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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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LG announces the first 50 participants in its LG Nova program

TechCrunch

Nova itself is a counterpoint to profit-focused corporate venture capital outfits, and is instead focusing on abilities to collaborate with the LG conglomerate across the board, in a few key verticals: the metaverse, connected healthcare, smart homes, electric vehicles (EV) and the wonderfully fuzzily named tech for good.

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The Station: Tier buys Spin, Waymo gets to charge for robotaxi, and Tesla needs a Tim Cook

TechCrunch

The biggest deal this week had to have been German micromobility operator Tier’s acquisition of Spin from Ford. Regardless, this deal not only gives Tier the highest city count of any micromobility operator, but it also gives Tier access to the U.S. Deal of the week. Tier had tried to enter the U.S. Miscellaneous.

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After pressure from NYC DOT, Joco pivots to e-bike delivery rentals

TechCrunch

So as soon as the bike runs out of battery, they simply go to one of our dense network of hubs and swap it out for another bike and can continue making money.”. Citi Bike just upped its prices across the board , so a non-member single ride costs $3.99 for a 10-minute ride. for the same ride.

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After a record year for Israeli startups, 16 investors tell us what’s next

TechCrunch

The army plays an important role in the socialization, education, skills development, social network and fabric of Israeli society. Many personal and professional networks are the result of army service. Micromobility, autonomous car sensors. Great market, easy to network, mostly friendly to coinvestment. More than 50%?

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