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Hey - type O ! Howdy readers and welcome back to The Station , your weekly newssheet on all thing transportation . I hope you revel the New Year ! I appreciate a bit of rest and recuperation , just in time forCES 2024 .
Yup , I ’m in Las Vegas , yet again , for the yearly tech patronage show . The Big Three U.S. automakers ( Ford , GMandStellantis ) wo n’t have expectant splashy displays and announcements as in retiring year . However , there will be plenty of automotive , and more broadly speaking , transfer companies and startups in attending . I will be on the hunt all week for challenging and innovative tech . bid me luck . ;D
Honda , KiaandVinFastare showing off EVs , Hyundai’sSupernal will let on an electric erect take - off and landing place vehicle andMercedeswill be focusing on software program and the in - cabin experience . AI is a theme that is popping up everywhere and perhaps surprising to some , hydrogen fuel will also have a bearing .
Stay tuned for our coverage this week .
Want to reach out with a tip , commentary or ailment ? Email Kirsten atkirsten.korosec@techcrunch.com . Reminder that you may drop us a distinction attips@techcrunch.com . If you choose to remain anonymous , click here to contact us , which includes SecureDrop ( instructions here ) and various encrypted electronic messaging apps .
Deal of the week
Join us at TechCrunch Sessions: AI
Exhibit at TechCrunch Sessions: AI
It ’s been a mo quiet the past few weeks , but there have been some slew worth sharing .
One of bank bill isGbike , a Seoul - based shared e - sea scooter and east - bikes operator that isgearing up to go publicon the Korean strain market and is reviewing acquirement object . founding father and CEO Walter Yoon told TechCrunch that the company is in talk for acquisitions in the micromobility industry to increase its mart parcel before its planned initial public offering , draw a bead on for early 2025 .
“ inside information have not been materialized yet , but we ’re currently looking at around three to five targets to acquire , ” Yoon say , adding that it has not decided how many acquisitions it will fill in .
Other deals that got my care …
Bumper , an auto repair financing startup based in London , conjure $ 18 millionin a round pass by AutoTech Ventures . Shell Ventures , InMotion Ventures , Porsche Ventures and Revo Capital also enter . Bumper also secured $ 30 million in debt .
Revfin , an Indian fintech startup that offers auto loans for galvanising two - wheelers and three - Sir Mortimer Wheeler , raise $ 14 millionin a Series B daily round go by Omidyar connection , the benevolent investment house from eBay father Pierre Omidyar .
Salt Creek CapitalacquiredVantage Vehicle International , a California - based maker of dispirited - speeding utility program vehicle .
Swap Energy , an Indonesian EV battery startup , raised $ 22 millionin a Series A one shot led by Qiming Venture Partners . GGV Capital and exist investor Ondine Capital also participate .
Notable reads and other tidbits
ADAS
ContributorTim Stevenstested the in advance number one wood assistance organisation in Tesla , BMW , Ford , GM and Mercedes . Here’show they pile up .
Autonomous vehicles
AuroraandContinentalpassed the first major vault in a $ 300 million project to produce M ofautonomous hardware kitsfor ego - driving trucks .
China’srobotaxi industry is face new headwinds — and a fleck of chariness after watching the drama at Cruise unfold . TC reporter Rita Liao does a deep nose dive onhow these startupsare coping .
Nurostruck a lot with rubber - focused software companyForetellixto assistant with practical examination of itsautomated driving system , in a bid to slue R&D price .
Electric vehicles, charging & batteries
2024 will be a crucial yr forIndia , as the country faces challenges to offer accessible increment capital to late - phase inauguration while trying to lure Tesla and other foreign EV maker to inscribe its domestic grocery store . Here ’s how the res publica willnavigate EVs in 2024 .
Fiskeris fight to see internal sales goals , documents show .
Riviandelivered10 % fewer EVsin the fourth quarter , compared to the third quarter , leaving investor worried about softening demand . Rivian did exceed its output end for 2023 , furnish some cocksure news for the EV shaper .
Superpedestrian’selectric scooters — more than 20,000 of them — will be auction offlater this month , along with other equipment from the startup ’s U.S. cognitive operation , after closing its doors December 31 . Also , do n’t miss this clause from TechCrunch about what Superpedestrian ’s demise means for thee - scooter industriousness .
Teslashipped arecord number of electric vehiclesin Q4 to facilitate it inch out its butt for the yr , thanks in part to the popularity of its cheapest vehicle .
TheU.S. governmentrevealed the list of EVs that qualify for the full federal taxation credit under the fresh , more stringent guidelines . Here ’s thequalifying EVs listand more details on what drove the modification .
VinFasthas earmarked an investing of up to $ 2 billion tobuild a factoryin India .
Cities
atomic number 43 reporterRebecca Bellanturned her attending to theoverlooked techthat keep cities moving in 2023 .
Uberhas quietly beentesting a flexible pricing servicein more than a dozen cities in India .
