Micromobility

Tariffs are quietly reshaping micromobility insurance, doubling import costs and increasing risks without reducing exposure | ZAGDaily

Dott has hit 5 million trips in Turin, crediting local partnerships and smart pricing for its success. The service has cut 1,400 tonnes of CO₂ and grown 21% in the past year, covering five municipalities. With over half of users on subscriptions, shared mobility is becoming a daily habit. Turin's climate leadership and Dott's flexible new Minute Pass highlight the city's role as a rising European model for sustainable urban transport | ZAGDaily

Lime e-bike batteries are being stolen in London to power unsafe DIY electric bikes, sparking fire risks and high costs for operators. Thieves sell the £300 batteries online or use them with cheap kits despite fire warnings from safety experts | The Sunday Times

Product Launches & Updates

Tesla has dropped the high-end Model Y Launch Series in the US, cutting the starting price by $11,000 | InsideEVs

BYD has launched the Han L sedan and Tang L SUV, its first EVs with ultra-fast charging on a new 1,000V platform. Priced from $30,000, both models can add around 250 miles of range in just five minutes. With fast charging, smart tech, and low prices, BYD aims to ease range anxiety and reshape the EV market | Electrek

Hyundai has teased a sleek new electric SUV in China, likely the upcoming IONIQ 4. The teaser shows sharp styling, sporty handling, and features like real-time torque control and high-speed cornering. It is designed for the Chinese market and signals Hyundai's push to compete with local EV giants. Built with local tech and suppliers, the SUV will launch later this year, aiming to boost Hyundai's presence with performance and style tailored to Chinese buyers | Electrek

Aurrigo and UPS are testing a self-driving cargo vehicle at East Midlands Airport that can carry up to 16,500 kg. Part of an £800,000 UK-backed project, the Auto-Cargo aims to improve safety, reduce worker strain, and speed up cargo handling. It uses digital simulation tools for efficient operations and follows successful trials at major airports | ZAGDaily

Jaguar Land Rover has paused all US vehicle shipments for April in response to new Trump-imposed tariffs on imports. The 25% tariff could raise car prices by $5,000–$10,000, prompting the company to rethink its long-term strategy. While JLR says it remains resilient, the move may affect jobs and sales, with 25% of its cars typically sold in the US. Enough stock remains for now, but delays could follow | The Verge

Ridehailing, Carsharing & Delivery

A Waymo robotaxi got stuck in a Chick-fil-A drive-through in Santa Monica, causing a brief traffic jam. No one was hurt, but the delay raised concerns about robotaxi reliability. Incidents like this highlight growing safety and regulatory questions as autonomous vehicles expand in cities like Los Angeles and San Francisco | TechCrunch

Zipline is launching its innovative delivery service in the Dallas-Fort Worth area, expanding to other locations soon. The company's uncrewed aircraft deliver small packages with precision, using automated technology for efficient operation. This service began in 2016 with medical supplies and now includes retail deliveries through a partnership with Walmart. Zipline's aircraft offer a cleaner, faster alternative to traditional delivery methods, reducing road congestion and emissions while improving accessibility | Ars Technica

Amazon's Zoox has started testing autonomous vehicles in Los Angeles, marking a key step toward launching its robotaxi service. The company is gathering data from manually driven Toyota Highlanders equipped with Zoox's self-driving tech ahead of broader autonomous testing this summer. Unlike Waymo, which offers paid robotaxi rides, Zoox is still in the early stages but plans to expand to public rides in Las Vegas and San Francisco later this year | TechCrunch

Vapaus and Canyon are revolutionizing employee bike-leasing programs in Finland. By partnering, they provide high-quality bicycles through a salary deduction scheme, making them more accessible. The collaboration, now expanding to Sweden and beyond, encourages sustainable commuting | ZAGDaily

Waymo has confirmed that it has no plans to use in-car camera footage from its robotaxis for targeted ads | The Verge

Investment & Deals

Nuro raised $106 million in Series E funding, bringing its total to $2.2 billion and a $6 billion valuation. The funding will support expansion plans through 2027 | TechCrunch

CEO Anthony Aquila will purchase Canoo's assets for around $4 million following approval from the bankruptcy court. Aquila plans to offer services to clients like NASA and the Department of Defense | TechCrunch

Nowos, a micromobility battery repair company, has secured €6 million in funding to expand its operations across Europe. Led by Impact Venture Fund Shift4Good, with participation from Fair Capital Impact Fund and Goeie Grutten Impact Fund, the investment aims to scale battery repair services for various sectors. Nowos plans to open new hubs in Poland and Germany and develop a Battery Passport system, supporting sustainability in micromobility and reducing e-waste | ZAGDaily

Trevor Milton, the founder of Nikola, is attempting to buy the bankrupt startup's assets following its Chapter 11 filing in February 2025. Despite a chilly reception and being denied access to inspect the company's Arizona factory, Milton's interest has sparked controversy. Other bids for Nikola's assets were also submitted, but the company plans to hold an auction to select the best offer. Milton's bid follows his recent pardon after a securities fraud conviction | TechCrunch

Infineon Technologies will buy Marvell's automotive ethernet business for $2.5 billion to strengthen its microcontroller segment. The unit, expected to bring in up to $250 million in 2025, will join Infineon's automotive division. Marvell is shifting focus to AI and custom silicon. Infineon secured bank financing and expects the deal to close this year, aiming to boost its position in smart mobility and automotive connectivity markets | Reuters

Republic Airways will acquire Mesa Air in an all-stock deal, giving Republic 88% ownership of the combined company. The merged airline will operate 310 jets and generate $1.9 billion in revenue, with plans to better handle market cycles and pursue strategic growth | Bloomberg

Cities & Policy

New York's congestion pricing plan, which charges most drivers $9 to enter Manhattan, faces federal pushback. Transportation Secretary Sean Duffy may cut funding to the MTA unless the tolls stop, but no final decision has been made. Despite legal threats, the MTA says it will keep tolls in place unless a court orders them to stop | Bloomberg

China has hit back at the US with steep new tariffs, adding a 50% levy on American goods, bringing the total tax to 84%. This move follows Donald Trump's earlier tariff hike and adds pressure to global trade. China also restricted exports to 12 more US companies | The Verge

The Trump administration's Department of Transportation seeks public input on cutting trucking safety and emissions rules. While framed as reducing red tape, experts warn it risks reversing proven health and safety gains, especially near ports where clean trucks have improved air and child health | Electrek

Stellantis is offering financial help to suppliers struggling with rising costs to soften the blow of new US tariffs. The program would let eligible parts makers apply for monthly payments to cover tariffs, aiming to protect supply chains and prevent price hikes | Bloomberg

Trump's new tariffs are hitting Apple and Tesla hard, mainly due to their reliance on China. Analyst Dan Ives warns Apple faces the most significant risk, with 90% of iPhones made in China. With falling stock prices and shifting consumer trust, experts say leadership and strategy changes are urgent to avoid deeper economic fallout | TechCrunch

New Products, Features, and Data Points

Slate Auto, a secretive EV startup backed by Jeff Bezos, plans to produce an affordable $25,000 electric pickup. With strong backing and expertise from companies like Ford and Harley-Davidson, Slate aims to differentiate itself by offering customizable vehicles and accessories. The startup, founded in 2022, plans production by 2026 despite challenges in the EV market. Slate's unique approach combines low-margin vehicles with high-margin accessories to enhance profitability | TechCrunch

GM's UK design team unveiled an electrified Corvette concept with an aviation-inspired design, gullwing doors, and an augmented windshield. The concept integrates EV battery tech and efficient airflow for performance, with deployable dorsal fins for improved cornering. The team is also working on a spacious, futuristic GMC van concept, expected later this year, with potential for camping use | The Verge

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The annual Curbivore conference is arriving this Friday April 11th in Los Angeles and we think it’s one of the best events in the industry. So if you’ve never been, today, we’ll share a preview of the event and why you won’t want to miss it!

If you want the cliff notes, check out the highlights video here to get a sense of things.

This year has a great lineup of speakers, partners and announcements that I know Movements readers will enjoy. The event is in its 5th year and the venue is one of a kind! All of the panels and fireside chats are inside in a cool warehouse venue, and right next door is the exhibitor lot which is an open air lot full of booths, vehicles (ranging from e-bikes, scooters and delivery bots, to EVS, cool cars and box trucks), and a ton of awesome local (+free!) cuisine and beverages. The weather is also shaping up to be great this week and it should be 80 degrees and sunny on Friday!

Curbivore is a good fit for anyone interested in new mobility, micromobility, last mile delivery, restaurant and retail, and public policy. And what’s unique about the event is that it brings together a number of different stakeholders to talk about issues and opportunities across different verticals.

This year feels especially exciting — and timely — with automation, AI, and AVs taking center stage across the industry. We’ve got major players like Uber, DoorDash, Zoox, Avride and Waymo joining us, and the speaker lineup is stacked with leaders from both the public and private sectors.

I think Movements readers will especially appreciate the AV mobility-focused panels we’ve got in store. One that I’m looking forward to is a fireside chat titled “Uber’s Vision for the Future of Autonomous Mobility and Delivery” between Harry Campbell, Founder at The Rideshare Guy, Richard Willder, Uber’s Global Head of Regulatory Policy, and Sergei Kirillov, CCO at Avride. They’ll talk through Uber’s approach to partnerships with 14 different (and counting) AV players and also discuss how they plan to blend their network of self-driving and human driven vehicles.

There will also be an exciting workshop by Doordash - “More Deliveries, Fewer Emissions: The Road to Sustainable Delivery Fleets”. Expect discussions on how DoorDash has worked with couriers to improve its fleet mix -- including incentivizing low-carbon EVs, e-bikes and more. This workshop will feature amazing speakers including Taylor Bennett, Global Head of Public Affairs, DoorDash, Nick Perloff-Giles, Program Coordinator at the SUMC, Ben Morris, CEO of Coaster Cycles and Dawn Miller from the City of New York Climate Office.

Another piece of programming with a lot of buzz is our “Electric, Autonomous & Shared: Meet the Fleets of the Future” panel, featuring Ron Thaniel from Zoox and Will Graylin, CEO of indiGO Tech among others. Expect some real talk on what Zoox has learned from early AV testing and what policy changes are driving the adoption of robotaxis.

And the final can’t-miss conversation will be with Stanley Tang, Co-Founder and CPO of DoorDash, Zach Rash, CEO of Coco Robotics, and Adam Woodworth, CEO of Wing. They’ll be discussing how DoorDash is investing in the future of logistics, leveraging autonomy, the gig economy, and technology to create a more efficient and sustainable ecosystem.

You can find a full list of the programming here.

Of course no Curbivore event would be complete without a few great parties. They’ll have an opening night reception on Thursday 4/10 at a cool local motorcycle themed bar (Bike Shed Moto). And following the conclusion of the event on Friday, there will be an on-site cocktail hour with live Jazz music and then an Exclusive After Party across the street at a private venue. It should be a great time!

Movements readers can still grab 50% off tickets while they last (we have 7 tickets left at this price). (PS: Public sector folks get in free!)

Looking forward to seeing everyone there.

🚗✨ The annual Curbivore conference is coming to Downtown LA on April 11th! An event that brings together leaders in new mobility, last-mile delivery, and curbside innovation, and this year’s speaker lineup is stacked with industry heavyweights and leaders shaping the future of transportation and commerce.

Movements readers get an exclusive 50% off on their early bird tickets🎉 Don’t miss out—grab your discounted tickets here 🎟️ (Also, public sector employees are free!)

Cities & Policy

Dr. Kristina Gaučė brings 17+ years of expertise in sustainable mobility, advising top Lithuanian ministries and cities on urban transport policy. In this episode of the CitiesFirst Podcast, she shares insights on leading SUMP projects across Europe, key implementation strategies, citizen engagement, and how sustainable mobility planning differs from traditional approaches | The #CitiesFirst Podcast

Trump's 25% tariffs on imported vehicles are expected to raise car prices by $5,000 to $10,000, worsening affordability issues for US consumers. The tariffs disrupt the auto industry's global supply chain, as even US-made cars rely on foreign parts. This could push vehicle costs further out of reach for many, especially as car buyers already face high loan burdens. While some automakers seek relief, the tariffs may cause widespread chaos in the sector | The Verge

Virginia has become the first state to allow judges to mandate speed-limiting devices for dangerous drivers, aiming to reduce fatalities from reckless driving. This bipartisan law, effective in 2026, could set a precedent for other states like New York and California. The measure targets drivers exceeding 100 mph, offering a solution that allows offenders to maintain driving privileges while preventing dangerous speeding, with advocates hoping for wider adoption to improve road safety | StreetsBlog USA

Stellantis has halted production at its plants in Canada and Mexico due to President Trump’s new 25% automotive tariffs. This decision affects about 5,400 workers across North America. While other automakers like Ford and GM have adjusted differently, Stellantis’ move aims to manage the impact of the tariffs, reduce vehicle inventory, and assess long-term effects. The company faces challenges in a volatile environment, with uncertainty around future operations and stock performance | CNBC

New York City Comptroller Brad Lander is urging the city to sue Tesla and CEO Elon Musk for allegedly breaching fiduciary duties, leading to significant financial losses for Tesla shareholders, including the city's pension systems. Lander argues that Musk’s focus on personal ventures has harmed Tesla’s performance and misled investors about his role. The city is seeking securities litigation against Tesla, reflecting growing concerns over Musk's leadership and governance at the company | Electrek

Between 2019 and 2023, e-mobility battery fires in New York City caused over $518 million in damages, including fatalities, injuries, and structural harm. The fires surged due to the rise in low-cost e-mobility imports. New York addressed the issue by enforcing safety standards rather than imposing bans. Recommendations include stricter safety regulations, better awareness, and removal of unsafe devices, aiming to reduce risks and ensure safer e-mobility adoption in cities | ZAGDaily

Micromobility

A new UK startup, Micro Mobility Labs, has launched Convoy—a smart e-trailer that turns any bike into a family cargo vehicle in seconds. It carries up to 50kg, needs no tools, and works with almost any bike. Designed for school runs and grocery trips, Convoy lowers barriers to cycling, aiming to replace car trips. It launches soon under the UK’s Cycle to Work scheme, making clean transport easier and more accessible for families | ZAGDaily

A bipartisan push is growing to make bike safety a national priority. Rep. Jamie Raskin reintroduced the Langenkamp Act, which lets local governments use full federal funding for bike lanes without needing matching funds. With support from both parties, the bill empowers cities to bypass state roadblocks. Raskin calls current road deaths “intolerable” and urges citizens to pressure lawmakers to act, especially as federal support for bike projects faces political resistance | ZAGDaily

Ampler’s new Nova and Nova Pro e-bikes are the first to charge via USB-C, cutting recharge time to just three hours with a laptop charger. This eco-friendly upgrade supports Europe’s shift to universal ports and makes charging simpler while traveling. Available only in Europe, the bikes also double as modest power banks. Designed for daily use, they blend performance with practical design and are set to ship in June with full local service support | The Verge

Product Launches & Updates

Cadillac’s new Vistiq EV, a sleek three-row SUV, is already on sale ahead of its expected spring launch. Priced from $77,395, it targets buyers eyeing rivals like the Rivian R1S and Kia EV9. With tax credit uncertainty and Tesla trade-ins on the rise, Cadillac seems eager to capture the moment. The early release suggests a strategic push to stay competitive in the fast-moving electric SUV market | The Verge

Hyundai will debut its new IONIQ 9 electric SUV at Everything Electric London from April 16–18, 2025. With up to 385 miles of range, the IONIQ 9 offers multiple motor configurations and includes digital features like video streaming and Wi-Fi. Visitors can also test drive other Hyundai EVs, including the KONA and IONIQ 5. The launch highlights Hyundai’s push to offer more personalized, tech-driven experiences in the growing EV market | Future Transport News

Hyundai’s Insteroid is a bold EV concept that turns the compact Insteroid into a gaming-inspired street racer. With a wide body, large spoiler, and bucket seats, it blends playful design with futuristic flair. Created by Hyundai’s European team, it also features in a browser-based video game. While not for sale, Insteroid aims to boost interest in the Inster, launching as the Casper Electric in Korea, Europe, and Asia starting under $26,000 | The Verge

Ride1Up has launched the Vorsa, a feature-packed urban e-bike priced at $1,595. It offers a powerful 750W motor, 720Wh Samsung battery, and a choice between torque and cadence sensors for flexible pedal assist. Key additions include Apple FindMy tracking, a color display, and 100mm suspension. With strong performance, thoughtful design, and tech features, the Vorsa stands out as an affordable yet high-value option for everyday city riders | Electrek

Kia has revealed two PV5 Spielraum electric van concepts, designed for travel and camping. The Studio model offers a smart workspace with AI-powered LG appliances, while the Glow cabin features a fridge, microwave, and wine cellar for camping comfort. With a 249-mile range and 30-minute fast charging, the PV5 blends function and fun. Production is set for 2026, offering flexible options for both work and leisure on the road | Electrek

Ridehailing, Carsharing & Delivery

Uber and OpenTable have announced a global partnership to combine ride-hailing, food delivery, and dining reservations across six countries. The integration will allow users to book tables, order food, and arrange rides through connected apps. The goal is to simplify dining out while boosting restaurant visibility and revenue. The partnership highlights growing collaboration in the mobility and hospitality sectors, aiming to improve convenience for users and business outcomes for partners | Uber Investor

Drivers for Uber, Lyft, and DoorDash are being deactivated without clear reasons, leaving many in a financial crisis. Some, like Steve McDougall and Amie Campbell, lost key income with little explanation or recourse. Though some were later reinstated, appeals can take weeks or months. These cases highlight the risks of relying on gig work and have sparked calls for stronger protections and clearer rules in the ride hailing and delivery industry | The New York Times

Matthew Iommi, 28, is the CEO of Fetii, a group ride-sharing platform backed by Mark Cuban and active in 68 U.S. cities. Leading over 200 drivers and 300 brand ambassadors, Iommi credits his success to youthful perspective, customer focus, and a relentless drive to scale and innovate. | BizJournals

Cachet’s automated parking solution is helping car-sharing operators overcome parking challenges that hinder growth. By automating billing and parking session management, it streamlines operations and reduces costs. The system integrates with parking providers, eliminating manual work and ensuring a seamless experience for users. With car-sharing demand growing, this innovation supports scalability and efficiency, paving the way for smarter, more connected urban mobility. This approach could extend to other sectors like micromobility in the future | ZAGDaily

EHang has secured China’s first Air Operator Certificates for pilotless electric air taxis, allowing commercial operations of its EH216-S aircraft in Guangzhou and Hefei. This marks the beginning of China’s low-altitude human-carrying flight era, with initial flights targeting tourism. EHang’s success in gaining full regulatory approval positions it as a leader in autonomous aerial mobility, paving the way for wider adoption and commercial expansion across China’s urban mobility landscape | ZAGDaily

Uber and WeRide have partnered with Dubai's Road and Transport Authority (RTA) to introduce autonomous vehicles (AVs) in the city. This collaboration supports Dubai’s goal to make 25% of trips autonomous by 2030. The pilot program will match riders with AVs and focus on safety, data, and regulatory frameworks. WeRide, the first to secure the UAE’s national AV license, aims to expand its services in Dubai following a successful launch in Abu Dhabi | Yahoo finance

Investment & Deals

Harbinger, an electric truck maker, has objected to the sale of Canoo’s assets to Canoo CEO Anthony Aquila in a bankruptcy case. Harbinger claims Canoo hid assets and unfairly favored Aquila in the sale process. This move follows a contentious relationship between the two companies, with Harbinger accusing former Canoo employees of stealing trade secrets. The outcome could affect Harbinger's potential settlement with Canoo | TechCrunch

Blubrake, an Italian e-bike startup, has raised €12 million to scale production of its Anti-lock Braking System (ABS) for light electric vehicles. The investment, led by Fundracer BV, Algebris Cimatech, and Tri-Star Group, aims to enhance braking performance and rider safety. Blubrake’s third-generation ABS is smaller, lighter, and more cost-effective, addressing key safety concerns and supporting mass e-bike adoption. The funding will help expand operations and meet rising demand | ZAGDaily

Today, an Irish mobility startup, has acquired B2B e-cargo bike subscription company Dockr after securing €4 million in funding. The acquisition will expand Today’s subscription service, adding approximately 1,000 e-cargo bikes to its fleet. The investment, led by BDO Davy and supported by Enterprise Ireland, will fuel expansion across Europe and enhance Today’s electric vehicle offerings. The company also plans to set up local assembly operations in Donegal and pursue further acquisitions | ZAGDaily

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The first-ever Ride AI Summit is heading to NeueHouse Hollywood on April 2nd in Los Angeles! 🚗🤖 It's an exclusive one-day event bringing together CEOs and leaders in transportation, technology, and innovation for a day of actionable insights, candid interviews, and intimate networking. 🎤💡

Get $100 off your ticket with our discounted ticket link here 🎟️. Don’t miss out!

