European regulators are pushing hard for greener energy. The REPowerEU plan calls for 10 million additional heat pumps to be added by 2027, and solar panels are also on the rise. But most installations are done by small businesses that could be more productive with better work processes. This is where German startup Reonic comes […]
Lyft ‘opens a can of whoop ass’ on surge pricing, Tesla’s Dojo explained and Saudi Arabia pumps $1.5B into Lucid
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Anyone paying even a little bit of attention to Tesla has probably heard about Dojo. Tesla CEO Elon Musk has referenced Dojo repeatedly over the years, oftentimes […]
Lucid pumps $1.5B from Saudi wealth fund after CEO warned relying on its ‘bottomless wealth’ was ‘dangerous’
Saudi Arabia is committing even more money to Lucid Motors as the EV startup struggles to erase its losses. Lucid announced Monday as part of its second-quarter earnings report that an affiliate of the Saudi sovereign wealth fund is committing another $ 1.5 billion, with half coming in the form of a private placement and […]
India’s Uber-rival BluSmart pumps up EV charging with $25M investment
BluSmart, an Indian ride-hailing startup that competes with Uber and homegrown rival Ola with its all-electric fleet, is looking to boost its battery charging infrastructure as the South Asian nation currently has limited charging stations but aims to expand its electric vehicle (EV) base. The Gurugram-based startup has received fresh funding of $ 25 million […]