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Canoo warns it may not have enough funds to bring EVs to market

TechCrunch

in after-market trading following the release of its earnings. Just last month, Canoo was even selected by NASA to build the ground crew transportation vehicles for the Artemis space exploration program. Canoo’s net loss reached $125.4 with a market valuation of $2.4 with a market valuation of $2.4

Marketing 237
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Automotive Software Development Services

Mobilunity

The automotive industry has been an engine of transformation and innovation for over a century, revolutionizing the way we travel and shaping the modern world. In this article, we embark on a journey through the realms of the automotive industry, exploring its vibrant landscape, emerging trends, and groundbreaking advancements.

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Cruise and Waymo score a win and a surprising deal between electric aircraft rivals

TechCrunch

Xie says that Veo is still operating profitably and sees moving into retail as a good way to expand into new markets. Inrix , the transportation analytics and connected car services, raised $70 million in a financing round from investment funds managed by Morgan Stanley Expansion Capital and Morgan Stanley Tactical Value. Vroom vroom!

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Zembo nabs $3.4 million from Toyota, DOB Equity and InfraCo Africa to grow its motorcycle startup in Uganda

TechCrunch

Mobility 54 said it will help the startup to scale its operations across Africa “by leveraging the group’s (Toyota’s) automotive footprint throughout the continent.” The project also aligns with global efforts to improve air quality and to achieve net-zero emissions by mid-century.”.

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Sono Motors has gone public, aims to get Sion solar electric vehicle to market by 2023

TechCrunch

Jona Christians and Laurin Hahn, Sono Motors’ co-founders, weren’t that into cars, but they recognized how much transportation contributes to the burning of fossil fuels and thought that would be a good place to start. before the market closed. The company’s path to market is twofold.

Marketing 206
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Sono Motors reveals final design of its solar-charging Sion EV

TechCrunch

Sono has had to combat a range of challenges since going public in November last year, from a plummeting stock price to switching manufacturing partners, and its path forward to production and delivery will likely continue to be bumpy given current market and supply chain uncertainty. before the market closed on its first day.

Energy 241
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Industrial cybersecurity startup Claroty raises $140M in pre-IPO funding round

TechCrunch

Claroty tells TechCrunch it has seen “significant” customer growth over the past 18 months, largely fueled by the pandemic, with 110% year-over-year net new logo growth and 100% customer retention. . The end goal here is to be the market leader for industrial cybersecurity. Vardi said.

Industry 250