Porsche 911's new meaning, a bot rolls into a crime scene and the bright side of a tiny Detroit auto show – Yahoo Entertainment
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Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B.
Another week, another reminder about a discount for Disrupt. I’ll keep it short.
If you want to attend TechCrunch Disrupt in San Francisco (and please reach out if you do) go to this link and type in the code STATION to get 15% off passes, excluding online and expo tickets.
Moving on to the Detroit Auto Show. Wow, it was small this year. Like really small. Matt Burns, a veteran TechCrunch reporter and editor, was on the ground and had an interesting silver lining observation — at least for startups. The lack of OEM presence was actually great news for startups, he reports.
The startups used to be relegated to the literal basement. Now they are taking center stage — or at least are stage adjacent. Of course, the lack of high-profile reveals from the traditional OEMs could mean less attention for everyone, including startups.
Oh, one other notable person showed up at the show. President Joe Biden was there and announced the approval of the first $900 million in funding to build electric vehicle charging stations in 35 states as part of the $1 trillion infrastructure bill.
You can always email me at [email protected] to share thoughts, criticisms, opinions or tips. You also can send a direct message to @kirstenkorosec.
This week our homies over at Micromobility Industries hosted yet another micromobility-focused event in San Francisco, and TC’s very own Haje Jan Kamps rolled up to check out the goods.
Some standouts from the event:
Apollo presented the Apollo Pro, a $3,500 sturdy beast that is claiming to be the “Cybertruck of scooters.”
Brooklyn-based Beyond launched its “Cargo One” e-scooter for delivery workers.
Escend launched its electric rollerblades, which seem equal parts fun and equal parts terrifying.
Faction displayed its latest mini driverless fleet vehicle.
Hunter Boards presented its lightweight electric skateboard.
Tortoise was rocking around with its vending machine on wheels.
Micromobility Industries launched RideReview.io to create a one-stop shop for micromobility vehicle reviews, commentary and test rides.
Unagi had some good and bad news to share. Let’s start with the bad. The much-hyped Unagi Eleven, which was designed with some insanely smart features, is being sunsetted as it was just too expensive to make it work as a subscription service. However, Unagi debuted its new Model One Voyager, which will be available in December, and appears to be a jumped up version of its original Model One scooter. The company is also expanding its subscription geographically.
Veo revealed the Apollo Class II e-bike, which is designed to handle two passengers and will launch in select markets in 2023.
Wau Bike showed off its e-bike with 100 miles of range.
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— Rebecca Bellan
When I think of Porsche and the 911, I no longer just think of that sweet and iconic sports car. Nope.
The highly anticipated (maybe anxiety-inducing) Porsche IPO will reportedly offer 911 million shares. ;D
The IPO is predicted to garner a market valuation of between an admittedly wide-ranging €60-85 billion ($60-85 billion). That puts VW Group in an interesting position, considering that the entire company — which today includes Audi, Bentley, Lamborghini, Porsche, Skoda, Seat and Volkswagen passenger vehicles — has a market cap of about €87 billion (as of this writing). Prediction time: Porsche’s IPO will not reach those heights (call me conservative).
As for the deal itself, it’s worth knowing the background of Porsche, the family behind it and its relationship to VW Group. Reuters has a nice little story outlining the history and drama behind Porsche. To understand the past is to understand the stakes.
Tl;dr: Porsche Automobil Holding SE, which was controlled by the Piëch family, tried to buy out Volkswagen, but instead gave up power and ended up merging with the company.
Want more deals? A whole list of them, including info on Aptiv, TerraWatt and TruckSmarter were in the subscription version this week. Subscribe for free here.
Argo AI revealed an ecosystem of products and services designed to support commercial delivery and robotaxi operations. Why do I care? Because after years of demos and videos, companies are starting to show how they plan to make money.
Cruise said it will launch commercial robotaxi services in Austin, Texas and Phoenix — two hot spots for autonomous vehicle development — in the next 90 days. The services will initially be small-scale, but from the outset the robotaxi services will be driverless. Company execs emphasized that 90-day time frame repeatedly; it seems they want to showcase that they can scale quickly. We shall see!
Einride, the autonomous and electric truck maker, is expanding into Germany, representing its first new market in Europe outside its native Sweden.
Philip Koopman, an autonomous vehicle safety consultant, breaks down a crash involving a Zoox autonomous test vehicle.
