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VanMoof Faces Setback as Mobility Startup Goes SPAC with E-Bike Battery Fires

VanMoof Faces Setback as Mobility Startup Goes SPAC with E-Bike Battery Fires

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Welcome to The Station: A Roundup of Mobility Information

Welcome again to The Station, your central hub for all previous, current, and future technique of transferring individuals and packages from Level A to Level B. On this week’s roundup, we’ll be discussing the newest developments within the electrical automobile (EV) revolution, the challenges of heavy batteries, and the potential resolution of solid-state batteries. We’ll additionally cowl updates on Disrupt 2023 and discover micromobility tendencies and security issues. Let’s dive in!

The Quest for Stable-State Batteries

Because the EV revolution continues to achieve momentum, automakers face the problem of heavy batteries, which hamper effectivity. To deal with this situation, important investments are being made within the analysis and growth of cheaper, lighter, extra environment friendly, and safer batteries. One potential resolution that has gained consideration is solid-state batteries.

In + this week, Haje Jan Kamps gives an in-depth evaluation of the key gamers within the pursuit of solid-state batteries, starting from startups to well-established automakers. The hunt for solid-state batteries holds the promise of reworking the EV trade by delivering improved efficiency and a extra sustainable future.

Disrupt 2023: A Sneak Peek

Earlier than we dive into the newest information, let’s take a second to focus on Disrupt 2023, a outstanding occasion happening from September 19 to 21 in San Francisco. This 12 months, the convention will characteristic a devoted Sustainability Stage, centered on the challenges confronted by startups in search of capital, metropolis improvements to fight local weather change, and progress in quick trend, power, and agriculture. Do not miss out on this chance to discover the cutting-edge concepts and tendencies shaping the way forward for mobility.

Keep Related with The Station

Have a tip, remark, or criticism? Attain out to us! You may e-mail Kirsten at kirsten.korosec@techcrunch.com or Rebecca at rebecca.techcrunch@gmail.com. For nameless communication, go to our contact web page and make the most of SecureDrop or encrypted messaging apps. We worth your suggestions and encourage you to remain related with The Station.

Micromobbin’ with VanMoof

This week, we flip our consideration to VanMoof, a outstanding e-bike firm dealing with unsure occasions. The corporate paused its orders and noticed the departure of senior employees, sparking issues about its future. Nonetheless, an sudden white knight, Belgian competitor Cowboy, got here to the rescue with a brand new app referred to as Bikey. This app goals to offer VanMoof riders with a singular digital key, making certain they’ll proceed to trip their e-bikes regardless of the corporate’s challenges. The state of affairs raises broader questions concerning the e-bike trade and the duty of gig firms in mitigating points comparable to battery fires.

Battery Security and City Mobility

E-bikes have gained immense recognition, notably in cities the place governments provide rebates to encourage their use. Nonetheless, battery fires have develop into a rising concern, with New York Metropolis experiencing a surge in incidents. In an insightful deep dive, we discover the causes of lithium-ion battery fires, security measures for riders, and governmental initiatives geared toward addressing this situation. Moreover, we make clear the distinctive threat confronted by NYC supply staff, sparking a dialog about gig firms’ duty to find options.

Deal of the Week: Marti Applied sciences Goes Public

On this week’s standout deal, Marti Applied sciences, Turkey’s first transportation tremendous app, noticed its public debut on the New York Inventory Alternate. Following a merger with Galata Acquisition Corp., Marti achieved a post-money valuation of $549 million. The corporate affords ride-hailing and shared micromobility companies, boasting a commanding 59% market share in Turkey. Nonetheless, Marti’s inventory encountered a turbulent begin, indicating the challenges confronted by transportation SPACs in immediately’s market. We delve into the financials and future prospects of Marti Applied sciences.

Different Notable Offers and Readings

This week, the mobility sector witnessed a number of important offers and developments. Indian EV battery-swapping startup Battery Sensible secured $33 million in a pre-Collection B spherical, whereas autonomous underwater automobile developer Bedrock raised $25.5 million. Chinese language auto chip maker Black Sesame filed for an IPO in Hong Kong, revealing spectacular income development however substantial losses. Moreover, EV maker Fisker introduced plans to boost $340 million in convertible debt, and UK-based MaaS startup RideTandem secured £2.3 million in funding. We discover these offers and extra in our complete overview.

Conclusion

The world of mobility is consistently evolving, with progressive applied sciences, evolving rules, and new market entrants reshaping the panorama. The Station is your go-to supply for staying knowledgeable concerning the newest tendencies and developments on this dynamic trade. Be a part of us each week for a complete roundup of all issues mobility.

FAQs

1. What’s The Station?

The Station is a centralized platform that covers information, tendencies, and updates associated to numerous modes of transportation, together with electrical automobiles, micromobility, and rising mobility applied sciences.

2. How can I attain out to The Station?

You may attain out to The Station by emailing Kirsten at kirsten.korosec@techcrunch.com or Rebecca at rebecca.techcrunch@gmail.com. Alternatively, you possibly can ship a direct message to @kirstenkorosec or @rebeccabellan. In the event you choose to stay nameless, you possibly can contact us by our safe communication channels, together with SecureDrop and encrypted messaging apps.

3. What matters does The Station cowl?

The Station covers a variety of matters, together with electrical automobiles, battery applied sciences, micromobility, sustainable transportation options, authorities insurance policies, trade tendencies, and notable offers and developments within the mobility sector.

4. How typically is The Station up to date?

The Station gives a weekly roundup, making certain you keep up to date on the newest information and insights from the mobility trade. Be sure to test again each week for brand new content material.

5. Can I submit a tip or contribute to The Station?

Completely! The Station welcomes suggestions, feedback, and contributions from readers. In case you have information, insights, or views associated to the mobility trade, be happy to achieve out to us by the supplied e-mail addresses or contact choices.

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