Micromobility

As traditional bike shops close, a new DIY trend is taking off on social media. In Chicago, Chucky Berls turned his Instagram hobby into Marygold Cyclery, building custom bikes from retro frames. Using online sales, visual branding, and local networks, he’s completed over 40 rebuilds. This social-driven model is spreading to other cities, showing how micromobility can thrive through creativity, community, and digital platforms—even as retail bike shops struggle | StreetsBlog Chicago

Tiny Japanese kei trucks are gaining fans in US cities for being cheap, fuel-efficient, and easy to park—perfect for dense urban areas. But regulators in several states have pushed back, citing safety concerns. Enthusiasts argue these lightweight vehicles are safer for others on the road and fight bans through lawsuits and legislation. The clash highlights a deeper issue: bulky American trucks may protect drivers but pose bigger risks to everyone else | Bloomberg

Bike New York is planning a targeted e-bike subsidy program to reduce car use in NYC’s outer boroughs. Unlike past programs, it will focus on areas with poor transit and high car dependency, like Southeast Queens. Backed by a state grant, the goal is to replace short car trips and support families who truly need the help. The initiative aims to boost clean, affordable transportation while avoiding subsidies for wealthier households | StreetsBlog NYC

Starting March 31, Transport for London will ban all non-folding e-bikes from the Tube, Overground, and other services due to fire risks from modified bikes. Though aimed at unsafe DIY kits, the rule also affects purpose-built models for easier enforcement. Folding e-bikes are still allowed. With e-bike fires now happening nearly every other day, officials say the move is needed until stronger safety rules for batteries and kits are in place | The Verge

Product Launches & Updates

Nissan is bringing back the Leaf as a compact SUV with a modern design, improved range, and a Tesla-compatible charging port. Set to arrive in North America in 2026, it’s built on the CMF-EV platform and features a panoramic roof and 19-inch wheels. This marks a major update from its hatchback past, offering better performance and charging. Nissan hopes the bold redesign will revive its EV presence and attract new buyers | The Verge

Hyundai has started producing its first three-row electric SUV, the IONIQ 9, at its new $7.6 billion EV plant in Georgia. The SUV offers up to 335 miles of range, a Tesla-compatible charging port, and a spacious interior with more cargo space than Kia’s EV9. Launching this spring, the IONIQ 9 marks a key step in Hyundai’s U.S. electric expansion, with the plant expected to create 40,000 jobs through related investments | Electrek

Cadillac has launched two new electric SUVs—the youthful Optiq and the luxurious Escalade IQ. The Optiq offers sporty handling, 302 miles of range, and a 33-inch display with Dolby Atmos sound. The Escalade IQ delivers 460 miles of range, 700 hp, and a 55-inch screen setup. Both come with SuperCruise, advanced safety features, and upscale interiors. Prices start at $55,615 for the Optiq and nearly $130,000 for the Escalade IQ | TechCrunch

Ridehailing, Carsharing & Delivery

Waymo’s self-driving taxis received over 600 tickets in San Francisco last year, totaling $65,065 in fines. Most were for parking violations and blocking traffic. Waymo says it pays all fines and is improving its system to avoid future issues. Despite the setbacks, the company now provides 200,000 paid rides weekly. As the leading U.S. robotaxi operator, Waymo aims to refine its tech while maintaining a strong presence in the autonomous ride market.

Waymo is preparing to launch "Waymo Teen," allowing teens aged 14–17 to ride alone with guardian approval. The program emphasizes safety by removing human drivers and offering consistent, monitored rides. Unlike Uber Teen, which faces safety concerns and regulatory hurdles, Waymo’s driverless model may offer greater peace of mind. This move could reshape family travel habits and strengthen Waymo’s position in the ridehailing market, especially among Gen Alpha users | The Driverless Digest

Uber has launched a $10 shuttle service to JFK Airport from Manhattan and Brooklyn, running every 30 minutes. The fare will rise to $25 after April 30. Riders can book up to four seats and avoid surge pricing. With soaring airport ride costs, this shared option offers a cheaper alternative. By bundling trips, Uber aims to ease travel expenses while expanding its regulated shuttle network in major cities | The Verge

Investment & Deals

Bolt has acquired Danish ride-hailing company Viggo, marking its first acquisition and expanding operations into Denmark. Viggo’s 300 all-electric vehicles and 450,000 users in Copenhagen and Aarhus will now join Bolt’s platform. This move complements Bolt’s existing 1,600 e-bikes in the country. Though the deal amount wasn't disclosed, it strengthens Bolt’s multimodal offering and supports its goal to reduce car use and provide greener transport options in urban areas | ZAGDaily

Hyundai Motor Group has announced a $21 billion investment in the U.S. with President Donald Trump. This includes a $5.8 billion steel plant in Louisiana, creating 1,400 jobs, and $9 billion to boost U.S. vehicle production to 1.2 million units by 2028. Additionally, $6 billion will support partnerships in autonomous driving and robotics. Hyundai's move aligns with Trump's tariff policies and the company's strategy to expand in the U.S. market | Reuters

Rivian has spun out a new micromobility startup called Also, backed by $105 million from Eclipse Ventures. Also will build affordable, Rivian-quality small electric vehicles, starting with a bike-like model launching next year in the U.S. and Europe. The company will operate independently but benefit from Rivian’s technology and resources. With plans for global expansion, Also aims to meet urban mobility needs for both consumers and commercial use in dense city environments | TechCrunch

Cities & Policy

New York Governor Kathy Hochul is urging the federal government to increase funding for the MTA, which needs over $68 billion. She argues the MTA carries 43% of U.S. transit riders but gets only 17% of federal funds. Backed by MTA Chair Janno Lieber, Hochul seeks $1–2 billion annually to help finance the plan. Eclipse Ventures is not involved; instead, new state and local taxes are being considered to close the funding gap | CBS News

President Trump’s new 25% auto tariffs give Tesla a key advantage, as it builds all U.S.-bound vehicles domestically. While Tesla will face added costs on imported parts, it’s better positioned than rivals like Ford and GM, which make many EVs in Mexico. The tariffs could raise competitors’ prices, boosting Tesla’s market edge—especially ahead of its upcoming low-cost EV. This shift could help Tesla recover from recent sales declines and controversy | TechCrunch

Canada removed Tesla from its EV rebate program after the automaker filed $43 million in claims over one weekend, raising suspicions of misuse. Officials are investigating the unusually high volume and have halted payments. This follows earlier criticism of Tesla’s compliance tactics and rising political tension. The move signals a policy shift: governments may act decisively against companies exploiting public funds, especially amid strained international relations and questionable corporate behavior | InsideEVs

If you liked this post from Movements, why not share it? Forward it to a friend and we'll send you some sweet karma!

🚗✨ The annual Curbivore conference is coming to Downtown LA on April 11th! An event that brings together leaders in new mobility, last-mile delivery, and curbside innovation, and this year’s speaker lineup is stacked with industry heavyweights and leaders shaping the future of transportation and commerce.

Movements readers get an exclusive 50% off on their early bird tickets🎉 Don’t miss out—grab your discounted tickets here 🎟️ (Also, public sector employees are free!)

Micromobility

Urban Sharing, led by CRO Tom Nutley, launched Urban Crew 2.0–2.2 within six months to centralize shared micromobility operations. The platform integrates SLA compliance, area-based analytics, asset-level history, field-team messaging, customizable dashboards, playlist views, over-compliance tracking, and a redesigned optimization algorithm debuting in March after internal testing | ZAGDaily

The X Games, facing pressure from gas-powered motocross riders, quietly banned superior electric motorcycles like the Stark Varg from 2025 competition to preserve format parity. Justified as leveling the field, the move drew criticism from RideApart and journalist Jonathan Klein, who mocked it as capitulation to legacy athlete insecurity | Electrek

Upway opened its LA UpCenter in Redondo Beach, extending U.S. operations coast-to-coast. California, its top market with 150% sales growth, offers key partners like Aventon and Super73, supports e-Bike vouchers, and hosts the 2028 Olympics. The center enables faster refurbishing, 40–60% discounts, local jobs, and trade-ins via 500+ retailers | Upway

Product Launches & Updates

KG Mobility (not Hyundai or Kia) launched Korea’s first electric pickup, the Musso EV, on March 5. Over 3,200 units were ordered in two weeks; the Special Edition sold out in 90 minutes. With SUV-like comfort, V2L, 250-mile range, fast-charging, towing, and Android Auto, it rivals Ford, Rivian, and Tesla | Electrek

BYD’s Seagull, a compact EV dubbed “Mini Lamborghini” and sold as the Dolphin Mini abroad, launches in Europe as the Dolphin Surf with added safety tech. Starting under £20,000, it rivals Citroën’s e-C3 and Dacia Spring. Designed by Wolfgang Egger, it features DiLink, “Gods Eye,” and CLTC-rated 305–405 km range | Electrek

General Motors is launching right-hand-drive Cadillac EVs—LYRIQ, LYRIQ-V, OPTIQ, VISTIQ—in Japan by 2026, leveraging its advanced EV battery system and CHAdeMO compatibility. Following EV debuts in Europe and Oceania, and strongholds in Asia and the Middle East, Cadillac adds an agent-based sales model and 37 national service points to support expansion | Electric Cars Report

Velotric just launched the Breeze 1, a $1,799 e-bike that combines cruiser comfort with commuter performance. It features a 750W motor (up to 28 mph), 643Wh battery (up to 75 miles), UL certification, Apple FindMy, torque or cadence sensors, hydraulic brakes, and fits riders 4’11–6’4″ | Electrek

Ridehailing, Carsharing & Delivery

Tesla secured a TCP ride-hail permit from California’s CPUC, allowing it to shuttle employees in Tesla vehicles on a pre-arranged basis, with public service requiring prior notice. Distinct from Uber and Lyft’s TNC model, Tesla isn’t in CPUC’s autonomous program nor permitted by the DMV for driverless testing. Elon Musk claims internal Bay Area tests with safety drivers and plans Texas trials. Critics remain skeptical of Tesla’s camera-only autonomy approach, lacking radar or lidar | The Verge

Waymo, after a 2023 denial, secured a temporary SFO permit—effective March 14, announced by Mayor Daniel Lurie—to manually map airport roads. Vehicles, tracked under a data interface agreement, can’t yet operate autonomously or deliver goods. Director Mike Nakornkhet, Peter Finn, and spokesperson Doug Yakel shaped this phased rollout framework | TechCrunch

Wonder, led by Marc Lore and COO Tony Hoggett (ex-Tesco, Amazon), is scaling 38 restaurants (55 more coming), 25 concepts, and vertically integrated logistics via acquisitions of Grubhub (Howard Migdal), Blue Apron, and Relay. With execs from Walmart (Whitney), Wayfair (Courtney), and Relay (Jay), Wonder targets “super app” mealtime dominance | The curbivore

Investment & Deals

Batterytech startup PULSETRAIN, founded by Leopold König, Thomas Plaschko, and Niclas Lehnert, raised €6.1M from Vsquared Ventures, Planet A, and Climate Club to industrialize its AI-powered “In-Battery” system. By fusing BMS, inverter, and charger, it extends EV battery life by 80%, cuts weight, boosts efficiency, and targets two-wheelers, fleets, and grid integration | Tech.eu

Evera, a French EV subscription startup co-founded by Dorian Jorry and Quentin Fabre, raised €2M from Groupe Magellim, Newfund NAEH Innopy, MCapital, AstoryaVC, and Eric Ibled. Offering Copilot software and full-service leasing for businesses, Evera targets fleet electrification as 45% remain EV-free. Board member: ex-Transport Minister Jean-Baptiste Djebbar | Tech.eu

Leta, a Nairobi-based logistics software startup founded by Nick Joshi, has raised $5M from Speedinvest, Google’s Africa Investment Fund, and Equator. Its AI-powered platform now handles over 10,000 daily deliveries for clients like KFC, Diageo, EABL, and Gilani. A $3M pre-seed in 2022 funded growth across five African countries. | TechCrunch

Laka, the e-bike insurer with a pay-after-claims model, acquired Allianz Direct’s Luko e-scooter business—20,000 French customers, Wakam contract, and all—marking its third deal in 18 months after Cylantro and CoverCloud. Now covering e-scooters, hoverboards, gyropodes, monocycles, and ultralight variants, Laka eyes Europe-wide micromobility dominance alongside partners like Decathlon | ZAGDaily

Cities & Policy

At Lime’s Tottenham depot—Europe’s largest—VP Andrew Savage and Ops Manager Imaan Williams oversee e-bike repairs powered by data, solar panels, and swappable batteries | ZAGDaily

The Trump administration, via Secretary Sean Duffy, gave New York 30 days to end congestion pricing, threatening MTA funding. Governor Hochul, CEO Janno Lieber, and spokesperson Avi Small refused, citing ongoing litigation | Bloomberg

Oil and gas executives—despite spending $75 million to elect Trump—met him Wednesday at the White House, urging deregulation and faster energy permits amid frustration over tariffs raising steel pipe costs and weakening demand | The New York Times

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Micromobility

Stellantis has partnered with Swedish startup Luvly AB to explore its lightweight, flatpack electric vehicle technology. The Luvly O, weighing under 450 kg, consumes 80% less energy than standard EVs and features a swappable battery system. CEO Håkan Lutz calls it “a fully viable alternative to cars.” If Stellantis adopts the design, it could reshape urban transport | ZAGDaily

CoMoUK is launching a year-long study to improve micromobility access for disabled people. Funded by the Motability Foundation, the project tackles low confidence, app accessibility, and service awareness. Chief Executive Richard Dilks said the goal is to “overcome barriers to participation.” The study will test outreach programs, confidence-building sessions, and first-time booking support, with hopes of a national rollout | ZAGDaily

New York’s congestion pricing is reshaping city streets, making biking safer and more enjoyable. With fewer cars, cyclists experience less stress and more space. Similar policies in Amsterdam, Copenhagen, Paris, and Oslo have led to thriving bike cultures. Experts say reducing car dependency is key to transforming urban mobility. If trends continue, New York could follow suit, prioritizing bikes over cars and creating a more cyclist-friendly city | WIRED

Clip has launched Bolt, a $250 e-bike conversion kit to make clean mobility more affordable. Targeting low-to-moderate income communities, Bolt offers a $100 option with a $5 battery subscription in emerging markets. It installs easily on any bike, providing 15 mph assistance. Made in a zero-emissions factory, it requires 50 times fewer resources than e-bikes. Clip plans community programs in New York, India, and beyond | ZAGDaily

Rad Power Bikes CEO Phil Molyneux has stepped down amid a strategic shift toward physical retail. CFO Stephanie Roberts will serve as interim CEO. The company, which recently faced layoffs, says the move aims to better support riders. The shake-up reflects broader struggles in the e-bike industry, with brands like Cake and VanMoof undergoing bankruptcy restructurings. Rad Power remains focused on adapting to market changes | TechCruch

Product Launches & Updates

Mercedes has unveiled the electric CLA, a sleek, ultra-efficient sedan with a 492-mile range. Built on an 800V system, it charges over 200 miles in 10 minutes. It features a new illuminated grille, a spacious interior, and AI-powered infotainment with Google and Microsoft integration. With a 0.21 drag coefficient and advanced battery tech, the CLA challenges Tesla’s Model 3, offering luxury, performance, and smart connectivity | Electrek

Porsche will debut the electric Cayenne SUV in the U.S. later this year, following strong demand for its electric Macan. CEO Oliver Blume said U.S. orders show growing interest in EVs. The launch comes as Porsche faces potential U.S. import tariffs and declining sales in China. Despite challenges, the company is investing in model, software, and battery upgrades to strengthen its position in the luxury EV market | Bloomberg

Saroléa has launched the LE60, a high-performance e-bike blending heritage with modern tech. Weighing just 26 kg, it features a carbon frame, dual motors delivering 1,200W power, and a 130 km range. The integrated cockpit offers GPS, 4G, and app connectivity. Limited to 60 units, it costs €14,000. With luxury design elements and premium craftsmanship, the LE60 is aimed at cycling enthusiasts seeking innovation and exclusivity | The Pack

Toyota is launching the all-electric C-HR Plus and updating the bZ4X for Europe. The C-HR Plus offers up to 600 km of range with a 77 kWh battery, while the bZ4X now features improved range, power, and faster charging. Both use Toyota’s e-TNGA platform. The updated bZ4X adds battery pre-conditioning for better cold-weather charging. Both models will be available in Europe in the second half of 2025 | The Verge

Ridehailing, Carsharing & Delivery

Amtrak’s updated app makes train travel easier with real-time status updates, quicker eTicket access, and in-app seat selection for assigned seating routes. A redesigned home screen separates tickets from promotions, and a new My Trips tab simplifies trip management. Users can now modify bookings while keeping the best fares. The update aims to improve convenience and encourage more travelers to choose trains over cars and planes. Available now on iOS and Android | The Verge

Waymo has launched 24/7 robotaxi rides in Silicon Valley, expanding access to select customers across a 27-square-mile area, including Mountain View and Palo Alto. The service, previously limited to employees, will gradually open to more riders. This move follows Waymo’s partnership with Uber in Austin and upcoming expansion to Atlanta. By returning to its roots, Waymo aims to provide safer, more sustainable transportation in the region where it first developed self-driving technology | The Verge

Former Uber CEO Travis Kalanick criticized the company’s decision to abandon self-driving cars, saying at the Abundance Summit that Uber was close to surpassing Waymo. Uber sold its autonomous unit in 2020 to cut losses, but Waymo’s expansion now highlights the missed opportunity. While Uber partners with Waymo in Austin, future reliance on third-party technology could leave the company vulnerable if self-driving services no longer need a platform like Uber | TechCrunch

Investment & Deals

Dance has secured €12 million in equity and debt funding, bringing its total raise to over €79 million. Investors include Elemental, Uli Schöberl, and Piotr Brzezinski, with debt financing from Smart Lenders Asset Management. The funds will support fleet expansion and service improvements across Paris, Berlin, Hamburg, and Munich. With over 10,000 customers, Dance aims for full-year profitability in 2025, positioning itself as a leader in sustainable urban mobility | Tech.eu

Northvolt has filed for bankruptcy in Sweden after failing to secure sufficient financial support. The battery maker cited rising capital costs, supply chain disruptions, and market shifts as key challenges. Despite attracting investor interest, restructuring efforts were unsuccessful. A court-appointed trustee will oversee asset sales and settlements. Northvolt’s subsidiaries in Germany and North America are not affected. The company hopes to secure financing during the bankruptcy process to continue operations | Northvolt

Hyre, the largest car-sharing service in the Nordics, achieved profitability in 2024 with €34 million in revenue. The Norway-based company credits its in-house fleet management system and automation for reducing costs and improving efficiency. Hyre’s replacement car solution doubled its revenue, helping dealers manage rentals more effectively. With 4,000 corporate clients, Hyre plans to expand its business services in Sweden and Denmark, strengthening its position in flexible mobility solutions | ZAGDaily

Volkswagen has invested $300 million in Leitmotif, a new VC firm backing decarbonization startups. Leitmotif has already funded 20 companies, including EV, battery, and nuclear fusion startups, deploying one-third of its capital. The firm aims to bridge European industry with U.S. innovation while maintaining independence. With plans for future funds in robotics and AI, Leitmotif seeks to drive both financial returns and industrial innovation in sustainable technologies | TechCrunch

Wayve Technologies, backed by SoftBank, Nvidia, and Microsoft, is preparing to launch its AI-driven driver-assistance system with major automakers in the US and Germany. The UK-based startup’s adaptive AI learns driving behaviors with minimal data, reducing costs. Wayve has integrated its system into multiple vehicle models and partnered with Uber for future autonomous ride-hailing. The company aims for rapid expansion as competition in self-driving technology intensifies | Bloomberg

Nirvana, an AI-driven trucking insurance startup, raised $80 million in a Series C round led by General Catalyst, with participation from Lightspeed and Valor Equity. The funding values Nirvana at $830 million and will support new services for fleets and drivers. The company leverages telematics and AI to optimize pricing and claims processing. As tariffs impact trucking costs, Nirvana aims to provide cost-effective insurance solutions for the industry | TechCrunch

Cities & Policy

Estonia is urging the EU to delay or cancel its new carbon market for transportation and heating fuels, citing concerns over rising energy costs. Prime Minister Kristen Michal emphasized the need to explore alternative ways to cut emissions before implementing the program, set to launch in 2027. Estonia joins Poland, Slovakia, and the Czech Republic in opposing the plan, arguing it could burden households and businesses with higher fuel prices | Bloomberg

The Gotion battery factory in Michigan sparked intense opposition, with locals fearing environmental harm and Chinese influence. A “No Go” movement led to protests and the removal of officials who backed the project. While the factory promised jobs and economic growth, political tensions and nationalism stalled it. The case highlights the growing divide between U.S. economic goals and local resistance to globalization, complicating foreign investment in the country’s EV industry | Rest of the World

Tesla is facing increasing protests and violence, with vandalism, arson, and shootings targeting its dealerships and charging stations. The backlash stems from CEO Elon Musk’s role as a senior adviser in President Trump’s administration and his budget-cutting policies. Protests have erupted nationwide, with arrests in New York, Oregon, and Colorado. The opposition has also spread to Europe, with Tesla-related fires reported in Germany and France. Tesla has not commented on the incidents | The New York Times

The U.S. Department of Transportation has halted all discretionary grants for bike lanes and green infrastructure, citing Trump-era executive orders. The review aims to eliminate projects focused on climate, equity, and active transportation. Advocates warn this move threatens safety improvements and economic investments, with millions at risk in states like Arkansas and Mississippi. Critics argue it undermines locally developed projects and calls are growing for the administration to reverse course | StreetsBlog USA

