Fisker’s finances are back in the news after the company warned back in February that it didn’t have enough cash to make it through its next year. The company said this week that it intends to halt production for six weeks to get its business back in order. Fisker is hardly the first electric vehicle […]

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The great EV boom is fading a bit, but that’s not a concern if you take a long-enough view. Sure, Tesla expects slower growth for its car sales this year, and there are some indications that other companies are trimming their electric car plans, but there’s also reason to be optimistic. If you take a […]

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Turo, the venture-backed, peer-to-peer car rental service, reported its fourth-quarter and full-year financial performance this week in an updated IPO filing. The company first filed an S-1 to go public in early 2022, later updating the document quarterly in preparation for an eventual offering. TechCrunch covers its regular financial disclosures as they provide insight into […]

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Paris’ commercial court has accepted Cooltra’s offer to acquire Cityscoot. These two companies provide shared electric mopeds that you can unlock and ride to go from one place to another. Cityscoot had been placed under court-ordered receivership several months ago. As interest rates hovered around 0% in Europe, micromobility startups thrived. Europe became the perfect […]

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Multiple shocks to global supply chains brought about first by the pandemic and more recently by Iran-backed Houthis targeting cargo ships in Red Sea have shown there’s a need for greater resilience in global shipping. At the same time, the pressure to reduce both costs and carbon footprints continues apace.  Quietly, investors are eyeing up […]

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Imagine you work for a car rental agency or a package delivery company and you’re in charge of a fleet of vehicles. If you’re switching to EV vehicles, it becomes more complex to manage your vehicles due to long charging time and limited charging point availabilities. Guided Energy, a French startup that raised $5.2 million […]

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Sidewalk delivery robot services appear to be stalling left and right, but a pioneer in the concept says it is profitable and has now raised a round of funding to scale up to meet market demand. Starship Technologies, a startup out of Estonia that was an early mover in the delivery robotics space, has picked […]

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A small UK startup which combined a school bus service with a software platform to safeguard pupils has been acquired by ‘Smart buses’ startup Zeelo, which last year raised a $14 million war chest for expansion. Founded in the UK in 2010, Kura, which had previously raised £3.8 million in a Private Equity round from […]

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It’s not often that you see a $300 million+ Series B round that is entirely in equity. And yet, Paris-based startup Electra just raised a a $330 million (€304 million) Series B round. Electra is an electric vehicle charging company building a network of charging stations in France and in other European countries. Right now, […]

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Finn, a startup based out of Munich that operates a platform for new car subscriptions — an alternative to buying or leasing for those who want to drive new vehicles — has raised a sizable round of growth funding, money it plans to use to expand its tech and reach, with a move into more […]

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After years of exploding growth and massive funding rounds, it’s time for consolidation in the micromobility industry. Tier and Dott, two leading European companies in the space, have announced that they plan to merge. Transaction is expected to close within two months of today’s news. This shouldn’t come as a surprise as many free-floating scooter […]

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Following competition objections raised on Google in Germany this summer over bundling of services including Google Maps via its Android-based in-car infotainment system software, known as Google Automotive Services (GAS), the tech giant has made an offer of some service unbundling and the removal of contractual restrictions it applies to vehicle makers in a bid […]

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