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The Himiway Cruiser Bike Review - readwrite

The Himiway Cruiser Bike Review

The Himiway Cruiser Bike is fun and a beauty to ride. I love bikes, have many different kinds of bikes, and I ride a lot. This is an all-terrain electric fat bike. You can overcome many obstacles on this bike, including gravel, mountain terrain, off roads, snow, and beach. It couldn’t be a better ride […] The post The Himiway Cruiser Bike Review appeared first on ReadWrite.
readwrite - 1 day ago
Mediflash is a freelancer marketplace for health professionals - techcrunch

Mediflash is a freelancer marketplace for health professionals

Meet Mediflash, a new French startup that wants to improve temp staffing in healthcare facilities, such as nursing homes, clinics and mental health facilities. The company positions itself as an alternative to traditional temp staffing agencies. They claim to offer better terms for both caregivers and institutions. “It costs a small fortune to health facilities […]
techcrunch - 1 day ago
Owning the paycheck is the key to fintech success - techcrunch

Owning the paycheck is the key to fintech success

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week, Natasha and Danny, otherwise known as your two new favorite Book influencers (inside joke, you’ll get if you listen to the show), hopped on the mics to take everyone threw the news, with Grace and […]
techcrunch - 1 day ago
Tiger Global in talks to back BharatPe at $2.5 billion valuation - techcrunch

Tiger Global in talks to back BharatPe at $2.5 billion valuation

Indian fintech startup BharatPe is in advanced stages of talks to raise about $250 million in a new financing round led by Tiger Global, two sources familiar with the matter told TechCrunch. The new round, a Series E, is valuing the three-year-old New Delhi-headquartered firm at a pre-money valuation of $2.5 billion, sources said, requesting […]
techcrunch - 1 day ago
Ford acquires Electriphi as it prepares to woo EV fleet customers - techcrunch

Ford acquires Electriphi as it prepares to woo EV fleet customers

Ford has two electric vehicles in the pipeline —  the E-Transit cargo van and F-150 Lighting Pro —aimed at commercial customers. Now, the automaker is rounding out its future EV commercial business with the acquisition of battery management and fleet monitoring software startup Electriphi. Terms of the acquisition weren’t disclosed. Ford is betting that the […]
techcrunch - 2 days ago
Delivery service Gopuff acquires rideOS for $115 million-plus - techcrunch

Delivery service Gopuff acquires rideOS for $115 million-plus

On-demand goods, food and alcohol delivery service Gopuff has acquired fleet management platform rideOS for $115 million to $125 million, sources familiar with the deal say. This acquisition comes just a few months after the Philadelphia-based startup announced a $1.15 billion funding round at a $8.9 billion valuation, up from $3.9 billion in October. Last […]
techcrunch - 2 days ago
Spotify acquires Podz, a podcast discovery platform - techcrunch

Spotify acquires Podz, a podcast discovery platform

Podcasts are all the rage, but podcast discovery is a challenge. Today, Spotify announced its acquisition of Podz, a startup that’s trying to solve the problem of podcast discovery. “At Spotify, we are investing to build and scale the world’s best (and most personalized) podcast discovery experience,” the company said. “We believe that Podz’ technology […]
techcrunch - 2 days ago
KeepTruckin raises $190 million to invest in AI products, double R&D team to 700 - techcrunch

KeepTruckin raises $190 million to invest in AI products, double R&D team to 700

KeepTruckin, a hardware and software developer that helps trucking fleets manage vehicle, cargo and driver safety, has just raised $190 million in a Series E funding round, which puts the company’s valuation at $2 billion, according to CEO Shoaib Makani.  G2 Venture Partners, which just raised a $500 million fund to help modernize existing industries, […]
techcrunch - 2 days ago
CEO Shishir Mehrotra and investor S. Somasegar reveal what sings in Coda’s pitch doc - techcrunch

CEO Shishir Mehrotra and investor S. Somasegar reveal what sings in Coda’s pitch doc

CEO Shishir Mehrotra and Madrona partner S. Somasegar joined Extra Crunch Live to discuss Coda's pitch doc -- and give live feedback on pitches from the audience.
techcrunch - 2 days ago
Transform 2021: Where does your enterprise stand on the AI adoption curve? - venture beat

Transform 2021: Where does your enterprise stand on the AI adoption curve?

VentureBeat’s annual AI survey returns alongside Transform 2021 this July 12-16, 2021. Transform, the world’s leading event on applied AI for enterprise business & technology decision makers, will host thousands of executives across industries to share their AI and data technology stories. 
venture beat - 2 days ago
Going, going, almost gone! Only a few spots left in Startup Alley at TC Disrupt 2021 - techcrunch

Going, going, almost gone! Only a few spots left in Startup Alley at TC Disrupt 2021

Now hear this! Early-stage founders, a shipload of opportunity is about to set sail and you don’t want to miss the boat. We have only a few spots left to exhibit in Startup Alley at TechCrunch Disrupt 2021 (September 21-23). Buy a Startup Alley Pass and take advantage of all the exposure, perks and potential […]
techcrunch - 2 days ago
How to launch a successful RPA initiative - techcrunch

How to launch a successful RPA initiative

Traditional firms might approach an RPA initiative as they have other business initiatives, which is slowly and carefully. But to reap the benefits of automation at scale, companies need more ambition
techcrunch - 2 days ago
Anduril raises $450M as the defense tech company’s valuation soars to $4.6B - techcrunch