New Products, Features, and Data Points

Rivian’s latest software update enhances driving with new features. Enhanced Highway Assist allows hands-free driving on compatible highways using an infrared camera. Rally Mode improves off-road performance for Dual-Motor vehicles. A $5,000 Performance Upgrade boosts power and adds new drive modes. Users can now change wheel settings for accurate range estimates. Other updates include Go Chime alerts, auto-tilting mirrors, remote chargeport control, and tire puncture detection for added safety and convenience | Rivian

Hugging Face and Yaak have expanded the LeRobot platform with Learning to Drive (L2D), a massive training dataset for self-driving AI. Collected from German driving schools, L2D includes sensor data to support end-to-end learning for autonomous navigation. Unlike existing datasets, L2D predicts driving actions directly from sensor inputs. Real-world testing begins this summer, with the AI community invited to contribute models for challenges like roundabouts and parking | TechCrunch

Breathe Battery Technologies has developed software that speeds up lithium-ion battery charging by 30% without reducing lifespan. The lightweight algorithm can run on older systems and be updated over the air. Volvo’s upcoming ES90 sedan will feature this technology, which is already used in some smartphones. By optimizing charging speeds while preventing overheating, Breathe’s innovation aims to improve battery performance across industries, offering a practical solution for faster, safer charging | The Verge

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Micromobility

Shared micromobility, like e-scooters and bikes, reduces congestion, cuts emissions, and promotes healthier cities. However, managing limited public space is key. Cities can prevent clutter by using designated parking zones, GPS tracking, and public-private collaboration. Stockholm sets an example with data-driven regulations. Funding remains a challenge, but dynamic pricing and partnerships can help. Future cooperation between cities and operators will improve safety, infrastructure, and integration with public transit | Cities Today

Bolt has partnered with Forest to integrate 15,000 e-bikes into its app, expanding shared mobility in 14 London boroughs. This move supports car-free transport, with over 70% of UK Bolt users not owning cars. Forest prioritizes sustainability, using 100% renewable energy. The partnership enhances accessibility, providing a flexible alternative for short trips and reducing emissions. This collaboration reflects a growing shift toward sustainable urban transport solutions | Future Transport News

Ontario’s new law could lead to the removal of key bike lanes in Toronto, but research shows their benefits outweigh concerns. Bike lanes enhance safety, reduce injuries, and improve traffic flow. They also boost local businesses and make streets more inclusive for women, children, and low-income cyclists. Studies show minimal delays for drivers, while removing lanes can worsen congestion. Keeping bike lanes ensures safer, more efficient, and equitable urban mobility | The Conversation

A lawsuit by over 40 Etobicoke business owners claims bike lanes on Bloor Street West hurt sales and worsen traffic. However, studies show bike lanes increase foot traffic and long-term spending. Research in Toronto and global cities confirms cyclists visit businesses more often, boosting revenue. While the city explores redesigns, the debate highlights the challenge of balancing business concerns with evidence-backed benefits of bike-friendly infrastructure | Momentum Magazine

Product Launches & Updates

Brompton’s G Line folding gravel bike has arrived in the U.S., offering adventure-ready 20-inch wheels and 2.1-inch tires for off-road riding. With a steel frame, hydraulic disc brakes, and an 8-speed Shimano Alfine hub, it combines portability with performance. The bike folds in 20 seconds and weighs as little as 30.6 lbs. Available in three sizes and colors for $3,300, it starts shipping this week, with an electric version coming soon | Bike Rumor

Volvo has unveiled the ES90, its first mass-produced electric sedan, featuring a sleek liftback design. Built on the SPA2 platform, it boasts an 800V battery for rapid charging—adding 186 miles in 10 minutes. With up to 670 hp, a 435-mile range, and advanced safety features, it’s Volvo’s most high-tech EV. A spacious cabin, Google-powered infotainment, and premium audio enhance the experience. Orders have begun in Europe, with wider availability expected | InsideEVs

Telo has unveiled the MT1, a compact electric truck designed for city use. With a modular design, it can transform from a pickup to a van. Safety testing is ongoing, and homologation is expected next winter. Co-founder Jason Marks is seeking investors, while industrial designer Yves Behar and battery expert Forrest North contribute to development. Reservations remain open for $152, matching the truck’s 152-inch length | The Verge

Xiaomi has launched the SU7 Ultra, a high-performance electric sedan with 1,526 hp, priced at $73,000. It accelerates from 0 to 62 mph in 1.98 seconds and features a 93.7 kWh CATL battery for 385 miles of range. Over 10,000 orders were placed within two hours. Deliveries begin in April, with Xiaomi targeting 300,000 EVs in 2025, marking a rapid expansion in the automotive market | Electrek

Cadillac has unveiled the Escalade IQL, the longest SUV ever made, extending the electric IQ model for more cargo and third-row space. At 228.5 inches, it surpasses its gas-powered counterpart and features a boxier design. It retains a 205 kWh battery with 460 miles of range and fast-charging capability. Priced at $132,695, production begins mid-2025, reinforcing Cadillac’s push into the luxury EV market | The Verge

Rivian and Ben & Jerry’s have unveiled the "Scoop Truck," an all-electric ice cream truck based on Rivian’s Commercial Van. Debuting at SXSW, it will later visit Rivian events and Ben & Jerry’s home state of Vermont. With a 161-mile range, it supports eco-friendly operations while serving ice cream. This partnership highlights both companies' commitment to sustainability, offering a fun and practical glimpse into the future of food trucks | Electrek

Ridehailing, Carsharing & Delivery

Uber Eats has partnered with FreshDirect to offer same-day and on-demand grocery delivery in New York City. This marks FreshDirect’s first integration with a third-party app, expanding access to its fresh produce, meats, and prepared meals. Customers can now order through Uber Eats for delivery in as little as an hour. The move strengthens Uber’s grocery delivery presence while enhancing convenience for FreshDirect shoppers | Uber Investor

EHang’s EH216-S pilotless air taxi completed its first urban flight in Europe over Benidorm, Spain, as part of the U-ELCOME project. The test, conducted under EASA regulations, aimed to advance urban air mobility by integrating autonomous aircraft into city airspaces. Experts see this as a key step toward air taxi regulations and infrastructure, positioning Benidorm as a hub for next-generation mobility | ZAGDaily

Hyundai is partnering with Avride, a Yandex spinoff, to develop fully autonomous ridehailing cars. Avride will deploy 100 driverless Hyundai Ioniq 5s this year, starting in Dallas through a deal with Uber. The vehicles will be built in Georgia and integrated with Avride’s technology. This move supports Avride’s expansion into robotaxis and delivery robots, positioning it as a key player in autonomous mobility | The Verge

Tesla has applied for a transportation permit in California, a key step toward launching a ride-hailing service. Unlike Uber and Lyft, Tesla would own its vehicles and use employees as drivers. However, it has not yet applied for autonomous ride-hailing approval. This move contrasts with Tesla’s focus on Texas, where it plans to launch a driverless robotaxi service in June using its upcoming "unsupervised" Full Self-Driving software | TechCrunch

Uber is expanding robotaxi integration, launching an exclusive Waymo service in Austin. Chief Product Officer Sachin Kansal, known for his hands-on approach, leads the effort to balance human drivers with autonomous vehicles. Uber will handle fleet operations, while Waymo manages vehicle testing and support. The initiative marks a shift in Uber’s AV strategy, moving from in-house development to partnerships, despite ongoing labor concerns and past controversies in autonomous technology | TechCrunch

Waymo is testing a “Scheduled Rides” feature in Los Angeles, San Francisco, and Phoenix, allowing users to book rides 10 to 60 minutes in advance. While this improves reliability for key trips like airport rides, it may lower vehicle utilization. Unlike Uber’s fluctuating scheduled ride system, Waymo’s premium model could justify higher pricing and loyalty perks. The feature aims to enhance user experience despite operational trade-offs | The Driverless Digest

Investment & Deals

The U.S. government is pressuring automakers to invest in domestic production by threatening tariffs of up to 25% on imports from Canada and Mexico. While the latest tariff threat is temporarily suspended, companies face mounting pressure to shift operations. Automakers rely on cross-border supply chains for cost efficiency, and forced changes could raise vehicle prices. Investments in U.S. manufacturing may increase, but at the risk of disrupting established trade networks | The New York Times

Volocopter has entered formal insolvency proceedings, putting nearly all 450 employees on paid leave while seeking new investors. Court-appointed administrator Tobias Wahl is leading efforts to secure funding and keep the VoloCity air taxi certification process on track. A recent commitment from Jet Systems Hélicoptères Services to buy two aircraft remains uncertain. The insolvency follows Lilium’s collapse, highlighting financial struggles and slow commercialization in the European eVTOL sector | ZAGDaily

Didi is seeking new funding for its autonomous driving unit, aiming for a $5 billion valuation. The unit has raised $1.55 billion so far, including $298 million in October 2024. Talks with investors, including a Beijing-based fund, are ongoing. The funds may support AV technology development and robotaxi production with GAC Aion, set for 2025. Investor interest follows recent IPOs from WeRide and Pony AI | TechCrunch

AiDEN Auto closed a $4.2 million oversubscribed seed round, bringing total funding to $6.1 million. Led by Nuri Venture Partners, the investment will help expand its privacy-first connected vehicle platform. AiDEN’s no-code framework enables automakers to scale in-vehicle services while ensuring data privacy. With strategic partnerships, including HERE Technologies, the company aims to transform how automakers leverage consumer data while maintaining transparency and trust | Aiden

BYD raised $5.6 billion in Hong Kong’s largest share sale in nearly four years, selling 129.8 million shares at HK$335.20 each. The funds will support overseas expansion, R&D, and factory construction amid rising tariffs on China-made EVs. BYD, China’s top-selling auto brand, saw a 161% sales surge last month and aims to reach 6 million vehicle sales this year, strengthening its global presence | Yahoo! Finance

Canoo CEO Anthony Aquila is buying the bankrupt EV startup’s assets for $4 million through his new entity, WHS Energy Solutions. The deal erases Canoo’s $11 million debt to Aquila’s financial firm and includes manufacturing equipment, intellectual property, and vehicles. The sale aims to maintain government contracts but excludes leases and other debts. Other buyers can submit higher bids before March 28, though the bankruptcy trustee favors Aquila’s offer | TechCrunch

CaPow raised $15 million in Series A funding, led by Toyota Ventures, to expand globally and scale production. The Israeli startup’s Power-In-Motion technology powers robotic fleets while in motion, eliminating charging downtime and reducing costs. Companies using CaPow report a 32% drop in ownership costs and a 45% boost in efficiency. The funding supports R&D and market expansion, positioning CaPow as a leader in industrial automation | PRNewswire

Cities & Policy

President Donald Trump granted automakers a one-month delay on new tariffs, urging them to shift production from Canada and Mexico to the U.S. by April 2. The 25% tariffs could raise car prices by up to $12,000, threatening demand. Automakers like Ford warn of potential industry disruptions. While some companies pledge U.S. investments, limited factory capacity complicates relocation, raising concerns over long-term economic impacts and supply chain stability | TechCrunch

Austin’s $7 billion light rail project is moving forward despite funding uncertainties. The 9.8-mile line will include 15 stations, a new downtown stop, and a bridge over Lady Bird Lake. While federal funding was briefly frozen, a court injunction has resumed payments. State-level opposition remains possible, but no legislative action has been taken. Public comments are open until March 11, with completion expected by 2033 | Smart Cities Dive

Massachusetts will install 100 bidirectional EV chargers in a first-of-its-kind pilot to enhance grid resilience and support renewable energy. The program, running until 2026, aims to add 1.5 MW of storage and will serve homes, businesses, and schools. Participants can use EVs for backup power and grid events. Insights from the project will guide future EV adoption, aligning with the state’s goal of 900,000 EVs by 2030 | Smart Cities Dive

A court ruling has paused Buffalo’s $1.5 billion Kensington Expressway project, requiring a deeper environmental review. Activists see this as a chance to push for full freeway removal, arguing it would be cheaper and more beneficial. Supporters, including state officials, worry about delays and funding uncertainty. The decision highlights growing debates over urban freeway projects and their impact on communities, with Buffalo now reconsidering its approach to reconnecting divided neighborhoods | Bloomberg

Flying remains extremely safe, but concerns over the FAA’s stability are growing. Recent crashes, layoffs, and outdated systems have shaken public confidence. Elon Musk’s push to integrate SpaceX’s Starlink into air traffic control has intensified tensions, with reports of interference in FAA operations. While data reassures that flying is still secure, experts warn that systemic issues must be addressed to maintain trust and prevent further disruptions in air travel safety | The Verge

New Products, Features, and Data Points

Volkswagen’s ID EVERY1, its most affordable EV at $21,500, will debut in 2027 with Rivian’s software and architecture. This follows a $5.8 billion joint venture aimed at cutting costs and accelerating EV development. The ID.2all, a pricier model, arrives in 2026. VW’s partnership with Rivian strengthens its competitive edge, while Rivian gains financial stability and business expansion. Both models focus on urban, front-wheel-drive electric mobility | TechCrunch

Kia’s EV9 will support bidirectional charging with the Wallbox Quasar 2, launching in June. This system lets owners use their SUV as a home power backup during blackouts. It also integrates with solar panels, enabling smart energy management and potential savings. Preorders are open for EV9 owners, but installation requires a 200-amp service and possible utility approval. This innovation enhances EV functionality and home energy resilience | The Verge

If you're into the car industry, Car Charts is a must-read. It's one of the top mobility newsletters, packed with charts and graphics that break down the latest in the car business. What really sets it apart is Glenn Mercer’s insightful commentary, backed by years of research in the automotive industry.

If you're looking for data-driven insights on the car industry, without the fluff, be sure to subscribe to Car Charts here.

This isn’t just another car blog — it’s a car industry blog.

I’ll let Glenn from Car Charts, take it from here...

One thing I love about the auto industry is how it thrives despite being in a seemingly permanent state of panic about the future. Just looking at past Armageddons that we somehow survived, I can list:

• “We’ll go bankrupt from the spending needed to meet Clean Air Act standards!”

• “The Japanese OEMs will sweep the board in America!”

• “No, sorry, it’s the Korean OEMs who will wipe us out!”

• “Let me try again, Chinese car companies will rule our market!”

• “Huizenga’s AutoNation and other public chains will destroy private dealers!”

• “Autobytel and other internet firms will disintermediate dealers!¹”

• “If we all live in cities we’ll never drive again!” (see the last post)

• &tc. Add your own existential threat to the list.

Another panic attack of recent years was about the impending Mobility Services Massacre. (We’ll focus on the ridehail portion of MS here: no scooters.)

Ridehail2 companies like Uber and Lyft came to market based on one number: 95%. Cars on average are parked 95% of the time, meaning they are being driven only about 5% of the time. If a car costs, say, $10,000 a year all in (fuel, depreciation, insurance), and 5% of a year is roughly 500 hours, then we’re “paying” $20 an hour to go places. If we all gave up our cars and used ridehail instead, one ridehail car might be able to serve 10 people (meaning, simplistically, it could be utilized 50% of the time), cutting the cost per hour to maybe $3. Add in a buck for the ridehail company’s other costs and profit, and we have a clear winner. What idiot would own a car at $20 an hour when he could “rent” one for $4?

Well, I guess we’re all idiots, because as far as we can see, in the USA at least, ridehail has had virtually no impact on personal ownership of cars, and thus no impact on sales of personally-owned cars. There are lots of reasons for this (contact me for some of the academic papers on the topic), including:

• “If I own the car it’s available all the time, when an Uber may not be.”

• “I don’t want to ride around in a car filled with someone else’s germs!”

• “There ain’t no Lyft service here in rural Iowa!”

• “I want to leave my stuff in the trunk.”

• “The unsubsidized rates have gone up and the service has gone down.”

• “I have a kid, you think I want to drag around a car seat for Ubers?”

• &tc.

How do we know that these reasons, and any other factors, are indeed causing ridehail to have minimal impact on car sales? Well, we don’t know directly: no one asks a car owner who sells his car to sign an affidavit stating “I did this because I intend to use ridehail from now on.” But the brilliant traffic-and-transit researcher Bruce Schaller3 uses an indirect approach to the question. He looks at household ownership of cars (cars-per-household) over time, in major American cities. (He looks at cities because this is where ridehail should flourish, if anywhere.) If, after a decade of ridehail’s existence (Uber launched in 2009, Lyft in 2012), Americans were giving up owning cars in favor of “sharing” them, we should see the cars-per-household number fall over time. But we don’t. Mr. Schaller used US Census data to establish the cars-per-household number in major American cities in 20064 and 2018, and I’ve updated the data to include more recent years (as well as stretching back to 2005). Here’s the result:

I’ve highlighted in red where ownership has dropped, and in green where it has grown. Even San Francisco, which is Ground Zero for mobility service innovation, has added cars5. But overall, there’s been no significant change. To put it bluntly:

After a decade of ridehail, it has had no impact on car ownership in America.

Mr. Schaller, being a civilized and qualified academic researcher (I am neither!) put this more diplomatically: “The evidence in these data certainly fails to support the proposition that ride-hail has produced lower levels of vehicle ownership. Rather, these trends tend to suggest that the influx of ride-hail and other new mobility options has not translated to lower vehicle ownership rates.”

And this is after Uber and Lyft have together cumulatively lost some $40 billion, spending much of that on holding prices below cost, in order to attract more users. But even after loss-leader pricing, it still has not gained traction against ownership.

Will ridehail impact vehicle ownership in the future? Maybe! Has it lowered vehicle ownership already, below what it otherwise would have been? Would LA be at 2.0 cars per household by now, without Uber and Lyft? Maybe. But overall, I vote for equilibrium not extrapolation: ridehail has entered America’s “portfolio” of mobility options, and now will coexist with personal car ownership, just like all the other mobility services. Rental cars (which have been around a while: Hertz was founded in 1918) are a mobility service, and sure, without rental cars we’d all own more of our own cars. Airlines are mobility services: yes, we’d drive more if we couldn’t fly everywhere. Same for bus, train, tram, even feet6. Ridehail doesn’t kill personal car ownership: it lives alongside it. Using our cars only 5% of the time may be irrational, but we seem fully wedded to the concept.

===

Next time around: Does the Commute no Longer Compute?

6

Yes, walking is a mobility service I guess: if we couldn’t walk, we’d drive more, I suppose. So I am launching a start-up: contact me to invest, minimum investment is $1 million:

🚗✨ The annual Curbivore conference is coming to Downtown LA on April 11th! It's the ultimate event that brings together leaders in new mobility, last-mile delivery, and curbside innovation. And guess what? Movements readers get an exclusive 50% off on their early bird tickets🎉 Don’t miss out—grab your discounted tickets here 🎟️ (Also, public sector employees are free!)

