Transportation
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Trends
Yandex-Uber JV MLU acquires regional rival Vezet for shares and $71.5M in cash
On-demand transportation giant Uber made its name in part by aggressively entering new markets on a path of organic growth,…
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Trends
Hellobike, survivor of China’s bike-sharing craze, goes electric
Just two years ago, investors were heavily pouring money into China’s dockless bike-sharing startups. Now that boom has busted with…
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Trends
VW invests $2.6 billion in self-driving startup Argo AI as part of Ford alliance
VW Group is investing $2.6 billion in capital and assets into Argo AI, the Pittsburgh-based autonomous vehicle startup that burst onto…
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Trends
Chinese electric carmaker Xpeng says Nio stock swings a ‘good lesson’ for rivals
Seeing your competitor undergo dramatic changes in fortune can be unnerving as there’s the fear that the same will happen…
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Trends
Production of the Volkswagen Beetle officially comes to an end
The Volkswagen Beetle is taking a bow, after its return and restyle in 2011 (before earlier rebirth in 1997 –…
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Trends
Tier IV raises over $100 million to develop open source software for driverless cars
Tier IV, a Japan-based driverless car software maintainer and provider, this week announced the closure of a round north of…
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STARTUPS
Smart scooter company Gogoro launches GoShare, an end-to-end vehicle sharing platform
Founded in 2011, Gogoro now makes the best-selling electric scooters in Taiwan, where it is headquartered. The startup has always…
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Trends
China’s Didi removes 300,000 drivers amid safety overhaul
2018 was the year when Didi Chuxing, the ride-hailing company that defeated Uber in China, vowed to put safety ahead…
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STARTUPS
Ola Electric becomes India’s newest unicorn with new $250 million investment from SoftBank
India’s Ola is further widening its lead over Uber in the nation — and getting the help it needs from…
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Trends
Rocket Lab successfully launches seventh Electron rocket for ‘Make It Rain’ mission
Private rocket launch startup Rocket Lab has succeeded in launching its ‘Make It Rain’ mission, which took off yesterday from…
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