Elon Musk said he wanted the next Roadster to be able to hover “like a meter” off the ground. He told Joe Rogan he was trying to work out how to do this “without, you know, killing people.” Musk has already promised some versions of the Roadster will come with rocket thrusters. Visit the Business… Continue reading Elon Musk says he wants the new Tesla Roadster to be able to hover ‘without, you know, killing people’
Tag: Autonomous
VW explores feasibility of building flying cars – Automotive News Europe
HAMBURG — Volkswagen Group is conducting a feasibility study into flying cars, joining a growing number of companies looking into the potential technology. “Beyond autonomous driving the concept of vertical mobility could be a next step to take our mobility approach into the future, especially in the Chinese market,” VW said on Tuesday. “Therefore, we… Continue reading VW explores feasibility of building flying cars – Automotive News Europe
Autonomous Vehicles for Airports: Multiple Use Cases
It may be difficult to imagine at this moment, but the International Air Transport Association (IATA) predicts that air travel will double by 2036 — from 4 billion travelers in 2019 to 8 billion in 2036. While the pandemic-induced reduction in air travel has caused steep reduction in air traffic, Ty Osbaugh, director of aviation… Continue reading Autonomous Vehicles for Airports: Multiple Use Cases
Stellantis boss Tavares tours Detroit plants, talks up Chrysler brand
The Chrysler brand got props Wednesday from the new CEO of the merged company that controls its fate. Carlos Tavares, CEO of Stellantis, told reporters that Chrysler is one of three historical pillars that make up the foundation of the company, along with Peugeot and Fiat. Stellantis was formed last month from the merger of Peugeot maker… Continue reading Stellantis boss Tavares tours Detroit plants, talks up Chrysler brand
Uber investors struggled to grasp its Q4 earnings, reflecting the company’s uncertain road to profitability (UBER)
Uber reported its Q4 2020 earnings on Wednesday, and its mixed results highlighted the uncertain road ahead for the company, which has yet to turn a profit in its twelve-year history. Uber beat Wall Street’s earnings expectations, losing $0.54 per share versus estimates of $0.55 — but it fell short on revenue, with $3.17 billion… Continue reading Uber investors struggled to grasp its Q4 earnings, reflecting the company’s uncertain road to profitability (UBER)
Uber and Lyft are getting less unprofitable, but COVID-19 is still a drag on their business
Uber and Lyft reported their quarterly earnings this week, and while both companies are showing signs of improvement, the COVID-19 pandemic continues to cast a long shadow over the overall ride-hailing business. It raises the question of how both companies, neither of which have ever turned a profit, can hope to claw their way out… Continue reading Uber and Lyft are getting less unprofitable, but COVID-19 is still a drag on their business
Kargo raises $6M to smarten up loading docks for the coming wave of autonomy
When Sam Lurye looks at a loading dock he sees both a bottleneck in the world’s supply chain and an opportunity. The opportunity — driven by a tension between the digital and physical infrastructure at warehouse distribution centers and factories today and the push toward autonomy — prompted Lurye to found Kargo, a smart loading… Continue reading Kargo raises $6M to smarten up loading docks for the coming wave of autonomy
GreenPower Reports Fiscal Third Quarter 2021 Financial Results
VANCOUVER, B.C., Feb. 11, 2021 /PRNewswire/ — GreenPower Motor Company Inc. (Nasdaq:GP) (TSXV:GPV) (“GreenPower”), a leading manufacturer and distributor of zero emission electric powered vehicles serving the cargo and delivery, shuttle, transit and school bus markets, today announced financial results for its fiscal third quarter ended December 31, 2020. Highlights of the third quarter: delivered 17… Continue reading GreenPower Reports Fiscal Third Quarter 2021 Financial Results
Joining with Toyota and Uber gives Amazon-backed Aurora the tools it needs to take on self-driving leader Waymo
Three recent deals have given Aurora access to ride-hailing and car-building expertise. The latest, a partnership with Toyota, puts Aurora in a better position to compete with Waymo. But Aurora still has to prove it can put robotaxis on the road. Visit the Business section of Insider for more stories. Aurora Innovation has announced three… Continue reading Joining with Toyota and Uber gives Amazon-backed Aurora the tools it needs to take on self-driving leader Waymo
Audio Interview – Electric Vehicles and U.S. State Governments: A State by State Comparison
Detroit: GlobalAutoIndustry.com’s latest Audio Interview “Electric Vehicles and U.S. State Governments: AState by State Comparison” features Shruti Vaidyanathan. Ms. Vaidyanathan is transportation program director, ACEEE (American Council for an Energy-Efficient Economy), and oversees research on vehicle efficiency and system-wide transportation efficiency. She has 10 years’ experience in transportation efficiency issues and her work has most… Continue reading Audio Interview – Electric Vehicles and U.S. State Governments: A State by State Comparison