The newsletter also included a section on Turo's potential IPO, noting that the peer-to-peer car rental service updated its S-1 with its Q4 and full-year financial performance, indicating that a public offering is still a priority. Other news included REE raising about $14.95 million in a public offering and Serve Robotics trading on the OTCQB Venture Market. The newsletter also highlighted updates from Uber Eats and Waze, Baidu's expansion of its Apollo Go autonomous ride-hailing service, and news from Faraday Future, General Motors, Rad Power Bikes, Stellantis, and Tesla.
Key takeaways:
- The weekly newsletter TechCrunch Mobility covered Rivian's reveal of three future EVs, with insights from the event and interviews with executives and investors.
- Rivian's founder and CEO, RJ Scaringe, discussed the company's plans to shift production to its existing factory in Illinois, and the theme of 'relevancy' was highlighted.
- The newsletter also covered news about GM resuming sales of Chevrolet Blazer, a financial update from Turo, and another EV reveal.
- The author drove a Rivian R1S SUV to the Rivian R2 event, testing the vehicle's updated software and the Rivian EV charging network.