Daimler

Consolidation is moving ahead in the world of autonomous driving, with the latest development coming out of Europe. Today, Bosch announced that it would be acquiring Five.ai, the autonomous driving…

Bosch picks up Five.ai after the self-driving startup pivoted to B2B and then put itself up for sale

Jolla, a Finnish startup that develops a mobile Linux-based alternative to Google’s Android which has had some take-up by the Russian government in the past, is looking to restructure its…

Finland’s Jolla, maker of Sailfish OS, is trying to cut ties with Russia

Waymo Via, the autonomous vehicle company’s trucking and cargo transportation unit, is expanding its existing partnership with logistics company J.B. Hunt Transport Services from a pilot into a long-term strategic…

J.B. Hunt will be Waymo’s first self-driving freight customer

Autonomous driving startups in China are in an arms race to put passengers in their machine-driven vehicles. Every few weeks, news arrives that another major player has got the greenlight…

China’s robotaxis charged ahead in 2021

StoreDot, the Israeli next-generation battery technology startup touting an “extreme fast charging” (XFC) battery for electric vehicles, has secured the first close of its latest funding round led by Vietnamese…

Fast-charge EV battery maker StoreDot pulls in $80M led led by Vietnam’s VinFast

Southern Europe has sometimes been seen as a little bit of a backwater in terms of venture capital funding. However, that has gradually started to change in recent years. Earlier…

VentureFriends raises $112M fund aimed at Southern Europe, Middle East and LatAm

Ionity, an electric vehicle fast-charging charging network provider whose owners include Daimler AG and Volkswagen Group, has scored a €700 million ($783 million) investment from BlackRock Global and existing shareholders…

Ionity lands €700 million investment from BlackRock, automakers to expand EV fast-charging network

Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. On…

China roundup: Meng Wanzhou’s release and Huawei’s future

As environmental issues really came of age in the 1990s, certain German automakers were meeting in secret groups to make sure their cars would continue to industriously contribute to greenhouse…

EU fines BMW, VW $1B for running emissions cartel since the 90s

As the autonomous vehicle industry in the United States marches toward consolidation, a funding spree continues to exhilarate China’s robotaxi industry. Momenta, Pony.ai, WeRide and Didi’s autonomous vehicle arm have…

China’s autonomous vehicle startups AutoX, Momenta and WeRide are coming to TC Sessions: Mobility 2021

Competitors Volvo AB and Daimler Trucks are teaming up to produce hydrogen fuel cells for long-haul trucks, which the companies say will lower development costs and boost production volumes. The…

Volvo AB and Daimler Trucks team up in hydrogen fuel cell joint venture

Corporate training startup Attensi — which originally emerged out of Oslo, Norway — has raised $26 million from New York-based Lugard Road Capital, DX Ventures (a VC fund backed by…

Norwegian corporate training startup Attensi raises $26M from NYC’s  Lugard Road, DX Ventures

As the Ubers of the world continue to scale, a smaller on-demand transportation startup has raised some funding in Germany, underscoring the opportunities that remain for startups in the space…

Berlin’s Blacklane raises $26M to expand its high-end chauffeur-driven sustainable car service

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…

Betting on China’s driverless future, Toyota, Bosch, Daimler jump on board Momenta’s $500M round

Sila Nanotechnologies, a Silicon Valley battery materials company, has spent years developing technology designed to pack more energy into a cell at a lower cost — an end game that…

Sila Nanotechnologies raises $590M to fund battery materials factory

Marathon Venture Capital in Athens, Greece has completed the first closing of its second fund, reaching the €40 million / $47 million mark. Backing the new fund is the European…

Greece’s Marathon Venture Capital completes first close for Fund II, reaching $47M

Daimler’s trucks division has invested in lidar developer Luminar as part of a broader partnership to produce autonomous trucks capable of navigating highways without a human driver behind the wheel.…

Daimler invests in lidar company Luminar in push to bring autonomous trucks to highways

Ford, Bosch and Bedrock today announced an automated valet parking demonstration in downtown Detroit. This system is designed to allow drivers to exit a vehicle and the vehicle would park…

Ford, Bosch and Bedrock announce an automated valet parking garage in Detroit

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. Hello and welcome…

The Station: Polestar 2 drive, Tesla splits and a chat with Motional’s Karl Iagnemma

Few could ever forget back in 2015 when security researchers Charlie Miller and Chris Valasek remotely killed a Jeep’s engine on a highway with a Wired reporter at the wheel.…

Security bugs let these car hackers remotely control a Mercedes-Benz

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. Hello and welcome…

The Station: The startups edition

In China and the U.S., there’s much debate about when and how humans will achieve fully autonomous robotaxis at scale — cars that chauffeur passengers under complex road conditions without…

Daimler-backed Momenta says its robotaxis will be fully driverless and profitable in 2024

BMW Group and Mercedes-Benz AG have punted on what was meant to be a long-term collaboration to develop next-generation automated driving technology together, less than a year after announcing the…

BMW, Mercedes-Benz end ‘long-term’ automated driving alliance, for now

New vehicles today can produce a treasure trove of data. Without the proper tools, that data will sit undisturbed, rendering it worthless. A number of companies have sprung up to…

Otonomo raises $46 million to expand its automotive data marketplace

Like it or loathe it, Uber changed the face of modern urban transportation by providing a relatively pain-free way to order a car to take you from A to B.…

Blacklane is on the road to building a profitable on-demand transportation platform

Wrench, the Seattle-based on-demand vehicle maintenance and repair service for consumers and fleets, has raised $20 million in its latest round of financing. The company’s round was led by Vulcan…

Wrench’s on-demand vehicle repair and maintenance service picks up $20 million

Featured Article

Who will own the future of transportation?

Autonomous vehicles are often painted as a utopian-like technology that will transform parking lots into parks and eliminate traffic fatalities — a number that reached 1.35 million globally in 2018. Even if, as many predict, autonomous vehicles are deployed en masse, the road to that future promises to be long, chaotic and complex. The emergence…

11:18 am PDT • October 18, 2019
Who will own the future of transportation?

“Flying cars” — airborne vehicles designed for urban and other short-distance commutes to replace conventional private automobiles — are (at best) still years away from being a reality, with significant…

Sources: Lilium is looking to raise up to $500M for its electric flying taxis

By-the-minute car rental service Car2go is raising its rates for short trips under the guise of variable pricing, the company announced to its users today. As we’ve seen with other…

Car2go hikes hourly rental rates by as much as a third

Proterra has authorized shares to raise $75 million, a new round of funding that would push the electric bus maker’s valuation past $1 billion, TechCrunch has learned. The company authorized…

Proterra, the Tesla of electric buses, closes in on $1 billion valuation