Anduril raises $450M as the defense tech company’s valuation soars to $4.6B

The AI-powered defense company founded by tech iconoclast Palmer Luckey has landed a $450 million round of investment that values the startup at $4.6 billion just four years in. In April, reports suggested that the company was on the hunt for fresh investment and headed for a valuation between four and five billion, up from […]
techcrunch - 2 days ago
Mobility startups can be equitable, accessible and profitable - techcrunch

Mobility startups can be equitable, accessible and profitable

At TC Sessions: Mobility 2021, Revel CEO and co-founder Frank Reig, Remix CEO and co-founder Tiffany Chu, and lawyer Tamika L. Butler discussed how mobility companies should think about equity.
techcrunch - 2 days ago
Vitosha Venture Partners launches $30M fund to back Bulgarian-related early-stage startups - techcrunch

Vitosha Venture Partners launches $30M fund to back Bulgarian-related early-stage startups

Vitosha Venture Partners is a brand new venture fund launching out of Bulgaria, and backed by the Bulgarian government. The 26 million euro ($30M) fund aims to invest in approximately 100 companies, starting from low ticket sizes all the way up to a million, in early-stage and growth-stage companies that are based in or related […]
techcrunch - 2 days ago
Apple AirTags UX teardown: The trade-off between privacy and user experience - techcrunch

Apple AirTags UX teardown: The trade-off between privacy and user experience

Apple’s AirTags have been out for more than a month. Now that they've been out getting lost in the wild, we sent our resident UX analyst to do just that.
techcrunch - 2 days ago
Wise announces plans to go public via direct listing - techcrunch

Wise announces plans to go public via direct listing

Wise, the fintech company formerly known as TransferWise, has announced that it wants to become a public company on the London Stock Exchange. Instead of following the traditional IPO route, Wise plans to go public via a direct listing. This is going to be the biggest direct listing on the London Stock Exchange. If you’re […]
techcrunch - 2 days ago
Gusto makes first acquisition, buying Ardius to expand into R&D tax credits - techcrunch

Gusto makes first acquisition, buying Ardius to expand into R&D tax credits

Free money from the government sounds like winning the lottery, but the reality is that most tech startups and even local retail businesses and restaurants can potentially qualify for tax credits related to research and development in the United States. Those credits, which is what helps tech giants keep their tax rates to near zero, […]
techcrunch - 2 days ago
5 tips for brands that want to succeed in the new era of influencer marketing - techcrunch

5 tips for brands that want to succeed in the new era of influencer marketing

In the new creator economy, the selectiveness of creators means stiff competition for a brand's ideal influencers. But that doesn’t mean working with influencers is out of reach for smaller brands.
techcrunch - 2 days ago
Lordstown Motors reverses claims about “binding orders” for electric pickup truck - techcrunch

Lordstown Motors reverses claims about “binding orders” for electric pickup truck

Lordstown Motors does not have binding orders from customers for its electric Endurance pickup truck — a reversal from claims made earlier this week by company executives in an effort to restore confidence in the troubled company, according to a regulatory filing released Thursday. Lordstown Motors interim CEO Angela Strand and President Rich Schmidt made […]
techcrunch - 2 days ago
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techcrunch
Chinese EV maker NIO is stepping outside of China for the first time

Chinese EV maker NIO is stepping outside of China for the first time

techcrunch - 1 month ago

Chinese electric vehicle maker NIO has chosen a Norway an EV hotspot for its first foray into international markets. NIO Norway will offer a European version of ES8, NIOs flagship electric SUV, to Norwegian customers from September this year. The ET7 sedan will follow in 2022.

The decision to have Norway as our first destination overseas is backed by long-term thinking, NIO founder William Li explained at an event Thursday. Norway is the most EV-friendly company. Among the European countries, Norway is the biggest adopter of battery electric vehicles. The company’s relationship with Norway stretches back to 2018 when Norges Bank, the country’s sovereign fund, gave the automaker critical support during its initial public offering, Li said at the event. Nio signed a strategic partnership agreement with the Norwegian EV Association, also in 2018.

That high EV adoption rate also means Nio will be making its pitch to a growing consumer base of savvy EV owners. In Norway, Nio will face competition from Chinese automakers like XPeng, international rivals Tesla and European automakers such as Volkswagen and Audi.

In addition to vehicle sales, the company also detailed plans to open dedicated service centers, vehicle charging stations and its Nio Power Swap battery swapping stations to Norway. The company aims to build four battery swapping stations around Oslo by the end of 2021, with additional swapping stations coming to the Norwegian cities Bergen, Trondheim, Stavanger and Kristiansand in 2022. Nio’s Norway team is composed of around 15 people, but that number is expected to grow to around 50 by the end of 2021, according to the company.

The Chinese automaker has had a slow start since its founding in 2014, but started gaining ground in the second half of 2020 through the latest quarter. Nio reported deliveries of 20,060 vehicles in the first quarter, a 422.7% jump from the same period last year when COVID-19 was busy upending the economy on a global scale. Sales in the first quarter of 2021 were also 15.6% higher from the fourth quarter. It has delivered 102,000 vehicles to date. These deliveries helped the company increase its vehicle sales by 489% compared to the first quarter of 2019.

Still, Nio is losing money, albeit the gap between revenues and net loss continues to narrow.

The boost in sales was likely due in part to the January debut of the ET7, its flagship electric sedan and the first vehicle model to be fitted with its so-called “NIO Autonomous Driving” software. The company has been an outlier when it comes to charging, adopting a battery swap option in addition to traditional plug and charge stations. Nio has already completed more than 2.4 million swaps for Chinese users, Li said a number thats growing  by 10,000 every day. Last August, the company also debuted its battery-as-a-service purchasing option, which allows drivers to lease the battery from the company and only purchase the vehicle.

sauce: techcrunch
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