Lyft’s car rental business had five locations. Photo: Chris Brown Lyft plans to shut down its car rental business and cut about 60 jobs, according to a report by Bloomberg. The company confirmed the news last week and it was first reported by The Wall Street Journal. The layoffs affect less than 2% of Lyft’s… Continue reading Lyft to Close Rental Car Business
Tag: Mobility
Siemens Switchgear Ltd., Shanghai expands robotic deployments with Geek+ for lean production via smart automation
Geek+ delivers four types of autonomous mobile robots in Siemens Switchgear’s Shanghai warehouse to create end-to-end system. New robots power Siemens Switchgear’s Plan For Every Part (PFEP) logistics model, which fully automates both picking and production line distribution. SHANGHAI, July 27, 2022 /PRNewswire/ — Geekplus, the global leader in autonomous mobile robots, has expanded collaboration… Continue reading Siemens Switchgear Ltd., Shanghai expands robotic deployments with Geek+ for lean production via smart automation
Nash Raises $20M in Series A Funding
Nash, a San Francisco, CA-based delivery orchestration platform provider, raised $20M in Series A funding. The round was led by Andreessen Horowitz, with support from Y Combinator and Rackhouse Venture Capital. The company intends to use the funds to accelerate hiring in engineering, sales, and other key business functions, and to expand to new verticals and markets,… Continue reading Nash Raises $20M in Series A Funding
Electric Power Systems of U.S. Selected as Provider of EPiC Battery System for Aircraft Production: SkyDrive
TOYOTA, Japan, July 27, 2022 /PRNewswire/ — SkyDrive Inc. (hereinafter “SkyDrive”), a Toyota City, Aichi Prefecture, Japan-based developer of “flying cars” (*1) and “cargo drones,” is pleased to announce that it has selected Electric Power Systems, Inc. (hereinafter “EP Systems”) headquartered in North Logan in the U.S. state of Utah, a leading provider of high-power… Continue reading Electric Power Systems of U.S. Selected as Provider of EPiC Battery System for Aircraft Production: SkyDrive
German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004858
Mercedes-Benz boss Ola Källenius Sales should now be well above the previous year’s level instead of just slightly, EBIT should increase slightly instead of stagnating. (Photo: dpa) Mercedes-Benz increased its profit in the second quarter despite falling sales in its passenger car division and, thanks to strong demand, is more confident about the year as… Continue reading German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004858
Brembo and Gold Phoenix in JV to make aftermarket brake pads in China
Brembo and Gold Phoenix have signed a 50/50 joint venture agreement establishing a new company, Shandong BRGP Friction Technology Co to create the first large scale Brembo manufacturing facility fully dedicated to produce innovative aftermarket pads. The JV, called Shandong BRGP Friction Technology Co, is expected to start operations in early 2023 in Jinan, the… Continue reading Brembo and Gold Phoenix in JV to make aftermarket brake pads in China
German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004856
Mercedes-Benz boss Ola Källenius Sales should now be well above the previous year’s level instead of just slightly, EBIT should increase slightly instead of stagnating. (Photo: dpa) Mercedes-Benz increased profits in the second quarter despite falling sales of its car division. From April to June, the operating result rose by six percent compared to the… Continue reading German Handelsblatt: Car manufacturer: Mercedes-Benz increases sales and profits – although the car manufacturer is selling fewer cars004856
Cleantechnica: Diess To Tesla Speculation Heats Up 002132
The operative word in the title to this story is “speculation.” When we reported last week that Herbert Diess had been fired as CEO of Volkswagen Group and given 30 days to clear out his office, we couldn’t help but wonder if he might receive a warm embrace from Elon Musk and Tesla. Now, the… Continue reading Cleantechnica: Diess To Tesla Speculation Heats Up 002132
No NFTs in Minecraft? This Crypto Group Will Make Its Own Game
On June 20, Microsoft-owned Mojang announced that NFTs and blockchain technology would no longer be allowed to “integrate” with Minecraft. That was bad news for NFT Worlds, which has spent months building an entire crypto-economy on top of a collection of the randomized seeds needed to make specific Minecraft maps. Now, the team behind NFT… Continue reading No NFTs in Minecraft? This Crypto Group Will Make Its Own Game
BMW targets 40% emissions cut by 2030
BMW is accelerating its push towards net zero carbon and sustainable manufacture with a pledge to reduce per-vehicle CO2 emissions by 40% by 2030, when measured across the “entire value chain”. “Sustainability means much more for BMW than merely building and selling electrically powered vehicles,” said Thomas Becker, head of sustainability and mobility. “Only a comprehensive… Continue reading BMW targets 40% emissions cut by 2030