Gopuff said it plans to use the funding to continue expanding in North America, the U.K. and Europe, among other things.
Zūm wins $150M from San Francisco schools to modernize and electrify student transport
The San Francisco Unified School District (SFUSD) has awarded Zūm, a startup that wants to upgrade student transportation, a five-year $150 million contract to modernize its transport service throughout the district. Zūm, which already operates its rideshare-meets-bus service in Oakland, much of Southern California, Seattle, Chicago and Dallas, will be responsible for handling day-to-day operations, […]
Craft Aerospace’s novel take on VTOL aircraft could upend local air travel
The aircraft — which is still in small-scale prototype form — uses a new VTOL technique that redirects the flow of air from its engines using flaps.
Nikola founder Trevor Milton indicted on three counts of fraud
Milton ‘engaged in a fraudulent scheme to deceive retail investors’ for his own personal benefit, according to the federal indictment unsealed by U.S. Attorney’s Office in Manhattan.
Ford expects semiconductor rebound, new vehicle demand to increase 2021 profits
Despite semiconductor shortages peaking during the second quarter of 2021, Ford says it delivered better-than-expected operating results by leveraging strong demand for new vehicles, like its Bronco SUV, according to its most recent earnings report. In April, Ford had expected to lose about 50% of its planned Q2 production, resulting in a profit loss for […]
Ford F-150 Lightning electric pickup reservations surpass 120,000
Ford and its F-150 pickup, the automaker’s best-selling vehicle, have consistently inspired brand loyalty from pickup truck owners. According to the J.D. Power 2020 U.S. Automotive Brand Loyalty Study, Ford has a 54.3% loyalty rate. Now as the automaker moves to electrify its fleet, it seems to be bringing in fresh buyers. Ford released Wednesday […]
Ashirase, a Honda incubation, reveals advanced walking assistance system for visually impaired
The system aims to help users achieve more independence in their daily lives by allowing them to feel which way to walk through in-shoe vibrations connected to a navigation app on a smartphone.
Egyptian ride-sharing company Swvl plans to go public in a $1.5B SPAC merger
Queen’s Gambit Growth Capital, the women-led SPAC in charge of the deal, called Swvl ‘a disruptive platform that solves complex challenges and empowers underserved populations.’
The Lilium electric Jet will use batteries manufactured by Germany’s Customcells
Electric air taxi startup Lilium has tapped German manufacturer Customcell to supply batteries for its flagship 7-seater Lilium Jet. The battery IP is the result of “multiple players,” a Lilium spokesperson told TechCrunch, but the manufacturing will be the sole job of Customcells. While Lilium declined to specify the number of battery systems as part […]
Fisker invests in EV charging network Allego’s SPAC merger
Fisker is investing $10 million in private-investment-in-public equity (PIPE) funding for the merger of Allego and special purpose acquisition company Spartan Acquisition Corp III.