The company had strong revenue growth but lost money in part because of its investments in other ride-hailing businesses. Go to Source
Category: Automotive
Rishi Sunak, New UK Prime Minister, Delays Economic Plan
Mr. Sunak’s government, seeking more time to make the “right decisions,” will deliver its first economic plan on Nov. 17 instead of Monday. Go to Source
The Long Road to Driverless Trucks
Self-driving eighteen-wheelers are now on highways in states like California and Texas. But there are still human “safety drivers” behind the wheel. What will it take to get them out? Go to Source
For China’s Auto Market, Electric Isn’t the Future. It’s the Present.
More electric cars will be sold in the country this year than in the rest of the world combined, as its domestic market accelerates ahead of the global competition. Go to Source
How a Quebec Lithium Mine May Help Make Electric Cars Affordable
Mining is a pillar of the Quebec economy, and the area around La Corne is populated with people whose livelihoods depend on extraction of iron, nickel, copper, zinc and other metals. There is an active gold mine near the largest city in the area, Val-d’Or, or Valley of Gold. Mining “is our life,” said Sébastien… Continue reading How a Quebec Lithium Mine May Help Make Electric Cars Affordable
Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O.
Volkswagen said late Sunday that it planned to sell shares in Porsche, the luxury sports car brand it owns, at a valuation of up to $75 billion, setting the stage for one of the biggest stock market debuts of the year. At that level, Porsche — maker of the 911 sports car and the Taycan… Continue reading Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O.
As Driverless Cars Falter, Are ‘Driver Assistance’ Systems in Closer Reach?
A top “Good” rating will require a driver monitoring system that checks both a driver’s gaze and hand position. A driver with a coffee in one hand and an iPhone in the other won’t be prepared to retake the wheel. Other criteria include escalating visual, audible or haptic alerts to get a driver’s attention, and… Continue reading As Driverless Cars Falter, Are ‘Driver Assistance’ Systems in Closer Reach?
At Detroit Auto Show, Biden Announces Money for Charging Stations
DETROIT — President Biden, a self-described “car guy” and Corvette owner, toured the North American International Auto Show in Detroit on Wednesday and announced the approval of an initial $900 million investment to begin building electric vehicle charging stations across the federal highway system. The president’s announcement marked the beginning of a multiyear initiative funded… Continue reading At Detroit Auto Show, Biden Announces Money for Charging Stations
The Amazonification of Uber
It’s been six months since Uber hosted Go, Get, a global smorgasbord of product reveals and features that covered everything from booking party buses and voice ordering for Uber Eats to linking travel plans to Gmail and skipping the food lines at sports stadiums. The product reveals aren’t just about creating new revenue streams or… Continue reading The Amazonification of Uber
Nuvve Provides Third Quarter 2022 Financial Update
Investor Conference Call to be Held Today at 5:00 PM Eastern Time (2:00 PM PT) SAN DIEGO, Nov. 14, 2022 /PRNewswire/ — Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform that enables electric vehicle (EV) batteries to store and resell unused energy back… Continue reading Nuvve Provides Third Quarter 2022 Financial Update