SpaceX alumni nab $100M to rethink shipping with autonomous freight trains
Parallel Systems raised $100M to scale production of its autonomous electric rail vehicle, which can shuttle thousands of pounds of freight up to 500 miles.
Transportation
Uber is spending $2.3B to get into catering
It’s the latest in a string of deals meant to grow Uber Eats into a food delivery behemoth.
Flai’s AI dealership software is booking 50,000 appointments per month
Flai’s revenue has grown 20x in a year, and the company just closed a $27 million Series A funding round.
Lucid Motors’ EV output falls to lowest level in almost two years
The company is deliberately limiting production after years of struggling to find mass-market demand for its EVs.
TechCrunch Mobility: Reining in robotaxis
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, the role AI is playing in it.
Tesla sustains its EV sales momentum despite US troubles
The company delivered more than 486,000 EVs in the third quarter, down from last year’s record but moving in a positive direction.
Rivian’s R2 just helped it set a new sales record
Deliveries jumped roughly 45% compared to the same quarter last year, with Rivian delivering more than 19,000 EVs.
Rivian issues R2 recall for poorly tightened battery packs
The company says around 14 vehicles may be affected, and that it has resolved the issue on the assembly line.
Robotaxi operators will face fines for blocking first responders
A new California law places new rules on autonomous vehicles operators
Lyft is paying $272.5M to settle lawsuit over how it classified drivers
Today, gig economy drivers are classified as contractors. This settlement clears up a lingering lawsuit from 2020 when that was still an unanswered issue.