Luminar Founder's Comeback: A Mobility Tech Shake-Up
Update: 2025-10-19
Description
Billionaire founder Austin Russell eyes a dramatic Luminar comeback after his ethics-related exit, potentially merging it with another auto tech firm. Meanwhile, Beta Technologies pursues a massive IPO amid eased regulations, and Archer Aviation snaps up Lilium's patents in a fire sale. Uber tests digital gig work, Waymo expands to London and partners with DoorDash, while Pony.ai and WeRide gain ground in Hong Kong, and Stellantis doubles down on traditional manufacturing. The mobility revolution is accelerating on all fronts.
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