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Magna enters the micromobility and battery swapping market

TechCrunch

Magna International, a Canadian mobility technology company that builds sensor-based systems for cars like driver monitoring systems and advanced driver assistance systems (ADAS), is entering the micromobility market. Along with the funding, Magna will hold a seat on Yulu’s board of directors.

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5 key innovations taking e-scooters to a half-billion rides in 2021

TechCrunch

Understanding the key developments that helped advance micromobility over the past several years can give us valuable insights not only into where the industry is headed, but about how we can successfully shape it to meet the needs of hundreds of millions of current and future riders around the world. . #1:

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The Station: Arrival slashes EV targets, more Tesla FSD controversy and NHTSA loses its captain

TechCrunch

Cliff is headed over to the California Air Resources Board. Micromobbin’ The North American Bikeshare and Scooter Association released its 2021 shared micromobility state of the industry report — and it has some interesting findings. Trips on e-scooters accounted for 49% of total trips taken on shared micromobility.

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The Station: Rounding up the Tesla Cyber Roundup, a Waymo change up and the mysterious disappearance of Bolt Mobility

TechCrunch

Bolt had appeared to be on an upward trajectory last year after acquiring the assets of Last Mile Holdings, which opened up 48 new markets to the micromobility operator. We’re still working that one out, but Alex Wilhelm and Annie Saunders have been pondering the effect that asset depreciation can have on startups like Bolt.

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The Station: Elon’s Tesla share sale, Ford teases a second EV truck and GM’s Cruise spending ramps

TechCrunch

We’ll kick off mobility month with a TechCrunch Live event focused on building a better mobility fintech startup featuring Rachel Holt of Construct Capital and Caribou CEO Kevin Bennett. Meanwhile in the land of shared micromobility. Dat Bike is a new Vietnamese e-motorbike startup that just raised $5.3

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LG announces the first 50 participants in its LG Nova program

TechCrunch

From 1,300 applicants, the company picked its first cohort to start building opportunities with the startups. ” I spoke with Dr. Rhee in great detail earlier this year, to figure out how startups can work with LG Nova: LG and the hunt for the next-gen corporate incubator.

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The Station: Intel eyes an IPO for Mobileye and how Elon influenced Autopilot

TechCrunch

Micromobbin’ I don’t want to get ahead of myself here, but are we close to reaching the point of no return on our micromobility revolution? All of the stars appear to be aligning towards the potential for exponential growth in micromobility adoption. You also can send a direct message to me at Twitter — @kirstenkorosec.