Kirsten Korosec

Senior reporter and editor at TechCrunch.

The Latest from Kirsten Korosec

Revel pulls electric mopeds after failing to make a dent in Austin’s car culture

Shared electric moped startup Revel said Friday that it will shut down its service in Austin later this month. The startup’s CEO and co-founder Frank Reig didn’t place the entire blame on

Self-driving trucks startup TuSimple raises $350M from US rail, retail and freight giants

Self-driving trucks startup TuSimple has closed a $350 million funding round from a diverse consortium of strategic investors that include major U.S. corporations in rail, retail and freight, accordi

Elon Musk would consider having Tesla acquire a legacy automaker

Elon Musk would consider leveraging Tesla’s mega $554 billion market cap to buy a legacy automaker, but only if it was on friendly terms, the billionaire entrepreneur said Tuesday in a wide-rang

Scale AI hits $3.5B valuation as it turns the AI boom into a venture bonanza

Scale AI, the four-year-old data labeling startup, has discovered that selling the picks and shovels needed to develop and apply artificial intelligence is big business. The company, which created a v

SoftBank, Volvo back Flock Freight with $113.5M to help shippers share the load

Everyday thousands of trucks carry freight along U.S. highways, propelling the economy forward as consumer goods, electronics, cars and agriculture make their way to distribution centers, stores and e

Lucid Motors completes $700M factory to produce its first electric vehicles

Electric automaker Lucid Motors has completed the initial phase of its $700 million factory, a milestone required to begin production of its first luxury all-electric Air sedan this spring. The factor

EV bus and truck maker The Lion Electric to take SPAC route to public markets

Canadian electric truck and bus manufacturer The Lion Electric Company said Monday it plans to become a publicly traded company via a merger with special purpose acquisition company Northern Genesis A

The Station: COVID’s effect on car ownership

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station

Nikola shares drop as GM pulls plug on investment deal

GM is backing away from an agreement to take a stake in electric automaker Nikola Corp., marking the collapse of a deal that has been problematic since it was announced just two months ago. Nikola sha

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 Vall

Pay-per-mile auto insurer Metromile is heading to public markets via SPAC

Metromile, the pay-per-mile auto insurer that earlier this year laid off a third of its staff due to economic uncertainties caused by COVID-19, is taking the SPAC path to the public markets. The compa

Tesla is now worth half a trillion dollars

Surging Tesla shares have pushed the company’s market capitalization to more than $515 billion, a fivefold increase since the start of the year. The traditionally volatile stock has continued to

GM dumps Trump to side with California in emissions rules fight

General Motors is changing sides in a battle over whether states — and specifically California — can set tailpipe emissions regulations and other rules meant to mitigate climate change that are st

Investors Lockheed Martin Ventures and SpaceFund are coming to TC Sessions: Space 2020

The space industry, once dominated by government-funded programs and a small handful of corporations, has seen a surge in startups in recent years. And with startups aplenty, the venture firms can nev

Gatik’s self-driving box trucks to shuttle groceries for Loblaw in Canada

Gatik, the autonomous vehicle startup focused on the “middle mile,” is already using its self-driving box trucks to deliver customer online grocery orders for Walmart. Now, the company —

The Station: Lime scoots towards profitability, a framework for AVs, and another electric vehicle SPAC

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 folks, welcome back to The Statio

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 vehi

Robotaxi companies get the green light to charge for rides in California

Companies that launch robotaxi services in California will be able to charge for and offer shared driverless rides as long as they can navigate a new government approval process that some in the indus

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 the product rollout isn’t over. Lime CEO

Lime touts a 2020 turnaround and 2021 profitability

Micromobility company Lime says it has moved beyond the financial hardship caused by the COVID-19 pandemic, reaching a milestone that seemed unthinkable earlier this year. In short, the company is now
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