Ford plans to increase production of the all-electric Mustang Mach E next year with the goal of tripling its current capacity by 2023 to meet “incredible demand,” CEO Jim Farley tweeted late Friday. This is the first time the automaker has provided specific outlook for the Mustang Mach E. Ford said in November that it…
Ford plans to increase production of the all-electric Mustang Mach E next year with the goal of tripling its current capacity by 2023 to meet “incredible demand,” CEO Jim Farley tweeted late Friday. This is the first time the automaker has provided specific outlook for the Mustang Mach E. Ford said in November that it…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for December 10, 2021! Yes, it is Friday at last, which means we’re about one week away from news grinding to a halt so that we…
E-commerce in Africa is growing fast and its potential remains enormous as more people get connected to the internet. Across sub-Saharan Africa 303 million people, about 28% of the population, are connected to the mobile internet, according to the 2021 GSMA mobile economy report, and this number is expected to rise to 40% in three…
A startup that has built a decentralized exchange as well as a cross-chain infrastructure to facilitate communication across layer 1 and layer 2 blockchain solutions is the latest to receive backing from Coinbase Ventures. Singapore-headquartered Router Protocol said on Friday it has raised $4.1 million in a strategic funding round from Coinbase Ventures, Alameda Research,…
GM will take the wraps from its Silverado EV at CES 2022, but you’ll have to wait considerably longer to put one in your garage. According to Automotive News, GM has revealed that its mainstream electric pickup will enter production in early 2023 ahead of sales late that year. It’s arriving well after the Hummer…
Tim Berners-Lee’s startup, Inrupt, has raised about $30 million in its Series A financing round, a source familiar with the matter said. Forte Ventures led Inrupt’s new round, the two said Thursday, but both declined to disclose the size of the deal. The round saw participation from “all existing investors,” including Akamai Technologies and Glasswing…
Airplane on Thursday launched runbooks, a developer tool for automating internal workflows, in private beta and on Product Hunt. Runbooks enables engineers to compose tasks and built-in integrations, like SQL, REST APIs and Slack, into workflows that run JavaScript code, can feed that into a SQL database or combine data from Stripe and be accessible…
Petra emerged from stealth this week, announcing a $30 million Series A. The round, led by DCVC, brings the robotics company’s funding up to $33 million, with additional participation from ACME Capital Congruent Ventures, 8VC, Real Ventures, Elementum Ventures and Mac Venture Capital. “We’ve invented a completely new way to excavate rock and this will…
The Kenyan fintech Kwara was launched in 2019 to help credit unions (savings and credit cooperatives societies, SACCOs) in the East African country shift to digital platforms by providing them with its proprietary Back-end-as-a-service (BaaS) software. The startup’s trajectory has been steep, as its clientele shot up from two to 50 in just over two…