Micromobility

Beryl, a B-Corp, advances social value in shared transport through its Community Champions scheme, donating free Minute Bundles to charities. Faithworks Dorset aids addiction recovery, while Equal Lives Norfolk empowers disabled individuals and those in financial hardship. Brighton Half Marathon volunteers use Beryl bikes to support The Sussex Beacon’s HIV care efforts | ZAGDaily

Voi’s Q4 2024 net revenue rose 33% to €32.8 million, driving its first-ever annual positive Adjusted EBIT (€100,000) | ZAGDaily

Product Launches & Updates

Kia unveiled the EV4, PV5, and Concept EV2 at its March 27 EV Day in Tarragona, Spain | Forbes

SAIC-GM-Wuling’s new Hong Guang MINIEV Four-Door expands its 1.5 million-strong lineup with two rear doors, a longer wheelbase, and a four-seat design | Electric Car Reports

Jorvik Tricycles launched the JMT-16, its first hybrid model, after 10 years of development. Founded by James Walker to help his father with Parkinson’s, Jorvik now supplies tricycles globally. The JMT-16, a versatile, foldable e-trike with three-inch wheels, a 250W motor, and a 35-mile range, starts at £3,499 in four colors | ZAGDaily

Aventon’s new Level 3 e-bike upgrades commuting with the Aventon Control Unit (ACU), integrating geofencing, GPS tracking, remote locking, and passcode protection | Electrek

Ridehailing, Carsharing & Delivery

Waymo, Alphabet’s robotaxi unit, now logs 200,000 weekly paid rides, up from 10,000 two years ago and 100,000 in August. Operating in Los Angeles, San Francisco, and Phoenix, it plans to launch in Austin and Atlanta with Uber in 2025 and Miami in 2026. Its fleet drives over 1 million miles weekly, outpacing Zoox, as Cruise exits | TechCrunch

Avride, an Austin-based autonomous vehicle startup under Nebius Group, is launching sidewalk delivery bots in central Tokyo with Rakuten after completing Japan’s certification process | TechCrunch

Minnesota Democrats, led by Sen. Zaynab Mohamed, propose a bill modeled after Massachusetts’ law to let Uber and Lyft drivers unionize, requiring GOP support | Minnesota Reformer

Tesla applied for a California ride-hailing permit, abandoning its long-touted robotaxi vision for human-driven vehicles. Musk’s “unsupervised self-driving” claim for 2025 remains unfulfilled, with Austin prioritized over California. Unlike Waymo, Tesla lacks driverless approval. Full Self-Driving disengages every 500 miles—far from the 700,000-mile safety target Tesla admits it needs | Electrek

Investment & Deals

Maserati, facing a €260 million loss in 2024 after a €141 million profit in 2023, saw sales collapse from 26,600 to 11,300 as Stellantis, reeling from a 70% profit drop, wrote down €1.5 billion. Struggling in China and amid weak EV demand, it may cancel the MC20 Folgore. Porsche, Mercedes, and Audi are also reconsidering electrification | Forbes

Copenhagen’s Tracksights raised €1 million Pre-Seed from Maki Ventures to digitize automotive data. Co-founders Mark Lunding Pedersen and Magnus Wasteson, leveraging finance and Porsche Denmark experience, built a real-time valuation platform for dealerships, leasing firms, insurers, and banks. Launching March 2025, it expands from Nordics to Germany and Europe, integrating predictive analytics | Tech.eu

Polestar secured a $450 million 12-month loan and renewed its €480 million ($500,000) Green Trade Finance Facility with Citi, Nordea, and ING | Electrek

Gozem, a 2018 Togo-based ride-hailing startup, raised $30M in Series B—$15M equity, $15M debt—led by SAS Shipping (MSC Group) and Al Mada Ventures to scale vehicle financing and expand in Francophone Africa. Backed by IFC and global lenders, it finances 7,000+ vehicles and plans to raise $20M more | TechCrunch

After his unverified claims of imminent system failure, the FAA may cancel Verizon’s $2.4 billion air traffic control contract, favoring Musk’s Starlink. SpaceX staff, some with FAA emails, advised on modernization | The Verge

Electric Bike Company (EBC) merged with Integral Electrics, integrating its cargo e-bikes and trikes into EBC’s Newport Beach-based, highly customizable lineup. The deal follows EBC’s Pedego licensing agreement, expanding its dealer network to 400+ locations amid tariff and regulatory pressures | Electrek

Cities & Policy

After Trump’s executive orders defunding DEI, TRB canceled 14 projects, including Alex Karner’s $500,000 equity study, forcing compliance across transportation research | Bloomberg

EIT Urban Mobility’s Better Mobility report, with Point and Impact Hub Vienna, finds European transport excludes caregivers, 100M disabled people, and 90M elderly. It prescribes five fixes: seamless multimodal networks, urban redesign (Paris’ green spaces, Lisbon’s pavements), climate adaptation, inclusive design, and safety | ZAGDaily

Santa Barbara plans e-bike regulations amid public outcry over reckless riders, especially on Sur Ron and Talaria motorbikes, which exceed legal e-bike definitions | Electrek

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🚗✨ The annual Curbivore conference is coming to Downtown LA on April 11th! It's the ultimate event that brings together leaders in new mobility, last-mile delivery, and curbside innovation. And guess what? Movements readers get an exclusive 50% off on their early bird tickets🎉 Don’t miss out—grab your discounted tickets here 🎟️ (Also, public sector employees are free!)

Micromobility

Oslo has doubled its e-scooter fleet, with Segway supplying 67% of the shared vehicles. The city’s expansion aims to boost micromobility while improving safety and efficiency. Segway collaborates closely with operators like Voi and Ryde, refining vehicle durability and lowering costs. Their latest Apex D110L e-scooter enhances range and maintenance efficiency. This push supports Oslo’s goal of becoming emissions-free by 2030, making shared e-scooters a key urban transport solution | ZAGDaily

Upway is transforming the used e-bike market by refurbishing and reselling bikes at lower prices. Since 2021, it has expanded to eight countries, raised over $60 million, and sold 50,000 e-bikes. A new LA warehouse will boost U.S. inventory and cut delivery times. With trusted quality, competitive pricing, and strong demand, Upway aims to double in size by 2025, making e-bikes more accessible and reducing car trips | ZAGDaily

Cowboy has moved its e-bike assembly to France, partnering with ReCycles to improve production quality, reduce delivery times, and strengthen support. This shift addresses supply chain disruptions and ensures a steady stock without cash flow strain. The move also expands ReCycles’ role in high-tech e-bike production. With faster shipping and expanded service locations, Cowboy aims to meet growing demand while reinforcing its commitment to innovation and customer satisfaction across Europe | Tech.eu

Product Launches & Updates

Kia has unveiled the PV5, its first electric van built on the PBV platform, ahead of its full debut on February 24. The PV5 comes in Passenger and Cargo versions, featuring a futuristic design, large windows, and modular flexibility. Aimed at competing with the Volkswagen ID.Buzz and Ford E-Transit, it promises spacious interiors and advanced usability. Kia will reveal more details, including powertrain specs, at its EV Day event | Electrek

Rivian has unveiled the California Dune edition for its R1T and R1S EVs, designed for off-road adventures. Featuring 20-inch All-Terrain wheels, a protective underbody shield, and a desert-inspired paint color, it enhances durability and style. The tri-motor powertrain delivers 850 horsepower and 329 miles of range. Prices start at $99,900. Rivian will reveal more details during its upcoming earnings report | The Verge

Ridehailing, Carsharing & Delivery

Serve Robotics is launching sidewalk delivery robots in Miami, partnering with Uber Eats to serve Shake Shack and Mister O1 Extraordinary Pizza. This marks Serve’s first East Coast expansion, testing its ability to scale in new urban settings. The company, which plans to deploy 2,000 robots, says the move could ease traffic and reduce emissions. The launch follows previous robotic delivery efforts in Los Angeles and Miami’s existing partnerships | Smart Cities Dive

Uber has sued DoorDash, accusing it of pressuring restaurants into exclusive deals and limiting competition in food delivery. The lawsuit alleges DoorDash threatens businesses with penalties or reduced visibility if they work with Uber Direct. DoorDash denies the claims, calling them baseless. Uber seeks a jury trial, arguing these tactics have cost it millions and restricted market choice. The case could impact competition in the U.S. delivery industry | TechCrunch

Uber is shifting to a daily fee model for auto-rickshaw drivers in India, replacing its commission-based system. Drivers will pay $0.23–$0.46 per day, while riders must pay fares directly. The change aligns Uber with rivals Rapido and Namma Yatri, which already use subscription models. Though limited to auto-rickshaws, this move reflects Uber’s ongoing adaptations to India’s competitive market, where fare negotiations and cash payments may become more common | TechCrunch

Waymo is exploring a membership program to offer perks like priority pickups and discounts, aiming to improve rider loyalty and address long wait times. A recent survey sought user feedback on potential benefits, similar to Uber and Lyft’s programs. While Waymo lacks a delivery partner like Uber One, the program could help manage demand spikes and retain customers as the company expands its robotaxi service | The Driverless Digest

Investment & Deals

Spirit Airlines will exit bankruptcy through a lender-backed deal, rejecting Frontier’s takeover offer. The plan hands control to top bondholders, including Citadel Advisors and Pacific Investment Management. The restructuring cuts $795 million in debt and includes a $350 million equity injection. Spirit aims to enhance its offerings with premium options. The deal secures financial stability, positioning the airline for future growth in the competitive budget travel market | Bloomberg

Nikola, the bankrupt electric trucking startup, aims to sell its entire business by April. The company has at least three interested buyers and is seeking more bids by late March. If a full sale fails, it will sell assets to cover over $1 billion in liabilities. With only $47 million in cash, Nikola is pushing for a quick sale to maximize creditor recovery and stabilize its financial situation | TechCrunch

Rivian secured a $5.8 billion EV joint venture with Volkswagen, expecting $3.5 billion over the next few years. The funds will support Rivian’s R2 electric SUV launch and manufacturing expansion in Georgia. With $9 billion in liquidity, Rivian aims for profitability through cost reductions and increased efficiency. The partnership strengthens its market position, providing capital for future growth and scaling production | Electrek

Karman+ has secured $20 million in seed funding to develop autonomous spacecraft for asteroid mining. Investors include Plural, Hummingbird, HCVC, and Kevin Mahaffey. The startup aims to extract water and rare materials from asteroids to refuel satellites and support space manufacturing. With missions projected at $10 million, significantly lower than past billion-dollar efforts, Karman+ plans its first launch in 2027, marking a step toward cost-effective space resource utilization | TechCrunch

Fetii has raised $7.35 million in seed funding led by Mark Cuban’s Radical Investments, with support from Y Combinator and Goodwater Capital. The Austin-based rideshare platform partners with fleet operators to provide group transportation via 15-passenger vans. With operations in 68 U.S. cities and 1.5 million passengers transported in 2024, Fetii plans to explore AI, autonomous vehicles, and EV integration while expanding its media presence and strategic partnerships | Forbes

Milence has secured €111 million in EU funding to expand its charging network for heavy-duty electric vehicles. As part of the €422 million Alternative Fuels Infrastructure Facility, the project will deploy 548 charging points across 10 EU countries by 2027. Milence aims to accelerate sustainable trucking, enhance logistics efficiency, and support the European Green Deal’s 2050 climate goals with smart grid integration and renewable energy solutions | Electric Car Reports

FLIT has raised £1.2 million from ACF Investors, Cambridge Angels, and Tony Purnell to accelerate production of its lightweight folding e-bike, the FLIT M2. Using aerospace-grade adhesive bonding, FLIT reduces weight and enhances durability. The funding supports scaling production and expanding urban mobility solutions. With a 50km range and compact design, the M2 aims to make city commuting more efficient and accessible for UK riders | Tech.eu

Cities & Policy

The Trump administration has launched a review of California’s high-speed rail project, citing cost overruns and delays. Initially estimated at $33 billion, the project now faces costs up to $128 billion, with only 119 miles under construction. Secretary of Transportation Sean Duffy questioned continued taxpayer funding, while California Democrats defended the rail’s importance. The review could impact the project’s future, as political shifts continue to shape its fate | Bloomberg

Denver is taking full responsibility for sidewalk upkeep, making it the largest US city to do so. Previously, property owners handled repairs, leading to neglect, especially in lower-income areas. A new ordinance shifts maintenance to the city, funded by annual fees, aiming to fix 1,000 miles in a decade. Advocates say this move improves safety and equity. If successful, Denver’s model could inspire other cities to follow suit | Bloomberg

Rivian warns that policy changes under the Trump administration could impact its growth despite recent profitability gains. The company plans to deliver up to 51,000 EVs in 2025 but faces risks from potential cuts to EV tax credits and tariffs. Rivian continues cost-cutting, including layoffs and streamlined production, while boosting software revenue through a Volkswagen partnership. It also introduced an AI assistant to enhance customer service and reduce costs | TechCrunch

Trump’s administration has revoked approval for Manhattan’s congestion pricing, sparking a legal battle. Governor Kathy Hochul vowed to keep the tolls, arguing they reduce traffic and fund transit. MTA officials highlight early success, with fewer cars and faster bus speeds. The federal move threatens years of planning and billions in improvements. Advocates pledge to fight, as courts will now decide congestion pricing’s fate in New York | The City

Many U.S. cities face a critical shortage of public restrooms, impacting accessibility and public health. Throne Co-founder Jessica Heinzelman discussed this issue on the Urbanistica Podcast, highlighting how smart technology and data-driven solutions can improve restroom maintenance and availability. She emphasized the economic benefits for municipalities and the need for inclusive urban planning. Addressing this overlooked challenge could create more livable and equitable cities | Throne Labs via LinkedIn

The FAA is turning to SpaceX to help modernize air traffic control following a deadly crash in Washington, DC. The move comes amid mass layoffs of FAA workers, raising concerns over staffing shortages. Critics highlight Elon Musk’s conflict of interest, given his role in government and SpaceX’s federal contracts. The overhaul aims to improve safety, but experts warn it could strain an already overburdened system | The Verge

Senate Republicans introduced two bills that could make EVs more expensive. One, led by Sen. John Barrasso, aims to eliminate federal EV tax credits, while another, from Sen. Deb Fischer, proposes a $1,000 fee on new EV purchases. Supporters argue EV owners should contribute to road maintenance, but critics see it as a setback for clean energy adoption. If passed, these measures could slow EV growth in the U.S | The Verge

New Products, Features, and Data Points

Volvo’s new ES90 sedan will feature Nvidia’s Drive AGX Orin supercomputer, enabling advanced AI-driven safety features and efficient battery management. Built on Volvo’s Superset tech stack, it supports continuous over-the-air updates for long-term improvements. With processing speeds of 508 trillion operations per second, the ES90 marks Volvo’s shift toward smarter, safer vehicles. Volvo aims to enhance driving experience through deep learning and modular engineering advancements | The Verge

Stellantis announced STLA AutoDrive, its first “hands free, eyes off” Level 3+ driving system, allowing drivers to read or watch movies in slow traffic. The system, which works in low-light and bad weather, is ready but won’t launch yet due to market and regulatory hurdles. Stellantis joins other automakers in pursuing partial automation, focusing on convenience rather than full autonomy, with plans to expand functionality as technology advances | The Verge

Tesla will test virtual queues at select Supercharger stations to ease conflicts over charging spots. The system aims to improve customer experience and reduce "EV charging rage," which has led to altercations and even a fatal incident. If the pilot succeeds, a broader rollout will follow this year. Tesla continues expanding its network but hasn’t confirmed if non-Tesla EVs will have access to the queue system initially | TechCrunch

The 2025 Hyundai Ioniq 5 integrates Tesla’s NACS charging port but faces compatibility issues at some Supercharger stations due to cord length. Hyundai suggests using CCS chargers with an adapter for a better experience. The update includes larger batteries, increased range, wireless smartphone integration, and Hyundai Pay for parking. A new XRT trim adds mild off-road capability. Despite these improvements, some buyers may opt for alternatives with better Supercharger compatibility | TechCrunch

Tesla is expected to bring back the turn signal stalk for the Model 3 after strong customer feedback. The refreshed Model Y already features a simplified stalk for basic signaling, but Tesla will not restore the right-side shifter stalk. Autopilot activation remains on the steering wheel. While retrofits for older Model 3s are unclear, third-party solutions exist. Other models like the Cybertruck and Model S are unlikely to see similar changes | Not a Tesla App

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Join Cambridge Telematics on Tuesday, Feb 25 at 11:00 AM EST for a webinar on the connection between safe driving and sustainability. Lisa Pinals, Principal Data Scientist at CMT, will share insights on how driving behaviors like hard braking, speeding, and distraction impact fuel consumption, explore findings across gas, hybrid, and EV vehicles, and discuss how telematics programs can promote safer, more sustainable roads. Register now

Micromobility

New York City is offering free UL-certified e-bikes to delivery workers in exchange for their uncertified or illegal electric bikes. The E-Bike Trade-In Program aims to improve safety while supporting workers who rely on low-cost e-bikes for deliveries. Applications are open until March 10, with limited supply. “Millions rely on these workers,” the NYC DOT stated, emphasizing the importance of safer, compliant e-bikes for the city’s infrastructure | Electrek

FTN Motion has launched the Streetdog80, a faster electric bike reaching 80 kph, requiring a motorcycle license. Co-founder Kendall Bristow called it “a significant step forward,” offering more road access. Demand is high, with the first 50 units reserved. The bike features a 7.5kW motor and an easy-to-ride design. FTN plans to expand to Australia, where pre-orders suggest strong interest in the new model | Stuff

Product Launches & Updates

Kia has teased the EV2, EV4, and PV5 ahead of their official debut on February 27, 2025. The EV2 is a compact electric SUV expected to start at $20,000 in Korea. The EV4 maintains its sporty fastback design. Kia will also introduce the PV5, a modular electric van. CEO Ho-Sung Song says the lineup is part of a "bold new strategy" to transform the EV market | Electrek

Jeep teased the 2026 Recon EV in a Super Bowl ad, highlighting its off-road appeal with removable doors. Originally announced in 2022, the electric SUV is part of Stellantis’ EV expansion. Production begins this month, with first deliveries expected in late 2025. While Jeep has not revealed pricing or preorders, the Recon aims to attract Wrangler fans with its rugged design and adventure-ready features | The Verge

HPS Design has introduced its F1-inspired WattAssist e-bike propulsion system to European manufacturers. Weighing less than 2kg, the system offers power assistance without adding significant weight to bikes. Two battery options provide up to three hours of support. The system maintains the bike’s geometry, enhancing stability and handling. HPS aims to expand cycling access, targeting age or health-constrained riders. F1 figures Jenson Button and Toto Wolff are among the high-profile customers | ZAGDaily

Rivian is opening sales of its electric commercial vans to all U.S. businesses, ending its exclusivity with Amazon. The company will offer two models, the 500 and 700, but only to registered businesses. This move expands Rivian’s revenue streams as it prepares to launch a more affordable SUV next year. The company has tested the vans with fleet customers and built infrastructure to support broader adoption | TechCrunch

Ridehailing, Carsharing & Delivery

Belgium’s first remote-driven car service has launched at the Port of Antwerp-Bruges, marking Europe’s first revenue-generating driverless operation. Led by Ush and Poppy, the service delivers rental cars remotely, allowing users to drive themselves or be guided by remote operators. The phased rollout will expand across the port by 2025, with a citywide launch in 2026. This initiative reinforces Belgium’s role as a hub for autonomous mobility innovation | Tech.eu

Lyft plans to launch Mobileye-powered robotaxis in Dallas by 2026, with expansion to other cities. Partnering with Marubeni for fleet ownership, the move supports Lyft’s asset-light model. This follows past setbacks in autonomous vehicle development. Lyft aims to compete with Uber, which has secured multiple AV partnerships. The company sees fleet management and demand generation as key areas for growth in the evolving robotaxi market | TechCrunch

Zoox’s second-generation robotaxi, tested in Las Vegas, offers a safe but cautious ride. Despite over a decade of development and significant investment, Zoox remains behind Waymo, with no public launch date set. The vehicle lacks traditional controls and relies on pre-mapped routes, limiting adaptability. Regulatory scrutiny and past safety incidents add challenges. While innovative, Zoox’s slow progress raises questions about its ability to compete in the evolving robotaxi market | The Verge

Lyft saw record highs in rides, riders, and driver hours in Q4 2024, driven by faster pickups and premium service expansion. Lyft Black and Lyft SUV usage rose 41%, while an AI support tool for drivers saved 28,000 hours in tests. Price Lock subscriptions also gained traction. Revenue grew 27% to $1.6 billion. Lyft aims to enhance high-end offerings in 2025, following trends seen in the airline industry | Smart Cities Dive

Avride and Uber Eats have launched autonomous delivery robots in Jersey City, the first on the East Coast. Customers can now opt for robot deliveries from top local restaurants via the Uber Eats app. The expansion, supported by city officials, aims to boost restaurant business and enhance convenience. Avride previously launched in Austin and Dallas and plans to bring the service to more cities in the future | Medium

Christensen Group has launched a robotics insurance division to address new risks in autonomous delivery and mobility. Unlike traditional policies, these plans cover issues like software errors in unmanned robots. The firm sees last-mile delivery bots as the highest risk but expects fewer overall incidents. Partnering with legal experts, Christensen aims to lead in this emerging market, offering specialized coverage as demand for autonomous solutions grows | ZAGDaily

Getaround is shutting down its U.S. car-sharing operations due to financial struggles, focusing instead on its European business. Customers were given short notice to return rentals, as liability coverage ended the same day. The closure includes its HyreCar business, acquired in 2023. Despite past restructuring efforts, Interim CEO AJ Lee cited a lack of liquidity as the reason for the shutdown, marking the end of Getaround’s U.S. presence | TechCrunch

May Mobility has launched its first fully driverless commercial ride-hailing service in Peachtree Corners, Georgia. The autonomous shuttles operate along a dedicated AV corridor, with no human safety operators. Partnering with Curiosity Lab, May offers free rides to preset stops, including hotels and offices. The company plans to expand service and integrate with Lyft later this year, marking a step toward broader adoption of autonomous shared mobility | TechCrunch

Investment & Deals

Archer Aviation raised $300 million from investors including BlackRock and Wellington to accelerate its defense-focused hybrid VTOL aircraft. This follows a $430 million round in December supporting its Archer Defense program. Partnering with Anduril, Archer aims for a U.S. defense contract, securing long-term funding. While advancing military applications, the company still plans a commercial air taxi launch in 2025, balancing its dual-use strategy for future growth | TechCrunch

FINN secured €1 billion in asset-backed financing to expand its vehicle fleet in Germany and support its European growth. Citi, Jefferies, and Avellinia Capital are among the key financiers. With over 25,000 vehicles, FINN aims to strengthen its market position and offer better deals. COO Nikolai Schröder sees the funding as a confidence boost, reinforcing the company’s growth and risk management strategy | Tech.eu

The UK government has allocated £291 million to improve walking, cycling, and wheeling infrastructure across England. The funding supports 300 miles of new paths, safer crossings, and cycle training for children. Local authorities will receive £222.5 million, with additional funds for school initiatives and the National Cycle Network. Officials emphasize health benefits and economic gains, though experts call for greater investment to meet long-term active travel goals | ZAGDaily

Turkish micromobility operator Tripy Mobility has secured investment from impact fund Fark Labs to expand across Europe. The funds will strengthen its e-bike fleet, EV charging network, and AI-driven software. Currently operating in three Turkish cities, Tripy aims to reach 30 million people by year-end. CEO Dr. Ali Onuralp Ünal sees this as a step toward becoming a global brand, advancing sustainable urban mobility solutions | ZAGDaily

