May Mobility launched its first low-speed autonomous shuttle service in Detroit this summer. By March, the Ann Arbor, Michigan-based company will be operating in at least three U.S. cities. The company, which just announced plans to expand to Columbus, Ohio, is planning to add another route in Grand Rapids, Michigan. It’s a rapid acceleration for […]
View More Autonomous shuttle startup May Mobility expands to a third U.S. cityCategory: Toyota
China’s Didi Chuxing launches taxi-hailing service in Japan
China’s Didi Chuxing is fighting fires at home around passenger safety, but overseas the ride-hailing giant has moved into another new market after its taxi-booking service began operations in Japan. The service has gone live in Osaka, the city of nearly nine million people, and parts of the surrounding area including Kansai International Airport. The Didi […]
View More China’s Didi Chuxing launches taxi-hailing service in JapanHow the Audi e-tron compares to the Tesla Model X and Jaguar I-Pace
Audi just announced its first production electric vehicle. Called the e-tron, the EV is a mid-size SUV loaded with technology with an unofficial range of over 300 miles. It’s nicely equipped, and with a starting price of $74,800, it sits between the Jaguar I-Pace and the Tesla Model X. The e-tron is most similar to […]
View More How the Audi e-tron compares to the Tesla Model X and Jaguar I-PaceGo-Jek plans to raise $2B more for Southeast Asia ride-hailing battle
Indonesia’s Go-Jek is planning to raise $2 billion from investors to fuel its ride-hailing battle with Grab in Southeast Asia. Go-Jek raised $1.5 billion earlier this year from investors that include Chinese trio Tencent, Meituan and JD.com, as well as Google, Allianz and Singapore sovereign fund Temasek. Now it is planning to raise a further […]
View More Go-Jek plans to raise $2B more for Southeast Asia ride-hailing battleTesla’s drama, China-based companies are listing in the US and SurveyMonkey is (finally) going public
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week, we were a man down, with the excellent Alex Wilhelm of Crunchbase News on a vacation that someone seems to have sanctioned, though it was not us, as we don’t believe in vacations. (Wilhelm, get […]
View More Tesla’s drama, China-based companies are listing in the US and SurveyMonkey is (finally) going publicToyota invests $500 million into Uber
Toyota and Uber are partnering to bring an on-demand autonomous ride-hailing service to market, a deal that includes a $500 million investment from the Japanese automaker. Under the agreement, Toyota Sienna minivans will be equipped with Uber’s self-driving technology and then deployed on the ride-hailing company’s network, the companies said. The deal, which was first reported […]
View More Toyota invests $500 million into UberSoutheast Asia’s Grab plans electric vehicle push
Grab, the ride-hailing company that consumed Uber’s business in Southeast Asia, today made a big push to grow the number of electric vehicles in its fleet after it partnered with energy supplier Singapore Power. The deal will see Grab add 200 new ‘fast-charging’ EVs to its fleet in Singapore with SP providing “preferential” pricing at the […]
View More Southeast Asia’s Grab plans electric vehicle pushGrab picks up $2 billion more to fuel growth in post-Uber Southeast Asia
Grab, the ride-hailing service that struck a deal to take Uber out of Southeast Asia, has announced that it has pulled in $2 billion in new capital as it seeks to go beyond ride-hailing to offer more on-demand services. The $2 billion figure includes a $1 billion investment from Toyota which was announced in June, […]
View More Grab picks up $2 billion more to fuel growth in post-Uber Southeast AsiaGo-Jek kicks off Southeast Asia expansion with Vietnam launch
Go-Jek, the Indonesia-based ride-sharing company valued at $5 billion, has begun its ambitious plan to increase its rivalry with Grab by expanding into three new markets after it opened shop in Vietnam. The service — which is known as Go-Viet — covers an initial 12 districts in Ho Chi Minh City with a motorbike on-demand service. Rival […]
View More Go-Jek kicks off Southeast Asia expansion with Vietnam launchSoutheast Asia’s Grab lands $1B from Toyota at a $10B valuation
Grab, the ride-hailing firm that acquired Uber’s Southeast Asia business earlier this year, is raising a new round of funding and it just announced that it will be led by Toyota, which is committing $1 billion in capital. The deal values Grab at $10 billion, a source close to the company told TechCrunch. In return […]
View More Southeast Asia’s Grab lands $1B from Toyota at a $10B valuationThese are the competitive pressures driving automakers to accelerate new tech adoption
The transformations that companies like Tesla, Uber and Lyft bring to the auto industry are changing more than just the ways car companies think about drivetrains and ownership, and its opening doors for new ways of thinking about the entire mobility industry. That’s the word from some of Israel’s top investors from the stage at […]
View More These are the competitive pressures driving automakers to accelerate new tech adoptionThe race to build autonomous delivery robots rolls on
It’s been a busy year in delivery robot land. Starship Technologies sounded the starting gun to bring autonomous delivery vehicles to market with a $17.2 million round led by Daimler back in January 2017. Then in January this year the Mountain View, Calif.-based company Nuro, raised the curtain on its own vision for robo-delivery with a […]
View More The race to build autonomous delivery robots rolls on