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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. ....

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Hyundai unveils concept vehicle that can walk on four legs


Hyundai unveils concept vehicle that can walk on four legs
Updated:
Updated:
February 17, 2021 14:02 IST
TIGER is designed to operate autonomously and features a sophisticated leg and wheel locomotion system. The UMV retracts its wheels to drive in its most efficient mode, and uses its walking ability when stuck or needs to travel over difficult terrain.
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Hyundai unveils new concept ultimate mobility vehicle, TIGER. | Picture by special arrangement.
 
TIGER is designed to operate autonomously and features a sophisticated leg and wheel locomotion system. The UMV retracts its wheels to drive in its most efficient mode, and uses its walking ability when stuck or needs to travel over difficult terrain. ....

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The Station: Archer Aviation's two big scores, a boost for ebikes and how Uber defines adjusted EBITDA – TechCrunch


There is quite a bit to get to this week, so let’s charge forward.
Email me at kirsten.korosec@techcrunch.com to share thoughts, criticisms, opinions or tips. You also can send a direct message to me at Twitter @kirstenkorosec.
Micromobbin’
The spike in electric bike sales was one of the rosier outcomes of the COVID-19 pandemic. Now, new legislation introduced this past week by U.S. representatives Jimmy Panetta (D-CA) and Earl Blumenauer (D-OR) could push sales even higher. The Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act proposes creating a consumer tax credit that would cover 30% of the cost of an electric bicycle up to a $1,500 credit. The proposed bill applies to new electric bicycles that cost less than $8,000 and is fully refundable, allowing lower-income workers to claim the credit, according to Panetta’s announcement. ....

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