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Posts Tagged ‘driver’

On the road to self-driving trucks, Starsky Robotics built a traditional trucking business

More than three years ago, self-driving trucks startup Starsky Robotics was founded to solve a fundamental issue with freight — a solution that CEO Stefan Seltz-Axmacher believes hinges on getting the human driver out from behind the wheel. But a funny thing happened along the way. Starsky Robotics started a regular ol’ trucking company. Now, ...

Ferrari’s first plug-in hybrid is here. And it’s faster than ever.

Ferrari has finally cracked open the door for electrification. The Italian supercar manufacturer unveiled the SF90 Stradale, its first plug-in hybrid. Purists might turn their noses up to Stradale’s mere 15.5 miles of all electric range. But it’s a milestone for Ferrari nonetheless and marks a shift in the company’s views and portfolio. Now, some ...

Brooklyn and Queens are now flush with 1,000 of Revel’s shared electric mopeds

Revel Transit has released 1,000 of its shared electric mopeds onto the streets of Brooklyn and Queens, following the end of a nine-month pilot program in the area. The New York-based startup pulled the original 68 mopeds it used in its limited pilot and has replaced them with new models (and hundreds more of them) ...

The all-electric Honda e is bringing its side view mirrors inside

Honda e, the compact electric vehicle that’s coming to market in spring 2020, is bringing its side-view mirrors inside. The company confirmed Tuesday that its side-camera-mirror system, which was on the prototype version, will be a standard feature when the car enters production.  The side-camera-mirror system includes two six-inch screens, situated on the left and ...

Nigeria’s Gokada raises $5.3M round for its motorcycle ride-hail biz

In many large cities across Africa, motorcycle taxies are as common as yellow-cabs in New York. That includes Lagos, Nigeria, where ride-hail startup Gokada has raised a $5.3 million Series A round to grow its two-wheel transit business. Gokada has trained and on-boarded over 1000 motorcycles and their pilots on its app that connects commuters ...

Elon Musk’s Boring Company lands $48.7M contract for underground “people mover” in Las Vegas

The Boring Company, Elon Musk’s tunneling and transportation startup, has landed a $48.7 million project to shuttle people in an underground Loop system around the Las Vegas Convention Center. This is the company’s first commercial contract. The initial design for the project, dubbed Campus Wide People Mover or CWPM, will focus on the Las Vegas ...

Crowned by Burger King, meat replacement company Impossible Foods raises $300 million

After being crowned by Burger King as the first meat replacement patty to roll out nationally with one of the largest fast food chains, Impossible Foods has raised $300 million in capital. The financing brings the company’s total equity raise to $750 million — and provides a sizable pool of funds to draw from as ...

A brief history of Uber’s bumpy road to an IPO

It’s been nine years since UberCab made its first appearance on the WordPress pages of this website. In the ensuing years, the startup has grown from an upstart looking to upend the taxi cab cartels, to a juggernaut that has its hands in every form of transportation and logistics service it can think of. In ...

Uber and Lyft drivers are striking ahead of Uber’s IPO

With Uber expected to make its debut on the public market by Friday, May 10, on-demand ride-hailing drivers are planning to strike on Wednesday. The New York Taxi Workers Association is calling on U.S.-based drivers to stand in solidarity with drivers in London and log off from both Uber and Lyft on May 8 between ...

Africa Roundup: Jumia’s IPO, DHL launches Africa e-Shop, Cathay’s $168M VC fund, ConnectMed acquired

The biggest news in a month of weighty African headlines was Jumia listing on the New York Stock Exchange. After filing SEC IPO docs in March, the Pan-African e-commerce company’s shares began trading on the NYSE April 12, opening at $14.50 under ticker symbol JMIA. Jumia stock rose north of 70 percent on its first ...