Transportation Tech News Roundup

This week's transportation technology news features Uber Freight's AI push, Tesla's cautious approach to robotaxi deployment, and Nikola's auctioning of hydrogen trucks. Several startups also announced funding rounds and leadership changes.

Funding and Acquisitions

Lidar company Luminar secured up to $200 million in funding through a deal with Yorkville Advisors Global, selling convertible preferred stock over 18 months. This follows recent leadership changes and restructuring.

SparkCharge, a charging-as-a-service provider for fleets, raised $30.5 million in combined equity and debt financing. The Series A-1 round was led by Monte's Fam.

Sylndr, an online used car platform in Cairo, secured $15.7 million in funding led by Development Partners International’s Nclude Fund, plus $10 million in debt financing.

Nikola's hydrogen trucks, valued at $114 million, are being auctioned following the company's bankruptcy filing.

Autonomous Vehicle Developments

Aurora has added human observers to its autonomous trucks at the request of partner PACCAR. These observers cannot intervene, raising questions about their role.

Einride founder Robert Falck stepped down as CEO, with CFO Roozbeh Charli taking the helm.

Reliable Robotics appointed Marc Stoll, former VP of Finance at Apple, as its new CFO.

Zoox will begin testing its autonomous vehicles in Atlanta this summer.

Waymo received approval to expand its robotaxi service area in Silicon Valley and, along with Uber, will offer robotaxi rides in Atlanta to waitlisted customers.

Tesla will geofence its robotaxi operations in Austin, Texas, to designated safe areas, marking a shift from previous strategies.

Electric Vehicles and Charging

Arc introduced the Arc Coast, a new electric boat priced at $168,000.

Senate Republicans voted to overturn California's waiver to set stricter vehicle emissions standards.

Other Transportation News

Uber Freight launched a suite of AI tools for shippers globally, integrating them into its existing supply chain software. CEO Lior Ron discussed the company's AI strategy.

Uber plans to launch a B2B logistics service in India, partnering with a government-backed nonprofit.

Product Review: Heybike Alpha E-Bike

The Heybike Alpha, a fat-tire all-terrain e-bike, offers a mid-drive motor with torque sensor and a long-lasting battery. While assembly and the app presented some challenges, the overall performance makes it a versatile option for both off-road and city riding.