Latest from Kirsten Korosec
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Fisker enters into dumpster fire territory and Tesla chases FSD revenue
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Remember in…
Databricks’ GPT rival and who’s investing in ‘underdog’ founders
Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday…
Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing equipment to Canoo, another struggling startup trying to build and sell electric vehicles. The acquisition, which…
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TechCrunch Mobility: The wheels are starting to come off the Fisker EV bus
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Before we…
Lordstown Motors’ ousted CEO settles with SEC for misleading investors
Steve Burns, the ousted founder, chairman and CEO of bankrupt EV startup Lordstown Motors, has settled with the U.S. Securities and Exchange Commission over misleading investors about demand for the…
Another autonomous vehicle startup shutters, Zoox expands driverless testing and investor fervor for AI escalates
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free.…
Autonomous vehicle technology startup Motional has secured a bridge loan that provides a temporary financial reprieve as the company searches for a longer-term source of funding, TechCrunch has learned. Motional…
Waymo to launch commercial robotaxi service in Austin by end of the year
Waymo will begin offering a robotaxi service to the public in Los Angeles this week and in Austin by the end of the year, the company’s co-CEO Tekedra Mawakana said…
Phantom Auto, a remote driving startup that launched seven years ago amid the buzz of autonomous vehicle technology, is shutting down after failing to secure new funding, TechCrunch has learned.…
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Uber CEO outlines plans for increasing driver EV access, reducing emissions at SXSW
Uber’s future will be greener, more affordable, and able to challenge Amazon at its own rapid delivery game, CEO Dara Khosrowshahi predicted while onstage this week at SXSW. His vision, which he charted out during an interview with city of Austin mayor Kirk Watson, isn’t entirely new. The company made…
Rivian’s big bet, Waymo goes driverless in Austin and the Chevy Blazer EV returns
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. This week was all about Rivian and its splashy reveal of three…
Rivian’s new ‘treehouse’ rooftop tent comes with a movie projector
Rivian has a little cinematic surprise tucked in its new “treehouse” rooftop tent, one of the many accessories the automaker plans to sell alongside its next-generation R2 SUV and future…
GM resumes Chevy Blazer EV sales with new software and lower prices
General Motors has resumed sales of the Chevrolet Blazer EV — and at a cheaper price — more than two months after the automaker pulled the vehicle over software problems.…
The Rivian R2 SUV racks up 68,000 reservations a day after reveal
The Rivian R2, an all-electric sport utility vehicle that’s smaller and more affordable than the automaker’s flagship SUV, appears to be a hit with potential customers. At least, if the…
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Rivian takes the wraps off $45K R2 SUV, its biggest bet yet
As customers, VIP guests and media milled into the Rivian South Coast Theater in Laguna Beach on Thursday — the Pacific Ocean crashing on the beach just a few hundred feet away — a mix of hope and excitement rippled through the arena. The occasion was the unveiling of the…
The 2024 all-electric Dodge Charger debuts with muscle car donuts, drifts and even a Hellcat rumble
On Tuesday, Stellantis introduced two all-electric versions of the Dodge Charger packed with the kind of features muscle car fans have come to expect — right down to a system…
Waymo scores a critical robotaxi permit, Fisker cuts more workers and Apple car fades away
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation.
Waymo can now charge for robotaxi rides in LA and on San Francisco freeways
Waymo received approval Friday afternoon from the California Public Utilities Commission to operate a commercial robotaxi service in Los Angeles, the San Francisco Peninsula and on San Francisco freeways. The…
Ford’s adventure with Tesla superchargers officially begins
Owners of Ford EVs now have access to more than 15,000 Tesla superchargers across the U.S. and Canada, nine months after the two automakers struck a deal that would eventually…
Hyundai-backed autonomous company Motional cuts 5% of workforce
Motional, the autonomous vehicle company born out of a joint venture between Hyundai Motor Group and Aptiv, told employees Wednesday it will cut about 5% of its workforce, TechCrunch has…
Polestar secured a $950 million loan from a dozen banks, critical funds needed to keep its EV plans moving forward following Volvo’s decision to pull back its financial support of…
Stellantis CEO dishes on Waymo, Rivian cuts staff and the great EV softening continues
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free.…
Stellantis CEO says there’s still life in Waymo deal for self-driving delivery vans
Stellantis, the automaker that owns 14 brands, including Chrysler, Jeep and Ram, and autonomous vehicle technology company Waymo are not only still working together, the companies are deepening the partnership,…
Match Group’s deal with OpenAI is just business with AI glitter on top
The Equity crew is covering deals of the week from PermitFlow, Cake and Match Group, Klarna’s board, and which startups could be 2024’s winners.
Rivian lays off 10% of workforce as EV pricing pressure mounts
Rivian is laying off 10% of its salaried workforce in a bid to cut costs in an increasingly tough market for electric vehicles, putting even more pressure on its future,…
Waymo’s application to expand California robotaxi operations paused by regulators
Waymo’s application to expand its robotaxi service in Los Angeles and San Mateo counties has been suspended for 120 days by the California Public Utilities Commission’s Consumer Protection and Enforcement…
Uber Eats is launching a delivery service with Cartken’s sidewalk robots in Japan
Uber, along with partners Mitsubishi Electric and autonomous robotics startup Cartken, are launching a service in Japan that will use self-driving sidewalk robots to deliver food to customers. The companies…
Ford cuts prices on electric Mustang as demand softens for premium EVs
Ford is cutting prices of its all-electric 2023 Mustang Mach-E by has much as $8,100 as the automaker attempts to rid itself of inventory and compete with Tesla and its…
Ford preps for its next big fight, Waymo recalls its self-driving car software and layoffs come for another AV startup
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free.…
San Francisco Giants replace Cruise self-driving car uniform patch with another GM brand
The San Francisco Giants said goodbye this week to a uniform patch that advertised Cruise and its robotaxis — the latest fallout for the GM self-driving subsidiary and its controversial…