Revel has secured a $60 million loan from NY Green Bank to expand New York City’s public EV charging network. The investment will add 267 new charging stalls across nine sites, with most completed within a year. Governor Kathy Hochul emphasized its role in easing the shift to EVs and cutting emissions. Revel CEO Frank Reig called it a major step toward making New York a leader in urban EV infrastructure | Smart Cities Dive

New York’s NY Green Bank is lending Revel $60 million to expand its public EV charging network. The funding will add 267 fast-charging stalls across nine sites, with most completed in a year. Governor Kathy Hochul emphasized its role in cutting emissions and boosting EV adoption. Revel CEO Frank Reig said the investment will create a top-tier charging network, strengthening New York’s position as a leader in clean transportation | Smart Cities Dive

Nissan and Honda have ended their memorandum of understanding for a potential business integration. The companies explored various structures but decided to terminate discussions to maintain agility in a rapidly changing market. Honda had proposed a parent-subsidiary model, but both agreed to focus on a strategic partnership instead. Moving forward, they plan to collaborate on intelligent and electrified vehicles while maximizing corporate value through innovation and shared expertise | Honda

Cities & Policy

Republican senators have introduced bills to end the $7,500 federal EV tax credit and impose a $1,000 fee on new electric cars. Supporters claim the tax offsets lost gas tax revenue, but critics argue it unfairly burdens EV buyers. The move could slow U.S. EV adoption, impacting the auto industry’s competitiveness. Key sponsors, including Senator John Barrasso, have received significant contributions from the oil and gas industry | Electrek

The U.S. State Department initially planned to buy $400 million worth of armored Teslas but later changed the listing to "armored EVs." The procurement, stemming from a Biden-era request, is now on hold. Reports suggest the Cybertruck was a likely choice, but Tesla CEO Elon Musk denied involvement. The shift raises questions about government spending and transparency under President Trump’s administration | The Verge

After two decades of planning, NYC launched the U.S.’s first zone-based congestion pricing, cutting traffic 7% in its first week. Governor Hochul reduced the fee from $15 to $9, rising to $12 in 2028. Faster travel times at Holland and Lincoln Tunnels boost last-mile micromobility, maritime freight, off-peak deliveries, and mobility aggregators | Sustainable Mobility

The Trump administration removed 2022 car crash fatality data from the NHTSA website, raising concerns about transparency. Experts worry the change could impact safety research, as FARS data has been crucial since 1975. The removal may relate to a new gender category in reports. While NHTSA claims "minor corrections," researchers fear further restrictions, which could hinder efforts to track crash trends and improve vehicle safety policies | Ars Technica

Donald Trump nominated Apple executive Jonathan Morrison to lead the National Highway Traffic Safety Administration. Morrison, formerly NHTSA’s chief counsel, has an extensive automotive background. If confirmed, he will oversee Tesla investigations and shape transportation policies. Trump’s agenda includes pausing EV charging development, delaying braking regulations, and rolling back fuel efficiency standards. Morrison’s leadership could influence self-driving car oversight and industry regulations in the coming years | TechCrunch

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It’s earnings season for top mobility companies like , and , and here's a newsletter we've been following ourselves, Money Machine Newsletter.

It’s designed to help you become a smarter, independent investor with two things:

1. Market-beating stocks in a 5-min read. Picked by elite traders. Delivered weekly to your inbox pre-market.

2. Market, investing, and business insights from insiders and experts outside the mainstream media.

You won’t find the same watered down stock picks like other services. Nor will you find the same regurgitated mainstream media information here.

Money Machine Newsletter

Market-beating stocks in a 5-min read. Picked by elite traders. Delivered weekly to your inbox pre-market.

I’ll let Money Machine Newsletter take it from here…

This week’s market, investing, and business insights from insiders and experts outside the mainstream media:

1. Did DeepSeek just scrap NVIDIA's real moat, CUDA?

2. China gamified shopping and 63% of people are gobbling it up.

3. America’s forgotten stock (dirt-cheap right now).

4. THIS country owns 1.5% of all public stocks and is killing it!

And more. Let’s get to it!

Top Insights of the Week

1. ⚠️ NVIDIA'S Real Moat, Scrapped?

• HOT TAKES… did DeepSeek steal OpenAI’s AI model? sure… did they also innovate? ABSOLUTELY… did China want to disrupt the U.S. economy? always… did big tech get lazy and just throw money at AI with no constraints? probably… this can all be true at the same time… but the real breakthrough… DeepSeek ditched NVIDIA’s CUDA…

  • NVIDIA’s CUDA is the software controlling AI training… they skipped it, instead, they coded on the hardware (PTX), never been done before. THAT’S A FLEX 💪.

• Did they only drop $6M to create DeepSeek? Nope, fugazi…

  • The real cost, +$1B on compute.

  • $6M is just the final training run, it’s like bragging about building a skyscraper for the cost of the last shipment of cement.

• DeepSeek didn’t get VIP entrance to the club, so they used the back alley door…

  • OpenAI says DeepSeek trained R1 using GPT-4’s outputs.

  • DeepSeek’s early model would straight-up say it was as GPT-4 in tests… I mean at least be subtle about it, geez.

  • Huawei just joined the party… they adapted DeepSeek’s AI for their own chips, slashing costs by 70%.

• NVIDIA chips still flowing to China…

  • Despite U.S. bans, China still got tens of thousands of NVIDIA’s best chips, potentially through Singapore.

  • What happens next is anyone’s guess, but don’t expect Washington to sit still… game on.

2. 💸 QVC Effect Is Back—On Steroids

• Remember back in the day when you would get home at 3am, drunk as hell, near blacking out, sat down to go ham on the personal pizza you just picked up, and all of the sudden you’re being sold a the George Foreman grill on QVC… buy 1, get 1 free, YES PLEASE, speed dial! All of the sudden you have two baller grills on your kitchen counter… Ah, yes, the golden years… well… it’s happening all over again, minus the booze and pizza, and China is all over it…

  • Chinese apps like Douyin and Xiaohongshu make shopping feel like a game. Scroll, laugh, buy. No effort, no searching—just perfectly timed impulse buys.

  • Douyin sold $375B worth of goods in 2023. Xiaohongshu, ~$1B in profit for 2024.

• Shopping has shifted from search to discovery, and we’re gobbling it up… 63% of people prefer finding products they weren’t even looking for, the algorithm gods working overtime.

• Big players are catching on—Instagram and Facebook have in-app shopping, Amazon Inspire mimics TikTok with shoppable videos… but there's one company in particular that is quietly dominating... Whatnot.

  • $359M in revenue for 2024 (+102% YoY).

  • Valued at ~$5B and backed by big dawgs like Andreessen Horowitz & DST Global.

  • Processed more than $3B in total sales in 2024 (doubled from 2023).

• Whatnot isn’t public—yet… but livestream shopping is heating up… when the right player goes public, it could be a big win for self-directed investors… we’ll be watching closely.

3. 🥃 America’s Forgotten Stock

• For years, THIS particular company thrived in a protected market—with steady growth, fat margins, and market-beating returns… then came the setbacks… a rough stretch sent shares tumbling nearly 50%... but now, something’s stirring… a high-profile activist investor is demanding change and it’s triggered our radar… Brown-Forman.

• Today, it's facing a few threats…

  • Gen Z is drinking less.

  • 50% EU tariff could crush international sales.

  • U.S. Surgeon General is linking alcohol to cancer.

• While most investors see risk… we see an opportunity…

  • Revenue fell 1.18% to $4.18B in 2024, but profits jumped 30.78% to $1.02B.

  • Stock is down 40% YoY, hitting five-year lows, currently undervalued.

  • Cutting 648 jobs, closing its cooperage, and saving $70–80M a year—all to boost profits.

  • Profitable for a long time. With brands like Jack Daniel’s, it’s a strong, stable business.

  • Actively keeping debt in check, $2.39 billion as of October 31, 2024—down 9.91% from last year.

  • RTD cocktails are booming, and Brown-Forman is jumping in.

  • Gen Z drinks less but spends more on premium spirits. Brown-Forman sees the shift—hence the buyout of Diplomatico Rum.

• Join Money Machine Newsletter to get our buy/sell setups, we’re watching this one closely. If Brown-Forman weathers tariffs and capitalizes on premiumization, the upside could be massive. It looks like a bargain, but timing matters.

Top 3 Charts of the Week

1. 💰 Norway’s Wealth Fund Hits Record Profits

• Norway saved its oil money instead of spending it and invested it in stocks, real estate, and bonds. Now, that fund has grown to ~$2T, making $222B in profit last year. If divided equally, each Norwegian would get $319,900. It’s the biggest investment fund in the world, owning 1.5% of all public stocks.

2. ☕️ Starbucks' China Struggles Persist

• Starbucks is struggling in China. Sales fell over 5% last quarter, even after adding nearly 100 new stores. Fewer customers are visiting, and those who do are spending less—average ticket size dropped 4%.

• Expanding stores isn’t helping. Local competitors like Luckin are cheaper, Chinese consumers are leaning away from Western brands, and nationalism is rising. The old Starbucks playbook isn’t working.

• China is Starbucks’ second-biggest market. If this decline continues, it could hit revenue hard. Investors expecting growth might be in for a bitter surprise.

3. 🧪 Reality Labs Is Still Incinerating Cash

• Meta’s Reality Labs has lost $60B since 2020. But Meta’s core apps print money, so they keep funding the dream.

• Meta still dominates VR/AR with 70% market share and sold 3 million Quest 3s. They’re betting big—2025 is the “pivotal year for the metaverse,” and they’re spending $65B on AI and capex this year.

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Micromobility

Trump’s new tariffs—25% on Canada and Mexico, 10% on China—hit February 4, 2025, stoking inflation and a weaker dollar. Over 90% of US e-bikes rely on Chinese parts, forcing retailers to absorb costs or raise prices. Brands scramble to shift production to Taiwan, Vietnam, or seek exemptions, complicating affordability. | Electrek

VinFast quietly launched four "Green" EVs for Vietnam’s fleet market, including two rebadged models and two new ones. The Minio Green, a tiny 26-hp city car below the VF3, offers 111 miles of range and 12 kW DC fast charging. Competing with Wuling’s Mini EV, it targets motorbike-replacing taxi services. Three more models—the Herio Green (VF 5-based), Nerio Green (e34-based), and seven-seat Limo Green—arrive in January. Vietnam’s transport shift accelerates, and while VinFast’s EVs remain unpolished, persistence may refine its lineup. The Minio Green, unlikely to leave Vietnam, could still inform future models like the troubled VF8 | InsideEVs

A whirlwind tour of seven factories reveals big shifts. Bafang now makes batteries and transmissions. NIU’s factory hums with electric two-wheelers. EUNORAU’s BKRE rescues orphaned e-bikes. Yadea’s 4,000-dealer event showcased sodium-ion batteries. Dahon expands folding e-bikes. Zhenmin handcrafts electric golf carts. Heybike’s Alpha mid-drive is a torque monster | Electrek

Zedify, the UK’s first zero-emission cargo bike delivery firm, entered administration after failing to raise funds, closing seven hubs and cutting 105 jobs. Interpath seeks buyers for its fleet, IP, and brand. Cambridge, Edinburgh, and Bristol hubs persist. Pedal Me hires ex-staff. Leaders lament sustainability’s price amid gig-economy pressures | ZAGDaily

Product Launches & Updates

Monte Carlo-based HPS Design, co-founded by ex-international cyclist Harry Gibbings, offers its sub-2kg, F1-inspired WattAssist e-bike system to European manufacturers and U.S. partners. Co-designed by ex-Jordan F1 engineer Gary Anderson, it integrates seamlessly, preserving race-bike geometry. Used by Lotus, FiftyOne, and F1 elites Button, Coulthard, Toto, and Susie Wolff, it features 85wH (720g) and 193wH (three-hour) batteries, a removable water-bottle-shaped unit, and on-demand propulsion. Gibbings, inspired by struggling to keep pace with younger cyclists, likens WattAssist to gears revolutionizing cycling’s accessibility. Most equipped bikes weigh 8-9kg, maintaining stability and handling while discreetly enhancing performance for aging or health-limited riders | ZAGDaily

Ferrari’s first EV debuts October 9, 2025—a high-priced SUV-like model with advanced motors and artificial exhaust sounds. Built in Maranello’s e-building, it joins six new models. Ferrari eyes a $7,500 battery warranty subscription | Green Car Reports

Polestar’s rally-ready Polestar 3, 4, and resurrected 2 Arctic Circle get OZ Racing Rally Legend wheels, Pirelli Scorpion tires, adjustable dampers, mud flaps, gold tow hooks, Recaro seats, LED spotlights, and strut braces, plus yellow paint evoking Mustang Mach-E Rally. Unveiled **February 1st at Austria’s FAT Ice Race, alongside Audi’s Q6 E-tron Off-road | The Verge

Volkswagen will unveil a €20,000 ($20,800) EV next month, likely the ID.One, reviving its ID.1 plans from 2021’s ID. Life concept. Launching in 2027 alongside the €25,000 ($26,000) ID. 2all, both use a new modular battery platform. VW, cutting billions in costs, recently struck a deal to shed 35,000 jobs post-German labor strike | The Verge

Ridehailing, Carsharing & Delivery

Cycling Industries Europe and EIT Urban Mobility seek proposals (due Feb. 24, 2025) for a study on bike-sharing’s ROI, covering jobs, carbon credits, health, infrastructure, productivity, and policy impact across Europe | ZAGDaily

Lyft partnered with Anthropic, backed by Amazon and Google, to deploy the Claude AI chatbot for driver support, cutting resolution times by 87%. Drivers, long frustrated by impersonal service, may resist further AI expansion. AI handles routine queries, escalating complex cases to humans. Lyft also uses generative AI for coding—1 in 4 lines | The Verge

London’s black cabbies, trained via the *Knowledge* test, navigate 26,000 streets strategically, outperforming AI’s brute-force routing. A *PNAS* study links their efficiency to hippocampal growth and Alzheimer’s resistance. Meanwhile, private hire vehicles surge as energy-hungry GPS apps dominate | Bloomberg

Cruise, now fully absorbed by GM, is laying off nearly 50% of its 2,100 employees, including CEO Marc Whitten and key executives, after regulators suspended operations over a botched accident disclosure. GM, abandoning robotaxis to save $1 billion annually, offers severance, benefits, and job support while shifting focus to personal autonomous vehicles | TechCrunch

Uber is preparing for Waymo’s Austin robotaxi launch, where Waymo’s fully driverless vehicles will operate exclusively via Uber’s app within a 37-square-mile geofenced area. Waymo One won’t be available. Uber is collecting rider interest. Pricing matches UberX. Uber handles depot operations via contractors; Waymo manages roadside assistance and customer service | The Verge

Investment & Deals

Ford’s EV unit lost $5.1B in 2024, with up to $5.5B expected in 2025. Gas cars kept profits, but Trump tariffs, Biden EV credit cuts, and price drops threaten earnings. Ford pivots to cheaper EVs, hybrids, and flexible platforms | The Verge

Nissan may abandon its $60 billion merger with Honda over control disputes, particularly Honda’s push to make Nissan a subsidiary. Honda, worth $51.90 billion to Nissan’s $1.44 billion, fears Nissan’s weak turnaround. Renault, owning 36%, remains open. Nissan’s shares fell 4%, Honda’s rose 8%. Decision delayed to mid-February | Reuters

Italian startup SWITCH raised €946,000 to scale AI-driven fleet management. Backed by Magic Spectrum, EIT Urban Mobility, and Berkeley Skydeck Europe Milano, its AI tools optimize fleet deployment, cut congestion, and boost resilience, analyzing five million trips to enhance efficiency and sustainability | ZAGDaily

Ford CEO Jim Farley slams Trump’s proposed 25% tariffs on Mexico, Canada, and China, calling them arbitrary while Hyundai-Kia and Toyota import tariff-free. Ford, facing a $5 billion EV loss and Cybertruck competition, pivots to hybrids. Farley warns tariffs will erase billions in profits, kill U.S. auto jobs, and raise prices | TechCrunch

Cities & Policy

Demetrius Crichlow, NYC Transit’s first Black president, tackles fare evasion, financial shortfalls, and safety concerns while overseeing MTA’s $51.4 billion 2025-2029 plan. He backs congestion pricing, subway expansion, and modernized infrastructure. Engaging frontline workers, he supports Janno Lieber’s budget strategy and Jessica Tisch’s overnight train patrols amid declining ridership and security fears | Bloomberg

For decades, U.S. transit agencies ignored restroom access, but LA Metro’s smart bathrooms, used 100,000 times in a year, cut public defecation by 50% and improved cleanliness. Riders with IBS, parents, and elderly commuters benefit. Caltrain and AC Transit follow suit. Poor facilities drive workforce turnover; tech-enabled solutions boost retention and hygiene | StreetsBlog USA

Trump’s FHWA halted all new EV infrastructure obligations under Biden’s $5 billion NEVI program, suspending state plans already approved through 2025. States can’t commit funds but won’t be penalized for inaction. Previously obligated money remains untouched, and reimbursements continue until FHWA issues updated guidance requiring resubmission of all state plans | Electrek

Ann Arbor partnered with Velo AI to equip bike commuters with "CoPilot" cameras, using AI to quantify near-misses, passing distances, and vehicle types, generating "stress scores" for city planning. Critics fear tech may replace infrastructure. Velo expanded to Pittsburgh’s POGOH bike-share. Officials use data to push national bike safety reforms | StreetsBlog USA

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Micromobility

The UK has scrapped a plan to double e-bike power limits from 250W to 500W after pushback from cycling groups. While public opinion was mixed, most organizations favored keeping current restrictions. In contrast, North America allows higher power and throttle use, shaping a different riding experience. The debate highlights how regulations influence e-bike adoption, infrastructure, and safety, especially in cities where bikes compete with cars | Electrek

Shared micromobility can drive UK economic growth by improving transport access, boosting local economies, and creating jobs. Beryl CEO Phil Ellis highlights its role in first- and last-mile connectivity, regional development, and public health. Legalizing e-scooters could accelerate adoption, increasing demand for infrastructure. Micromobility also supports business mobility and international expansion. Investing in shared transport will enhance productivity, reduce car reliance, and improve urban accessibility, benefiting both individuals and the economy | ZAGDaily

Despite the Trump administration’s push for car-focused policies, cities and states can still advance public transit, biking, and walking. Local governments can improve bus services, enforce bus lane rules, enhance sidewalks, and expand bikeshare programs—all without federal support. Strategies like e-bike rebates, transit-friendly housing policies, and parking reform can shift trips away from cars. While federal backing is fading, cities remain key to building greener, safer, and more accessible transportation networks | FastCompany

The UK has scrapped a plan to double e-bike power limits from 250W to 500W after pushback from cycling groups. While public opinion was mixed, most organizations favored keeping current restrictions. In contrast, North America allows higher power and throttle use, shaping a different riding experience. The debate highlights how regulations influence e-bike adoption, infrastructure, and safety, especially in cities where bikes compete with cars | Electrek

Whizz CEO Mike Peregudov highlights the need for practical e-bike regulations, criticizing complex rules like licensing mandates. He stresses that delivery workers rely on affordable rentals, with Whizz maintaining a fleet of 3,500 e-bikes. Peregudov advocates for safer batteries and streamlined classifications, suggesting app-based enforcement to ensure compliance. He also points to European models where platforms subsidize legal bikes, offering a potential solution for New York’s evolving e-bike landscape | StreetsBlog NYC

Product Launches & Updates

Polestar has delayed the Polestar 6 electric convertible, prioritizing the Polestar 7 SUV instead. Initially planned for 2026, the Polestar 6 will now launch after the 7, which introduces a new European-made architecture. The move aims to avoid tariffs and focus on higher-volume models. Despite the delay, the Polestar 6 will retain its bonded aluminum platform, promising high performance when it finally arrives | Green Car Reports

Lucid’s Gravity SUV features a built-in rear motor booster that enhances charging efficiency. This innovation allows the 926V EV to charge faster, even on lower-voltage chargers, without using split-pack solutions like competitors. It supports up to 400kW charging on 1000V chargers and 225kW on 500V chargers. The Gravity also includes a NACS-to-CCS adapter, making it compatible with a wider range of fast chargers for improved convenience | The Verge

Volkswagen has canceled the launch of its ID.7 electric sedan in the US and Canada, citing a challenging market for EVs. Initially aimed to rival Tesla’s Model 3, the ID.7 offered over 400 miles of range and a luxurious design. Despite the setback, VW remains committed to EVs in North America, highlighting the successful release of the ID.Buzz minivan and the continued sales of the ID.4 SUV | The Verge

Mitsubishi will launch its first electric vehicle (EV) in the US in 2026, likely resembling the next-generation Nissan LEAF. The new model will be a small electric crossover, designed on the same platform as the Nissan Ariya. Mitsubishi aims to boost its US sales with this launch alongside a revamped Outlander. However, the EV is not expected to replace the Mirage and faces stiff competition from other automakers entering the electric SUV market | Electrek

