Another bump in the road for Elon’s full self-driving promise. Supply Chain Headache Well, this is a bad look. A CNBC report found that Tesla cut corners to deal with the rampant supply chain issues caused by the pandemic — putting yet another hurdle in the way to level three full-self driving cars. The Elon… Continue reading Tesla Accused of Cutting Corner That Makes Level 3 Self-Driving Impossible
Tag: Mobility
10:16 ETDana Incorporated to Announce 2021 Fourth-quarter and Full-year Financial Results, Host Conference Call and Webcast on February 23Dana Incorpo…
MAUMEE, Ohio, Feb. 9, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) will release its 2021 fourth-quarter and full-year financial results on Wednesday, Feb. 23, 2022. A press release will be issued at approximately 7 a.m. EST, followed by a conference call and webcast at 9 a.m. EST. Members of the company’s senior management team will… Continue reading 10:16 ETDana Incorporated to Announce 2021 Fourth-quarter and Full-year Financial Results, Host Conference Call and Webcast on February 23Dana Incorpo…
Valeo strengthens its leadership in the very fast-growing electrification market. Agreement signed for Valeo to hold 100% of…
Valeo Group | 9 Feb, 2022 | 5 min Integration of Valeo Siemens eAutomotive within Valeo’s “Powertrain Systems” Business Group, after July 1, 2022 The new combined entity, the “Valeo Powertrain Systems” Business Group will aim for: Annual growth of more than 12% over the 2021-2025 period Objective of 120 million euros in annual synergies,… Continue reading Valeo strengthens its leadership in the very fast-growing electrification market. Agreement signed for Valeo to hold 100% of…
The 2021 business year: Bosch increases sales and result – company exceeds forecasts
Bosch is stepping up its climate action – growth through electrification Bosch is committed to the goals of the EU’s Green Deal. Its business sectors are already implementing a broad range of measures to combat global warming: With its 400 locations worldwide, Bosch has been climate neutral since the first quarter of 2020. Between now… Continue reading The 2021 business year: Bosch increases sales and result – company exceeds forecasts
Uber wrapped 2021 with strong revenue growth and greater adjusted profitability
Today after the bell, Uber reported its fourth-quarter financial performance. The company saw $25.9 billion in gross platform spend, up 51% compared to its year-ago result, and revenues of $5.78 billion, up 83% compare to Q4 2020. The company also reported GAAP net income of $0.44 per share, though that number did include non-operating items… Continue reading Uber wrapped 2021 with strong revenue growth and greater adjusted profitability
Uber: Uber Announces Results for Fourth Quarter and Full Year 2021
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter and full year ended December 31, 2021. Financial Highlights for Fourth Quarter 2021 Gross Bookings grew 51% year-over-year (“YoY”) to $25.9 billion, or 50% on a constant currency basis, with Mobility Gross Bookings of $11.3 billion (+67% YoY) and Delivery Gross… Continue reading Uber: Uber Announces Results for Fourth Quarter and Full Year 2021
Startup Taps Finance Micromodels for Data Annotation Automation
After meeting at an entrepreneur matchmaking event, Ulrik Hansen and Eric Landau teamed up to parlay their experience in financial trading systems into a platform for faster data labeling. In 2020, the pair of finance industry veterans founded Encord to adapt micromodels typical in finance to automated data annotation. Micromodels are neural networks that require… Continue reading Startup Taps Finance Micromodels for Data Annotation Automation
Dana Incorporated to Announce 2021 Fourth-quarter and Full-year Financial Results, Host Conference Call and Webcast on February 23
MAUMEE, Ohio, Feb. 9, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) will release its 2021 fourth-quarter and full-year financial results on Wednesday, Feb. 23, 2022. A press release will be issued at approximately 7 a.m. EST, followed by a conference call and webcast at 9 a.m. EST. Members of the company’s senior management team will… Continue reading Dana Incorporated to Announce 2021 Fourth-quarter and Full-year Financial Results, Host Conference Call and Webcast on February 23
Nio, XPeng, Li Auto Have an Opportunity to Take Sizeable Market Share- Barclays
By Sam Boughedda Investing.com — Barclays analyst Jiong Shao started coverage of Nio Inc (NYSE:NIO), Xpeng Inc (NYSE:XPEV), and Li Auto Inc (NASDAQ:LI) with overweight ratings on Tuesday, telling investors in a note that the companies have an “opportunity to not only take a sizable market share of the domestic auto market” but also “build… Continue reading Nio, XPeng, Li Auto Have an Opportunity to Take Sizeable Market Share- Barclays
AAM Invests in Autotech Ventures, Will Leverage Access to New Mobility Opportunities
DETROIT, Feb. 9, 2022 /PRNewswire/ — American Axle & Manufacturing is committing $15 million to Autotech Ventures in a partnership that will provide access to new opportunities that complement AAM’s mission to develop and produce the industry’s most efficient and powerful electric drivelines. Autotech Ventures is an early-stage Silicon Valley venture capital firm focused on tech… Continue reading AAM Invests in Autotech Ventures, Will Leverage Access to New Mobility Opportunities