Ola Electric has halted its plans to launch an electric car and wants to expend its energies on its e-scooter business, two persons in the know told Reuters. Softbank-backed Ola’s founder Bhavish Aggarwal had plans of launching an electric sports car in 2022, the newswire noted. Persons in the know told the newswire that the… Continue reading Ola halts India car project: Report
Tag: Mobility
Uber, Lyft, and DoorDash have finally won the Prop 22 gig worker battle
/ The ride-hailing and food delivery services won’t have to classify gig workers as employees. By Emma Roth, a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Share this story California Gig Workers Union members gather outside the Supreme… Continue reading Uber, Lyft, and DoorDash have finally won the Prop 22 gig worker battle
Lyft and Everlance Partner to Provide Tax Savings to Drivers
SAN FRANCISCO, July 25, 2024 /PRNewswire/ — Today, Everlance and Lyft announce a strategic partnership to better serve the rideshare driver ecosystem. This collaboration involves Everlance, an industry leader in providing tools for mobile workers, and Lyft (NASDAQ: LYFT), one of the largest transportation networks in North America, continuing to build and further the financial resources… Continue reading Lyft and Everlance Partner to Provide Tax Savings to Drivers
@Groupe PSA: PR One Equity Partners Invests in Comau to Foster Greater Growth in the Italian Industrial Automation Leader007676
AMSTERDAM – Stellantis N.V., one of the world’s largest automakers and mobility providers, and One Equity Partners (“OEP”), a middle market private equity firm, today announced that OEP has signed a binding agreement to make a majority investment in Comau S.p.A. (“Comau”), a global technology company specializing in industrial automation and advanced robotics. The spinoff… Continue reading @Groupe PSA: PR One Equity Partners Invests in Comau to Foster Greater Growth in the Italian Industrial Automation Leader007676
@Groupe PSA: PR First Half 2024 Results007675
AMSTERDAM – Stellantis N.V. today announced results for the first half of 2024, including €85.0 billion of Net revenues, down 14% y-o-y, and €5.6 billion in Net profit, down 48% y-o-y. AOI(1) of €8.5 billion represented a 10% AOI margin(2), and Adjusted diluted EPS(5) decreased 35% y-o-y. Lower financial performance in the first half of 2024… Continue reading @Groupe PSA: PR First Half 2024 Results007675
Gerardo Capozza leaves the position of General Secretary
25.07.2024 After six years of passionate collaboration The President Eng Sticchi Damiani and the Automobile Club of Italy thank and greet Dr. Gerardo Capozza who, starting from August 1st, leaves the position of General Secretary of the Institution. In 6 years of passionate collaboration, Gerardo Capozza has profitably contributed to the achievement of ACI’s objectives and… Continue reading Gerardo Capozza leaves the position of General Secretary
Visteon Announces Second Quarter 2024 Results
VAN BUREN TOWNSHIP, Mich., July 25, 2024 (GLOBE NEWSWIRE) — Visteon Corporation (NASDAQ: VC) today reported second quarter financial results. Highlights include: Sales of $1,014 million with Growth-over-Market of 9%1 Net income of $71 million Record Adjusted EBITDA of $136 million Launched 41 new products across 17 OEMs in the first half Won $3.1 billion… Continue reading Visteon Announces Second Quarter 2024 Results
PABLO AIR Collaborates with Renowned Graffiti Artist JonOne to Create Special Edition Pyrotechnic Drone
INCHEON, South Korea, July 25, 2024 /PRNewswire/ — PABLO AIR, a leading company in autonomous swarm control for unmanned aerial vehicles (UAVs), has teamed up with world-renowned graffiti artist JonOne to create a special edition of their cutting-edge drone, the PabloX F40 JonOne Edition. JonOne, celebrated for his vibrant colors and unique style that embody… Continue reading PABLO AIR Collaborates with Renowned Graffiti Artist JonOne to Create Special Edition Pyrotechnic Drone
Car Sharing Platforms Grow Across North America
A remarkable trend in the U.S. market is the trials of tele-operated car sharing. Las Vegas has seen the introduction of the first tele-operated car sharing services like Halo. Photo: Halo.Car The North American car sharing market in the US, Canada, and Mexico counts at least 70 operators today, according to a new white paper… Continue reading Car Sharing Platforms Grow Across North America
Indonesia’s Volta plans to roll out EV scooters in more SE Asian markets
PT Energy Selalu Baru (ESB), the Indonesian electric vehicle (EV) maker behind the two-wheeler brand Volta, plans to expand its business to Malaysia, Thailand, and Vietnam, a senior executive said. ESB is a subsidiary of the Indonesia Stock Exchange-listed PT NFC Indonesia Tbk (NFCX), part of MCASH Group. “We believe with our experience, we can… Continue reading Indonesia’s Volta plans to roll out EV scooters in more SE Asian markets