Posted inEmerging Tech & Futurism
TechCrunch Mobility: The great Tesla rebranding
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation.…
Posted inEmerging Tech & Futurism
Luminar sale approved despite last-minute mystery bid
Moments before a bankruptcy judge was expected to approve the sale of Luminar’s lidar business, an unidentified party…
Posted inEmerging Tech & Futurism
Luminar receives a larger $33 million bid for its lidar business
Luminar received an even higher bid for its lidar business as a court-run auction concluded on Monday, according…
Posted inEmerging Tech & Futurism
Luminar lines up $22 million bidder for its lidar business
Luminar has reached a deal to sell its lidar business to a company called Quantum Computing Inc. for…
Posted inEmerging Tech & Futurism
China’s Hesai will double production as lidar sensor industry shakes out
Chinese lidar-maker Hesai announced plans on Monday to double its production capacity from 2 million units to 4…
Posted inEmerging Tech & Futurism
Luminar claims founder Austin Russell is dodging a subpoena in the bankruptcy case
Lidar-maker Luminar says its founder and former CEO Austin Russell has been evading requests for information — including…
Posted inEmerging Tech & Futurism
A rough week for hardware companies
In just about a week, iRobot, Luminar, and Rad Power Bikes all filed for bankruptcy. They’re very different…
Posted inEmerging Tech & Futurism
TechCrunch Mobility: Bankruptcy takes out two
Welcome back to TechCrunch Mobility, your hub for all things “future of transportation.” To get this in your inbox,…
Posted inEmerging Tech & Futurism
From Roombas to e-bikes, why are hardware startups going bankrupt?
The hardware world had a brutal week, with iRobot, Luminar, and Rad Power Bikes all filing for bankruptcy. Each company faces its…
Posted inEmerging Tech & Futurism
How Luminar’s doomed Volvo deal helped drag the company into bankruptcy
In early 2023, Luminar was riding high. After going public during the pandemic and scoring a key deal…