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Friday, January 17, 2025

A rising EV startup star snags $100M and Tesla’s win-lose federal funding second


Welcome again to TechCrunch Mobility — your central hub for information and insights on the way forward for transportation. Join right here without spending a dime — simply click on TechCrunch Mobility!

Earlier than we transfer into the information of this week, we now have another roundup of transportation tech at CES 2025. As I famous final week, autonomous car tech was in all places. However there have been different themes, too. Test it out right here.  

Now, on to the most recent and best way forward for transportation tech information.

Slightly chook

blinky cat bird green
Picture Credit:Bryce Durbin

No little chook this week, however figured this was one of the best place to bid farewell to Hindenburg Analysis, the short-seller agency that investigated suggestions from whistleblowers and used its personal analysis to root out fraud in publicly traded firms. Hindenburg Analysis founder Nate Anderson posted a notice Wednesday that the agency is shutting down. 

Within the transportation and local weather tech worlds, Hindenburg is legendary for exposing Nikola Motors, Lordstown Motors, and billionaire Gautam Adani of The Adani Group, who was indicted over an alleged scheme to pay greater than $250 million in bribes to Indian officers in trade for contracts to a 12-gigawatt solar energy undertaking.

Obtained a tip for us? E mail Kirsten Korosec at kirsten.korosec@techcrunch.com, Sean O’Kane at sean.okane@techcrunch.com, or Rebecca Bellan at rebecca.bellan@techcrunch.com. Or take a look at these directions to learn to contact us through encrypted messaging apps or SecureDrop.

Offers!

money the station
Picture Credit:Bryce Durbin

Only a bunch of offers this week! Right here’s what stood out. 

Caramel, a startup that helps automobile sellers and patrons full the ultimate steps of the transaction, is being acquired by eBay. Phrases weren’t disclosed. 

EV startup Harbinger raised $100 million in a Collection B spherical co-led by early Tesla investor Capricorn Funding Group and Leitmotif, a brand new U.S. fund co-founded by the previous M&A head for Volkswagen. Additionally becoming a member of the spherical have been Tiger World and mobility enterprise agency Maniv, each of which have been current buyers.

Sarla Aviation raised $10 million in a recent funding spherical led by Accel and included angel buyers equivalent to Flipkart co-founder Binny Bansal, Zerodha co-founder Nikhil Kamath, and Swiggy co-founder Sriharsha Majety.

Tesla was a winner and a loser within the newest spherical of federal funding for electric-vehicle charging infrastructure. The Division of Transportation snubbed Tesla on its utility for $97 million to fund a big-rig charging hall from California to Texas. However Tesla, together with three different trade companions, ended up being awarded a separate $100 million in funding to construct electrical truck charging stations throughout Illinois. 

Shippeo, a startup that developed real-time monitoring software program throughout all modes of transport, raised $30 million in a funding spherical led by Toyota’s development fund Woven Capital. Battery Ventures, Partech, NGP Capital, Bpifrance Digital Enterprise, LFX Enterprise Companions, Shift4Good, and Yamaha Motor Ventures additionally participated.

Notable reads and different tidbits

Picture Credit:Bryce Durbin

Autonomous autos

Aurora Innovation is taking federal security regulators to courtroom in a case that facilities across the fairly commonplace follow of putting bodily warning triangles round semi vehicles stopped alongside highways. TL;DR: This might have far-reaching implications for self-driving truck firms working in a regulatory surroundings designed round people.

The U.S. Division of Commerce introduced a remaining rule that will ban the sale or import of linked autos from China and Russia resulting from nationwide safety issues. The rule would additionally bar Chinese language automobile firms, equivalent to WeRide and Pony AI, from testing self-driving automobiles on U.S. roads.

The Nationwide Freeway Visitors Security Administration closed its investigation into Cruise and whether or not the corporate’s robotaxis exercised acceptable warning round pedestrians. The company famous that Cruise had issued a recall on its software program and that the self-driving car subsidiary of GM had since ceased enterprise operations.  

Electrical autos, charging, & batteries

Arc Boats got here to CES 2025, and senior reporter Sean O’Kane took its Arc Sport boat for a pleasure experience on Lake Mead. Right here’s what he thought of the startup’s latest providing. 

Tesla revealed a new-look Mannequin Y meant for the Chinese language and different Asian Pacific markets, marking the primary main replace to the SUV since its launch in 2020.

Sean Duffy, President-elect Donald Trump’s nominee to move the U.S. Division of Transportation, thinks homeowners of electrical autos ought to pay to make use of roads. As reporter Rebecca Bellan explains, attaining that objective isn’t really easy. 

This week’s wheels

2025 Volkswagen ID. Buzz Pro S Plus
Picture Credit:Kirsten Korosec

Proper earlier than the vacations, I had an opportunity to get right into a manufacturing prototype of the 2025 Volkswagen ID. Buzz Professional S Plus. I plan to spend extra time driving the manufacturing model quickly, however for now listed here are a couple of ideas on this all-electric minibus that was priced at $69,595. 

I’ve been ready for this electrical minibus since 2017 when it was introduced by Volkswagen as an idea. This reimagined microbus had a near-impossible mission. It needed to be immediately recognizable and provides a nod to its iconic previous whereas paving a brand new futuristic and EV highway ahead. And in some ways, the ID. Buzz does that. It’s eye-catching; individuals stopped me consistently. It’s enjoyable whereas being sensible. And though it’s costlier than different minivans in the marketplace, it’s not utterly outrageous. 

The model I examined was all-wheel drive, with the Metro Silver Metallic paint and “copper” inside with leatherette seating. There’s a ton of house — actually cavernous — and good particulars all through, giving it an elevated feeling. It was simple to maneuver on tight metropolis streets, regardless of its 195.4-inch size. Which yeah, that’s lengthy!  

It met quite a lot of my expectations. However I ponder about its future. This car can be nice as a child and grocery hauler round city. I might see it being utilized in industrial fleets in city environments as nicely. However with a 91 kilowatt-hour battery that will get an estimated 234 miles of vary, I ponder if it’ll stay as much as its previous as a roadtrippin’ machine?

Aspect notice: Within the final publication, I provided up a couple of tidbits on my Zoox robotaxi rides. Right here’s my full write-up on my Zoox expertise in Las Vegas.

What’s “This week’s wheels”? It’s an opportunity to be taught in regards to the totally different transportation merchandise we’re testing, whether or not it’s an electrical or hybrid automobile, an e-bike, or perhaps a experience in an autonomous car.

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