TechCrunch Mobility: The ‘robot army’ argument

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Redwood Materials secured $350 million in a Series E funding round, reportedly valuing the company at around $6 billion. The funds will support its new energy storage business that repurposes retired EV batteries for renewable energy sources and AI data centers. Avride received up to $375 million in strategic investments from Uber and Nebius. Spiro, an African electric motorbike startup based in Dubai, raised $100 million, marking the largest funding round for African e-mobility. General Motors announced plans to integrate a new electric architecture and centralized computing platform into its vehicles starting with the Cadillac Escalade IQ in 2028, aiming to enhance software capabilities and automated driving features.
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