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In just about a week, iRobot, Luminar, and Rad Power Bikes all filed for bankruptcy. They’re very different companies — selling Roombas, lidar, and e-bikes, respectively — but…
Read more A rough week for hardware companies | TechCrunchWelcome back to TechCrunch Mobility, your hub for all things “future of transportation.” To get this in your inbox, sign up here for free — just click TechCrunch Mobility!…
Read more TechCrunch Mobility: Bankruptcy takes out two | TechCrunchIn early 2023, Luminar was riding high. After going public during the pandemic and scoring a key deal with Volvo, the company had added Mercedes-Benz and Polestar as…
Read more How Luminar’s doomed Volvo deal helped drag the company into bankruptcy | TechCrunchWelcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Want another reason to get this free in your inbox?…
Read more TechCrunch Mobility: A takeover that might not be hostile | TechCrunchLidar company Luminar is slashing its workforce by 20% and will lean harder on its contract manufacturing partner as part of a restructuring that will shift the company…
Read more Luminar cuts 20% of staff and outsources lidar production | TechCrunch