transportation

Cruise acquires self-driving startup Voyage

Voyage, the autonomous vehicle startup that spun out of Udacity, has been acquired by Cruise, a deal that points to the continued consolidation within the nascent industry. Financial terms of the deal

Commuting platform startup Hip lands $12 million to help companies bring employees back to the office

Nearly a year ago, the spread of COVID-19 ended the daily commute for millions of Americans, an abrupt change that sent the ridesharing industry into a free fall. Hip, which connected commuters with t

Lyft sees ride revenues recover by nearly 50% in just three months

Shares of Lyft are riding high, popping more than 7% in after-hours trading today after the American ride-hailing giant reported its Q3 earnings. Lyft, which competes with Uber for rideshare, reported

Uber will now let users book rides 30 days in advance and pick a favorite driver

Uber is rolling out a new feature this week that will let users reserve rides up to 30 days in advance and pick their favorite driver for the trip as the ride-hailing company seeks new ways to attract

Elon Musk’s Boring Company is setting up operations in Austin

Elon Musk’s tunneling and transportation startup The Boring Company is eyeing Austin for its next project based on several new job postings. The Boring Company, which last year landed a deal to

Autonomous delivery startup Nuro hits $5 billion valuation on fresh funding of $500 million

Nuro, the autonomous delivery startup founded by two former Google engineers, has raised $500 million, suggesting that investors still have an appetite for long-term pursuits such as robotics and auto

The Station: Transportation on the ballot, SoftBank parks its money in REEF and Tesla Tequila arrives

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Welcome back to The Station, a newsl

After Prop 22’s passage, Uber is taking its lobbying effort global

Fresh off of its success on Election Day, Uber is signaling that it will continue to push laws similar to the Proposition 22 measure approved by California voters that will keep gig workers classified

Why Florida residents may soon be seeing jet-powered ‘flying taxis’

Florida is renowned for its strange news stories. In recent weeks alone, one resident reported an alligator in her garage that turned out to be a pool floatie; another discovered a python in her washi

Gogoro’s Eeyo 1s e-bike goes on sale in France, its first European market

Gogoro announced today that its Eeyo 1s is now available for sale in France, the smart electric bike’s first European market. Another model, the Eeyo 1, will launch over the next few months in F

6 leading mobility VCs discuss the road ahead

Millions of consumers sheltering in place to stem the spread of the novel coronavirus sent shockwaves through the global economy. Transportation-related companies were not spared in the upheaval. Mobi

7 top mobility VCs discuss COVID-19 strategies and trends

As COVID-19 swept across the globe, no sector lay untouched, but perhaps no industry was more disrupted than transportation. Airlines slashed routes, public transit use plummeted, ridership on Uber, L

SkyCell raises $62M for smart containers and analytics to transport pharmaceuticals

While human travel has become severely restricted in recent months, the movement of goods has remained a constant priority — and in some cases, has become even more urgent. Today, a startup out

Gojek reportedly buys 4.3% stake in Indonesian taxi company Blue Bird

Gojek has paid $30 million to take a minority stake in Blue Bird, one of the largest taxi operators in Indonesia, according to Bloomberg, which first reported that the deal was in progress last month.

Bluespace.ai, a startup focused on AV technology for mass transit, gets $3.5 million in seed funding

Bluespace.ai, a new autonomous driving startup focused on mass transit, announced today that it has raised $3.5 million in seed funding led by Fusion Fund. Other investors include YouTube co-founder S

Wheels raises $50 million for pedal-less e-bike share

Wheels, the startup founded by Wag founders Jonathan and Joshua Viner, just announced a $50 million round led by DBL Partners. This round brings Wheels’ total funding to $87 million. Wheels curr

Gogoro announces Yamaha, Aeon and PGO are the first manufacturers that will use its swappable batteries in their own scooters

Gogoro, the Taiwanese electric vehicle company, has announced its first manufacturing partners. Yamaha, Aeon Motor and PGO will all launch new scooters this summer that run on Gogoro’s swappable bat

Didi Chuxing and oil giant BP team up to build electric vehicle charging infrastructure in China

Ridesharing and transportation platform Didi Chuxing announced today that it has formed a joint venture with BP, the British gas, oil and energy company, to build electric-vehicle charging infrastruct

Alphabet’s Wing launches OpenSky, a safety app for Australian drone operators

Drone delivery service Project Wing (or just Wing as it’s now called) graduated from Google X last year to become an independent Alphabet business, and recently won governmental approval to oper

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 seen itself as an end-to-end platform developer, however, and today it
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