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The Inflation Reduction Act, signed into law by President Joe Biden in August 2022, has allocated $400 billion in federal dollars for clean energy projects as the United States aims for up to a 40% reduction in economy-wide greenhouse gas emissions by 2030. Private investment into climate tech startups is on track to match, and likely surpass, the government’s funding, particularly as investors feel secure in a growing market for such technologies. In the past year, more than 270 new clean energy projects have been announced, with private investments totaling around $132 billion, according to an August report from Bank of America Global Research. ....
Thanks to a bunch of recent releases from legacy and direct-to-consumer bike companies, it’s never been a better time to shop for an electric cargo bike. Here’s why that’s very exciting. ....
VanMoof skids off track, another mobility startup goes SPAC and e-bike batteries catch fire techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Your usual host Kirsten Korosec is off having a glorious vacation, so I will be doing the roundup this week. In TechCrunch+ this week, Haje Jan Kamps detailed the major players in the quest for solid-state batteries, from startups to legacy automakers and everything in between. ....
Extra Crunch roundup: Klaviyo EC-1, micromobility’s second wave, UiPath CFO interview, more Origin stories are satisfying because we already know the hero will overcome the odds and in doing so, they’ll reveal their core strengths. This week, we published a four-part series about how Klaviyo co-founders Andrew Bialecki and Ed Hallen bootstrapped their startup into an e-commerce marketing automation platform now valued at $4.15 billion. Neither founder was bitten by a radioactive spider or received a serum that enhanced their entrepreneurial skills; instead, they focused on outreach to prospective customers to find out what they were willing to pay for and largely ignored the competition. ....