Uber said on Tuesday that it has won a bid to work with subway system in India’s capital in one of its rare announcements in India, a key overseas market where it is facing an upheaval battle with local giant Ola. The ride-hailing giant said it has partnered with Delhi Metro Rail Corporation to deploy… Continue reading Dara Khosrowshahi says Uber remains committed to India but offers no concrete plans
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India Digest: Uber investor backs InstaCar; Credence raises funding
Online outstation taxi marketplace InstaCar has raised an undisclosed sum from Uber investor David Cohen while Credence Whole Foods Pvt. Ltd snagged over $1 million in a strategic investment from IndoCan Honey. InstaCar raises capital from Uber Cabs investor Outstation taxi marketplace InstaCar has raised an undisclosed sum from Uber investor David Cohen, according to… Continue reading India Digest: Uber investor backs InstaCar; Credence raises funding
Delft-based Hardt Hyperloop raises multi-million euro round to develop high-speed, zero emissions transportation
An international business consortium led by Dutch clean energy conglomerate Koolen Industries has made a multi-million euro investment in Hardt Hyperloop, the company that created Europe’s first full-scale operational hyperloop test-facility for the high-speed zero emissions transportation system.
Hardt Hyperloop has developed technology that will make the transportation industry more sustainable. By travelling through low-pressure tubes where there is almost no air resistance, it is possible to achieve speeds of more than 1,000 km/h (600 mph). The vehicles levitate magnetically, hence there is no wear and operational costs are minimal. Vehicles travelling in a tube are protected from any outside forces, which means the hyperloop technology is extremely efficient and highly reliable. Compared with high speed rail, the hyperloop requires less land area and its infrastructure is easier-to-build, so it is cheaper to implement and maintain.
This investment round was backed by the renowne..
The scooter season continues: e-scooters should stay on the streets in winter
The E-scooter in Berlin are also available to customers in winter. “We expect that in winter there will be fewer users, but still so many that we maintain the operation regularly,” said a spokesman for one of the largest providers in Berlin, Tier, on request. “The number of scooters on the roads will remain the… Continue reading The scooter season continues: e-scooters should stay on the streets in winter
NTSB to determine probable cause of fatal Uber self-driving crash
FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it’s IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid/File Photo WASHINGTON (Reuters) – The U.S. National Transportation Safety Board (NTSB) will hold a Nov. 19 hearing to determine the probable… Continue reading NTSB to determine probable cause of fatal Uber self-driving crash
Uber integrates electric moped service Cityscoot in Paris
Uber wants to become a super app by providing multiple services in a single app. That’s why the company is announcing an integration with French startup Cityscoot. Cityscoot is a free-floating electric scooter service (moped scooters). Just like other free-floating mobility services, you can open an app, locate the nearest vehicle around you, unlock it… Continue reading Uber integrates electric moped service Cityscoot in Paris
Self-Driving Requires Unprecedented Collaboration
By: Raj Kapoor, Chief Strategy Officer; and Luc Vincent, EVP Autonomous Driving In conversations about self-driving cars, people often talk about the rush to full autonomy like they’re commentators on a race — tracking new developments in technology, analyzing the strategic moves of the companies hurrying to be first. It’s easy to get caught up… Continue reading Self-Driving Requires Unprecedented Collaboration
Uber has laid off hundreds of employees in its third round of cuts this year (UBER)
Uber commenced a third round of layoffs on Monday, TechCrunch’s Megan Rose Dickey first reported. Roughly 350 employees in Uber Eats, ATG, and product roles were let go, according to an email from CEO Dara Khosrowshahi published by the news site. Uber has been under tremendous pressure to cut costs and turn a profit as… Continue reading Uber has laid off hundreds of employees in its third round of cuts this year (UBER)
Uber lays off another ~350 across Eats, self-driving and other departments
Uber has just laid off around 350 employees across a variety of teams within the organization, marking what the company says is its third and final phase of layoffs of the process it began earlier this year, Uber CEO Dara Khosrowshahi said to employees today in an email obtained by TechCrunch (full email below). Those… Continue reading Uber lays off another ~350 across Eats, self-driving and other departments
Uber launches boat service in Nigeria’s megacity Lagos
LAGOS (Reuters) – Global ride-hailing firm Uber Technologies Inc [UBER.UL] on Friday launched a pilot test of a boat service in Nigeria’s commercial capital Lagos to attract commuters seeking to avoid the megacity’s notoriously congested roads. The United Nations predicts that Nigeria’s population will more than double to 400 million by 2050, which would make… Continue reading Uber launches boat service in Nigeria’s megacity Lagos