TechCrunch Mobility: Monterey Car Week Recap, Canoo's HQ Move, and More!
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Monterey Car Week has come to a close, but the focus on EVs and tech is stronger than ever. From parties to auctions to car shows, this year's event saw an influx of Silicon Valley's software developers and founders. Check out Abigail Bassett's article on the most interesting EVs showcased at Monterey Car Week.
Rimac unveiled its upgraded Nevera R hypercar, while Porsche's Timo Resch talked about the upcoming all-electric Macan EV. Polestar CEO Thomas Ingenlath shared insights on the company's future and self-sustainability. But that's not all from Monterey Car Week — let's dive in!
A little birdie told us that Canoo is closing its LA office, relocating employees to Texas or Oklahoma. This move follows the company's struggles to reach production volumes and shifting business models.
In the world of deals, AutoScout24 acquired Canadian rival Trader Corp, BeyondMath raised $8.5 million in a seed round, and Re:Build Manufacturing secured $120 million in funding.
Waymo is now giving over 100,000 paid robotaxi rides per week, while Gogoro deferred its plans for India. Rivian launched a $1,400 camp kitchen, Uber hired Rebecca Tinucci from Tesla, and Volkswagen announced the price of the 2025 ID. Buzz electric minivan.
Skyryse opened a new facility at Hawthorne Airport, while General Motors made cuts to around 1,000 software workers globally.
Keep an eye out for more updates on the Sierra EV and GM's software efforts. Stay informed with TechCrunch Mobility for the latest in transportation news!
In summary, Monterey Car Week highlighted the EV and tech trends in the automotive industry. Canoo's HQ move signifies the company's quest for stability, while Waymo's growth in robotaxi rides shows the future of autonomous vehicles. With ongoing developments in electric vehicles, charging, and in-car tech, the transportation landscape is evolving rapidly. Stay tuned for more updates on the future of mobility!