The chief executive of ride-sharing firm Grab says he is confident regulators will not derail his plan to buy Uber’s South East Asian operations. Anthony Tan told the BBC he saw “zero issues” on how the deal was done. South East Asia’s most popular ride-hailing firm said last week it would buy its rival’s regional… Continue reading Grab boss: ‘Zero issues’ with Uber deal in South East Asia
Tag: Uber
Uber’s India rival Ola could add public transport services following latest acquisition
The rumors are true, India’s Uber rival/potential-future-M&A-buddy Ola has acquired transportation startup Ridlr in an undisclosed deal. Mint reported the imminent transaction last week, describing it as a fire sale, and today Ola confirmed the deal. The terms are undisclosed so you can make of that what you will. Founded in 2010, Ridlr operates as a… Continue reading Uber’s India rival Ola could add public transport services following latest acquisition
Startup Aurora discontinues Hosein by SpaceX
The startup Aurora, founded by Google people, reaches for SpaceX people. Aurora had recently found large cooperation partners: VW, Byton and Hyundai, Now you have on personal carousel turned. The former SpaceX Employee Jinnah Hosein will work for Aurora in the future. He was also for Google active, like the boss of Aurora Chris Urmson,… Continue reading Startup Aurora discontinues Hosein by SpaceX
Waymo and Honda reportedly will build a self-driving delivery vehicle together
Waymo has been negotiating a partnership with Honda since late 2016, when the company was still housed within Google. But now those talks are nearing completion, according to Bloomberg. And rather than moving people, as was the focus of Waymo’s deals with Fiat Chrysler and Jaguar Land Rover, the partnership with Honda will focus on… Continue reading Waymo and Honda reportedly will build a self-driving delivery vehicle together
Tesla Model X in Autopilot Killed a Driver. Officials Aren’t Pleased With How Tesla Handled It.
Tesla is taking PR very seriously after one of its vehicles in autonomous mode killed a passenger recently. The crash occurred at 9:27 AM on Highway 101 near Mountain View, California. Walter Huang was in the driver’s seat of the Model X, which was in autonomous mode. The car hit a concrete highway divider, marked with… Continue reading Tesla Model X in Autopilot Killed a Driver. Officials Aren’t Pleased With How Tesla Handled It.
Top Automotive Industry News for Week of March 26 – April 1, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week March 26, 2018 – April 1, 2018. We hope it helps you stay up to speed on the key developments in our industry: -Automotive Manufacturing News- 2018 New York Auto Show New Vehicle Debuts (Car and Driver)… Continue reading Top Automotive Industry News for Week of March 26 – April 1, 2017
UPDATE 1-Tesla says crashed vehicle had been on autopilot prior to accident
LOS GATOS, California (Reuters) – Tesla Inc said on Friday that a Tesla Model X involved a fatal crash in California last week had activated its Autopilot system, raising new questions about the semi-autonomous system that handles some driving tasks. FILE PHOTO: Rescue workers attend the scene where a Tesla electric SUV crashed into a… Continue reading UPDATE 1-Tesla says crashed vehicle had been on autopilot prior to accident
UberRUSH is shutting down
Uber is closing the doors on its on-demand package delivery service for merchants, RUSH, in New York City, San Francisco and Chicago, TechCrunch has learned. In an email to users, Uber said it plans to close RUSH operations June 30, 2018. “At Uber, we believe in making big bold bets, and while ending UberRUSH comes… Continue reading UberRUSH is shutting down
Singapore says Uber-Grab deal may violate competition laws
Uber’s exit from Southeast Asia is under scrutiny from regulators in Singapore who believe that Grab’s purchase of the U.S. firm’s business in the region may violates competition laws. Singapore-based Grab, Uber’s chief rival in the region, announced the acquisition of Uber’s Southeast Asian business on Monday. In return, Uber is taking 27.5 percent of the Grab… Continue reading Singapore says Uber-Grab deal may violate competition laws
At Uber, a New CEO Shifts Gears
The Indian city of Gurugram, which in Hindi means “village of the guru,” is a technology-and-business hub twenty miles south of New Delhi, reached by highways filled with auto-rickshaws, exhaust-spewing buses, and the occasional immovable cow. The city’s glass high-rises contain dozens of multinational corporations, including Pepsi, Google, and Microsoft. On a recent morning, a… Continue reading At Uber, a New CEO Shifts Gears