Bullet points of Lyft restructures its micromobility business and Volkswagen brings ChatGPT to US vehicles
- Korea's Institute of Machinery and Materials showcased a robotic wheelchair with large, deformable wheels that can manage rocks, stairs and other obstacles.
- Zepto, the 3-year-old Indian delivery and e-commerce startup, has raised $1 billion in the past 90 days.
- E Daddy, a UAE-headquartered business that makes two-wheeler EVs in Dubai, raised $15 million in a funding round.
- Oxylus Energy, a startup spun out of a Yale chemistry lab, raised a $4.5 million seed round to refine the production of green methanol.
- Tesla plans to unveil its robotaxi at an event at Warner Bros. Discovery Inc.'s movie studio in the Los Angeles area.
- Lyft is restructuring its operations and laying off about 1% of its workforce, and will no longer offer dockless rides.
- Uber announced a strategic plan to double down in South Korea, challenging market leader Kakao Mobility.
- Vay, a startup that offers teleoperated car-sharing, is expanding into commercial and business-to-business services and has secured partnerships with Peugeot and Poppy.