Ridehailing, Carsharing & Delivery

Tesla will launch its autonomous robotaxi service in Austin this June, initially using its internal fleet. Next year, Tesla owners can add their vehicles to the fleet. Meanwhile, Lucid’s Gravity SUV is the first non-Tesla to use the Supercharger network without an adapter. Waymo is expanding its autonomous robotaxi service in Los Angeles, adding freeways to its routes, with plans for international expansion in Japan and further US launches | Engadget

Waymo plans to test autonomous vehicles in 10 new cities in 2025, starting with Las Vegas and San Diego. However, these vehicles will be manually driven, not fully autonomous. Waymo already operates robotaxi services in Phoenix, San Francisco, and Los Angeles, with upcoming launches in Austin, Atlanta, and Miami. The tests aim to assess how its system adapts to different city environments, but no commercial operations are confirmed yet | TechCrunch

Waymo may soon introduce a tipping feature for its robotaxi service, but it appears to be a way to encourage charity donations, not tips for the ride itself. This new option was discovered in the app and could shape public opinion about robotaxis. As Waymo continues to address safety concerns, including past incidents and vandalism, this feature could affect how people view the company’s self-driving vehicles and their role in city transportation | The Verge

Indigo Technologies showcased its SmartWheels EVs at the #Connect351 event, discussing sustainable, affordable light electric transport with Massachusetts Governor Maura Healey and Lt. Governor Kim Driscoll. The company’s goal is to support the 351 towns and cities in Massachusetts with solutions for transporting people, packages, and non-emergency medical services. Their innovative approach to vehicle design aims to improve municipal operations and workforce opportunities, bringing economic and environmental benefits | Will Graylin via LinkedIn

GM expects to save $1 billion annually by ending its Cruise robotaxi program, CEO Mary Barra announced. The company plans to integrate Cruise employees into GM and shift its focus to personal vehicle autonomy. While Cruise's future remains uncertain, GM may use its technology to enhance Super Cruise. The decision follows a $2.9 billion fourth-quarter loss, though GM’s full-year adjusted profit reached $14.9 billion | TechCrunch

Amazon is preparing to launch drone deliveries in Darlington, UK, pending approval from the Civil Aviation Authority. The company plans to hire staff and work with the local community to introduce Prime Air. Other companies, like Skysports and Zipline, have already deployed drone deliveries in the UK. Amazon previously tested its MK30 drone in Italy and operates similar services in Arizona and Texas under FAA approval | The Verge

Waymo’s self-driving taxis offer a premium experience, but scaling remains a challenge. The company operates far fewer rides than Uber and faces hurdles in fleet maintenance, regulatory approval, and cost reduction. Meanwhile, Uber dominates with availability and surge pricing flexibility. To expand, Waymo is integrating with Uber’s app in new markets like Atlanta and Austin, positioning itself as a vehicle supplier rather than a direct competitor | The Driverless Digest

Investment & Deals

Lime is investing £20 million to improve e-bike parking in London, its largest parking investment globally. The plan includes 2,500 new parking spaces, a 60% increase in on-street patrols, and AI-powered parking enforcement. With e-bike demand surging, Lime aims to ease congestion and support London’s cycling goals. The investment also includes £250,000 for accessibility initiatives, reinforcing Lime’s commitment to safer, more efficient urban mobility | ZAGDaily

UVeye secured a $191 million extension to its 2023 Series D round, led by Toyota’s Woven Capital. The funding includes $41 million in equity and a $150 million debt facility from Trinity Capital. The investment will help UVeye deploy 700 AI-powered vehicle inspection systems in 2025, expanding beyond security to broader automotive diagnostics. Customers like Amazon and CarMax are driving demand for its vision-based scanning technology | TechCrunch

Moove, a mobility fintech backed by Uber, has acquired Brazilian rideshare financing firm Kovi in an all-share deal. The acquisition boosts Moove’s annual revenue to $275 million and strengthens its presence in Latin America. Kovi will continue operating under its brand while contributing proprietary technology to Moove’s AI mobility strategy. The deal supports Moove’s goal of building the world’s largest rideshare fleet, with plans for further expansion across the region | TechCrunch

French e-bike startup Angell has declared insolvency after a critical frame defect made its bikes unsafe. Founded in 2019, Angell offered smart electric bikes with GPS and security features but struggled with reliability. The company partnered with SEB for manufacturing and now faces financial collapse due to costly recall or refund options. Angell owners may lose access to connected services if the company shuts down its servers | TechCrunch

Voi secured €125 million ($130 million) in senior secured bonds from Nordic and American investors to expand its fleet and enter new markets. The Swedish micromobility startup, which operates in over 100 European markets, achieved its first profitable year in 2024. CEO Fredrik Hjelm emphasized financial discipline and efficiency improvements. Voi aims to strengthen its bike fleet and position itself for a potential IPO in two to three years | TechCrunch

Mobility Mojo secured a €4.25M investment from Gresham House Ventures to expand its accessibility analysis platform. The Dublin-based startup will use the funding to enhance its AI-driven SaaS platform, grow its marketing and sales teams, and hire key talent. Founded in 2018, Mobility Mojo helps businesses assess and improve accessibility. With over 100 global clients, the company aims to set new standards for accessible environments across various industries | Tech.eu

Shift4Good closed its first fund with €220 million, one of the largest VC funds focused on sustainable transportation. The diverse investor base includes Renault, BNP Paribas, and Bpifrance. The fund aims to support startups in circularity, AI in energy, innovative materials, and autonomous vehicles. Already invested in 13 companies, Shift4Good plans to invest in 10-15 more startups in Europe, the UK, and Southeast Asia. The fund targets Series A and B investments between €4 million and €20 million | ZAGDaily

Cities & Policy

A Mineta Transportation Institute study suggests that right turns on red lights pose a risk to pedestrians and cyclists, as drivers often fail to stop completely, increasing accidents. The study recommends cities have the power to prohibit right turns on red as the default practice, with exceptions based on intersection design and traffic conditions. It emphasizes the need for updated policies to protect vulnerable road users, especially with the rise of heavier electric vehicles | Smart Cities Dive

Hopp by Bolt, a new shared scooter service, has launched in Washington, D.C., deploying over 700 scooters with plans to expand. The service focuses on increasing accessibility for low-income residents through its "Hopp for All" program, offering free rides for up to 30 minutes. With innovations like distance-based pricing, anti-drunk riding tests, and AI for parking, Hopp aims to improve safety and reduce congestion while promoting equitable transportation options in D.C. | Axios

Sean Duffy was sworn in as U.S. Secretary of Transportation on January 28, 2025, and immediately signed a memorandum to reset Corporate Average Fuel Economy (CAFE) standards. This action aims to reduce car prices by eliminating restrictive fuel standards and the electric vehicle mandate. Duffy's decision is designed to make cars more affordable, addressing rising vehicle costs and giving Americans more choices without government overreach | U.S. Department of Transportation

New York City's congestion pricing toll, introduced on January 5, 2025, has improved commute times and reduced traffic. Morning travel times on key crossings, like the Holland Tunnel, dropped by 48%, while weekday traffic south of 60th Street fell by 5%. The toll aims to reduce congestion, improve air quality, and fund transit improvements. It has also boosted subway and bus ridership, with significant increases in weekday and weekend usage | Bloomberg

Washington State is using emissions tax funds to support a $5 million electric bicycle rebate program for lower-income residents. The rebates, ranging from $300 to $1,200, aim to make e-bikes more affordable and reduce transportation costs. Unlike other programs, recipients will be chosen via a lottery. The initiative promotes affordable commuting, transportation equity, and environmental benefits by encouraging e-bike use, reducing car dependency, and cutting carbon emissions | Electrek

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Cities & Policy

Donald Trump’s administration is targeting Biden-era EV incentives, including the $7,500 tax credit, aiming to repeal them and impose tariffs on Mexico and Canada. This shift could raise EV costs, dampen sales, and disrupt global supply chains. Automakers, already grappling with post-COVID challenges, warn against instability. Industry experts emphasize the environmental and economic benefits of current policies, while legal challenges and congressional pushback may slow Trump's aggressive rollbacks of Biden’s clean energy legacy | The Verge

The Palisades and Eaton fires in Los Angeles destroyed many vehicles, which are vital in the city’s car-centric culture. Residents lost more than transportation—cars served as homes, workplaces, and sentimental treasures. Victims, like landscaper Pablin Arevalo, quickly rebuilt with community help, while others, like Megan Weinraub, found rare luck when her van survived. These losses highlight the personal and economic toll of wildfires on urban lives and infrastructure | The New York Times

A study comparing pedestrian behavior in 1980 and 2010 across Boston, NYC, and Philadelphia reveals a decline in lingering and socializing on city streets, with pedestrians walking 15% faster and forming fewer groups. Factors like rising incomes, mobile technology, and fewer inviting public spaces contribute to this shift. Experts suggest enhancing streets with green spaces, seating, and limiting vehicle traffic to revive streets as hubs of connection and urban vitality | Bloomberg

The Biden administration approved nearly $9 billion in transportation grants and loans in January 2025. Key projects include a $1.89 billion loan for NYC’s midtown bus terminal overhaul and grants for rural roads, EV chargers, airports, and pedestrian infrastructure. Chicago’s Red Line extension and Nashville’s greenway are among notable initiatives. These investments aim to modernize infrastructure, enhance connectivity, and support sustainability, benefiting urban and rural communities nationwide | Construction Dive

U.S. regulators have escalated their investigation into Ford's BlueCruise hands-free driving system following two fatal crashes involving stationary vehicles. The National Highway Traffic Safety Administration’s upgraded probe will analyze system limitations, including issues with detecting stationary objects and poor visibility. Around 129,000 vehicles are affected. Ford is cooperating with the investigation, which highlights safety concerns in advanced driver assistance systems, a competitive space that includes Tesla’s Autopilot and GM’s Super Cruise | TechCrunch

Automakers are suing to repeal a new rule requiring all vehicles to have automatic emergency braking (AEB) by 2029, claiming it sets unrealistic technological standards. The National Highway Traffic Safety Administration (NHTSA) insists the rule will save lives and reduce injuries. While automakers argue for feasibility and voluntary agreements, safety advocates stress the rule's critical impact on road safety and call for consistent AEB performance across all vehicles to protect drivers and pedestrians | The Verge

Micromobility

Shared micromobility operators can stay profitable in winter by focusing on local users with commuter passes, adjusting fleet distribution to suburbs, and capitalizing on events. Prioritize bicycles over e-scooters for safety in harsh weather. Use dynamic pricing to match demand and perform long-term maintenance during slower months. Operators can also migrate vehicles to warmer locations or prepare for spring by training staff and optimizing fleet readiness | ZAGDaily

Nottingham has partnered with micromobility operator Dott to relaunch its e-scooter service with 1,300 vehicles and 300 parking locations. Supported by the Transforming Cities Fund, the city improved parking infrastructure and implemented measures like parking caps and 24/7 patrols. Dott’s technology includes boundaries and low-speed zones to ensure compliance. The pay-as-you-go service offers discounts to eligible groups, aiming to support Nottingham’s transport goals and advocate for UK e-scooter legislation | ZAGDaily

TIER-Dott, Europe’s largest micromobility operator, recorded 100 million rides in 2024, covering 205 million kilometers across 400 cities in Europe and the Middle East. The merger of TIER and Dott in March streamlined operations, bringing 250,000 vehicles to 10 million users. Highlights include serving 500,000 riders during the Paris Olympics. With €250 million in revenue and green mobility efforts, TIER-Dott continues driving sustainable urban transport | ZAGDaily

Lloyd Alter critiques North America’s inconsistent e-bike regulations, contrasting them with Europe’s structured approach. He calls for eliminating high-speed Class 3 e-bikes, arguing that speeds over 20 MPH should require moped-level licensing. Alter emphasizes unified regulations across provinces and states to simplify standards for power, speed, and battery safety. Highlighting the need for better infrastructure, he urges policymakers to prioritize light vehicles like e-bikes to address climate and urban transportation challenges | Carbon Upfront

Dallas Cowboys quarterback Dak Prescott gifted his team 80 customized CAKE Makka electric mopeds. These lightweight e-mopeds, with a 28 mph top speed and 31-mile range, are tailored for city use and don't require a motorcycle license in many states. Each moped featured a player's jersey number and Cowboys-themed accessories. The collaboration with EMOTO Supply Co. added a personal touch, marking a unique celebration of teamwork and innovation in electric mobility | Electrek

The ENGWE P275 Pro electric bike showcases a leap in urban mobility, blending sustainability and innovation. Powered by a 36V Samsung battery, it offers a range of 161 miles and speeds up to 15.5 mph. Designed with durable tires and an ergonomic frame, it ensures stability and comfort on city commutes. Priced at £1400, this e-bike highlights a future-focused approach, addressing urban congestion and promoting eco-friendly transportation solutions for modern cities | LanoticiaDigital

Shanghai's bike-share system offers a highly efficient, affordable, and accessible mode of urban transport. With over 280,000 shared bikes and well-maintained bike lanes, it significantly outpaces New York's bike-share infrastructure. However, the system comes with trade-offs, such as reliance on surveillance and cashless apps like Alipay, raising privacy concerns. While showcasing the future of urban mobility, Shanghai's approach highlights the balance between convenience, control, and civic freedom in city planning | Streetsblog NYC

Product Launches & Updates

Ola Electric has begun production of its Roadster e-bike range, with deliveries expected to start in March 2025. Priced from ₹74,999 for the base Roadster X model, the motorcycles promise innovative design, advanced performance, and affordability. Ola’s latest offering reflects its commitment to sustainable mobility solutions, aiming to redefine urban commuting with eco-friendly technology. This launch is set to strengthen Ola’s position in the growing electric vehicle market | NDTV Profit

The 2026 Cadillac Lyriq-V is a high-performance electric SUV with 615 horsepower and 650 lb-ft of torque, accelerating from 0-60 mph in just 3.3 seconds. It offers an estimated 285-mile range, a 102 kWh battery, and fast-charging capabilities. Features include V-Mode for enhanced agility, faux engine sounds, and Apple CarPlay/Android Auto integration. Priced from $79,990, it represents Cadillac’s entry into the high-performance EV market, competing with brands like BMW and Mercedes | The Verge

GM is recalling nearly 3,000 2025 Chevy Equinox EV AWD models due to a software defect in the adaptive cruise control, which may prevent the brakes from engaging properly. The issue affects models without GM's Super Cruise. GM will fix the problem by updating the software at no cost to owners. Notifications will be sent out in March 2025. The recall follows a previous issue with the vehicle's pedestrian alert system | Electrek

JackRabbit has introduced a Solar Charging Kit for its micro e-bikes, allowing riders to recharge directly from the sun. The kit includes a folding solar panel and a voltage converter, providing 80W of solar power. It can fully recharge JackRabbit’s small 151Wh battery in about three hours. Priced at $349, this eco-friendly kit offers an easy and portable solution for charging on the go, especially for outdoor enthusiasts | Electrek

Volvo's EX30 compact SUV, delayed in the US due to tariffs, will finally arrive in 2025. The popular EX30 Twin Motor Performance trim starts at $44,900, with an upgraded Ultra package priced at $46,600. Originally expected to be priced around $34,950, the increase reflects tariff impacts. Despite this, the EX30 has been a bestseller in Europe, with over 100,000 units sold, suggesting strong demand in the US | The Verge

Investment & Deals

Netradyne raised $90 million in Series D funding led by Point72 Private Investments, with support from Qualcomm Ventures and Pavilion Capital. The funding will fuel global expansion and enhance R&D for their AI-powered fleet safety technology. Netradyne’s Driver•i system improves driver behavior, reduces accidents, and lowers insurance costs. With over 3,000 customers worldwide, the company aims to transform fleet safety and performance across industries, including retail, transportation, and construction | Netradyne

Forest secured £13 million in Series B funding, including £3 million from B8 Venture Partners and up to £10 million in asset-backed finance from Fintex Capital. This will support the launch of three new e-bike models in 2025: ForestCargo, ForestDuo, and ForestKid. The company aims to reduce car dependency and expand to Paris. Forest also recorded profitability in 2024 and plans to grow its European presence, including a bid for Paris's bike share market | ZAGDaily

Jaguar Land Rover’s InMotion Ventures invested $2 million in Cyclic Materials, boosting its Series B funding to $55 million. This investment supports Cyclic Materials’ expansion in North America and Europe and advancements in recycling rare earth magnets, crucial for EV motors and other technologies. With demand for rare earth elements outpacing supply, Cyclic Materials’ innovative technologies address sustainability challenges and reinforce the automotive industry's shift toward cleaner, more resilient supply chains | Electrek

The U.S. Department of Energy (DOE) has invested $68 million through its SuperTruck Charge initiative to develop high-power EV charging infrastructure for medium- and heavy-duty vehicles. Projects include installations along major corridors like I-10 and I-15, featuring solar arrays, energy storage, and megawatt charging systems. These efforts aim to improve grid resiliency, reduce emissions, and support the widespread adoption of electric trucks, advancing U.S. leadership in clean transportation technology | Electric Cars Report

German startup ENAPI has raised €7.5M in a Seed funding round led by Voyager Ventures, bringing its total funding to €10M. ENAPI’s platform streamlines data exchange for EV charging transactions, improving efficiency and reliability for charge point operators and eMSPs. The funding will support software upgrades, global expansion, and hiring. ENAPI aims to address public charging dissatisfaction and advance the EV revolution with seamless and scalable charging infrastructure | Tech.eu

Canoo, a seven-year-old EV startup, has filed for Chapter 7 bankruptcy, ceasing operations and liquidating assets. The company, with $164M in liabilities and $126M in assets, struggled to secure funding, including from the U.S. Department of Energy. Despite partnerships with NASA and Walmart, Canoo failed to deliver its EV goals, facing executive turnover and financial challenges. The bankruptcy highlights ongoing struggles in the EV startup sector after SPAC mergers | TechCrunch

InMotion Ventures, Jaguar Land Rover's corporate venture capital arm, invests $250K–$2M in early-stage startups, focusing on mobility, AI, and sustainability. Over 90% of its portfolio engages with JLR, creating mutual value through collaborations, contracts, and innovation. Unlike traditional VCs, InMotion prioritizes long-term goals, strategic alignment, and fostering foundational technologies. Its flexible funding and independent operation enable it to compete in fast-paced markets, addressing challenges startups face when partnering with large corporations | Tech.eu

Ruck, a construction material delivery platform, raised $5 million in a Seed round led by SNAK Venture Partners and ANIMO Ventures, with support from VSC Ventures and others. This funding will enhance its engineering capabilities and expand its marketplace across key markets. Leveraging gig workers, Ruck offers two-hour deliveries, streamlining construction logistics. The investment builds on its $1.4 million pre-seed round, validating demand and driving innovation in materials procurement | Utah Business

New Products, Features, and Data Points

Heat pumps are transforming cold-weather EV driving by improving efficiency and extending range. Unlike energy-draining resistive heaters, heat pumps transfer heat within the vehicle, reducing range loss by 8-10% in freezing temperatures. Models like Tesla’s and Audi’s EVs show minimal range reductions compared to older EVs lacking this feature. Popular models, including the Ford Mustang Mach-E and Polestar 2, now integrate heat pumps, making winter driving more reliable and convenient for EV owners | The Verge

Hackers discovered vulnerabilities in a Subaru web portal that allowed them to remotely unlock, start, and track vehicles. Security researchers Sam Curry and Shubham Shah identified the issue and reported it to Subaru, which has since fixed the flaw. However, they warn this is part of a larger security problem affecting multiple automakers, including Honda and Toyota. Connected car systems remain at risk as hacking methods continue to evolve | TechCrunch

Lucid Motors has introduced a new voice assistant, replacing Alexa, to enhance natural-language interactions in its Air and upcoming Gravity EVs. Powered by SoundHound, the system offers seamless navigation, charger planning, and vehicle feature control, even without a strong data connection. With flexible AI integration, it reduces errors like "AI hallucinations" and enables voice access to the owner’s manual. This innovative assistant emphasizes usability and customization, aligning with Lucid’s focus on superior user experiences | Green Car Reports

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Micromobility

E-bikes, lauded for eco-friendly, cost-efficient commuting, cut carbon emissions but raise safety concerns over accidents and traffic violations, sparking calls for licensing. Challenges include lithium-ion battery waste, infrastructure gaps, regulatory debates, and balancing health, economic, and urban mobility benefits | La Noticia Digital

New York Governor Kathy Hochul proposed treating Class 3 e-bikes over 100 lb like mopeds, requiring licensing, registration, and banning bike lane use. Class distinctions, typical weights (50-75 lb), and heavy models' moped-like designs spotlight safety concerns in bike lanes | Electrek

Timothée Chalamet, Hollywood's micro-mobility darling, rode a Lime e-bike to a London film premiere. Lime's CMO, Carolyn Rosebrough, cheered. Adam Tranter, a cycling PR guru, sees this as a PR coup, flipping the "lame" bike script. Lime, chasing Taylor Swift, sees celebrity endorsements as key to brand love | ZAGDaily

Product Launches & Updates

Ducati, famed for racing, partners with Piquadro, a luxury luggage maker. Their limited-edition travel collection, unveiled at Pitti Immagine Uomo in Florence, comprises backpacks and trolleys. Crafted with premium materials like polycarbonate and aluminum, this collection is designed for discerning travelers. While stylish, it's not motorcycle gear. Priced accordingly, it's a statement piece for the Ducatisti who value both performance and refined aesthetics | Ride Apart

