India’s Ola is further widening its lead over Uber in the nation — and getting the help it needs from their mutual investor. Ola Electric has raised $250 million from SoftBank as India’s largest ride hailing firm pushes to scale its electric vehicles business in the country. The Series B financing round, details of which… Continue reading Ola Electric becomes India’s newest unicorn with new $250 million investment from SoftBank
Tag: Uber
Waymo makes autonomous vehicles available to Lyft riders
VIDEO5:2505:25Self-driving Waymo minivans are now available on Lyft in ArizonaSquawk BoxWaymo, a subsidiary of Google-parent Alphabet which is developing autonomous vehicles and related services, has officially expanded its reach and is now making some of its self-driving minivans available for customers of ride-share firm Lyft.
The rides are restricted to a small area just outside of Phoenix, Arizona, where Waymo has been testing self-driving vehicles and has started its own autonomous ride-share service called Waymo One.
Waymo's limited partnership with Lyft is the latest example of the company branching out to work with more companies as it develops autonomous vehicles and services. Earlier this month, Waymo struck a deal with Nissan and Renault to build self-driving vehicles for those automakers.
By partnering with Lyft, Waymo CEO John Krafcik believes the relationship gives both companies “the opportunity to collect valuable feedback.” For Waymo it will be able to better gauge how the public interacts with a self-driving vehicle. Until now, those getting rides in Waymo vehicles in the Phoenix area have been pre-screened and accepted into the Waymo early rider program.
Waymo's steady expansion comes as competitors are making their own plans to roll autonomous ride-share services. Later this year, General Motors subsidiary Cruise, is expected to unveil an autonomous ride-share service in a small area in or near San Francisco.
Uber, which dominates the ride-share industry in the U.S., is also working on its own fleet of self-driving vehicles. Earlier this month, Eric Meyhofer, the head of Uber's Advanced Technologies Group, told CNBC his company is working to deploy self-driving cars without safety drivers in limited areas. But he said Uber wants to be in “the good graces of public trust and regulatory trust” before deciding when to roll out Uber vehicles without someone behind the wheel.
Michelle Krebs, an analyst for Autotrader, believes widespread deployment of self-driving vehicles, whether in a ride-share program or elsewhere, is still years from happening.
VIDEO6:1806:18Tesla could surprise to the upside with autonomous driving: AnalystTrading Nation “Nobody knows the right answers technically, and certainly, nobody knows the right answer for building a business model,” she said. “So I think there is going to be a lot of partnering up, changing partners, and figuring out strategies before this settles out, and I think that's a way down the road.”
For now, Waymo is making just a handful of its vehicles available in the Phoenix area and eventually, up to 10 Waymo self-driving minivans will be eligible for Lyft rides. The service will be limited to those Lyft customers planning to start and complete a ride within the geofenced area where Waymo vehicles have been operating.
When Lyft customers in certain suburbs of Phoenix call up the app on the phone and look for a ride, they will be offered the chance to be shuttled in a Waymo autonomous-drive minivan or a traditional Lyft vehicle with a human driver. The Waymo minivans in the Lyft program will all have a safety driver behind the wheel.
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Careem ends Sudan operations as part of Uber takeover deal
FILE PHOTO: Careem employees walk past the company headquarters in Dubai, UAE December 13, 2018. REUTERS/Satish Kumar/File Photo DUBAI (Reuters) – Careem has ended operations in Sudan as part of its planned takeover by Uber, a spokeswoman said on Monday, less than a year after the Middle Eastern ride-hailing firm launched in the country. Careem… Continue reading Careem ends Sudan operations as part of Uber takeover deal
Uber Says Driverless Cars Can Only Happen in Lockstep With Regulators – Yahoo Finance
Uber Says Driverless Cars Can Only Happen in Lockstep With Regulators More Eric Meyhofer, the head of Uber’s advanced technology group, dispelled any notion on Thursday that driverless cars are a pipe dream or laughable relics from an old Jetsons cartoon. Subscribe to Skift newsletters covering the business of travel, restaurants, and wellness. Go to… Continue reading Uber Says Driverless Cars Can Only Happen in Lockstep With Regulators – Yahoo Finance
Five Japanese automakers to invest 2% each in SoftBank-Toyota self-driving car venture
Five Japanese automakers including Suzuki Motor Corp and Mazda Motor Corp on Friday said they would each invest 2% in the on-demand, self-driving car service venture set up by SoftBank Corp and Toyota Motor Corp. Suzuki, Mazda, Subaru Corp, Isuzu Motors Ltd and Toyota‘s compact car unit Daihatsu will each invest 57.1 million yen ($530,620) in the venture – dubbed Monet – in return for a… Continue reading Five Japanese automakers to invest 2% each in SoftBank-Toyota self-driving car venture
Grab raises more money — again
Southeast Asia’s highest-capitalized startup is sitting on even more money from investors today after ride-hailing Grab announced it has raised $300 million from Invesco. The deal takes Singapore-based Grab $7.5 billion raised to date. The money is part of its ongoing — feels-like-everlasting — Series H round which was started last June via a $1… Continue reading Grab raises more money — again
New Mercedes-Benz CLA Shooting Brake Enters Production In Hungary
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New Mercedes-Benz CLA Shooting Brake Enters Production In Hungary
27 Jun 2019, 10:24 UTC ·
by Mircea Panait
Home > News > Car Profile
Even though the taillights could’ve been better designed, the CLA Shooting Brake is a beautiful car for the compact segment. It’s also practical thanks to this particular body style, which features a 505-liter trunk as opposed to the 460 liters of the C-Class T-Modell.
54 photos
Now in production in Hungary, the CLA Shooting Brake is manufactured by a “highly-motivated and well-trained workforce.” According to the site manager and chief executive officer, Christian Wolff, “these colleagues ensure that the success story of the CLA will continue at Kecskemét.”
Production at the Hungarian plant commenced in 2012, and these days, the A-Class and CLA Coupe are also built there. Starting in 2020, Kecskemét will utilize CO2-neutral electric power and the remainder of Mercedes-Benz plants in Europe will follow by 2022.
Coming with the latest version of Mercedes-Benz User Experience, the CLA Shooting Brake also features MBUX Interior Assist, gesture recognition, Energizing comfort control, and active safety functions from the S-Class luxury sedan. Since the originals were launched, both the coupe and family-oriented model totaled 750,000 sales.
The biggest market for the CLA-Class is China, followed by the United States and Germany. Across the Atlantic, CLA-Class customers are “on average around ten years younger than the average Mercedes-Benz customer.” Turning our attention back to the Hungarian plant, more than 4,700 employees are responsible for the production of more than 190,000 cars every year.
So far, the CLA Shooting Brake has been announced with eight engine options. The list starts with the 180 at 32,213 euros in Germany, followed by the 200, 220, 250, and AMG 35. Three turbo diesels are also available, namely the 180 d, 200 d, and 220 d. The AMG 35 is the most powerful of the lot, packing 306 PS and 400 Nm of torque from 2.0 liters of displacement.
The lineup will be completed by the 45 and 45 S, which utilize a 2.0-liter turbo four-cylinder engine capable of more than 400 horsepower. Now that sounds like a fun family car, don’t you think?
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MERCEDES BENZ models:MERCEDES BENZ GLB-Class (X247) Medium SUVMERCEDES BENZ GLS Large SUVMERCEDES BENZ GLC Coupe Medium SUVMERCEDES BENZ GLC CrossoverMERCEDES BENZ CLA Shooting Brake CompactAll MERCEDES BENZ models
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