Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU Welcome to our weekly news highlights by Splyt, the place where you‘ll find the most relevant information about the urban mobility scene. Follow us for updated news, we post every Tuesday! Here is what happened last week: Hyundai Invests in Grab And yet, another automaker… Continue reading Spotlight on Singapore: Grab x Hyundai, ComfortDelGro x Uber & Volvo x NTU
Tag: Uber
One year old Pony.ai raises $112 million Series A to build autonomous car future
No that’s not a typo. Yes, that is larger than the median IPO fundraise last year. But few problems are as daunting as trying to build a fully autonomous car, particularly without the large resources of technology giants like Google, Uber, or Baidu behind you. So for Pony.ai, which was founded a little more than… Continue reading One year old Pony.ai raises $112 million Series A to build autonomous car future
Fiat Chrysler’s Marchionne: The Future of Cars Will Be Electric and Commoditized
Sergio Marchionne, one of the longest-serving CEOs in the auto industry, has a stark warning: Carmakers have less than a decade to reinvent themselves or risk being commoditized amid a seismic shift in how vehicles are powered, driven and purchased. Developing technologies like electrification, self-driving software and ride-sharing will alter consumers’ car-buying decisions within six… Continue reading Fiat Chrysler’s Marchionne: The Future of Cars Will Be Electric and Commoditized
Softbank invests €460M in Germany’s Auto1 car dealer platform
Softbank’s Vision Fund has made another investment: The Japanese conglomerate has agreed to invest €460M in Berlin-based online car dealer Auto1. Auto1 confirmed the investment in a press release put out today, saying the deal values the company at €2.9BN. Around half of the investment is being made through the issue of new shares, it added. The… Continue reading Softbank invests €460M in Germany’s Auto1 car dealer platform
Adapt or Die Is Marchionne’s Stark Farewell Message to Carmakers
Sergio Marchionne, one of the longest-serving CEOs in the automotive industry, has a blunt warning: Carmakers have less than a decade to reinvent themselves or risk being commoditized amid a seismic shift in how vehicles are powered, driven and purchased. Developing technologies like electrification, self-driving software and ride-sharing will alter consumers’ car-buying decisions within six… Continue reading Adapt or Die Is Marchionne’s Stark Farewell Message to Carmakers
No pedal to the metal in GM’s planned self-driving Cruise AV car – Times of India
DETROIT: General Motors Co is seeking U.S. government approval for a fully autonomous car – one without a steering wheel, brake pedal or accelerator pedal – to enter the automaker’s first commercial ride-sharing fleet in 2019, executives said. For passengers who cannot open doors, the Cruise AV – a rebranded version of GM‘s Chevrolet Bolt… Continue reading No pedal to the metal in GM’s planned self-driving Cruise AV car – Times of India
Ford-backed self-driving car in crash that sent two to hospital
Ford exhibited self-driving delivery vehicle at CES 2018 this week – a modified Fusion, the same model involved in the Pittsburgh crash. Photograph: Jae C. Hong/AP Self-driving cars Ford-backed self-driving car in crash that sent two to hospital Modified Ford Fusion test car containing four occupants hit by van jumping red light in Pittsburgh, less… Continue reading Ford-backed self-driving car in crash that sent two to hospital
Daimler’s car-sharing service: Car2go is growing fast
car2go Daimler’s car-sharing service was used 24 million times last year. (Photo: Reuters) The car-sharing provider Car2go from the DaimlerGroup has seen strong growth in customer numbers over the past year. With 2.97 million customers 30 percent more users were registered with the company than the year before, said Car2go on Thursday in Stuttgart. As… Continue reading Daimler’s car-sharing service: Car2go is growing fast
Grab, Uber’s rival in Southeast Asia, pulls in strategic investment from Hyundai
Grab, Uber’s closest rival in Southeast Asia, continues to slowly release information about its newest funding round after it revealed it has netted a strategic investment from Hyundai. To recap, the Singapore-based firm raised a massive $2 billion led by SoftBank and China’s Didi Chuxing last July with plans to extend the round by a… Continue reading Grab, Uber’s rival in Southeast Asia, pulls in strategic investment from Hyundai
Uber rival Taxify expands into Lisbon while eyeing fresh funding
FRANKFURT (Reuters) – Taxify, Uber’s upstart European-based rival, is looking to expand during the coming year outside of the biggest cities in the more than 20 countries where it now operates into secondary markets, Chief Executive Markus Villig said on Thursday. The Estonia-based taxi-hailing platform active in Central and Eastern Europe and Africa, has taken… Continue reading Uber rival Taxify expands into Lisbon while eyeing fresh funding