This startup’s microliner promises a cheaper route to electric flights

It’s been a tough year for air taxi startups. The UK’s Vertical Aerospace is running short of cash, while Germany’s Lillium faces bankruptcy. Targets for commercialisation keep getting extended. Investors…

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Vay secures €34M to bring remote-controlled cars to the streets of Europe

German “teledriving” startup Vay has secured €34mn from the European Investment Bank (EIB).   In January, Vay launched a commercial remote-controlled car service in Las Vegas. Now it wants to roll…

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Northvolt suspected of manslaughter in latest blow to flailing battery startup

Swedish prosecutors are set to serve Northvolt with a suspicion of gross manslaughter notice following the death of a worker at the EV battery-maker’s struggling gigafactory in the country’s icy…

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BMW-backed DeepDrive raises €30M to industrialise ultra-efficient EV motor

German startup DeepDrive has bagged €30mn to scale up its electric motor technology that promises to boost EV range to over 800km — without any changes to battery capacity. Founded…

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German startup Cylib starts building Europe’s largest EV battery recycling plant

German startup Cylib has broken ground on its first industrial-scale battery recycling plant, just months after it raised €55mn in the largest-ever funding round for a European battery recycling company. …

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TNW Podcast: How startups deploy AI, Bolt’s international expansion, and Fortnite is back

Welcome to the new episode of the TNW Podcast — the show where we discuss the latest developments in the European technology ecosystem and feature interviews with some of the…

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Oxygen-generating ‘battery rock’ discovery challenges understanding of life on Earth

Scientists have discovered oxygen-generating ‘battery rocks’ on the ocean floor that could challenge long-held beliefs about the origins of life on Earth — and make a strong case against deep-sea…

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