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Posts Tagged ‘transport’

German space agency reveals an autonomous, electric urban mobility prototype for use right here on Earth

The German Aerospace Center (DLR) has debuted a prototype of what it calls ‘U-Shift,’ an urban mobility vehicle designed for multiple uses. U-Shift is a fully electric vehicle, designed for autonomous operation, and could serve in a number of capacities including as an on-demand shuttle, a bus, a mobile distribution center for package delivery, or ...

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

Ford, Bosch, and Bedrock Technologies 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 itself in the parking structure. Systems in a Ford Escape test vehicle communicate with Bosch sensors to locate an empty parking location and move ...

China’s electric SUV maker Li Auto raises $1.1 billion in U.S. IPO

Trade tensions between China and the U.S. have not stopped Chinese companies from eyeing to list on American stock exchanges. Li Auto, a five-year-old Chinese electric vehicle startup, raised $1.1 billion through its debut on Nasdaq on Thursday. The Beijing-based company is targeting a growing Chinese middle class who aspire to drive cleaner, smarter, and ...

cargo.one gets $18.6M to take its air freight booking platform over the pond

Berlin -based cargo.one, which runs a marketplace for booking air freight, has closed an $18.6 million Series A round of funding led by Index Ventures. Next47 and prior backers Creandum, Lufthansa Cargo and Point Nine Capital also participated in the round, along with a number of angel investors — including Tom Stafford of DST Global ...

Damon Motors targets Tesla owners with its 200 MPH hyper-safe e-moto

Damon Motorcycles doesn’t want to become the Tesla of e-moto companies. But the startup does believe its EV two-wheeler is the first to capture the ethos of Tesla owners. That’s the target market for Damon’s new $24,995 Hypersport, according to CEO Jay Giraud. The Vancouver-based startup unveiled the e-motorcycle today at the Consumer Electronics Show ...

Investors find a spot for $65 million in Passport’s parking management tech

The big new round of funding for Passport’s ticketing and parking management tech proves that software can even disrupt something as mundane and seemingly low-tech as the parking lot. The startup, which just raised $65 million in new financing from investors is a permitting, parking and ticketing management service for cities, office parks and campuses. ...

Harry Shearer interviews Uber’s smartest critic: Hubert “Bezzle” Horan

Hubert Horan (previously) is a transport industry analyst who has written more than 20 essays for ***** Capitalism as well as two peer-reviewed scholarly articles explaining why Uber is a "bezzle" -- that is, a scam that can't possibly ever make money, no matter how much it preys on drivers, ignores passenger safety, and ...

Mobility startup Damon Motors enters e-moto arena with EV debut

Vancouver based mobility startup Damon Motorcycles has entered the EV arena with a preview of its first e-moto, the Hypersport Pro. The seed-stage company had previously focused on creating digital safety technology — like its 360 degree radar detection system — to augment two-wheelers made by other manufacturers. Damon has determined to create its own ...

Ford says it has nothing to prove to Tesla in F-150 vs Cybertruck tow battle

It was the challenge heard around the electric vehicle world. And now it seems, the Ford F-150 versus Tesla Cybertruck tow battle that we were all ready for, probably won’t happen. A quick recap: Tesla CEO Elon Musk poked the figurative Dearborn, Michigan bear in the middle of the company’s Cybertruck unveiling when he played ...

FedEx robot sent packing by NYC

FedEx’s autonomous delivery bot got a cold reception from New York City officials. After the company’s SameDay Bots — named Roxo — popped up on New York City streets last week, Mayor Bill de Blasio and transportation officials delivered a sharp response: Get out. FedEx told TechCrunch that the bots were there for a preview ...