TOKYO (Reuters) – Toyota Motor Corp (7203.T) on Thursday said it plans to set up a facility to mass manufacture hydrogen fuel cell stacks, a key component of fuel cell vehicles, as it seeks to ramp up production of hydrogen-powered cars and expand their usage as a zero-emission alternative to gasoline vehicles. Employees of Toyota… Continue reading Toyota to ramp up hydrogen fuel cell vehicle sales around 2020
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Apple teams up with Volkswagen to make a fleet of self-driving passenger vans (AAPL)
Apple and Volkswagen are officially in the car business together. That’s according to a multiple news reports published on Wednesday night, which outline some details of Apple’s plan to turn some Volkswagen passenger vans into self-driving vehicles. Apple will equip the German automaker’s T6 Transporter van with its own self-driving technology and use a fleet… Continue reading Apple teams up with Volkswagen to make a fleet of self-driving passenger vans (AAPL)
Mazda and Mexico Would Be Hit by US Car Import Crackdown
Updates with analyst estimate in fourth paragraph, German carmakers’ shares in fifth. Go to Source
UPDATE 3-Uber shuts Arizona self-driving program two months after fatal crash
SAN FRANCISCO (Reuters) – Uber has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday. Uber Technologies Inc [UBER.UL] is not shuttering its entire autonomous vehicle program and will focus on limited testing in Pittsburgh, Pennsylvania, and two cities in… Continue reading UPDATE 3-Uber shuts Arizona self-driving program two months after fatal crash
Uber saw strong revenue growth in Q1 as it moved past a controversy-filled year
Uber cut its losses almost in half and its ride bookings jumped 51 percent since one year ago, the Silicon Valley ride-services firm said on Wednesday, showing that months of scandal and retreating from overseas markets has not slowed its business. Uber Technologies Inc also reported a one-time gain of $2.5 billion, income that came… Continue reading Uber saw strong revenue growth in Q1 as it moved past a controversy-filled year
Honda is working on affordable all-electric Fit-based car with biggest battery maker for global release
Honda is currently seen as lagging behind when it comes to electrification at this moment with very little electric vehicle efforts. But the Japanese automaker is now reportedly working on an important new global electric vehicle program in partnership with CATL, China’s biggest battery maker. Home Solar Power Contemporary Amperex Technology (CATL) has been signing a… Continue reading Honda is working on affordable all-electric Fit-based car with biggest battery maker for global release
Uber’s raising up to $600M in a secondary round at $62B valuation, Q1 sales grew to $2.5B
Uber’s CEO is in Paris this week meeting with the French president to talk tech in Europe and expanding its insurance coverage in the region, but back in the US the company is moving ahead on another kind of expansion. TechCrunch has learned and confirmed that Uber is raising another secondary round of funding of up… Continue reading Uber’s raising up to $600M in a secondary round at $62B valuation, Q1 sales grew to $2.5B
350 kW ABB Fast Charger Introduced At Hannover Messe
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Superpedestrian Scoops Up $16.5M, Enters Bike-Sharing Frenzy
Bike sharing is the new ride hailing. Similar to what has played out with Uber, Lyft, Didi Chuxing, and other private car-hailing app companies, investors are pumping hundreds of millions of dollars into bike-sharing startups around the world racing to be the leading operator of fleets of bicycles that people can rent on demand. The… Continue reading Superpedestrian Scoops Up $16.5M, Enters Bike-Sharing Frenzy
RIVERSIMPLE ACCELERATES IN DUBAI
Riversimple has just returned from a two-month accelerator project in Dubai – an initiative that has seen the Rasa and our philosophy embraced by a completely different culture living in a much harsher environment. The timing wasn’t great, with 20 Beta test cars to get built in Wales, but when the Dubai Future Foundation, headed… Continue reading RIVERSIMPLE ACCELERATES IN DUBAI