Autonomous Trucks
Other deals that got my attention this week …Ampcontrol, an EV fleet management software startup, raised $10 million in Series A funding round led by the Westly Group. Flipturn, a startup that developed a software management system for EV truck fleets, raised $4.5 million in a seed round led by Accel. Waymo is tapping the brakes on self-driving trucks and shifting most of its capital, resources and talent to one commercial bet: ride-hailing. The EV business? The big line item is that Ford expects its EV business to lose $4.5 billion in 2023 — double what it previously forecast.