Bloomberg via Getty Images UPS announced today that it will soon deploy 50 electric delivery trucks designed by Workhorse Group Inc. that will cost about the same as traditional, conventionally fueled trucks. They’ll have a between-charge range of around 100 miles, will be zero-emission and the first vehicles will be tested in a handful of… Continue reading UPS is adding to its fleet of electric delivery trucks
Category: Automotive
UPS is building its own fleet of electric delivery trucks
UPS announced today that it would be building its own electric delivery trucks from scratch. It will partner with truck maker Workhorse Group Inc to build the first 50 vans that could eventually replace the delivery giant’s fleet of fossil fuel-burning vehicles. The delivery EVs would have a range of 100 miles and will be… Continue reading UPS is building its own fleet of electric delivery trucks
Uber CEO Says They’ll Have Autonomous Cars in 18 Months
20:20 Steve Sosnick Interactive Brokers LLC, Chief Options Strategist 22:00 Vanessa Colella Citi Venture Capital International, Chief Innovation Officer/Head 22:00 Crawford Del Prete Idc Research Inc, Exec VP:Research/Chief Research Ofcr 22:00 Om Malik True Ventures, Venture Partner 22:20 Mark Gurman Bloomberg Editorial, Bloomberg Journalist 22:20 Chad Anderson Space Angels Holdings Inc, Chief Executive Officer 22:30… Continue reading Uber CEO Says They’ll Have Autonomous Cars in 18 Months
BRIEF-Ford Motor Credit Company Llc Says Issued And Sold EUR 612 Million Principal Amount Of Floating Rate Notes Due Dec 12, 2019
Feb 22 (Reuters) – FORD MOTOR CREDIT COMPANY LLC: * FORD MOTOR CREDIT COMPANY LLC SAYS ISSUED AND SOLD EUR 612 MILLION AGGREGATE PRINCIPAL AMOUNT OF FLOATING RATE NOTES DUE DEC 12, 2019 – SEC FILING Source text – (bit.ly/2HD430h) Further company coverage: Our Standards:The Thomson Reuters Trust Principles.
Honcker raises at least $15M from IAC as it takes on the car-leasing-on-demand market
The car leasing and rental market is forecast to be worth $124 billion in 2022, and today a startup that is hoping to get a piece of that action by making the process of leasing a car easier is announcing a Series A in its effort to get there. Honcker — a New York-based startup… Continue reading Honcker raises at least $15M from IAC as it takes on the car-leasing-on-demand market
2017 Results
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BRIEF-Avis Budget To Continue To Expand Operations With Waymo
Feb 22 (Reuters) – Avis Budget Group Inc: * AVIS BUDGET GROUP SEES ABOUT $20 MILLION HIGHER VEHICLE INTEREST EXPENSE IN 2018, PARTLY RESULTING FROM RISING U.S. INTEREST RATES * “WILL CONTINUE TO EXPAND OUR OPERATIONS WITH WAYMO” – CONF CALL * TALKING TO OTHER MOBILITY SOLUTION PROVIDERS, SEE SOME OF THOSE UNFOLD AS WELL… Continue reading BRIEF-Avis Budget To Continue To Expand Operations With Waymo
Renault EASY CONNECT for Fleet, an ecosystem of connected business fleet management services
Thursday 22 February 2018 by Isabelle BEHAR – Cars Isabelle BEHAR Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest As part of Renault EASY CONNECT solutions, Renault Pro+ introduces Renault EASY CONNECT for Fleet, an ecosystem of connected services for business users that simplifies managing vehicle fleets and reduces running costs.… Continue reading Renault EASY CONNECT for Fleet, an ecosystem of connected business fleet management services
Elon Musk is leaving board of the non-profit AI safety group, OpenAI
Elon Musk is leaving board of the non-profit AI safety group, OpenAI in order to remove a potential conflict of interest between the group’s work and the work on artificial intelligence his companies are undertaking. The Tesla CEO co-founded OpenAI in December 2015 along with Y Combinator president Sam Altman, not so long after he’d… Continue reading Elon Musk is leaving board of the non-profit AI safety group, OpenAI
Europcar and Snappcar develop their private hire service
Services By Samia Ben Ahmed, the 22/02/2018 Since June 2017, Europcar holds a 20% stake in the Dutch start-up. Europcar, in partnership with SnappCar, launches the Drive & Share mobility service in Germany and Denmark. A deployment that follows the success of this service in France. New mobility solutions are on the rise! Europcar partners… Continue reading Europcar and Snappcar develop their private hire service