.2 miles. That’s exactly what Porsche driving… Source
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Google-backed Chinese truck-hailing firm Manbang raises $1.7 billion
The Chinese Uber for trucks Manbang announced Tuesday that it has raised $1.7 billion in its latest funding round, two years after it hauled in $1.9 billion from investors including SoftBank Group and Alphabet Inc’s venture capital fund CapitalG. The news came fresh off a Wall Street Journal report two…
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Mobileye taps Luminar to supply lidar for its robotaxi fleet
Luminar, the buzzy sensor startup that is on the verge of becoming a publicly traded company, locked in a supplier deal to furnish Intel subsidiary Mobileye with lidar for its fleet of autonomous vehicles. The deal, announced Friday, will see a rising star paired with a company that has long…
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Loadsmart raises $90 million to further consolidate its one-stop freight and logistics platform
Leading on-demand digital freight platform Loadsmart has raised a $90 million Series C funding round, led by funds under management by BlackRock and co-led by Chromo Invest. The funding will be used to continue to build out its platform to offer even more end-to-end logistics services to its freight customers,…
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Lime plans for ‘modes’ beyond bikes and scooters in 2021
Lime is launching its fourth generation scooter in Paris this week, an example the company says of its financial turnaround and commitment to growth. But that product rollout isn’t over. Lime CEO Wayne Ting hinted Thursday during the WSJ Future of Everything event that a “third mode,” beyond bikes and…
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