CLOSE UAW Local 598 members sing during 50th anniversary of 1969 strike at Fisher Body Plant 2 in Flint while remembering he longest strike in GM history. Ryan Garza, Detroit Free Press Wednesday was the 10th day of the UAW’s strike against General Motors, with costs mounting and thousands of workers at suppliers and Canadian plants laid off.… Continue reading Why GM-UAW talks have taken this long
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U.S., Japan sign limited trade deal, leaving autos for future talks
NEW YORK (Reuters) – U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe signed a limited trade deal on Wednesday that cuts tariffs on U.S. farm goods, Japanese machine tools and other products while further staving off the threat of higher U.S. car duties. Trump said the deal would open up Japanese markets to… Continue reading U.S., Japan sign limited trade deal, leaving autos for future talks
JUMP, Lime, Scoot and Spin receive permits to operate scooters in SF
Electric scooter providers JUMP, Lime, Scoot and Spin have just been granted permits to operate their respective services in San Francisco beginning Oct. 15, 2020. This is part of the city’s longer-term permitting program for electric scooters. Each scooter provider will initially be able to deploy 1,000 scooters, with the potential to deploy up to… Continue reading JUMP, Lime, Scoot and Spin receive permits to operate scooters in SF
Paris-based carpooling platform BlaBlaCar makes bid to acquire Eastern European bus ticketing startup Busfor
Paris-based BlaBlaCar, the long-distance carpooling platform that has recently expanded its offer to include buses, has made an offer to acquire Busfor. With offices in Moscow, Kiev, and Poland, Busfor is the leading online bus ticketing platform in Russia and Ukraine.
The acquisition will expand BlaBlaCar’s online inventory of third-party bus operators in a region where BlaBlaCar counts over 25 million members.
The move is part of BlaBlaCar’s global strategy to build a multimodal transport network offering carpooling and buses on a single platform to respond to a greater diversity of passenger needs. Where buses can cover popular roads at low prices and are bookable in advance, carpooling offers a uniquely granular network connecting any destination at a low price, even at the last minute.
Proposing complementary mobility solutions will increase the appeal of the offer for travellers, helping both carpoolers and bus operators to fill up their vehicles.
Last year, BlaBlaCar broaden..
How we’re Building Ideal Citizens of the Road
Why we’re taking the time now to program our vehicles to be good citizens of the road. By Chris Urmson, Aurora’s CEO and Co-Founder At Aurora, we take our “no jerks” company value very seriously. This means that we don’t waste time battling over personalities and egos at work. We also take this one step… Continue reading How we’re Building Ideal Citizens of the Road
Embark Announces $70M Series C led by Tiger Global
[embedded content] Embark’s self-driving trucks are now moving freight for five Fortune 500 customers Today, Embark is proud to announce our $70 million Series C financing. The round was led by Tiger Global, with participation from Sequoia, DCVC, YCombinator, SV Angel, Maven Ventures, OMERS Ventures, and Mubadala Ventures. This round brings our fundraising total to… Continue reading Embark Announces $70M Series C led by Tiger Global
Nio raising more cash amid cost-cutting campaign
BEIJING (Reuters) – Nio Inc, one of China’s high-profile electric car startups, disclosed a fresh money-raising push this week, saying it had issued $200 million worth of bonds and was accelerating cost-cutting programs to slow cash burn as the company seeks to attract more investors in a slumping market. FILE PHOTO: Chinese electric vehicle start-up… Continue reading Nio raising more cash amid cost-cutting campaign
Nio aims to control cash burn with smaller showrooms, leaner staff
BEIJING (Reuters) – China’s loss-making Tesla wannabe Nio Inc will expand its sales network with smaller showrooms, slash its workforce and spin off some business units, company executives said on Wednesday, in a move to control massive cash burn amid slowing electric vehicle sales in the world’s largest auto market. Chinese electric vehicle start-up Nio… Continue reading Nio aims to control cash burn with smaller showrooms, leaner staff
Tesla owners start seeing a data usage counter with a 50GB cap
Sponsored Links Roberto Baldwin/Engadget Tesla last year started splitting data into standard and premium tiers, but it’s now hinting that it might watch how much data you’re using, too. Some owners have noticed a data use counter showing up on their cars with a seeming 50GB cap. It’s not yet clear what this cap is… Continue reading Tesla owners start seeing a data usage counter with a 50GB cap
MaxAB raises $6M seed round to optimize Egypt’s B2B grocery markets
Cairo based startup MaxAB looks to optimize the supply-chain network for Egypt’s food and grocery retailers. The B2B e-commerce company raised a $6.2 million seed-investment co-led by Beco Capital and 4DX Ventures. Others co-leaders included 500 Startups, Endure Capital, and Outlierz Ventures. Founded in 2018, MaxAB has built a digital platform to manage procurement and… Continue reading MaxAB raises $6M seed round to optimize Egypt’s B2B grocery markets