Wave of layoffs hits micromobility sector | July 01, 2022
Wave of layoffs hits micromobility sector | July 01, 2022
Plus, Porsche Ventures backs insurance startup Laka, and take a first glance at Hyundai’s new EV, the Ioniq 6 sedan.
Issue [#143] - Every week, we deliver analysis and curation of emerging mobility news - post a job listing here!
Micromobility
If you’re an e-bike company, we have three words for you...“USB-C Charging” / Electrek
The mobility industry is poised for explosive growth in the next decade. Mobility services like ride-hailing, car rental, and bike-sharing markets are expected to generate $660 billion in annual revenue by 2030 / Bloomberg
Superpedestrian and Voi join the latest micromobility layoffs with the former cutting 10% of its workers at headquarters and the latter cutting 7% of its global team / TechCrunch
New Lime Gen4 bikes with interchangeable batteries arrive in London / ZAGDaily
We bet you’ve never seen something like this extremely odd yet fully working bicycle / via @AvatarDomy2
Is the electric motorbike market poised for a boom in Asia? / BBC
Tesla lays off nearly 200 Autopilot employees and closes its San Mateo office / TechCrunch
Are you familiar with electric micro-bikes? Here’s everything you need to know about this fairly new class of micromobility vehicles / Electrek
Is banning shared electric scooters the solution? / StreetBlogs
Product Launches & Updates
Honda's first three-wheeled e-scooter could help combat urban congestion and climate change / Bloomberg
The 'ultra-luxury' Cadillac Celestiq electric vehicle is reportedly priced at around $300,000 / The Verge
Hyundai released the first images of the upcoming Ioniq 6 electric sedan / InsideEVs
Introducing the Eole X Pro, a full-suspension folding electric bike / Electrek
Ridehailing, Carsharing, & Delivery
Robots now play an increasingly important role in addressing both labor shortages and exploring new business opportunities in universities / TechCrunch
Here are five strategies for advancing urban last-mile delivery via micromobility / SmartCities
FedEx has received 150 electric delivery vehicles from BrightDrop, the GM startup that's decarbonizing last-mile delivery / GM Press Room
Autonomous vehicle company Cruise is now a commercial service! / The Verge
The all-electric rideshare program from Revel has expanded to Brooklyn / Teslarati
Uber and Lyft were accused last week of engaging in anticompetitive behavior by setting prices for riders and limiting their ability to accept rides without penalty / NY Times
Investment & Deals
Polestar raises $850 million via Nasdaq listing / Tech.eu
Laka, an e-mobility insurance company, has secured funding from Porsche Ventures, bringing its Series A investment to $13.5 million / Tech.eu
Gozem has raised $10M to expand its fleet of electric moto-taxis in West Africa / VentureBurn
Rohlik raised $231M in its Series D funding round despite the slowdown in the food delivery business / TechCrunch
Zipp Mobility has raised €6.1 million in funding to expand its e-scooter and e-bike operations across Europe / IrishTimes
Wingcopter raises above $60M in a Series A round led by German retail firm REWE Group / TechCrunch
UVeye enters into a strategic partnership with General Motors to develop, expand, and commercialize UVeye's high-speed inspection technology / PRNewswire
Cities & Policy
Motorists who drive in cycle lanes will face fines from Transport for London / The Guardian
This year, Einride will begin operating self-driving pods on public roads in the U.S. under an existing agreement with General Electric Appliances / TechCrunch
Tesla's former worker has rejected a $15 million payout from the automaker in the wake of a lawsuit claiming racial abuse at the Fremont, California assembly plant / TechCrunch
Pilot program for e-scooters in the Bronx to enter its second phase / CBSNews
New Products, Features, and Data Points
An over-the-air software update now brings Apple CarPlay to Polestar 2 electric sedan / The Verge
Bafang unveils new automatic hub gears for electric bikes / Electrek
What is the secret to Rimac's success? / TechCrunch
Jobs Board
Here’s a selection of job openings from our partners. Want to see your listing here? Reply to this email for pricing.
Back End Developer - Courial - United States (Remote)
HERE Protocol (Global):
Regional Leads (Latin America, SE Asia, Africa)
If you liked this post from Movements, why not share it? Forward it to a friend and we’ll send you some sweet karma!