This is what happened around the world in Urban Mobility

This is what happened around the world in Urban Mobility Welcome to the weekly news roundup by Splyt, the place where you can find the most important news in the Urban Mobility space. This week, we have divided the headlines geographically. We hope you enjoy the read! MENASA: Careem, Moovit Following the trend of ride-hailing platforms offering… Continue reading This is what happened around the world in Urban Mobility

Uber’s hosting its flying taxi-focused Elevate Summit for a second year

Uber will talk about flying taxis, autonomous aerial transport and everything in between, in an industry event designed to bring together stakeholder on the subject in one place. This is the second year in a row that Uber has hosted its ‘Elevate Summit,’ and this year it’s in LA. The event fill feature a ton… Continue reading Uber’s hosting its flying taxi-focused Elevate Summit for a second year

Parking giant says Uber, Lyft have cut parking business up to 50% in some venues

SAN DIEGO: The US parking giant Ace Parking says that Uber and Lyft are eating into the parking business – with as much as 50% less traffic at nightclubs and a 25% drop at restaurant valets.  A death knell for paid parking? No, Ace and others say they are going high-tech to survive.  In downtown… Continue reading Parking giant says Uber, Lyft have cut parking business up to 50% in some venues

Top Automotive Industry News for Week of February 19 – February 26, 2017

Here is the most important news associated with the automotive industry identified by the SEA for the week February 19, 2018 – February 25, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- The 2018 NADA AEA Member Reception is coming soon! The next… Continue reading Top Automotive Industry News for Week of February 19 – February 26, 2017

Chinese major shareholder launches multi-day charm offensive: Li Shufu visiting Daimler, Berlin relaxed

All articles and backgrounds 02/25/2018 Chinese major shareholder launches multi-day charm offensive Li Shufu visiting Daimler, Berlin quite relaxed REUTERS Largest Daimler shareholder on tour: Geely boss Li Shufu launched a multi-day charm offensive in Stuttgart and Berlin shortly after his entry Just yet a competitor, today already a major shareholder and guest in Stuttgart:… Continue reading Chinese major shareholder launches multi-day charm offensive: Li Shufu visiting Daimler, Berlin relaxed

UPDATE 3-Geely chairman builds $9 bln stake in Germany’s Daimler

BEIJING/FRANKFURT (Reuters) – The chairman of Chinese carmaker Geely has built up a 9.69 percent stake in Mercedes-Benz owner Daimler, filings showed on Friday, an aggressive move designed to open the door for an industrial alliance between the two carmakers. Two sources familiar with the thinking of Li Shufu said his move to accumulate the… Continue reading UPDATE 3-Geely chairman builds $9 bln stake in Germany’s Daimler

Is Uber selling its Southeast Asia business to Grab?

If you read the tech press, you might have seen reports that Uber is pursuing a sale in Southeast Asia that would see Grab, its Singapore-headquartered rival valued at $6 billion, acquire Uber’s business in the region. Rumors of such a tie-in have been rife for a while. Uber sold its China business in exactly such… Continue reading Is Uber selling its Southeast Asia business to Grab?

Uber CEO Says They’ll Have Autonomous Cars in 18 Months

20:20 Steve Sosnick Interactive Brokers LLC, Chief Options Strategist 22:00 Vanessa Colella Citi Venture Capital International, Chief Innovation Officer/Head 22:00 Crawford Del Prete Idc Research Inc, Exec VP:Research/Chief Research Ofcr 22:00 Om Malik True Ventures, Venture Partner 22:20 Mark Gurman Bloomberg Editorial, Bloomberg Journalist 22:20 Chad Anderson Space Angels Holdings Inc, Chief Executive Officer 22:30… Continue reading Uber CEO Says They’ll Have Autonomous Cars in 18 Months

Honcker raises at least $15M from IAC as it takes on the car-leasing-on-demand market

The car leasing and rental market is forecast to be worth $124 billion in 2022, and today a startup that is hoping to get a piece of that action by making the process of leasing a car easier is announcing a Series A in its effort to get there. Honcker — a New York-based startup… Continue reading Honcker raises at least $15M from IAC as it takes on the car-leasing-on-demand market

Uber CEO plans to ‘invest aggressively’ to compete with rivals Southeast Asia

Uber CEO Dara Khosrowshahi has distanced the company from reports that it might exit Southeast Asia and India. Currently in India on his maiden visit to Asia as Uber boss, Khosrowshahi told an audience that the company plans to continue to invest in Southeast Asia, where Uber has slipped behind Grab and Indonesia-based Go-Jek. “We expect to… Continue reading Uber CEO plans to ‘invest aggressively’ to compete with rivals Southeast Asia