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Vinfast takes a wild ride, a robotaxi fallout brews and the IRA one year later

A year ago, President Biden signed the Inflation Reduction Act, a law loaded with incentives for climate tech and designed to encourage companies like automakers to bring manufacturing back to the United States. The battery factory trend might have started before the IRA was signed, but the law has helped accelerate the ramp. ElectraMeccanica, previously the maker of the three-wheeled Solo EV, is merging with electric truck startup Tevva, and the whole deal makes me wonder if there's a pl...
Republic Of United States South Korea San Francisco South Korean Stephen Polk
Source: yahoo.com

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VC firm Assembly Ventures closes $76 million mobility fund | Crain's Detroit Business

Assembly Ventures, a global venture-capital firm focused on the mobility sector co-founded and funded by some metro Detroit business luminaries, said Wednesday it closed a $76 million fund. Economic headwinds have dampened the overall global venture market. But Assembly Ventures bucked theโ€ฆ
United States Joe Hinrichs Kirk Steudle Jessica Robinson Dan Gilbert Tony Posawatz

Now Funding: Assembly Ventures Announces Inaugural $76 Million Mobility Fund Focused on the Physical and Digital Movement of People, Goods, Data and Energy

Assembly Ventures has built the first transatlantic venture capital platform to invest in cutting-edge technologies in the mobility sector. Founded by trailblazers in the mobility sector with strong operational and investment credentials, this brings total assets under management on the platform to $94 million after closing.
United States Stephen Polk Tony Posawatz John Moavenzadeh Dan Gilbert Jody Kelman

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