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The Station: The biggest SPAC ever and reading the micromobility permit tea leaves

The Station: The biggest SPAC ever and reading the micromobility permit tea leaves
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The Station: The biggest SPAC ever and reading the micromobility permit tea leaves – TechCrunch

Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to Point B. Before jump into micromobbin’ and the rest, I wanted to point you to another Extra Crunch piece, this time a deep dive into second-life batteries. As Aria Alamalhodaei reports: The average electric vehicle lithium-ion battery can retain up to 70% of its charging capacity after being removed. The business proposition for second-life batteries is therefore intuitive: Before sending the battery to a recycler, automakers can potentially generate additional revenue by putting it to use in another application or selling it to a third party.

Joby Aviation s Joe Ben Bevirt and Reid Hoffman to talk about building a startup, the future of flight and SPACs – TechCrunch

Joby Aviation’s JoeBen Bevirt and Reid Hoffman to talk about building a startup, the future of flight and SPACs Joby Aviation founder JoeBen Bevirt has spent more than a decade developing an all-electric, vertical take-off and landing passenger aircraft an effort that was largely shrouded in secrecy until January 2020 when the company announced a $590 million Series C round of funding that was led by Toyota Motor Corporation (that round later expanded to $620 million). The buzzy announcements continued with Joby’s acquisition of Uber Elevate and then culminated in February with its bid to become a publicly traded company through a merger with Reinvent Technology Partners, a special purpose acquisition company from well-known investor and LinkedIn co-founder Reid Hoffman and Zynga founder Mark Pincus.

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