Renault buys Zity from Ferrovial; Zoomcar starts trading; Dott & Bolt in Brussels; and the EU stuck on gig-workers
#movingpeople
is a weekly mobility industry update
from ride-hailing & DRT through micromobility & delivery to autonomous & flying cars.
Superpedestrain shuts down, Cruise lays off 24%, Tesla recalls Autopilot and EU gig-worker rules
đ° Fantuan $40M, Foretellix $42M & Cubic Telecom âŹ473M, TuSimple leaves đşđ¸ and Air NZ đ¤ Beta
PE acquires Stuart, Tier cuts 22% for profitability, Sono Motors & Volta Trucks back to life
Uber launches bus commute, Share Now exits Copenhagen, and Hyundai making robotaxis and eVTOLs
Kakao interested in FreeNow, Meituan in foodpanda, Cruiseâs CEO resigns and Arrivalâs last chance
Uber profitable (again), Getir doubles down on the US, Cruise continues downsizing and Hindenburg ta
Via takes over Germany, Kakao under fire in Korea and DoorDash recommends tipping
Cruise halts while Waymo & Uber partner, Arriva sold, and Rapido expands to cars
EHang starts commercial flights, Volta bankrupt, Malta bans scooters and Cybertruck soon
Voi âŹ132M & EBITDA+, UK DRT <=1.77, Uber returns packages
SIXT invests in Blacklane, acquisitions in delivery, Mercedes level-3 and Joby delivers
Bird acquires Spin from Tier, Delivery Hero looks to sell foodpanda and EU regulation looms
Getir raises $500M, Ola Electric $140M & Revel âŹ115M; Kolors acquires Urbvan; and trouble in SF
Uber limiting ride-hailing & adding taxi, Cruise expanding to 15, Lavoie (McLaren) acquires VanMoof
Tough week for Cruise in SF, Vinfast on Nasdaq, Minneapolis angers Uber & Lyft and Tevva merges
Bird running out of money
Uber profitable
Lyft looking to sell bikes
InDrive expands to the US