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Rapido, a popular ride-hailing platform in India that competes with Uber, has doubled its valuation to $2.3 billion following a secondary share sale by food delivery giant Swiggy. The share sale comes just weeks after Rapido began piloting food deliveries, edging into Swiggy’s core territory. Swiggy has offloaded its entire 12% stake in Rapido for…
Sila, the battery materials startup, started operations Tuesday at its facility in Moses Lake, Washington. The factory, which will initially be capable of making enough battery materials for 20,000 to 50,000 EVs, is the first large-scale silicon anode factory in the West, and future expansion could fulfill demand for as many as 2.5 million vehicles….
One year ago, Stellantis announced plans to add an electrified 4xe plug-in hybrid Jeep Gladiator to North America by the end of 2025. The electrified Jeep Gladiator never made it into production. The automaker will no longer include an electrified Gladiator in its Jeep lineup as it reassesses its product strategy, the company told TechCrunch…
Stellantis, the car-making giant behind Chrysler, Fiat, Jeep, Dodge, Ram, and other brands, has confirmed a data breach involving customers’ personal information. In a statement published Sunday, Stellantis said it experienced a breach of a “third-party service provider’s platform that supports our North American customer service operations.” The statement said “contact information” was taken, but…
Travelers at major European airports including Heathrow, Brussels, and Berlin faced significant delays this weekend following what Collins Aerospace described as a “cyber-related incident.” Collins Aerospace makes technology for airline check-in desks, so after the apparent cyberattack, airlines were forced to revert to manual check-ins, according to the Guardian. According to data from Flightradar24, more…
Welcome back to TechCrunch Mobility, your hub for all things “future of transportation.” To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Seven or eight years ago, anyone consuming business tech news might have come across the phrase “the race to build autonomous vehicles.” In private conversations, company…
Nvidia CEO Jensen Huang descended on the United Kingdom this week, armed with a pledge to invest £2 billion ($2.6 billion) to supercharge the country’s AI startup ecosystem. Wayve, the U.K.-based self-driving tech startup, could be one of those to receive funds from Nvidia’s AI investment commitment, the company told TechCrunch. Wayve said it has…
This is it — today is your last chance to host a Side Event at TechCrunch Disrupt 2025 in San Francisco. By tonight, applications close. No extensions. No late entries. Apply here. Disrupt Week, taking place October 25–31, is your chance to put your brand in front of 10,000+ founders and investors, plus the Bay…
Welcome back! Did you miss me? Yes, of course you did. There is a lot of “future of transportation” news to keep track of. Let’s jump in. It’s comeback week, and not just because I have returned from vacation. I’m talking about the biennial IAA Mobility conference in Munich and the purposeful effort among German…
With Tesla shareholders set to vote on a proposed 10-year, $1 trillion compensation package for CEO Elon Musk in November, board chair Robyn Denholm spoke to The New York Times to defend what would be the largest pay package in corporate history. Denholm, who was also on the special committee that put the compensation proposal…