Daily Crunch: What’s around the corner for the EV market in 2023?

To get a roundup of TechCrunch’s biggest and astir important stories delivered to your inbox each time astatine 3 p.m. PDT, subscribe here.

Greetings, readers. As Haje and Christine told you past week, this week’s Daily Crunch volition look a spot different, fixed they are some taking immoderate clip off. But you’ll inactive get immoderate TC tidbits during this typically dilatory quality week. I’ll besides beryllium sharing immoderate of our favourite stories of the twelvemonth from TC and TC+, truthful let’s get going! — Neither Christine nor Haje

The TechCrunch Top 3

• 2023 volition beryllium the twelvemonth electrical vehicles truly commencement to instrumentality shape: “Driven by argumentation initiatives from governments and billions of dollars successful concern from automakers, we tin safely accidental the EV manufacture has begun to instrumentality shape,” Rebecca writes.
• No “Next Twitter,” helium says: Devin writes that it’s perfectly good for determination not to beryllium a replacement for the Twitter that immoderate of america person travel to cognize and conflict with: “The illusory prime of rushing to The Next Twitter indispensable beryllium rejected. Twitter was much than a product: it was a infinitesimal successful time, an unrefined manifestation of integer capableness that, similar immoderate specified earthy element, destroyed arsenic often arsenic it created. It was indispensable and interesting, but these messy delights person messy ends. To recreate it now, with lone superficial lessons learned, would beryllium similar rebuilding a fallen castle connected the aforesaid shifting sands. Watch it sink!”
• “It’s each successful the (lack of) details”: Zack and Carly, our affable vicinity cybersecurity reporters, took a look backmost astatine the astir severely handled information breaches of the year.

Startups and VC

• In the upwind turbine: Harri writes that robotics startup Aerones, which scrubs and inspects upwind turbines, raised $39 cardinal successful backing from undisclosed investors.
• Multifaceted fintech: Jakarta-based Akulaku raised $200 million. The fintech, which operates successful the Philippines and Malaysia arsenic well, offers a virtual recognition paper and installment buying platform, arsenic good arsenic an concern level and neobank, Catherine writes.
• A presumption of money: Indian fintech Money View raised $75 cardinal successful a caller circular to standard its recognition concern and physique much products, Manish writes.

High-growth startups should commencement de-risking their way to IPO now

It sounds counterintuitive, but successful this chilly fundraising environment, late-stage startups request to see going public.

“While immoderate companies hold their IPOs, others tin play catch-up and hole for the clip erstwhile the unfastened marketplace itches to put again,” writes Carl Niedbala, COO and co-founder of commercialized security broker Founder Shield.

In a elaborate TC+ article, helium looks astatine wherefore “sensible companies are de-risking their nationalist path,” which sectors are champion positioned, and possibly astir notable, which benchmarks bespeak “that an IPO is successful their future.”

Two much and a look back:

• Six clime tech trends: More investors are looking to get into the clime tech space, and we person immoderate ideas astir wherever they’ll enactment their money, Tim reports.
• FOMO implicit owed diligence: A fewer investors speech astir however owed diligence and investing practices suffered a spot this twelvemonth and however we tin larn from the biggest mistakes. Dominic-Madori and Ron person more.
• Take a look back: Karan Bhasin covers what 10 investors thought astir no-code/low-code startups successful the archetypal 4th of this year. We’ll beryllium moving a caller no-code/low-code survey successful Q1 2023, truthful if you’re an capitalist with an involvement successful the abstraction and privation to participate, scope retired to america here.

TechCrunch+ is our rank programme that helps founders and startup teams get up of the pack. You tin motion up here. Use codification “DC” for a 15% discount connected an yearly subscription!

Big Tech, Inc.

• Struggling successful India: Amazon and Uber were among a fig of companies cited by probe steadfast Fairwork India that make unfair moving conditions for gig workers. Manish has more.
• Balance out: If what you’re looking for is simply a study astir however you interact with your computer, Balance has your backmost and mightiness adjacent assistance you enactment connected immoderate steadfast computing habits if that’s what you’re aft successful the New Year, Ivan writes.
• What’s coming for AI: Kyle besides enactment connected his prediction chapeau implicit the play to fto america each cognize what we tin expect connected the AI beforehand successful 2023.