Chrysler paused development of its first EV, the C6X, originally set for a 2026 debut. Suppliers were told to halt spending after a redesign scrapped the Airflow-inspired plan. The Halcyon concept previews its new direction. Sharing the 400-volt STLA Large platform with Dodge Charger EVs, it may offer a 100-kWh battery and 300-mile range. Chrysler’s current lineup, limited to the Pacifica and Voyager, underscores its urgent need for new models. Its EV timeline now appears increasingly uncertain | InsideEVs

Polestar 7, a European-made compact SUV, signals a key shift: a single architecture for future models, breaking from Geely-shared platforms. Polestar 5, launching this year with 800-volt tech, and the 2026 Polestar 6 roadster flank this move. Aggressive 30-35% sales growth targets, fueled by expanded retail and strong order growth (37.2% Q4 2024), underpin Polestar's ambition | Green Car Reports

Honda’s 2026 Acura RSX will be the company’s first original EV, built on a new platform with the Asimo operating system. Produced at a $4.4 billion Ohio factory with LG Chem, it revives the RSX badge for a sporty SUV, unlike the Prologue and ZDX, which use GM’s Ultium platform | The Verge

Investment & Deals

Volkswagen CEO Oliver Blume hinted at expanding Rivian’s partnership, with a $5.8 billion investment and plans to share resources like modules and purchasing volumes. Rivian will supply software and EV architecture for future Porsche, Audi, and Scout models. Rivian’s stock rose after the news, following a $6.6 billion U.S. loan for its new Georgia plant | Electrek

Netradyne, a fleet safety AI firm backed by Point72, raised $90M in Series D. Their dashcams, deployed at Amazon, reduce accidents by 50%. Netradyne leverages 18B miles of driving data to power AI co-pilots and develop foundational models for autonomous driving, while expanding global | TechCrunch

Metafuels, a sustainable aviation fuel (SAF) developer, raised $9M in a round led by Celsius Industries, joined by RockCreek, Fortescue Ventures, Verve Ventures, Energy Impact Partners, and Contrarian Ventures. The company also secured a $5M Swiss government grant. With $22M raised since 2023, Metafuels plans to scale its technology, including a 12,000-liter/day SAF facility in Denmark and additional production sites. The company is considering a buyers alliance to accelerate industrialization and e-SAF capacity | Tech.eu

Illinois, in a major CFI Program win, secured $100 million to electrify its trucking routes. This partnership, uniting Tesla, Prologis, Gage Zero, and Pilot with the state EPA, directly addresses the Midwest's critical lack of heavy-duty charging infrastructure. This landmark project will install 345 ports across 14 sites, featuring chargers ranging from 150kW to 1MW, significantly accelerating the adoption of electric trucks on long-haul routes | TechCrunch

Donkey Republic, the Danish micromobility operator, secured a €8.2 million loan from EIFO, NEFCO, and Sydbank to expand its fleet and refinance debt. The funds will support 2025 growth, following a 75% EBITDA increase and 25% revenue rise in 2024 | ZAGDaily

Harbinger, a Los Angeles EV startup founded by ex-Canoo and QuantumScape employees, raised a $100 million Series B led by Capricorn Investment Group and Leitmotif. Focused on modular electric chassis for medium-duty trucks, Harbinger promises compelling unit economics, targeting fleet CFOs and anticipating higher margins than Tesla within 12-18 months | TechCrunch

eBay is acquiring Caramel, a Los Angeles-based startup that streamlines vehicle transactions, offering services like title transfers and financing. This acquisition, expected to close Q1 2025, aims to improve trust, security, and efficiency amid rising competition, notably Amazon Autos’ entry with Hyundai | TechCrunch

Cities & Policy

GM illegally sold granular driving data to insurers, including acceleration, braking, and trip length. The FTC fined GM and barred them from selling this data for five years. This follows a New York Times investigation and a consumer backlash, with one customer stating, "You guys are affecting our bottom line." The FTC alleges GM misled customers about data collection and use, obtaining data without explicit consent. GM now requires explicit consent and allows data deletion upon request | The Verge

New York Governor Kathy Hochul proposed regulations for Class 3 e-bikes over 100 lb (45 kg), treating them like mopeds with motor vehicle licensing, registration, and bike lane bans. Class 1 and 2 e-bikes remain unaffected, though some heavy e-bikes may bypass the regulation | Electrek

Oregon may soon ban faster e-bikes from bike lanes, jeopardizing cyclist safety. Senate Bill 471 targets Class 3 e-bikes, those exceeding 20 mph, removing their right-of-way. This raises concerns, as drivers cannot easily distinguish these from slower e-bikes, increasing the risk of accidents | Electrek

The Biden administration finalized a rule banning Chinese and Russian vehicles and connected vehicle software in the US, citing national security. Exemptions include vehicles over 10,000 pounds. Polestar, Waymo, and BYD are impacted, with software restrictions starting in 2027 and hardware by 2030 | The Verge

In episode 25 of the #CitiesFirst Podcast, host Scott Shepherd explores Boston's mobility revolution with Jamey Tesler, Executive Director of the Mass Mobility Hub. Discover the latest innovations, learn how cities can pilot new tech at scale, and gain insights into the Mass Mobility Hub ecosystem | #CitiesFirst Podcast

New York City's congestion pricing launched with a $9 toll, monitored by the Congestion Pricing Tracker, created by Brown’s Benjamin Moshes and brother Joshua. Using Google Maps data, it tracks real-time traffic changes, quickly gaining attention from media and advocates | The Verge

Kentucky leaders launched the "Safe Teen Driving Challenge" to reduce the 47,000 teen driver crashes over three years. WKYT’s Darnell Crenshaw explains how the challenge and app aim to save lives. Four winners will be announced in April, with $2,000 for the top prize | WKYT

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Micromobility

Bike-sharing has failed to achieve inclusive urban transport. While some cities focus on income, women, people of color, and other groups remain underrepresented. Community bike shops, through initiatives like free repairs and inclusive training programs, successfully engage marginalized communities. By partnering with these shops, the bike-sharing industry can address these shortcomings, improve ridership diversity, and train a more diverse workforce | ZAGDaily

Urban Sharing, Cycling Industries Europe, and Pashley drive micromobility innovation through the 2024 European Declaration on Cycling, bike refurbishments, flexible operational models, and Urban Crew v2.0. Challenges addressed include disorganized parking, outdated processes, unpredictable rentals, and vandalism, shaping future urban mobility ecosystems | ZAGDaily

Denver's successful e-bike voucher program, spearheaded by the Department of Transportation and Infrastructure, incentivizes residents to purchase electric bicycles. Over 9,000 vouchers have been redeemed, reducing car usage and improving air quality. The program targets low-income residents, addressing transportation inequities. While challenges like safety and infrastructure remain, e-bikes offer a promising path towards sustainable urban mobility | Mother Jones

Swiss company Micro introduces the Microlino Spider, an all-electric, open-door “anti-pickup truck” designed for U.S. golf cart communities, resorts, and walkable villages. Targeting solo trips, it counters America’s oversized SUVs, posing rising risks to pedestrians and cyclists | The Verge

Product Launches & Updates

Tesla’s refreshed Model Y, the "Juniper," debuts in Asia Pacific with sleeker styling, Cybertruck-inspired lighting, ventilated seats, a rear-seat display, and a steering stalk. Offering up to 342 miles WLTP range, it ships to China in March 2025, U.S. later. | Engadget

Hyundai's Inster EV, its cheapest, launched in Japan. Priced at $18,000, it competes with BYD's Dolphin and Nissan's Sakura. Previously, Hyundai re-entered the Japanese market in early 2022, introducing models like IONIQ 5 and Kona Electric. The Inster, successful in Korea as the Casper Electric, aims to boost Hyundai's market share in Japan | Electrek

Heybike, known for entry-level e-bikes, unveiled the ALPHA mid-drive e-bike at CES. Powered by a MiVice X700 motor with a torque sensor, the ALPHA offers improved hill-climbing and a more natural ride than hub-motor models. Despite a claimed 60-mile range, the ALPHA includes practical features like a rear rack and fenders. Proper shifting technique is crucial for mid-drives. Competitive pricing will be key for market success | Electrek

Segway launched two e-bikes at CES 2025: the off-road Xyber ($2,999.99) with powerful specs and a road-legal version arriving later, and the versatile Xafari ($2,399.99), featuring adjustable suspension, removable battery, and practical storage. Both include Segway’s Intelligent Ride System | TechCrunch

Pebble, founded by Bingrui Yang, unveiled the 25-foot all-electric Pebble Flow RV at CES 2025, starting at $109,500. Built in Fremont, California, it features customization options, automation with Nvidia’s Drive Orin, and a remote-controlled hitch. Production begins in early 2025 | TechCrunch

Honda's 0 Series EVs, including the 0 SUV and 0 Saloon, launch in 2026. Powered by the in-house Asimo OS, they feature unique designs, Level 3 autonomy, and a single, powerful ECU. | The Verge

Ridehailing, Carsharing & Delivery

Waymo and Zeekr, partnered since 2021, developed the Zeekr RT robotaxi, revealed in 2022. Testing began in 2024, with prototypes equipped with 13 cameras, 4 lidar, 6 radar, and sensor-cleaning systems. At CES 2025, Zeekr announced mass production, with testing in San Francisco and Phoenix | TechCrunch

Uber partners with Nvidia, using Cosmos and DGX Cloud to accelerate AV development. Cosmos simulates realistic environments for AI training. 2 Uber previously pursued in-house AV development, including with Carnegie Mellon University's National Robotics Center, facing challenges. Now, Uber focuses on partnerships with companies like Waymo and Aurora Innovation, deploying AVs cautiously, as seen in the limited initial rollout in Austin and Atlanta | TechCrunch

Lyft offers a $1.50 ride credit for January rides within NYC's Central Business District. This credit applies to both Lyft and Citi Bike rides. Riders already pay multiple fees, including the $2.50 Airport Fee, $2.75 MTA Congestion Fee, 8.875% Sales Tax, and 2.75% Black Car Fund Fee. Lyft aims to ease the impact of the new $1.50 congestion fee | Lyft Newsroom

Vay, a Berlin-based remote-driving tech company, plans to expand its Las Vegas fleet to 100 vehicles by 2025. It has secured an 8,500-square-foot production facility, offering affordable remote driving services for cars, trucks, and autonomous vehicles. Since launch, Vay has completed 6,000 trips and is hiring remote drivers, training them at its Vay Remote Driving Academy | Tech.eu

Investment & Deals

A Delaware judge approved a settlement requiring Tesla directors—Robyn Denholm, Larry Ellison, Kimbal Musk, and James Murdoch—to return up to $919 million following a 2020 lawsuit by the Police and Fire Retirement System of Detroit. The directors must repay $735 million in stock and options and forgo $184 million in pay. Three law firms will receive $176 million in fees, although Tesla sought a $64 million cap. Chancellor Kathaleen McCormick, who previously ruled against Elon Musk’s pay package, oversaw the case | TechCrunch

Trucks Venture Capital, a San Francisco-based firm specializing in transportation investments, launched a $70 million fund. With support from strategic partners like automotive suppliers and airlines, Trucks VC plans to invest in 30 early-stage companies, focusing on founders rather than specific technologies. Their portfolio includes companies like Treehouse, JetZero, and Carvis | TechCrunch

Serve Robotics raised $80 million to expand its robot delivery fleet to 2,000 units by 2025. This funding will improve cash flow by eliminating equipment financing. Serve currently operates 100 robots in Los Angeles with Uber Eats and 7-Eleven. They partnered with Wing for a drone-robot delivery trial in Dallas. The company expects to achieve operational profitability upon full fleet utilization | TechCrunch

Hyundai Motor Group will invest over $16.6 billion in 2025 to advance EVs, technology, and R&D, focusing on electrification, SDVs, and next-gen products. This includes new EV plants in Ulsan and Georgia, the IONIQ 9 production, and selling vehicles on Amazon | Electrek

NXP Semiconductors is acquiring TTTech Auto for $625 million in cash. Based in Vienna, TTTech Auto develops systems for software-defined vehicles (SDVs). NXP's CoreRide platform, launched in March 2024, enhances SDV transformation. Pending approvals, TTTech Auto’s assets, team, and IP will integrate into NXP's automotive division | Tech.eu

Mayten, a Brussels-based mobility tech company founded in 2018, acquired a majority stake in US-based Micromobility Industries, known for its EV conferences, podcast, and YouTube. CEO Prabin Joel Jones takes charge, with co-founders Horace Dediu and James Gross remaining involved | ZAGDaily

New Products, Features, and Data Points

Yadea, the world's leading electric vehicle manufacturer, launched an electric motorbike with HuaYu sodium-ion batteries. These batteries offer 15-minute 80% charging and enhanced safety. Although currently lower in energy density than lithium-ion, advancements are rapidly closing the gap. Yadea's adoption of this technology could significantly impact the electric vehicle industry, promoting the use of safer, more sustainable sodium-ion batteries | Electrek

Bosch eBike Systems is set to unveil new technology at CES 2025, possibly focusing on enhanced e-bike battery safety, such as potted batteries for durability in tough conditions, or theft-prevention features like GPS tracking and tamper-proof locks | Electrek

BMW's new iDrive system, debuting in the X-class SUV on the Neue Klasse platform, features a 3D heads-up display replacing the traditional gauge cluster. It integrates navigation and driver-assistance, offering a personalized experience through edge AI and large language models. The system includes a customizable infotainment screen with an app store | The Verge

Goodyear’s SightLine smart tire technology will enhance Automatic Emergency Braking (AEB) in low-friction conditions like rain, snow, and ice, with capabilities up to 50mph. Designed to meet 2029 U.S. AEB regulations, SightLine will integrate friction and tire wear detection, aiding automakers | The Verge

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Cities & Policy

The Colorado Safe Parking Initiative, which helped unhoused individuals park safely and access services, is ending in 2024 due to lack of funding. Despite its success, including partnerships with local organizations, federal and local funds dried up. While the need for safe parking remains high, with over 800 people identified as living in vehicles in Denver, the program's closure highlights the urgent need for sustainable solutions to address homelessness | CBS News

A Tesla Cybertruck exploded outside the Trump International Hotel in Las Vegas on New Year's Day, causing one death and injuring seven others. Authorities found fireworks and fuel canisters in the vehicle, linking the explosion to a detonation system controlled by the driver. While no further threats were found, the incident highlighted safety concerns. Tesla confirmed the explosion was unrelated to the vehicle’s design, as external explosives were involved | The Verge

California's new law, effective January 1, 2025, clarifies which electric bikes are street-legal. E-bikes that can exceed 20 mph on motor power alone or have over 750 watts of power, or lack operable pedals, are no longer classified as electric bicycles. These vehicles can still be used on private property or, if registered, as mopeds. This aims to regulate high-power e-bikes and ensure safety while promoting efficient transportation alternatives | Electrek

Sen. Linda Coleman-Madison proposes a $5 annual vehicle registration fee to fund Alabama’s Public Transportation Trust Fund, potentially generating $26 million annually. The funds would expand transit access, enabling job connectivity and boosting the economy, with every $1 million invested creating 40 jobs. Rural and urban counties would benefit. The bill faces challenges in the Republican-controlled legislature, but advocates highlight its transformative impact on jobs, healthcare access, and education for underserved communities | Alabama Reflector

A New Year’s resolution to use public transit could benefit personal finances, health, and the environment. While only 3.1% of Americans currently commute via transit, experts highlight its advantages, including reduced costs, exercise, and lower greenhouse gas emissions. Behavioral studies suggest habit changes, like trying transit, can improve life satisfaction. Encouraging experimentation with commuting methods could help shift reliance from cars, promoting sustainable practices and boosting satisfaction for urban residents | Bloomberg

Micromobility

California-based SUPER73 faces a lawsuit over its e-bikes' app-enabled speed settings, allegedly violating state laws. The bikes, advertised as legal Class 2 e-bikes, can be unlocked to exceed legal speed limits, raising safety and regulatory concerns. The company has updated its app to comply with 2025 regulations, restricting bikes to Class 2 mode. This case highlights challenges in balancing innovation, user flexibility, and adherence to evolving e-bike laws and safety standards | Bike Mag

Bike Durham activists created a temporary "present-protected" bike lane with gift-wrapped boxes to promote safer cycling during Christmas. This act of tactical urbanism highlighted the need for better bike infrastructure in Durham, where progress lags behind cities like Raleigh and Charlotte. Despite challenges, including restrictive state laws, Bike Durham continues to push for safer streets, bolstered by recent voter approval of a $115-million bond for street and sidewalk improvements | StreetsBlog USA

Product Launches & Updates

Tesla's Cybertruck, its first new model since 2020, failed to boost 2024 sales as annual deliveries dropped 2.2% to 1.77 million vehicles. Despite price cuts, only 85,133 "other models," including the Cybertruck, were delivered. Tesla faces challenges reaching new buyers and missed its 50% growth goal. With plans for cheaper vehicles uncertain and layoffs restructuring the company, Tesla is in a transition between growth phases | TechCrunch

Hyundai unveiled the Creta Electric SUV, its first localized EV in India, with a range of up to 293 miles. Borrowing IONIQ-inspired design elements, it features Active Air Flaps, Aero Alloy Wheels, and fast charging capabilities (10% to 80% in 58 minutes). Available in four models and various colors, it offers advanced features like vehicle-to-load technology and a digital key. Pricing starts around $25,000, with an official launch on January 17, 2025 | Electrek

ONYX Motorbikes has relaunched with the limited edition RCR LTD electric moped, featuring a 15 kW motor, 120-mile Eco mode range, and a top speed of 55+ mph. Priced at $4,299, it boasts a 3,240 Wh battery, unique holographic design, and smartphone monitoring. Only 100 units are available, making it a collector’s item. Standard production models are expected in spring, marking ONYX’s return after a year of challenges and setbacks | Electrek

Ridehailing, Carsharing & Delivery

The Drivers Cooperative challenges Uber and Lyft by offering drivers 80% of fares and equity stakes for as little as $200. Launched in Colorado with over 4,000 drivers, the co-op emphasizes transparency, better pay, and improved insurance coverage. Expanding nationally, it aims to empower drivers and counter low wages and safety issues in ridesharing. Despite financial hurdles, the cooperative seeks to redefine fair treatment for rideshare workers worldwide | Jacobin

Elon Musk's 2024 promises for Tesla include launching autonomous Cybercabs by 2025–2026, with production goals of 2 million units annually. He also envisions an unsupervised ride-hailing service using Tesla vehicles by 2025 and limited production of the humanoid Optimus robot. Despite Tesla’s history of missed deadlines, Musk continues to push ambitious goals, aiming to revolutionize autonomy and expand Tesla’s influence across the ride-hailing and robotics sectors | TechCrunch

Hertz is offering EV renters the option to purchase their rental vehicles, like Teslas and Chevy Bolts, at competitive prices. This strategy, confirmed by Hertz, aims to boost car sales while addressing reduced rental demand for EVs. Buyers receive a limited 12-month warranty and a buy-back option. Hertz’s shift follows challenges with EV repairs and maintenance, highlighting the evolving dynamics in electrifying rental fleets and the push for sustainable mobility solutions | The Verge

A Waymo robotaxi collided with a Serve delivery robot at a Los Angeles intersection on December 27. The Serve bot, under remote supervision, entered the vehicle lane as the Waymo turned, resulting in minor contact. Neither vehicle was damaged, and no passengers were involved. Both companies are collaborating to prevent similar incidents, highlighting the growing need to address liability and safety concerns as autonomous vehicles increasingly share public roads | TechCrunch

Lyft is suing San Francisco, claiming the city overcharged $100 million in taxes by misclassifying driver earnings as company revenue. The dispute stems from how the city calculated taxes from 2019 to 2023, based on passenger payments. Lyft argues that drivers are its customers, not employees, and the issue reflects broader concerns about gig economy firms and worker classification, highlighting ongoing regulatory challenges in the sector | Bloomberg

Investment & Deals

Volocopter filed for insolvency, seeking restructuring to secure funding for its 2025 market entry. Despite raising $544.4 million from investors like Daimler, Geely, and Sumitomo Corp, recent fundraising fell short. The company’s provisional insolvency proceedings aim to attract new investment, guided by administrator Tobias Wahl. Known for pioneering eVTOL aircraft, Volocopter plans to continue operations and remains optimistic about its market leadership, despite financial challenges and uncertainty in the European eVTOL industry | Tech.eu

Solaris signed its first U.S. contract with King County Metro in Seattle for the delivery of four battery-electric buses, with an option for 12 more. This deal marks Solaris’ entry into the North American market, aligning with its 2026 Strategic Plan. The buses, featuring advanced zero-emission technology, will arrive in late 2026. This partnership supports King County’s zero-emission goals and expands sustainable transit options in North America | Electric Car Reports

Volkswagen’s joint venture with SAIC Motor sold over 130,000 ID electric vehicles in China in 2024, marking a 24% increase from 2023 and securing the title of best-selling joint venture EV series. The ID.3 led as the top A-class hatchback. SAIC-VW plans to launch 18 new models in China by 2030, including EVs and hybrids, supporting Volkswagen’s "In China, for China" strategy to compete in the growing EV market | Electrek

