Ride-hailing company Lyft lost $135.7 million in the third quarter due to the shutdown of autonomous vehicle company Argo AI, in which Lyft had a small stake. Late last month, Argo AI closed its doors as its main backers, Ford and Volkswagen, pulled their investments in order to focus on more near-term goals like advanced… Continue reading Lyft takes $135.7 million hit on Argo AI shutdown
Tag: Mobility
CNX and New Frontier Announce Strategic Partnership to Leverage Abated Methane Emissions to Transform International Travel
PITTSBURGH and SAN FRANCISCO, Nov. 7, 2022 /PRNewswire/ — CNX Resources Corporation (NYSE: CNX) and New Frontier Aerospace, Inc. (NFA) today announced the companies have entered into an agreement, facilitated by Anew Climate, LLC (Anew Climate), to utilize abated methane emissions to fuel net carbon neutral ground and flight tests of NFA’s hypersonic vertical takeoff… Continue reading CNX and New Frontier Announce Strategic Partnership to Leverage Abated Methane Emissions to Transform International Travel
Gallery
Nov 7 (Reuters) – Ride-hailing company Lyft Inc (LYFT.O) on Monday forecast current-quarter revenue slightly below Wall Street estimates, hurt by competition from Uber Technologies Inc even while demand for rideshare picks up and prices rise. Lyft’s shares were down 9% in extended trading. The stock has lost nearly 70% of its value so far… Continue reading Gallery
Honda’s new AI-powered ‘golf cart’ look-alike will drive you around without a license
The new “Honda CI Micro-Mobility” self-driving EVs are set to hit the streets, combining Artificial (AI) and Cooperative (CI) technologies. Although it may resemble the look of a golf cart, Honda’s “Micro Mobility” concept is capable of much more, with features designed to shuttle around those who either don’t want to or can’t drive. Honda… Continue reading Honda’s new AI-powered ‘golf cart’ look-alike will drive you around without a license
Lidar makers Ouster and Velodyne agree to merge
The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Taylor, Vice President, NYSE Listings and Services, rings The Opening Bell®. NYSE Lidar makers Ouster and Velodyne have agreed to merge, combining roughly… Continue reading Lidar makers Ouster and Velodyne agree to merge
UK Automotive launches Career Guide to attract the brightest and best to deliver Net Zero
SMMT Charitable Trust Fund and partners launch Career Guide to mark Green Careers Week and showcase the breadth of new opportunities for school leavers to lead the mobility revolution. 14,000 skilled roles already delivered or being created following billions of pounds of industry investment in zero emission cars, vans, trucks and buses, with thousands more… Continue reading UK Automotive launches Career Guide to attract the brightest and best to deliver Net Zero
German FAZ: VW gives up car sharing provider 004502
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German Manager Magazin: Shannon Liss-Riordan: This top lawyer is representing the fired Twitter employees002128
at Twitter events rolled over backwards last week. Immediately after taking over the short message service, the new owner fired Elon Musk (51) Twitter management. A little later, the multi-billionaire started doing it, around half of his 7,500 employees dismissed by email. There is talk of chaotic and anonymous mass layoffs. “Looks like I’m not… Continue reading German Manager Magazin: Shannon Liss-Riordan: This top lawyer is representing the fired Twitter employees002128
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FRANKFURT, Nov 7 (Reuters) – Mercedes-Benz (MBGn.DE) Chief Executive Ola Källenius on Monday spoke out against distancing oneself from China, saying it was “absolutely inconceivable” to write off the country. The comments came days after German Chancellor Olaf Scholz led a delegation of business leaders to China, urging German companies to diversify should the relationship… Continue reading Untitled
German Handelsblatt: Labor market: BMW, Volkswagen, BASF: This is how German companies advertise for US specialists005552
German companies in the USA It is becoming increasingly difficult for many companies to find qualified employees. (Photo: AP Photo, Reuters, BMW, BASF [M]) The Woodruff High School band plays at the opening of the new BMW training center. Governor Henry McMaster applauds the young musicians in their purple uniforms. “It’s great that you’re all… Continue reading German Handelsblatt: Labor market: BMW, Volkswagen, BASF: This is how German companies advertise for US specialists005552