Tesla faces investor test after big jury award over racism

SAN FRANCISCO/BOSTON, Oct 6 (Reuters) – A contract worker has won a $137 million jury award over workplace racism against Tesla Inc (TSLA.O), raising pressure on the electric vehicle maker whose shareholders will vote on Thursday on a proposal to review how it addresses similar complaints for full-time employees. The nonbinding shareholder resolution asks Tesla’s… Continue reading Tesla faces investor test after big jury award over racism

EO Charging Unveils Complete Electric Vehicle Fleet Charging Ecosystem

From design to deployment, EO’s fleet solution includes everything a business or government needs to electrify vehicle fleets at scale and at pace. LONDON: EO Charging (“EO”), a leading provider of technology-enabled turnkey solutions for electric vehicle (“EV”) fleets, has unveiled its fleet EV charging ecosystem, the most complete charging infrastructure offering available for car,… Continue reading EO Charging Unveils Complete Electric Vehicle Fleet Charging Ecosystem

The Station: Tesla rolls out its FSD beta button, delivery deals heat up, micromobility evolves

Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Aria and Rebecca have a lot to share this week, so I’ll keep my intro short. I want to direct your attention to my latest podcast episode over… Continue reading The Station: Tesla rolls out its FSD beta button, delivery deals heat up, micromobility evolves

EVgo Boosts Fleet Services for its Charging Network

EVgo serves over 300,000 customer accounts including rideshare, autonomous, delivery, university, and other fleet clients. Photo: EVgo EVgo Inc. (NASDAQ: EVGO), a fleet electrification mover and owner-operator of the nation’s largest public fast charging network for electric vehicles (EVs), announced Sept. 23  the expansion of EVgo Fleet Charging Solutions with a new suite of services… Continue reading EVgo Boosts Fleet Services for its Charging Network

Uber adjusts third-quarter forecast in light of increased gross bookings

Uber said Tuesday that it could hit one measure of profitability in the third quarter, earlier than expected, as the ride-hailing company saw gains in its delivery and mobility businesses. The ride-hailing service told regulators in a filing this morning that it anticipated an increase in gross bookings and stronger adjusted EBITDA in the quarter… Continue reading Uber adjusts third-quarter forecast in light of increased gross bookings

TechnologyUber forecasts first-ever adjusted profit, shares jump 7%11:19 AM UTC

A screen displays the company logo of Uber Technologies Inc on the day of its IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid Sept 21 (Reuters) – Uber Technologies Inc (UBER.N) could post its first profit on an adjusted basis in the current quarter, its chief… Continue reading TechnologyUber forecasts first-ever adjusted profit, shares jump 7%11:19 AM UTC

India’s Cars24, a used-vehicle sales platform, raises $450M at a $1.84B valuation

The used car market is getting another major infusion of venture capital today, with one of the faster scaling startups out of India picking up a major round of financing to double down on growth: Cars24 — a site and app that sells users cars and used two-wheeled motorbikes — has raised $450 million, a… Continue reading India’s Cars24, a used-vehicle sales platform, raises $450M at a $1.84B valuation

German Manager Magazin: Uber: Crash of the mobility service under boss Dara Khosrowshahi in the second division001113

Restore iTunes subscription manager + is processed via your iTunes account and paid for with a purchase confirmation. 24 hours before it expires, the subscription is automatically renewed by one month at the current price of € 24.99. You can cancel the subscription at any time in the settings of your iTunes account. In order… Continue reading German Manager Magazin: Uber: Crash of the mobility service under boss Dara Khosrowshahi in the second division001113

@niche: Rivian For The Win: Electric Vehicle Maker Targets $8B IPO Windfall001242

Electric vehicle maker Rivian, which is backed by Amazon (NASDAQ: AMZN), Ford (NYSE: F), and T. Rowe Price, is looking to raise between $5 billion and $8 billion in an initial public offering, Reuters is reporting. The company filed last month confidentially with the Securities and Exchange Commission for an IPO that could value the… Continue reading @niche: Rivian For The Win: Electric Vehicle Maker Targets $8B IPO Windfall001242

Vahan Raises $8M in Series A Funding

Vahan, a Bangalore, India-based jobs & livelihood platform for blue-collar workers, raised USD 8m in series A funding. Madhav Krishna, Co-founder and CEO, Vahan The round was led by Khosla Ventures with participation from Airtel, SHAKTI VC (led by former Google exec Keval Desai with Eric Schmidt and Michael Dell as LPs), Pioneer Fund (Y… Continue reading Vahan Raises $8M in Series A Funding