New Products, Features, and Data Points

Apple's promised next-gen CarPlay, announced in 2022 and slated for 2024, remains absent in vehicles. While some automakers, like Porsche and Aston Martin, hinted at adoption, no clear timelines have emerged. Resistance from companies like GM, prioritizing control over their systems, adds to delays. Despite limited updates, such as map integration in instrument clusters, Apple's vision for dashboard-wide functionality faces uncertain implementation, leaving its future in question | The Verge

Volkswagen Group’s Cariad software unit exposed sensitive data from around 800,000 vehicles, including precise location details for 460,000 cars, for months. The leak affected electric Audi, Seat, Skoda, and Volkswagen models across Europe. The issue, revealed by researchers at a Chaos Computer Club event, has since been resolved, with no evidence of unauthorized access. Cariad continues to face challenges, including delays and restructuring efforts | TechCrunch

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Cities & Policy

California dealerships are challenging Volkswagen's new Scout EV brand for bypassing traditional franchise models, citing violations of state franchise laws. Scout intends to use a direct-sales approach like Tesla and Rivian, excluding dealerships from the process. Dealers argue that Volkswagen cannot operate both a dealership and direct-sales model under California law. This dispute highlights ongoing tensions between traditional dealerships and electric vehicle companies with alternative sales methods, impacting the future of car sales in the state | Green Car Reports

Mexico City is increasing its mobility and security budgets to prepare for hosting the 2026 FIFA World Cup. The mobility budget will rise to nearly 7 billion pesos, focusing on stadium access and new transit lines. Security measures include 600 million pesos for subway cameras. Additional funds target public works, water management, and social programs. Finance Minister Juan Pablo de Botton emphasized fostering safety, efficiency, and sustainability for residents and visitors alike | Bloomberg

Rivian is facing scrutiny over workplace culture following lawsuits alleging harassment by top executives and inadequate HR responses. Employees accuse leaders of creating a toxic environment, including physical and verbal abuse. The company has settled multiple harassment and discrimination cases while stating its commitment to workplace integrity. These issues echo past criticism, including a 2021 lawsuit over gender discrimination, highlighting ongoing challenges in addressing internal misconduct and fostering a safe, inclusive work culture | TechCrunch

The National Highway Traffic Safety Administration (NHTSA) unveiled a framework to ease rules for fully driverless cars through the AV STEP program, promising faster exemptions for vehicles without traditional controls. However, companies must provide more data to enhance transparency and public trust. While safety advocates criticize the move as premature, the framework marks a pivotal step in federal oversight, potentially boosting autonomous vehicle adoption amid ongoing regulatory and political uncertainties | The Verge

Senators Elizabeth Warren, Jeff Merkley, and Josh Hawley criticized automakers for opposing right-to-repair laws while profiting from selling customer data without consent. They called the stance "hypocritical" and profit-driven, urging automakers to drop their opposition and improve data privacy practices. Right-to-repair advocates argue automakers limit independent repair access, harming competition. The senators emphasized consumer choice, fair competition, and transparency, challenging automakers to end restrictive practices that exploit car owners and repair shops | The Verge

California’s $2,000 e-bike voucher program aims to help low-income residents access sustainable transportation but faces criticism from a hedge-fund-owned media group. Opponents cite safety concerns and limited voucher availability, yet overlook e-bikes’ ability to reduce car reliance, traffic, and emissions. Advocates highlight the program’s potential to improve air quality, promote equity, and support marginalized groups. While imperfect, supporters argue the solution is to enhance—not cancel—this initiative that benefits the public | Electrek

Micromobility

Shared micromobility operators are finding profitability through strategic approaches like high vehicle utilization, efficient operations, and advanced technology. Companies like Swing, Ryde, and Tier-Dott highlight success through durable scooters, focused growth, and strong user experiences. Segway supports this shift with AI solutions, long-lasting vehicles, and sustainable practices, reducing costs and environmental impact. Experts predict major players could achieve profitability by 2025, signaling a scalable and sustainable future for shared micromobility | ZAGDaily

Onyx Motorbikes has been revived by founder Tim Seward, a year after the sudden death of its previous owner, James Khatiblou, left the company in financial and operational chaos. Seward announced the comeback on LinkedIn, supported by new backers. The relaunch includes selling around 100 RCR electric dirt bikes. While legal and debt issues persist, this marks a fresh start for the cult-favorite brand known for its retro designs and powerful e-bikes | TechCrunch

Product Launches & Updates

Kia introduced the Syros SUV, currently gas-powered, with plans to launch an electric version in early 2025. The Syros EV will share its platform with Hyundai’s Inster EV, offering a range of up to 355 km. Priced between $17,500 and $23,500, the Syros EV will maintain the same design as its gas counterpart. Kia aims to boost sales, targeting up to 60,000 units of its affordable EVs by 2026 | Electrek

Several major transportation projects faced setbacks in 2024. Apple canceled its long-rumored car project, while EV startups like Fisker and Arrival declared bankruptcy amid financial troubles. Autonomous vehicle ventures also struggled, with Cruise losing GM funding and Ghost Autonomy shutting down. Even promising sectors like e-bikes and vertical takeoff aircraft saw closures, such as Cake and Lilium. These failures highlight shifting market demands and challenges in sustaining innovation in transportation | TechCrunch

Hyundai will provide free CCS-to-NACS adapters to its EV customers starting early 2025, enabling access to Tesla's 20,000+ Supercharger stations. Eligible vehicles include the Ioniq 5, Ioniq 6, and Genesis models purchased before January 31, 2025. Additionally, the 2025 Ioniq 5 will feature a native NACS port for seamless charging. Customers can request adapters via the My Hyundai portal, with Kia offering a similar program for its EV owners | The Verge

The 2025 McLaren Artura redefines hybrid supercars with a starting price of $254,000. Combining a twin-turbo 3.0-liter V6 engine and an electric motor, it delivers 690 horsepower, a top speed of 205 mph, and 19 miles of electric-only range. Its lightweight design and advanced tech offer a seamless driving experience, including all-electric mode and reverse motor use. The Artura blends performance, efficiency, and daily practicality, setting a new benchmark for hybrid innovation | The Verge

Sixthreezero’s ANYterrain Stabilized 4-wheel Electric Bike introduces a stable, innovative design with four wheels for added balance and a low center of gravity. Powered by a 750W motor, it reaches speeds of 20 mph and supports up to 350 lbs. Features include fat tires for off-road comfort, leaning geometry for smooth turns, and a 960Wh battery offering up to 50 miles of range. A reverse mode adds convenience, making it versatile for various uses | Electrek

Ridehailing, Carsharing & Delivery

Lyft has sued San Francisco, alleging the city overcharged it $100 million in taxes by misclassifying driver earnings as company revenue from 2019 to 2023. The company claims this tax calculation violates its rights and misrepresents its business model, which treats drivers as independent contractors. This dispute highlights ongoing regulatory challenges for gig economy firms like Lyft and Uber, emphasizing broader debates over taxation and worker classification in the sector | Bloomberg

Hertz is scaling back its investment in electric vehicles after struggling with its Tesla fleet. The company began selling off its Teslas at steep discounts, citing financial losses and a lack of charging infrastructure. Despite a bold move to acquire 100,000 Teslas in 2021, Hertz faced challenges with customer adoption due to limited charging stations. Critics argue that poor execution and infrastructure issues led to the company's shift away from EVs, highlighting ongoing struggles in the electric vehicle market | SFGate

Hertz is offering renters the chance to purchase the electric vehicles (EVs) they are renting, including Teslas, Polestar 2s, and Chevy Bolts, at discounted prices. This move, aimed at connecting rental customers with sales options, includes cars with limited warranties and a buy-back option. Despite earlier plans to scale back its EV fleet due to low demand, Hertz continues to explore ways to integrate its rental and sales operations, offering buyers unique opportunities | The Verge

Hertz is offering renters the chance to buy its used Tesla cars, including Model 3s, as part of an effort to reduce its electric vehicle inventory. After a significant drop in Tesla values, Hertz aims to sell around 20,000 Teslas. Offers, such as one for a 2023 Model 3 with 30,000 miles priced under $18,000, are being sent to renters. This move helps Hertz mitigate losses amid challenges in selling used Teslas | Electrek

Lilium, an electric air taxi startup, was saved by Mobile Uplift Corporation, a consortium of investors, after the company shut down and laid off 1,000 employees. The investors agreed to acquire Lilium's assets, and the company plans to restructure and exit insolvency. Lilium’s technology will remain intact, and the new owners aim to rehire laid-off workers, though not all may be brought back. The deal is expected to close in January, enabling a restart of operations | Techcrunch

Investment & Deals

Honda and Nissan have signed a memorandum to merge, aiming to become the third-largest carmaker globally, behind Toyota and Volkswagen. Mitsubishi Motors is also in talks to join the merger, potentially creating a company worth over $50 billion. The deal, focused on competing in the electric vehicle market, will combine resources to enhance innovation. The merger could be finalized by August 2026, with Honda leading the management. The merger seeks to address industry challenges and global competition | The Verge

China’s CATL, the world’s leading battery manufacturer, plans to list on the Hong Kong Stock Exchange by issuing offshore H-shares. The move, aimed at expanding its global strategy and enhancing competitiveness, has received board approval but awaits regulatory approval. With a 37% market share in EV batteries, CATL is looking to strengthen its position amid the ongoing price war in China’s EV sector, following a boost in third-quarter profits | Reuters

Volkswagen AG has reached an agreement to restructure its operations, aiming to become the technology leader in volume manufacturing by 2030. This includes reducing production capacity by 734,000 units, cutting over 35,000 jobs in Germany, and lowering labor costs by €1.5 billion annually. The agreement, expected to save over €15 billion annually, will help Volkswagen invest in future products while maintaining competitiveness. The company aims to ensure job security and continued production in Germany | Volkswagen

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Product Launches & Updates

Honda is reviving the Prelude as a hybrid sports coupe, arriving in the US in late 2025. Featuring the debut of Honda's S+ Shift drive mode for enhanced driver engagement, the Prelude pairs two electric motors with an internal combustion engine for efficiency and performance. This marks Honda's focus on hybrids as a bridge to full EVs, aligning with its carbon-neutral goals while capitalizing on its hybrid expertise and market demand | The Verge

Honda will showcase two new EV prototypes from the 0 Series at CES 2025, with a global release planned for 2026. The models highlight Honda's "Thin, Light and Wise" approach, emphasizing advanced features like a proprietary vehicle operating system, automated driving technologies, and Software Defined Vehicles. Honda will also reveal a new energy service aimed at achieving carbon neutrality, marking a significant step in sustainable transportation | Electric Car Reports

According to CEO Stephan Winkelmann, Lamborghini has postponed its first electric vehicle launch to 2029, citing market readiness concerns in the luxury sports car segment. Initially planned for 2028, the EV aligns with Lamborghini's measured approach to electrification. While rivals like Ferrari aim to debut EVs earlier, Lamborghini believes the market for high-performance electric sports cars will mature closer to 2029, ensuring the brand meets expectations for innovation and performance | Reuters

The 2025 Lucid Air Pure offers a luxurious experience at $69,900, combining a sleek design, 420-mile range, and fast charging capability. Its spacious, tech-enhanced interior impresses with features like a curved cockpit and premium sound. However, improvements are needed in voice assistance, navigation, and driver monitoring. With iterative updates and solid performance, the Air Pure remains a strong Tesla Model S competitor, promising future enhancements through over-the-air updates for greater value | TechCrunch

Ridehailing, Carsharing & Delivery

Wing and DoorDash debuted the first drone delivery service in US shopping malls at two Dallas-Fort Worth locations. Customers can order from 50+ stores via DoorDash and receive items within 15 minutes. Drones operate at 65 mph, using a winch system for deliveries. This service enhances DoorDash's capabilities and leverages Wing's expertise, with plans for broader applications after ensuring success at these pilot sites | ZAGDaily

A study by Waymo and Swiss Re shows Waymo's robotaxi platform achieves 88% fewer property damage claims and 92% fewer bodily injury claims than human drivers over 25.3 million autonomous miles. Even against newer vehicles with advanced safety features, Waymo excelled. These findings highlight the platform's strong safety performance, addressing public concerns about autonomous vehicles and reinforcing their potential to enhance road safety significantly | Electrek

Tesla is in talks with Austin officials about launching its autonomous robotaxi fleet, which will potentially start in Texas next year. The company aims to meet safety guidelines and train first responders while evaluating deployment options. Although competitors like GM's Cruise faced setbacks, Tesla's prototype Cybercab highlights its ambition. With fewer regulatory hurdles in Texas, Tesla's plans signal a push for broader adoption of autonomous vehicles despite ongoing public and safety concerns | Bloomberg

General Motors has shut down its Cruise Robotaxi unit following safety issues and financial losses. Meanwhile, Tesla is doubling down on its robotaxi plans, unveiling a new prototype and advocating for deregulated autonomous vehicle policies. This shift highlights two approaches to self-driving tech: fleet-based transportation versus private autonomous vehicles. The contrasting strategies reflect evolving visions for the future of mobility, balancing innovation, regulation, and public acceptance | The Guardian

Grubhub will pay $25 million to settle an FTC lawsuit accusing it of misleading customers, deceiving drivers, and harming unaffiliated restaurants. Allegations include hidden fees, inflated driver pay claims, and unauthorized restaurant listings. The settlement requires Grubhub to disclose full delivery costs, eliminate "junk fees," and restrict false earnings claims. Refunds will go to affected customers, while Grubhub denies wrongdoing, stating the settlement helps the company move forward | The Verge

While US companies like GM and Ford scale back their robotaxi projects, China's Pony.ai is rapidly expanding its fleet from 250 to 1,000 vehicles by 2025. Cheap EVs, supportive regulations, and strong government incentives drive this growth. Despite challenges, China's aggressive approach is positioning it ahead in the robotaxi race, while the US faces regulatory and trade hurdles that may slow its own development in autonomous vehicles | The Verge

Waymo will begin testing its autonomous robotaxis in Tokyo in early 2025, marking its first international expansion. Partnering with GO and Nihon Kotsu, Waymo will map key Tokyo areas and gradually test fully autonomous driving. This move is part of Waymo's global program to refine its technology in diverse environments. The decision follows GM's recent pullback from its robotaxi plans in Japan | TechCrunch

As school districts cut back bus services due to driver shortages, parents are turning to ride-hailing and carpooling apps like Piggyback Network. Founded in Chicago, the app connects parents for shared school commutes. Alternatives like HopSkipDrive and Kango also address transportation gaps, contracting directly with schools. These services emphasize safety and independence for students but highlight a broader challenge: the decline of traditional bus systems and its impact on families | Associated Press

Empower, a ride-hailing start-up challenging Uber and Lyft in Washington, D.C., has grown to claim 10% of the market with 100,000 weekly rides. Offering lower fares and higher driver earnings, Empower operates illegally, refusing to register with regulators. It faces $100 million in fines, a cease-and-desist order, and a lawsuit. Despite risks, Empower plans to expand, sparking debates over safety, legality, and its disruptive business model | The New York Times

Volkswagen Group and PowerCo have invested $48 million in Canadian lithium company Patriot Battery Metals, acquiring a 9.9% stake. The deal secures 100,000 tonnes of lithium concentrate annually for 10 years, supporting PowerCo's battery cell factories in Europe and North America. The partnership aims to enhance ESG standards, explore sustainable lithium supply chains, and advance Patriot's Shaakichiuwaanaan Project, one of the largest lithium resources in the Americas, ensuring long-term raw material security | Electric Cars Report

Investment & Deals

Toyota has received a $4.5 million grant from the US Department of Energy to improve EV battery sustainability. Led by the Toyota Research Institute of North America, the project focuses on automating battery disassembly, recycling, and extending material life. Partnering with Oak Ridge and National Renewable Energy Laboratories, it aims to reduce waste and create a "3R facility" for reuse, recycling, and refurbishing batteries. This innovation supports a more sustainable, circular EV battery supply chain | Electrek

Ford's joint venture, BlueOval SK, secured a $9.63 billion DOE loan to build three advanced EV battery plants in Tennessee and Kentucky. These factories will produce over 120 GWh of batteries annually, supporting Ford's EV growth and creating 7,500 jobs. The largest loan under the ATVM program, it highlights the Biden administration's focus on domestic EV manufacturing and aligns with the goal of making half of US vehicle sales zero-emission by 2030 | Electrek

Czech hybrid VTOL developer Zuri secured €3 million in pre-Series A funding totaling €4.4 million to accelerate its next-gen aircraft development. Founded in 2017, Zuri focuses on sustainable mid-range air travel using hybrid VTOL technology powered by Sustainable Aviation Fuel. The funds will advance its TD 2.0 demonstrator, featuring a hybrid powertrain, tiltrotor capability, and improved design. Led by Pale Fire Capital, the round supports Zuri's mission to redefine VTOL mobility | Tech.eu

German aircraft maker VÆRIDION raised €14 million, led by the World Fund, to advance its zero-emission Microliner prototype. Aimed at affordable regional flights by 2030, the nine-seater aircraft integrates advanced battery-wing technology for quiet, efficient travel. Certification is underway, with prototype flights set for 2027. Partnerships include Denmark's Copenhagen AirTaxi and Germany's Aero-Dienst. The funds will accelerate development, expand the team, and support plans for consumer and air ambulance applications | Tech.eu

Slip Robotics secured $28 million in Series B funding, led by DCVC, to expand its robotic platform to load a truck in just five minutes. Founded in 2020, the Atlanta-based company offers a robot-as-a-service model with SlipBots, capable of carrying 12,000 pounds. Serving customers like John Deere and Nissan across 25+ sites, Slip plans to use the funds to scale operations, hire staff, and enhance its innovative logistics solutions | TechCrunch

Slip Robotics secured $28 million in Series B funding, led by DCVC, to expand its robotic platform to load a truck in just five minutes. Founded in 2020, the Atlanta-based company offers a robot-as-a-service model with SlipBots, capable of carrying 12,000 pounds. Serving customers like John Deere and Nissan across 25+ sites, Slip plans to use the funds to scale operations, hire staff, and enhance its innovative logistics solutions | TechCrunch

South Korea's antitrust watchdog has fined Kakao Mobility $10.5 million for restricting competitors' access to its taxi-hailing app, down from an initial $50.3 million. The company allegedly demanded fees or sensitive data from rivals like Uber and TADA to maintain dominance, growing its market share to 96% by 2022. Kakao plans to contest the decision, emphasizing support for fair competition while facing separate fines for suspected accounting fraud | TechCrunch

Honda and Nissan are discussing a potential merger to address challenges in the electric vehicle (EV) market, including competition from Tesla and BYD. The plan involves creating a joint holding company, which may include Mitsubishi. With earnings down 90% in 2024, Struggling Nissan seeks stability through collaboration. Honda aims to expand its EV lineup, including the Honda Zero platform. This partnership could bolster their position in the rapidly evolving global EV industry | The Verge

Cities & Policy

Quebec has passed a law banning the sale of gasoline-powered vehicles starting in 2035, with stricter rules than Canada's national plan. The law also prohibits hybrids and plug-in hybrids. Quebec, leading Canada in EV registrations, benefits from strong government incentives and a renewable energy grid. The law aims to phase out combustion engines entirely by 2035, with potential adjustments based on market progress, making Quebec a key player in the EV transition | Electrek

The Trump administration is considering eliminating a rule requiring automakers, including Tesla, to report crashes involving autonomous and driver-assist systems. This rule, which has led to scrutiny of Tesla's Autopilot, aims to increase transparency on the safety of new technologies. Scrapping it would benefit Tesla, which has reported the most crashes under this rule. The change could reduce regulatory pressure and support Tesla's push for more autonomy in vehicles | The Verge

The EPA has approved California's plan to ban most new gas and diesel cars by 2035. The phase-out will start in 2026, requiring 35% of car sales to be zero-emissions vehicles, rising to 68% by 2030 and 100% by 2035. The incoming Trump administration could reverse the decision, which had previously revoked California's emissions standards. Sixteen other states have adopted similar plans to phase out fossil fuel vehicles | TechCrunch

Safe parking programs offer temporary shelter and support to people experiencing homelessness by providing secure overnight parking spaces. These programs, active in cities like Duluth and Los Angeles, offer resources like sanitation, Wi-Fi, and social services, helping individuals regain stability. While not a long-term solution, they provide critical support, especially for those who have some income but need assistance transitioning to permanent housing | Smart Cities Dive

New Products, Features, and Data Points

Rivian's latest software update brings YouTube, Google Cast, and SiriusXM to its R1S and R1T vehicles. These apps, available while parked, enhance the in-vehicle experience. Google Cast lets owners stream over 3,000 apps to the center console screen. The update also includes features like scheduled climate control and improved highway assist, aimed at boosting comfort during long charging sessions and improving the overall driving experience | TechCrunch

GM and ChargePoint are partnering to install up to 500 fast EV chargers under the GM Energy brand by the end of 2025. The stations feature ChargePoint's Express Plus platform for charging speeds up to 500kW and Omni Port hardware, which are compatible with CCS and Tesla's NACS ports. This initiative is part of GM's broader efforts to expand EV charging infrastructure, including collaborations with EVgo and Flying J | The Verge

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