Lyft announced a plan on Wednesday to transition to “100 percent” electric or zero-emission vehicles by 2030. By working with automakers and rental car companies, as well as the millions of independent contractors who drive for Lyft every day, the ride-hailing company believes it can prevent “tens of millions of metric tons” of pollutants from… Continue reading Lyft vows ‘100 percent’ of its vehicles will be electric by 2030
Tag: People
Small Car Rental Companies Pivot to New Business
Rich Guernsey, owner of Rabbit Rentals in Utah, installed keypads on the doors of his vans for $150 to facilitate a contactless rental process. Photo courtesy of Rabbit Rentals. “The coronavirus crisis could not have come at a worse time,” wrote Rich Guernsey, owner of Rabbit Rentals, on May 21. “We took delivery of the… Continue reading Small Car Rental Companies Pivot to New Business
Uber pushes into on-demand public transit with its first SaaS partnership
Uber will manage an on-demand service for Marin County in the San Francisco Bay area with a Software as a Service product as part of the ride-hailing company’s broader strategy to push into public transit. Marin Transit will pay Uber a subscription fee to use its management software to facilitate requesting, matching and tracking of… Continue reading Uber pushes into on-demand public transit with its first SaaS partnership
FCA moves closer to state guarantee for $7.1 billion loan: source
ROME (Reuters) – Italy’s Treasury has taken a further step towards approving a state guarantee for a 6.3 billion euro ($7.1 billion) loan for Fiat Chrysler’s (FCHA.MI) Italian unit, a government source told Reuters on Wednesday. FILE PHOTO: Fiat Chrysler Automobiles (FCA) headquarters are seen in Turin, Italy, July 21, 2018. REUTERS/Massimo Pinca/File Photo The… Continue reading FCA moves closer to state guarantee for $7.1 billion loan: source
Exclusive: Who’s in charge at Nissan? COO’s allies push to give him shared CEO role – sources
(Reuters) – Nissan’s chief operating officer Ashwani Gupta helped engineer the troubled automaker’s latest turnaround plan. Now his allies are pressing the board to promote him to co-CEO to drive the new strategy, said four people with direct knowledge. FILE PHOTO: Nissan Motor COO Ashwani Gupta speaks during a news conference at Nissan Motor headquarters… Continue reading Exclusive: Who’s in charge at Nissan? COO’s allies push to give him shared CEO role – sources
GoFor Closes 9.8M Seed Round Led By Builders VC
Round will fuel expansion across North America. OTTAWA, June 17, 2020 /PRNewswire/ – GoFor Industries, a provider of last mile logistics solutions, announced today the closing of its seed round of $9.8 million led by Builders VC, CEMEX Ventures, Mucker Capital, Plug and Play Ventures, Panache Ventures, I2BF Global Ventures, and the Capital Angel Network. The company’s… Continue reading GoFor Closes 9.8M Seed Round Led By Builders VC
Lucid Motors Resumes Large-Scale Vehicle Development; Production Version of the Lucid Air Premieres in September
As Lucid’s 1,000+ employees return to work in a phased approach based on local and state mandates – with none ever laid off or furloughed – they resume vehicle development work that was only briefly delayed during shelter-in-place. Furthermore, that effort is accelerated by over 160 new employees who were hired in the last 90… Continue reading Lucid Motors Resumes Large-Scale Vehicle Development; Production Version of the Lucid Air Premieres in September
Umicore Gets €125 Million Loan From EIB For Battery Materials Plant
Belgium/Poland: EIB and Umicore conclude €125 million loan for battery materials production in Poland 15 June 2020 First EIB loan to the Belgian group to finance the construction of a cathode material manufacturing facility in Nysa, Poland Umicore’s facility will support its customers in meeting the growing demand for rechargeable lithium-ion batteries for electric… Continue reading Umicore Gets €125 Million Loan From EIB For Battery Materials Plant
Arrival expands beyond electric delivery vans with a new EV bus
Arrival’s all-electric delivery vans have won the UK startup a lot of buzz and ample funding from grownup companies like UPS and Hyundai, all before any of those vehicles have actually been deployed. But now the startup is ready to reveal it’s been working on another type of electric vehicle: buses. Later today, Arrival will… Continue reading Arrival expands beyond electric delivery vans with a new EV bus
The US’s jaywalking laws target people of colour. They should be abolished
Opinion Black Lives Matter movement The US’s jaywalking laws target people of colour. They should be abolished Arwa Mahdawi Why should walking be a crime – especially if you’re black or Hispanic? Ninety per cent of illegal-walking tickets issued in New York in 2019 went to black and hispanic people. Photograph: David Jackson/Getty Images/iStockphoto Being… Continue reading The US’s jaywalking laws target people of colour. They should be abolished