Sound familiar? Enter the Wuhan Hundreds of driverless robotaxis are causing mayhem in the Chinese city of Wuhan. As Bloomberg reports, the fleet of vehicles deployed by Chinese tech giant Baidu is triggering traffic jams by driving too cautiously, frustrating the city’s residents. And if that sounds familiar, you aren’t alone. Similar driverless robotaxi services… Continue reading China Flooded With Robotaxis Causing Traffic Jams
Tag: Mobility
To carry on the spirit of Flying Tigers
BEIJING, Aug. 1, 2024 /PRNewswire/ — A report from People’s Daily: My name is K. C. Ma. I’m the vice president of the Flying Tiger Historical Organization. Continue Reading The delegation of the Sino-American Aviation Heritage Foundation attended a Flying Tigers historical photo exhibition in Beijing on Oct. 30，2023.(Photo by Zhang Penghui/People’s Daily) My bond with… Continue reading To carry on the spirit of Flying Tigers
Ola Electric’s IPO attracts $2b worth of bids from institutional investors: reportNomura and Norges Bank were allocated around $24m each, Reuters repo…
Ola Electric‘s IPO drew bids worth over $2 billion from institutions ahead of its opening for retail investors, with shares allocated to Nomura, Norges Bank and some Indian mutual funds, a source with direct knowledge said. Indian Electric scooter maker Ola, backed by SoftBank, plans to raise $734 million in the country’s biggest IPO this year. The quota for… Continue reading Ola Electric’s IPO attracts $2b worth of bids from institutional investors: reportNomura and Norges Bank were allocated around $24m each, Reuters repo…
14:00 ETDana Incorporated to Participate in J.P. Morgan Auto ConferenceDana Incorporated (NYSE: DAN) announced today it will participate in the J.P. M…
MAUMEE, Ohio, Aug. 1, 2024 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will participate in the J.P. Morgan Auto Conference on Aug. 7, 2024. Beginning at 1:35 p.m., EDT, Dana’s Senior Vice President and Chief Financial Officer, Timothy Kraus, will provide a brief overview of the company and answer questions for approximately 35… Continue reading 14:00 ETDana Incorporated to Participate in J.P. Morgan Auto ConferenceDana Incorporated (NYSE: DAN) announced today it will participate in the J.P. M…
Uber and BYD collaborates for Global EV transition
Uber announced a multi-year strategic partnership designed to bring 100,000 new BYD electric vehicles onto the Uber platform across global markets. Beginning first in Europe and Latin America, the partnership is expected to offer drivers access to best-in-class pricing and financing for BYD vehicles on the Uber platform, and will expand to include markets across… Continue reading Uber and BYD collaborates for Global EV transition
Nissan and Honda unite to join global software-defined EV race, play catch up with Tesla
Nissan and Honda building a software-defined EV? The Japanese automakers revealed a new partnership Thursday as they look to keep pace with Tesla and others leading the SDV movement. Nissan and Honda deepen EV alliance with SDVs After confirming plans to partner up in March, Nissan and Honda are deepening their alliance. The Japanese automakers… Continue reading Nissan and Honda unite to join global software-defined EV race, play catch up with Tesla
Tesla Full Self-Driving data makes Elon Musk lower expectations
Tesla still resists releasing its Full Self-Driving data, but early crowdsourced data shows that improvements are much more limited than CEO Elon Musk told us. He is now lowering expectations. Over the last few months, Musk has hyped up Tesla’s two latest Full Self-Driving (FSD) software update, 12.4 and 12.5. For 12.4, the CEO said… Continue reading Tesla Full Self-Driving data makes Elon Musk lower expectations
China, Europe develop stronger auto industry ties
Visitors check out a new energy sports car displayed at the World Intelligence Expo 2024 in Tianjin in June. [Photo/Xinhua] SHENYANG — At the Tiexi plant of BMW Brilliance Automotive Ltd in Northeast China, rows of sleek electric vehicles await global delivery. Just a street away, an auto parts factory buzzes with activity, crafting components… Continue reading China, Europe develop stronger auto industry ties
GM China joint venture posts strong NEV sales in H1
Dozens of SAIC-GM-Wuling’s popular Hong Guang MINI EV are shown at an event in Shanghai. [Photo provided to chinadaily.com.cn] NANNING – SAIC-GM-Wuling (SGMW), a joint venture between SAIC Motor, General Motors and Liuzhou Wuling Motors, reported strong new energy vehicle (NEV) sales in the first six months of 2024, selling 243,000 NEV units during the… Continue reading GM China joint venture posts strong NEV sales in H1
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Tesla, Inc. – TSLA
NEW YORK, Aug. 1, 2024 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Tesla, Inc. (“Tesla” or the “Company”) (NASDAQ: TSLA). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether Tesla and certain of its officers and/or directors have engaged in securities fraud or other unlawful… Continue reading SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Tesla, Inc. – TSLA