You probably saw coverage of the robot pushing its way into and through a crime scene. Here is a bit more to the story. The robot’s error, at least in this case, was caused by humans. I think this story sheds some light on the state of autonomous vehicle technology and the lessons that can be learned.
Want to read more of the notable reads plus other bits of news from the week? The Station’s weekly emailed newsletter has a lot more on EVs and AVs, future of flight, insider info and more. Click here and then check “The Station” to receive the full edition of the newsletter every weekend in your inbox.
Kyle Busch deserved better than two failed Toyota engines in the first round of NASCAR's playoffs. Truex also referred back to Kevin Harvick's words after his car caught fire in the opening playoff race at Darlington three weeks ago.
As sea levels rise, low-lying coastal communities have two choices. They can build higher or back away from the water.
She also forged a co-workers name on a home loan application, court records state.
Mahsa Amini died in the custody of Iran's "morality police" but public rage is about more than a dress code
Showers have been dampening parts of California since Sunday, with 3 to 4 inches falling in the Santa Barbara County mountains.
HONG KONG (Reuters) -Hong Kong leader John Lee said on Tuesday the government aims to make an announcement soon on its controversial COVID-19 hotel quarantine policy for all arrivals, as it wants to keep the city connected with the rest of the world and allow an "orderly opening up". Lee said he was conscious Hong Kong needed to retain its competitiveness, adding that authorities were keen to bring back events and activities to the city. Taking its cues from China which is pursuing a zero-COVID policy, Hong Kong is one of the few places in the world to still require travellers from abroad to quarantine upon arrival although the length of quarantine has eased over time.
Former UFC fighter Nate Diaz admits a Jake Paul boxing match could be his next move now that he's a free agent.
'I wish I had said that to Nick,' Browns coach Kevin Stefanski said of his failure to tell Nick Chubb not to score against the Jets.
Air Force Secretary Frank Kendall announced Monday that the service is reversing course on a set of pay cuts that had been set to take effect next month for airmen working some of the toughest jobs.
Parents of students attending East Forsyth High School in Gainesville, Georgia, are appalled after a video surfaced of the school’s principal saying the N-word while meeting with a white student.
The "Abbott Elementary" star was overjoyed to receive flowers from Beyoncé.
Meghan Markle's Stella McCartney cape dress was one of multiple items she wore in a nod to Queen Elizabeth at the monarch's state funeral on Monday
Drivers are being turned around. Washington State Department of Transportation says northbound SR 9 is closed at 188th Street and SB SR 9 remains closed at 180th Street SE.
The Lamborghini Huracan's replacement will land with hybrid power, and a recent report suggests the system's central component will be a twin-turbo V8.
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to…
Kansas City was the second-hottest city in the country Monday morning, according to the National Weather Service.
For years Teaneck, NJ was billed as a progressive, "racial utopia," being one of the first towns in the entire country to voluntarily desegregate its public schools. Despite that reputation, in 1990 it became the site of the police shooting of a Black teenager named Phillip Pannell that thrust the town into national headlines. On the evening of April 10th, Teaneck Police responded to a call from a resident who said he'd seen a teenager with a gun among other kids in a schoolyard. Pannell was that teenager. After a brief confrontation with officers, Pannell took off running and a chase ensued. The 16-year-old was ultimately shot in the back and killed by Gary Spath, a white police officer. Spath said he believed Pannell was reaching for the gun, but witnesses said Pannell appeared to be surrendering and an autopsy concluded that, based on the location of the bullet holes, Pannell's hands were raised. Spath was ultimately charged with manslaughter and acquitted in 1992 by an all-white jury. The story is the subject of an explosive, four-part docuseries by MSNBC Films titled "Model America." It revisits Pannell's case and the outrage and division in the community that followed. Pannell’s mother and sister joined Ali Velshi in-studio to discuss the impact of Phillip's death and how the case reverberates to this day.
A Russian mega-pop star’s criticism of President Vladimir Putin’s war in Ukraine has set off intense reactions on social media, posing a critical question: Will the iconic singer’s disapproving Instagram post mark a turning point in Russian public opinion? At the risk of being branded a traitor, Alla Pugacheva used her famous voice over the weekend to question the seven-month war, becoming the most prominent Russian celebrity to do so. Pugacheva’s post described the homeland that gave her its highest civilian honors as “a pariah” and said Russian soldiers were dying for “illusory goals.”
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an…
Massachusetts plans to return nearly $3 billion in excess revenue to millions of taxpayers this fall.