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Welcome back to TechCrunch Mobility — your go-to source for news and insights on the future of transportation.
Before diving into the latest startup and tech news, let’s talk about recent developments related to U.S. automakers and consumers due to the new standards proposed by the Biden Administration, through the Department of Energy and the Environmental Protection Agency. These standards, while softened to accommodate industry concerns, are set to impose stricter regulations than ever before.
The DOE introduced a revised “petroleum equivalency factor” for electric vehicles under the Corporate Average Fuel Economy (CAFE) standards. The EPA also announced new tailpipe standards for 2027 to 2032 model year cars and light-duty trucks, providing more flexibility for automakers to comply through various powertrain options.
While these developments impact legacy automakers more significantly, EV startups like Rivian, Tesla, and Lucid are well-positioned to meet the clean car standard. However, there are implications for automakers investing in EVs while still profiting from internal combustion engine vehicles, with plug-in hybrids emerging as potential winners.
This week’s news also covers collaborations between Rivian and Tesla, developments at electric boat startup Candela, financial challenges at Fisker, and innovations in extended warranties, among other topics!
Let’s get started!
A Closer Look
Recent reports suggest that autonomous delivery technology company Clevon is on the brink of closure. However, the company’s CEO has confirmed ongoing operations and a pending merger agreement with an American electric vehicle company scheduled for completion by June. While some staff reductions are being made, the company remains operational.
Have a tip to share? Contact Kirsten Korosec at kirsten.korosec@techcrunch.com or Sean O’Kane sean.okane@techcrunch.com for further details.
Deal Highlights
Uber made a significant investment in African mobility fintech startup Moove, a key vehicle financing partner aligning with Uber’s commitment to a zero-emission fleet by 2040. Other notable deals this week include funding rounds for Amber, Candela, Pelikan Mobility, plus investments by Stellantis in SteerLight and Archer Aviation.
Noteworthy Reads
Apps
Apple faces legal challenges from the U.S. Department of Justice over alleged monopolistic practices, including claims related to Apple CarPlay. The lawsuit raises concerns about the future integration of Apple CarPlay in automotive settings.
Electric Vehicles & Innovation
Updates on Cowboy’s new electric bike, financial struggles at Fisker, and the booming electric two-wheeler market in India. Rivian customers can now access Tesla Superchargers, while regulatory actions at Lordstown Motors and an EV test drive with a twist at Honda are also covered.
Flight
DoorDash expands drone delivery with Wing, while Joby Aviation progresses on its eVTOL aircraft project with the U.S. Air Force. The U.S. Department of Transportation initiates a data security review across major airlines.
In-car Tech
Insights from Nvidia’s GTC conference, focusing on generative AI in automotive design. A review of the 2024 Subaru Solterra highlights changes in the EV crossover’s features and advanced driver assistance capabilities.
