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Welcome back to The Station, your central hub for all past, present and future transportation of people and packages from Point A to Point B.
Another week, another reminder of the price drop for Disrupt. I will be brief.
If you want to attend TechCrunch Disrupt in San Francisco (and please contact if you do) go to this link and enter the code STATION for a 15% discount on tickets, excluding online tickets and fair tickets.
Switch to Detroit Auto Show. Wow, it is small this year. Like really small. Matt Burns, a veteran reporter and editor at TechCrunch, was on the field and made an interesting observation — for startups at least. The absence of an OEM presence is really Great news for startupshe reported.
Startups used to be literally relegated to the basement. Now they are in the center stage – or at least the adjacent stage. Of course, the lack of high-profile disclosures from traditional OEMs can make people, including startups, pay less attention.
Oh, another notable person appeared at the show. President Joe Biden was there and announced the approval First $900 million in funding building electric vehicle charging stations in 35 states as part of a $1 trillion infrastructure bill.
This week our friends it’s time Micro industry held another mobile-focused event in San Francisco, and it was Haje Jan Kamps of TC who rolled up to inspect the merchandise.
Some highlights from the event:
Apollo presented Apollo Pro, a powerful $3,500 monster that claims to be ‘Cybertruck of scooters.’
Headquartered in Brooklyn Go beyond Launch of ‘Cargo One’ e-car for delivery staff.
Go beyond roll it out electric roller skatinglooks like equal parts fun and equal parts scary.
Parties show it latest fleet of driverless mini cars.
Hunter Board presents its light electric skateboard.
A turtle to be shake around with vending machines on wheels.
Micro-industry launch RideReview.io to create a one-stop shop for micro-controllable vehicle reviews, commentary and testing.
Unagi Had some good and bad news to share. Let’s start with the bad. The heavily advertised Unagi Eleven, designed with some extremely clever features, is being discontinued because it is too expensive to make it work as a subscription service.
However, Unagi has debuted Model One Voyager, which will hit the market in December and looks to be an upgraded version of its original Model One scooter. The company is also expanding its subscription geographically.
Veo disclosure Apollo Class II e-bike designed to carry two passengers and will launch in select markets in 2023.
Wau Bike showed it off e-bike with a range of 100 miles.
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– Rebecca Bellan
Trading of the week
When I think about Porsche and 911, I’m no longer only Think of that sweet and iconic sports car. No.
Porsche’s much-anticipated (possibly worrying) IPO will reportedly offer 911 million shares. ; EASY
The IPO is predicted to garner a market valuation in the range of €60-85 billion ($60-85 billion). That puts the VW Group in an interesting position, considering that the entire company – which today includes Audi, Bentley, Lamborghini, Porsche, Skoda, Seat and Volkswagen passenger cars – has a market capitalization of around 87 billion euros (as of now). Predicted timing: Porsche’s IPO won’t hit those heights (call me a conservative).
As for the deal itself, it’s important to know the background of Porsche, the family behind it and its relationship with the VW Group. Reuters has a nice little story outlines the history and drama behind Porsche. To understand the past, is to understand the stakes.
Tl; dr: Porsche Automobil Holding SE, controlled by the Piëch family, tried to buy Volkswagen, but gave up power instead and ended up merging with the company.
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Notable readings and other tidbits
Argo AI unveils an ecosystem of products and services designed to commercial delivery support and robotaxi operation. Why should I care? Because after years of demonstrations and videos, companies are starting to show how they plan to make money.
Yacht said it will be out commercial robotaxi service in Austin, Texas and Phoenix – two hot spots for autonomous vehicle development over the next 90 days. Initial services will be small, but robotaxi services will be unmanned from the start. Company executives emphasize that the 90-day timeframe repeats; looks like they want to show that they can scale quickly. We shall see!
Einridemanufacturer of electric and self-propelled trucks, is expanded to Germany, represents the first new market in Europe outside of Sweden.
Philip Koopmanan autonomous vehicle safety consultant, break a crash relating to a Zoox self-propelled test vehicle.
Friend perhaps saw information about robots entering and passing a crime scene. This is add a little to the story. The error of the robot, at least in this case, is caused by humans. I think this story sheds light on the current state of autonomous vehicle technology and the lessons that can be learned.
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