![]() ![]() It seems most people on the team have kept their jobs at Waymo, per sources. I won't call it a complete shutdown, as limited testing will continue, but the program as it once stood is over. Waymo is tapping the brakes on self-driving trucks and shifting most of its capital, resources and talent to one commercial bet: ride-hailing. Vasquez was sentenced to three years of supervised probation. Rafaela Vasquez, the safety driver who was behind the wheel of an Uber ATG self-driving vehicle when it struck and killed a pedestrian in Tempe in 2018, pleaded guilty to endangerment. Cruise has since expanded to Austin, Dallas, Houston, Phoenix and, most recently, Miami. Want evidence that Cruise is accelerating? One year ago, Cruise only operated in San Francisco. If the company’s careers page provides any hints, it seems Atlanta is one of them. Cruise will also begin testing in multiple new cities as part of its aggressive commercial ramp, according to the company. ![]() Notable reads and other tidbitsĬruise self-driving vehicles arrived in Nashville this week for testing a robotaxi service is expected to follow. Reporter Rita Liao provides insight on what this deal could mean for future alliances between China and the West. In a separate agreement, Audi expanded a partnership with SAIC. VW Group made a pair of deals with Chinese automakers aimed at shoring up sales in China, including taking a 5% stake valued at about $700 million XPeng as part of a deal to jointly develop and produce two mid-sized EVs for China. Voltpost, a New York City-based startup that developed hardware that converts lampposts into EV charging spots, raised $3.6 million in a seed round led by RWE Energy Transition Investments with participation from Twynam Funds Management, Exelon Foundation, Good News Ventures and Climate Capital. When taking into account the Class B shares, Uber has a 22% stake in Aurora.ĮV.energy, the U.K.-based EV charging software startup, raised $33 million in a Series B round led by National Grid Partners with participation from new investors Aviva Ventures, WEX Venture Capital and InMotion Ventures, as well as existing investors Energy Impact Partners, Future Energy Ventures and ArcTern Ventures.įlipturn, a startup that developed a software management system for EV truck fleets, raised $4.5 million in a seed round led by Accel.įield, the battery energy storage systems developer launched by former Bulb Energy co-founder Amit Gudka, raised £200 million from DIF Capital Partners. ![]() As I mentioned in the Equity podcast, tucked inside the SEC filing detailing the deal we learn that Uber invested $1 million in the private placement and $74 million in the public follow-on. Other investors included AngelPad and Lorimer Ventures.Īurora raised $820 million in a public and concurrent private offering (a deal we covered last week). Īmpcontrol, an EV fleet management software startup, raised $10 million in Series A funding round led by the Westly Group. Other deals that got my attention this week. Software and EV charging sure seems like a thing, eh? ![]()
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