Audi’s new V2I feature helps drivers hit every green light

Audi has added a new feature to the vehicle-to-infrastructure technology embedded in its newer models that’s designed to help drivers catch every green light. The tech, called GLOSA or Green Light Optimized Speed Advisory, is part of the automaker’s built-in traffic light-reading technology. And Audi says it’s the first automaker to include this GLOSA feature in its […]

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Nissan’s old Leaf batteries can power this smart pop-up camper for one week

Nissan has turned its old Leaf batteries into an off-grid camping companion. The automaker’s Nissan Energy subsidiary worked with camper manufacturer Opus to create the ultimate “smart” pop-up trailer that integrates cells recovered from its first-generation electric vehicles to provide off-grid power. Add in one to two recharges of the accompanying 400W solar panel accessory and […]

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China’s Didi is laying off 15% of its staff

China’s largest ride-hailing firm Didi plans to let go 15 percent of its employees or about 2,000 people this year, sources told TechCrunch. The cut comes as the beleagured transportation giant copes with a stricter regulatory environment that puts a squeeze on driver supply and backlash from two high-profile passenger murders last year. Chief executive Cheng […]

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Uber Freight snags Airbnb, Box veterans as it eyes global expansion

Uber Freight, which helps truck drivers connect with shipping companies, has made two high-profile hires this month as it continues to scale up its app and plans for a global expansion. The company has hired Andrew Smith, one of Box’s early employees, to head up global sales at Uber Freight, and Bar Ifrach, formerly of Airbnb, to lead […]

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China’s Didi reportedly lost a staggering $1.6 billion in 2018

China’s largest car-hailing company is facing relentless pressure from all fronts. Beijing-based Didi Chuxing reportedly lost a staggering 10.9 billion yuan ($1.6 billion) in 2018, according to financial data that Chinese news site 36Kr obtained. For some context, Uber posted a net loss of $939 million on a pro forma basis and an EBITA loss at $527 million during […]

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GoEuro rebrands as Omio to take its travel aggregator business global

European multimodal travel booking platform GoEuro has announced a change of name and destination: Its new ambition is to go global, scaling beyond its regional grounding to tackle the challenge of intercity travel internationally — hence needing a more expansive brand name. The name it’s chosen is Omio, pronounced with the stress on the ‘me’ […]

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Check out the first interior view of Honda’s Urban EV prototype

Honda has been teasing its all-electric urban vehicle in 2017, when the automaker showed off its vision of the future — that had a distinct 1970s first generation Civic flare. Now, two years later a production version of the Urban EV is nearly here. And the automaker is finally giving a glimpse —albeit the tiniest […]

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Investors are pouring money into Latin America’s logistics and shipping businesses

New technology companies are poised to transform the shipping and freight industry across Latin America. Startups like Liftit, a Colombian provider of trucking services, and Nowports, a Mexican freight shipping startup, are angling to be the next Convoy and Flexport — at a time when shipping and logistics business in Latin America is booming thanks […]

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C2A raises $6.5M for its in-car cybersecurity platform

Cars are now essentially computers on wheels — and like every computer, they are susceptible to attacks. It’s no surprise then that there’s a growing number of startups that are working to protect a car’s internal systems from these hacks, especially given that the market for automotive cybersecurity could be worth over $900 billion by […]

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UK moves towards driverless car tests without safety drivers

The UK government has announced it’s working on a process to support so-called ‘advanced trials’ of autonomous vehicles — i.e. trials without human safety drivers. It also says it will be beefing up the existing Code of Practice for testing driverless cars to provide a framework to support the evolution of the tech, saying it’s on […]

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Go-Jek confirms first close of $2B Series F round at $9.5B valuation

Go-Jek, the Indonesia-based ride-hailing company that is challenging Grab in Southeast Asia, has announced the first close of its Series F round, as TechCrunch reported last week. The company isn’t revealing numbers but sources previously told us it has closed around $920 million. Go-Jek is planning to raise $2 billion for the round, as reported last […]

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Grab raises $200M from Thailand-based retail conglomerate Central Group

Grab’s fundraising push continues unabated after the Southeast Asian ride-hailing firm announced that it has raised $200 million from Central Group, a retail conglomerate based in Thailand. Central’s business covers restaurants, hotels and more than 30 malls in Thailand, while it has operations in markets that include Vietnam and Indonesia. Its public-listed holding companies alone are worth more […]

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