SoftBank-backed P2P vehicle sharing service Getaround is shutting down US operations, including HyreCar, to focus on Europe, where it operates in six countries
Kirsten Korosec / TechCrunch :
Robotaxi company Motional loses capital support from automotive supplier Aptiv, the other half of a $4B joint venture with Hyundai that created Motional in 2019
Kirsten Korosec / TechCrunch :
Online used car marketplace Shift files for Chapter 11 bankruptcy and begins shutting down its business, after going public via a SPAC merger in October 2020
Kirsten Korosec / TechCrunch :
Stellantis announces Mobilisights, a business unit focused on selling software using connected vehicle data to enterprises, utilities, and other organizations
Kirsten Korosec / TechCrunch :
Online used car marketplace Carvana acquires Kar Global's Adesa US vehicle auction subsidiary and its network of 56 physical sites for $2.2B in cash
Kirsten Korosec / TechCrunch :
Woven Planet Holdings, a Toyota subsidiary that develops and invests in automated driving, has acquired 3D mapping startup Carmera for an undisclosed amount
Kirsten Korosec / TechCrunch :
Uber spins out Postmates X, the robotics unit of the delivery startup it acquired last year for $2.65B, as an independent company now called Serve Robotics
Kirsten Korosec / TechCrunch :
Driverless truck company Ike says it has been acquired by autonomous delivery vehicle startup Nuro for an undisclosed sum; Ike raised $52M Series A in Feb. 2019
Today we're excited to announce that Ike has been acquired by Nuro. Dave Ferguson / Nuro : Welcome Ike — Two and a half years ago, JZ and I met with Ike's co-founders Nancy, Alden … Kirsten Korosec ...
Volkswagen's heavy truck business The Traton Group takes a minority stake in TuSimple as part of an agreement to develop autonomous trucks
Kirsten Korosec / TechCrunch :
Reinvent Technology Partners, a new SPAC formed by Reid Hoffman, Zynga founder Mark Pincus and hedge fund manager Michael Thompson, have filed for a $600M IPO
Kirsten Korosec / TechCrunch :