General Motors headquarters is seen in the Renaissance Center in Detroit. (Photo: Stan Honda / Getty Images) General Motors Co. was the only Detroit automaker to post a net loss in 2017, down $3.9 billion as it adjusts for the new tax law and takes one last hit from the money-losing European business it sold… Continue reading GM posts strong 2017 despite losses
Tag: Autonomous
Ride-hailing app Grab to launch autonomous taxis before 2022
Ride-hailing app Grab to launch autonomous taxis before 2022 Subscribe to Premium now What do you get in your Premium Subscription package? Lex Column – The FT’s daily guide to the corporate and financial stories that matter. Since the 1930’s Lex has been providing concise, readable and timely commentary on companies, markets and the theory… Continue reading Ride-hailing app Grab to launch autonomous taxis before 2022
Embark’s self-driving semi completes trip from California to Florida
Embark Last year, autonomous trucking company Embark announced that it would begin using its Level 2 autonomous semis to deliver refrigerators from Texas to California. Now, TechCrunch reports, the company has taken it a step further as one of its trucks has now completed a 2,400 mile trip from Los Angeles to Jacksonville, Florida. The… Continue reading Embark’s self-driving semi completes trip from California to Florida
Speed, Ownership, Impact, and SunChips
Speed, Ownership, Impact, and SunChips Why you should (really) come have lunch at Uber in downtown San Francisco Adam Starr, Growth Design Copywriter at Uber Whether you’re a designer, or an engineer or a product manager, you’re most likely getting hit up on LinkedIn a few times a week and asked to consider joining a new… Continue reading Speed, Ownership, Impact, and SunChips
Bikes, flying taxis, ride-sharing & more
Bikes, flying taxis, ride-sharing & more Welcome to our weekly news highlights, the place where you‘ll find the most important information in the urban mobility space. Follow us to keep updated, we post every Tuesday! Here is what happened last week: Uber to launch dockless bike-sharing in SF Uber and Jump have made a partnership that will… Continue reading Bikes, flying taxis, ride-sharing & more
Europe will have 80 million fewer cars in 2030 as a result of shared transport
Posted 06/02/2018 14: 19: 08CET MADRID, 6 Feb. (EUROPA PRESS) – Europe will have 80 million fewer cars in 2030 as a result of shared transport and digitalization, according to the study ‘Eascy: the five dimensions that will transform the Automotive sector’ that has been developed by the consultancy PwC. The company expects the car… Continue reading Europe will have 80 million fewer cars in 2030 as a result of shared transport
Byton & Aurora
With Byton Aurora has a new cooperation partner in the development of autonomous driving. Aurora had one recently partnership agreement With VW and Hyundai closed and now comes the Chinese startup Byton. The startup has at CES with his prototypes advertised, which is electrically powered. This sensation has probably attracted more partners. Aurora and Byton… Continue reading Byton & Aurora
Continental & Nvidia want leadership in Autonomous Driving
The two companies, Continental and Nvidia, agree on a collaboration for autonomous driving. A new cooperation in the field of autonomous driving is beginning. In doing so, the suppliers want Continentalwho is also the BMW coalition belongs to the Baidu partners and the IT specialist Nvidia cooperate. Nvidia works with many companies, especially the IT… Continue reading Continental & Nvidia want leadership in Autonomous Driving
TomTom reports fourth quarter and full year 2017 results
Amsterdam, the Netherlands, 6 February 2018 7:30 AM CET Financial summary Q4 ’17 Revenue of €220 million (Q4 ’16: €266 million) Gross margin of 59% (Q4 ’16: 58%) EBITDA of €37 million (Q4 ’16: €39 million) Cash flow from operating activities of €98 million (Q4 ’16: €76 million) Financial summary FY ’17 Revenue of €903… Continue reading TomTom reports fourth quarter and full year 2017 results
Scania & Haylion Cooperation
The two companies Scania and Haylion Technologies want to work together for the development of autonomous e-vehicles. Scania Haylion cooperation signing. Source: Scania The vehicle manufacturer and VW Daughter, Scania, has been working for some time on the automation and networking of trucks, The development of technology will be pushed together with the Chinese company… Continue reading Scania & Haylion Cooperation