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The Station: Rivian rolls towards an IPO and Quantumscape makes a big battery hire

Shortly after publication, Steve Hill, president of the Las Vegas Convention and Visitors Authority (LVCVA), tweeted that a Loop test this week, with a few hundred participants, had demonstrated its planned 4,400 passenger per hour capacity, which could release $13 million in construction funds currently being held back. The IPO about six months since the company raised $1.7 billion in a funding round that included backing from SoftBank Vision Fund, Sequoia Capital China, Permira, Fidelity, Hillhouse Capital, GGV Capital, Lightspeed China Partners, Tencent and Jack Ma's YF Capital.

The Station: Rivian rolls towards an IPO and Quantumscape makes a big battery hire – TechCrunch

Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. For my American readers, you might be traveling perhaps for the first time in more than a year because of the Memorial Day holiday. While Memorial Day is meant to honor members of the U.S. military who died while serving, the three-day weekend has become the unofficial kick off to summer. This year, those traveling by car, truck or SUV will be met by the most expensive Memorial Day weekend gas prices since 2014, according to AAA. The organization also estimates that 37 million Americans will travel by plane and automobile over the holiday a 60% increase over the same period last year.

QuantumScape Names Celina Mikolajczak Vice President of Manufacturing Engineering

QuantumScape Names Celina Mikolajczak Vice President of Manufacturing Engineering
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TC Sessions: Mobility 2021 is coming, save the date! – TechCrunch

TC Sessions: Mobility 2021 is coming, save the date! Buckle up, startup and tech fans. Save the date and get ready to rub virtual elbows with mobility’s best and brightest minds the movers, shakers and policy makers that are shaping the future of transportation. TC Sessions: Mobility returns for its third year on June 9, 2021. Can you say mobility three-peat? Yes, you can! We’re excited to host another day dedicated to the people and the technology they’re developing that’s changing transportation. TC Sessions: Mobility 2021 goes beyond hunting for the next unicorn or showcasing the gee-whiz distraction of the moment. We’ll explore the latest trends, discuss regulatory, technical and ethical challenges and look at the costs and long-term effects on towns and cities.

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