A decade from now, ride-hailing will be less than 50 percent of Uber’s business, in terms of transactions, CEO Dara Khosrowshahi said Thursday at TechCrunch Disrupt SF. The onstage prediction is in line with recent moves by Uber and its CEO to be part of, and make money from, all the different ways people might move… Continue reading Uber CEO: ride hailing will be eclipsed by scooters, bikes and even flying taxis
Tag: Financial Results
According to Brandbrief: Forecasts missed and confidence lost – Continental needs the turnaround
loss of confidence Investors have used a massive loss of confidence. Investors find it hard to believe what the Conti leadership promises. (Photo: AP) At the end of July there is still a spirit of optimism in Hanover. Conti boss Elmar Degenhart picks up a spade and shovels sand properly. The start of construction for… Continue reading According to Brandbrief: Forecasts missed and confidence lost – Continental needs the turnaround
Ford Mach 1 EV: Mustang-inspired crossover teased in new image
The end of the Fiesta in the USA had been rumoured for some time, because fuel prices have dropped and the economy recovered, allowing US buyers to return to their preferred larger vehicles. Decisions on the replacements for the Fusion and Taurus have been pending for a couple of years too. Ford’s new CEO, Jim… Continue reading Ford Mach 1 EV: Mustang-inspired crossover teased in new image
Bajaj Auto plots aggressive strategy to gain market share
Bajaj Auto is on a roll. Its sales numbers are up and about in the domestic market and exports are roaring too. And there’s more to come because Rajiv Bajaj, managing director, Bajaj Auto, has hinted at an aggressive go-to-market strategy designed to accelerate growth in the domestic market. At the annual general meeting held… Continue reading Bajaj Auto plots aggressive strategy to gain market share
The Stakes Are High: Inside the Team Developing Ford’s New Generation of Electric Vehicles
The Stakes Are High: Inside the Team Developing Ford’s New Generation of Electric Vehicles By Darren Palmer, Ford Team Edison Global Product Development Director Ford’s all-new Mustang-inspired fully-electric performance utility arrives in 2020 with targeted range of 300 miles. You’d think after 28 years of working for the same company that nothing would surprise me. I’ve been… Continue reading The Stakes Are High: Inside the Team Developing Ford’s New Generation of Electric Vehicles
Nissan: Nissan and EVgo open ‘I-95 Fast Charging ARC’ connecting EV drivers between Boston and Washington D.C.
EV owners can now make the 500-mile journey from Boston to Washington D.C. with ease as a series of EVgo DC Fast Charging stations, known as the `I-95 Fast Charging ARC’is now open. The ARC consists of nine EVgo DC Fast Charging stations equipped with 52 fast chargers in total, each with two charging connector… Continue reading Nissan: Nissan and EVgo open ‘I-95 Fast Charging ARC’ connecting EV drivers between Boston and Washington D.C.
Ford CEO James Hackett, Under Fire From Wall Street, Shows Forbes the Early Fruits of His Turnaround Plan
At a splashy news conference at the Detroit auto show last January, Ford Motor boasted about a slew of 40 new electric vehicles and hybrids coming by 2022, an $11 billion investment. As bolts of electricity flashed across a giant video backdrop, Ford teased one EV in particular, the Mach 1, a high-performance, battery-powered SUV… Continue reading Ford CEO James Hackett, Under Fire From Wall Street, Shows Forbes the Early Fruits of His Turnaround Plan
Geely to build new plant in China to boost growth
Geely is planning on building a new plant in the eastern port city of Ningbo that is capable of producing 250,000 units of larger-sized vehicles annually. It expects the move to boost sales growth and help meet the goal of selling over two million vehicles by 2020, sources tell Automotive News. The new facility will… Continue reading Geely to build new plant in China to boost growth
Volvo 360c concept calls for universal safety standard for autonomous car communication
Volvo 360c concept calls for universal safety standard for autonomous car communication With its new 360c autonomous concept, Volvo Cars tackles one of the main challenges around the introduction of autonomous technology and calls for a new, global standard in how autonomous vehicles can safely communicate with all other road users. Autonomous drive… Continue reading Volvo 360c concept calls for universal safety standard for autonomous car communication
Volvo Cars’ new 360c autonomous concept: reimagining the work-life balance and the future of cities
Volvo Cars’ new 360c autonomous concept: reimagining the work-life balance and the future of cities Where would you live if you could commute each workday in an autonomous driving, fully-functional, connected, comfortable, mobile office space? What if the service was provided via an on demand subscription basis? Or what if it was provided by… Continue reading Volvo Cars’ new 360c autonomous concept: reimagining the work-life balance and the future of cities