Electric boat maker Candela is approaching cruising speed with $ 25 million in new funding and the first commercial deployment of its new P-12 ferry in New Zealand. The company has global ambitions for its highly efficient boats and has completed and delivered dozens of them — which is a lot in this industry! Candela […]
India’s electric two-wheeler startups surge to over 150 players as government revs up EV push
The number of startups in India’s electric two-wheeler market has surged to over 150 from 54 in 2021, driven by government incentives to promote clean vehicles and cut oil imports, according to a new analysis. The influx has intensified competition in a segment expected to grow 15-20 times to annual sales of 15-20 million units […]
Cowboy launches all-road electric bike to attract riders beyond European city centers
Cowboy is better known for its sleek electric bikes that you can see in many major cities across Europe. And if you look at the persons riding those Cowboy bikes, most of the time, you’ll see a young adult heading to an office with a laptop in a backpack. That’s why the company is launching […]
Apple cancels its autonomous electric car project and is laying off some workers
Apple is scuttling its secretive, long-running project to build an autonomous electric car, according to Bloomberg. The company has already started laying off some people who worked on the project, TechCrunch has learned. The scope of the layoffs could not immediately be determined. Many of the nearly 2,000 employees who were still working on the […]
Florida man buys Cake’s remaining US inventory of electric motorbikes
The future of bankrupt electric motorbike startup Cake is still uncertain, but the majority of its U.S. inventory is going to a guy in Florida. Michael Joyce, who runs a retail shop in St. Petersburg called Emoto, tells TechCrunch that he bought all of the Cake Makka and Ösa motorbikes that had been shipped stateside […]