Uber will talk about flying taxis, autonomous aerial transport and everything in between, in an industry event designed to bring together stakeholder on the subject in one place. This is the second year in a row that Uber has hosted its ‘Elevate Summit,’ and this year it’s in LA. The event fill feature a ton… Continue reading Uber’s hosting its flying taxi-focused Elevate Summit for a second year
Category: Automotive
Aston Martin Posts First Profit in Eight Years
Aston Martin Holdings Ltd. is looking for a “big brother” partner in order to survive as a low-volume, luxury carmaker, even after it posted its first profit in eight years and prepares for a potential initial public offering. The manufacturer famous for making film spy James Bond’s favorite car could use a combination of capital… Continue reading Aston Martin Posts First Profit in Eight Years
BAIC Motor and Daimler to invest $1.9bn for Mercedes-Benz plant
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Gestamp recorded revenues of €8,202m in 2017
2.26.2018 Gestamp, the multinational company specialized in the design, development and manufacture of highly engineered metal components for the automotive industry, has recorded revenues of €8,202m in 2017, according to its full year results. Revenues have increased by 8.6% over the previous year, more than six times the growth of production volumes in Gestamp’s footprint… Continue reading Gestamp recorded revenues of €8,202m in 2017
LimeBike introduces e-bikes and e-scooters, marks first two successful months in Europe
BARCELONA, Spain, Feb. 26, 2018 /PRNewswire/ — On the occasion of Mobile World Congress in Barcelona, LimeBike – the leading smart mobility solution provider is officially announcing the launch of electric scooters, Lime-S, along with the largest deployment of shared electric-assist bikes, Lime-E in Europe. LimeBike is the first company to have a market-ready multi-modal smart… Continue reading LimeBike introduces e-bikes and e-scooters, marks first two successful months in Europe
Ford is updating Sync with Waze and a driving assistant
NurPhoto via Getty Images Ford is updating its Sync infotainment software with a few new navigation options. Sygic is a name we haven’t heard in quite awhile, but the GPS company will bring its voice assistant to certain Ford vehicles. If your blue-oval-clad ride has Sync 3 and you’ve got Sygic’s nav app installed on… Continue reading Ford is updating Sync with Waze and a driving assistant
Tesla’s new Workplace Charging program offers free charging stations to businesses
Tesla has several different infrastructure initiatives going on, including the Supercharger network, Urban Superchargers, and the Destination Charging network. Now the California trendsetter is adding another piece to the puzzle. Tesla’s new Workplace Charging program is similar to the Destination Charging network, in that it offers free charging stations to businesses, which agree to cover… Continue reading Tesla’s new Workplace Charging program offers free charging stations to businesses
Pony.ai launches a self-driving ride-hailing fleet for public use in China
Autonomous driving technology startup Pony.ai has become the first company to operate an autonomous ride-hailing service on public roads for public users in China. The company, just over a year-old, recently raised $112 million in a Series A round to help it accelerate its efforts, and its fleet is running a nearly two-mile route in… Continue reading Pony.ai launches a self-driving ride-hailing fleet for public use in China
Aston Martin boss: record profits show financial turnaround is complete
Aston Martin posted a profit of £87 million in 2017 – £250 million more than the £163 million loss the brand achieved in 2016. This was driven by a 58% upswing in global sales compared with 2016, with 5117 cars finding homes across the year. £876 million in revenue was raised – 48% up on 2016.… Continue reading Aston Martin boss: record profits show financial turnaround is complete
Aston Martin gears up for IPO with first pre-tax profit since 2010
LONDON (Reuters) – Aston Martin delivered its first annual pre-tax profit since 2010 on Monday after last year’s sales reached a nine-year high, while the luxury British carmaker also confirmed it is considering a stock market flotation. Pre-tax profit reached 87 million pounds ($122 million) last year at fictional spy James Bond’s car brand of… Continue reading Aston Martin gears up for IPO with first pre-tax profit since 2010