The most prominent startup that tried to follow in Musk's footsteps, Hyperloop One, is closing its doors. And news of his demise came less than two weeks after the Biden administration announced $6 billion in funding for high-speed rail projects across California.
Amazon subsidiary Zoox has begun testing its purpose-built electric autonomous robotaxi on the streets of Las Vegas. Zoox says this is the first time an autonomous vehicle built without pedals or a steering wheel has operated on public roads in Nevada.
General Motors President and CEO Mary Barra has said the automaker will stop producing its two best-selling electric vehicles — the Chevy Bolt and its big brother, the Bolt EUV — at the end of 2023.
It's 2023 and years have passed since the monster fundraising peak for on-demand transportation and delivery startups locked in highly competitive races against one another to dominate urban consumer mobility.
Given the events of the past year and the turnaround, it's not too surprising that the supply chain segment has been strong in the face of macroeconomic headwinds that have plagued other start-up categories. China implemented strict lockdown measures against COVID-19 outbreaks. The war between Ukraine and Russia continued unabated. Inflation accelerated. And parts of Europe faced unusually high temperatures and dry conditions.
Elon Musk's Boring Company is doubling down on Las Vegas, with a proposal that would expand its underground transportation system to 65 miles of tunnels under the streets of Sin City.
Autonomous aircraft have long been thought to have the most potential, though not so much in the realm of glitzy people-carrying drones as in the quieter world of cargo.
Waymo will begin testing its self-driving Jaguar I-Paces without a human security operator in Los Angeles in the coming weeks. This is the company's next step on its way to commercializing robotaxi services in its second Californian city.
Madrid has renewed the operating licenses for shared scooter services in the city. The City Council has chosen three operators for the next three years: Dott, Lime and Tier.
Tesla has delivered 405,278 vehicles in the fourth quarter of 2022. While the automaker hit a record number of deliveries, it fell short of Wall Street expectations of around 420,000 to 425,000 units delivered.
This was a tumultuous year for micromobility, both in the shared and private realms. The year 2022 brought with it an increase in the sale of electric bikes, the adoption of smarter e-scooters that can detect bad driving behavior, and the drying up of venture capital funds for scooter and bike companies.
The Israeli urban trip planning app Moovit introduced a new feature that allows users to follow the movements of a transit line along the map in real time. The new feature, in addition to Moovit's real-time arrival countdown, brings a new level of precision and certainty to user journeys, the company says.
Where delivery trucks and full-size cargo planes don't make much sense, drones are proliferating: They may never deliver your burrito, but they could soon be indispensable for transporting medicine and emergency supplies. Australian drone logistics company Swoop Aero is celebrating new milestones and funding as it plans to expand into more markets.
Arcimoto, the maker of three-wheeled electric Fun Utility Vehicles (FUVs), is partnering with Faction to develop EVs that can be delivered to a customer's hotel through a combination of low-level autonomy and telecare technology. The union is part of an upcoming pilot in Las Vegas with GoCar Tours that will allow tourists to sightsee with Faction-powered FUVs.
Uber is suing the New York City Taxi and Limousine Commission (TLC), which has approved a rate increase for ride-hailing apps and taxi drivers amid a subsequent driver shortage. to the pandemic, rising operating costs and higher inflation. The ride-hailing company is trying to prevent an increase in the fees it must pay drivers in New York City before December 19.
Loft Dynamics is a Swiss startup creating virtual reality (VR) simulation technology for helicopter pilots, has raised $20 million in funding from US venture capital (VC) firms, including David Sacks' Craft Ventures , Sky Dayton and Up Ventures.
Tesla has rolled out the first production versions of its long-delayed electric semi-truck five years after CEO Elon Musk unveiled the commercial vehicle. The first Tesla Semi trucks were delivered to Pepsi at an event at the company's gigafactory in Sparks, Nevada.
Google plans to combine teams working on its Maps product and Waze, the mapping service that Google acquired in 2013. The merger comes as the search engine giant feels pressure to cut costs and consolidate operations, reports the Wall StreetJournal.
Helbiz's third-quarter earnings show a company that is burning cash, not growing revenue and losing passengers year after year. However, Helbiz's burgeoning sports streaming service made some small gains.
It's been six months since Uber unveiled Go, Get It, a global smorgasbord of product and feature reveals that covered everything from booking party buses and voice ordering for Uber Eats to linking trip plans to Gmail and skipping the lines. to eat in sports stadiums.
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