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Hyundai antes up $1B for AV startup Motional and Elon unplugs the Tesla Supercharger team
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Before I jump into the all the news — and
By January, Aptiv chairman and CEO Kevin Clark flagged that the company would reduce its ownership interest in Motional and stop allocating capital to the venture due to the high cost of commercializing a robotaxi business and the long road ahead to profits. LiNova Energy, a California-based startup developing polymer cathode batteries, raised $15.8 million in a Series A funding round led by Catalus Capital, which was joined by Saft, a subsidiary of TotalEnergies, Chevron Technology Ventures and a syndicate of investors. “The torque is always there on corner exit and body roll is kept in check, yet I’m not feeling the delight,” she wrote, adding that the 275/40 Continental Premium Contact 6 summer tires on the Type S offered up plenty of grip, but the low-profile sidewall combined with the harder run-flat rubber compound meant that the ride was just a touch harsh.
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