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Clear engines I made a surprise this week when it announced that the CEO and CTO Peter Rolinson He was resigning. Speculation about the departure, which includes the evacuation of the seat of the board of directors, was amplified when Rolinson did not attend the profit call in the fourth quarter.
Major correspondent Sean Okan He has all the detailsIncluding how to perform the EV maker, which fills the first position (at the present time), and what the company’s advanced goals are. Rolinson will be present in some capabilities, although it should be noted that there will be no daily, and he will not have any authority in decision -making. The company said that it will serve as a “strategic technical advisor” for Turqi Alnowaiser, and he is the chairman of the board of directors and senior executives in the sovereign wealth fund in the Kingdom of Saudi Arabia – the owner of the majority of Lucid.
So where does Lucid go from here? It needs to sell more EVS – i.e. new SUVs – and reduce costs. This is not easy, especially given that Lucid is also developing a new medium -sized vehicle platform (more than $$$) that is expected to be launched at the end of 2026.
Before we jump to the rest of the news, I wanted to highlight an article on Flexport CEO Ryan Petersen And a set of new products and features that operate charging and starting logistics services Output. Many of these new artificial intelligence products use, this is not what caught my attention.
It is the pace of operation. I told Petersen Techcrunch that this is the first in a series of semi-annual ads of this type-à la Airbnb. Petersen said that the founder of Airbnb Brian Chesky is talking about the founder’s situation is what inspired the strategy. the Viral moment For the “Founder’s situation”, which was nourished by Paul Graham articleIt has ended. But the last Petersen move shows that this management strategy does not fade anytime soon.
birdie
Remember the big round of cruise Laying workers that happened earlier this month? For those who do not do it, the parent company General Motors She announced that she would go away Cruise’s workforce is about 50 %. The remnants of the cruises are supposed to move under the parent company in General Motors, as the auto industry company directs its resources towards improving the hand-free driver assistance system-and in the end the offering of independent personal vehicles.
Some small birds told us that some other layoffs have occurred since the first round, which is that the Marketing Team – about eight people – has been rejected. We hear that financial departments and legal departments will likely follow them as soon as the transition is complete.
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Deals!
Let’s start with the world of destroyed transportation. Last month, the Dutch food delivery giant Just eat ready -made meals Sold Grubb For $ 650 millionA small part of the $ 7.3 billion evaluation was when the delivery starts when it was obtained in 2020. Now, only eating ready -made meals is the one that is sticking to it.
Global Technology Company Pros I reached Purchase Just eat ready -made meals for 4.1 billion euros in cash. If the deal is completed, Prosus will become the fourth largest food delivery set in the world.
Other deals caught my attention …
AidenIt is a complex technology and start data privacy, A collection of $ 4.2 million In the seed financing round led by Nuri Venture Partners. Other investors include whether insurance, Tengro Ventures, Band of Angels, Fund Fund, Start Equity Ventures, Conxcity and Weltham Capital, as well as a group of investors of owners and family offices. San Francisco, based in San Francisco, which was founded by the former Volvo engineers, raised $ 6.1 million so far.
Airo collectionAirlines and defense headquarters in Albukirk, New Mexico, and Washington, DC, submitted for estimates $ 100 million public subscription. The company plans to include it on the Nasdak Stock Exchange.
CircleStarting short flights, starting electric shuttle, A collection of $ 17 million As part of a tour of the series B. The MKB private investment company, as well as the current investors Tribeca Venture Partners and the IMPACT engine.
Donat LaboratoryIt is a subsidiary of Verge Motorcycles Development of electric motors and other relevant technology, Collect 15 million euros. The company’s anchor investor is Risto Siilasmaa, F-Secure and Withsure and Concerman’s Board. Siilasmaa will also join the Donut Lab panel.
Small sedimentAn African startup that provides horse riding, trade, vehicle financing, and digital banking services via Togo, Benin, cheese, and Cameroon through their application, Rapid of 30 million dollars In the financing round of the series B. The tour, which includes $ 15 million in shares and $ 15 million of debt, led by Sas Service Services and Al Mada Ventures.
VidyutIndia -based emerging company, which is based in India, provides financing for commercial EVS and passengers, A collection of $ 2.5 million From prosperity projects.
Promise readings and other tales
Independent vehicles
AAA It released the annual survey that was designed to measure the consumer’s interest and accept advanced driver assistance systems And robotics. TL; DR: Enthusiasm for self-driving vehicles is low-only 13 % of the surveying drivers are a priority, a decrease of 18 % in 2022. Many of them seem to be not interested in using them, with 53 % say they will not choose to ride in one. Meanwhile, interest in Adas is high, especially about features such as braking in automatic emergency situations.
Avride Independent pavement connectivity robots have arrived in Japan. Yandex Spinot Commercial operations launched In the middle of Tokyo with a fleet of about 10 robots.
Electric cars, shipping and batteries
Aston Martin Reduce 170 jobs Plans to launch EV decreased (Will that happen?). The company will instead work on a super mixed model.
Last week, she highlighted the Sean article that looked at how and who Organized Tesla acquisition a movementThis led to protests in Tesla showrooms in dozens of American cities. Now it seems that the Tesla acquisition movement is gaining some traction. The question is how much time will continue and whether it will affect the final result of Tasla as the demonstrators hope.
Energy rangeIt is an emerging company that has developed half a half -year, mixing its executive surface. Founder and CEO But Javid The company told Techcrunch that the move to the president and the role of CTO. John Foster, the former financial manager of Zoox who helped obtain an engineer to obtain Amazon, is the new CEO of Range.
The future of the trip
Judy flight She issued her profits Here we do not know. Electric vertical takeoff and the start of the landing say it is on the right path to connect a plane to Dubai by mid -2015, when the car is prepared to carry passengers. The company now owns five aircraft in the test fleet and made progress in the fourth stage of the type certificates. Jobi said she expects to take the last step in the next 12 months of issuing the FAA certificate. But this is the expensive chase: the net feasibility loss of 2024 amounted to $ 608 million.
Car technology
Four years ago, Google It was subjected to a fine of monopoly of 100 million euros by the Competition Authority in Italy for refusing to allow the application of a third -party electric vehicle that was developed by ENEL Integrate with the Android Auto platform. Major correspondent Natasha Lumas He wrote about a New ruling By the European Union’s Court of Justice, which confirmed the view of the International Agency for Immigration, that the initial bloc of Google can constitute the abuse of monopoly.
The result? CJEU’s ruling determines conditions for technology giants when it comes to the inter -operation that can have a broader application capacity for applications who seek to connect their goods on major platforms.
Hurrications this week
Nothing this week, but don’t be upset.
What are the “wheels this week”? It is an opportunity to learn about the various transport products that we test, whether it is an electric car, hybrid, cyclical, or even a trip in an independent car.