TechCrunch Mobility: Bankruptcy takes out two

Bankruptcy Developments - Rad Power Bikes has filed for Chapter 11 bankruptcy protection, indicating potential shutdown without new funding, while planning to sell the business within 45-60 days [1] - Luminar, a lidar manufacturer, has also filed for bankruptcy after experiencing layoffs, executive departures, and a legal dispute with Volvo, with plans to sell off its business and semiconductor subsidiary [2][3] Industry Trends - Despite the bankruptcies, the year 2025 has seen innovation and growth in the emerging robotaxi industry, with new autonomous vehicle-adjacent companies expected to trend in 2026 [4] - Waymo's rapid growth has significantly driven the scale of robotaxis, with Zoox and Tesla also entering the market, leading to increased competition and scrutiny over safety in the coming year [5] Automotive Sector Adjustments - Ford is shifting its strategy by ending production of the fully-electric F-150 Lightning, focusing more on hybrids and gas-powered vehicles, while introducing an "extended range electric vehicle" version of the truck [6][7] - The company is also venturing into the energy storage business and remains committed to launching a midsized electric truck by 2027 [7]