TechCrunch Mobility: Bankruptcy takes out two

The article from TechCrunch Mobility highlights significant developments in the transportation sector, focusing on recent bankruptcies and industry trends. Two notable companies, Rad Power Bikes and lidar maker Luminar, filed for bankruptcy early in the year. Rad Power Bikes is seeking new funding and plans to sell the business within 45-60 days while continuing operations during the bankruptcy process. Luminar, however, is on a path to cease operations after selling off parts of its business, including its semiconductor subsidiary, following a troubled relationship with its largest customer, Volvo. Despite these setbacks, the article underscores ongoing innovation and growth in the mobility space, particularly in the robotaxi industry, driven by companies like Waymo, Zoox, and Tesla. The sector is expected to face increased competition and regulatory scrutiny in 2026. Meanwhile, the electric vehicle (EV) market has experienced challenges, with automakers like Ford shifting strategies—pivoting towards hybrid and extended-range electric vehicles rather than fully electric models. However, the EV market