Uber and Lyft are recovering from the COVID-19 pandemic as they push to regrow their fleet of US drivers. Incentives and benefits programs, along with increased COVID safety measures, are fueling drivers’ return to the app. The companies are citing higher hourly wages for their drivers, though they have oversold earnings to their drivers in… Continue reading Uber and Lyft say drivers are earning more than $35 an hour in some cities as the companies scramble to recruit them back
Tag: Mobility
@VW Group: Tradition on a New Course003635
The DKV Mobility Services Group combines a rich tradition with a future-oriented course. Founded more than 85 years ago, it has helped shape the European mobility sector in farsighted ways. Today it is Europe’s leading B2B mobility services provider, trusted by small enterprises and major trucking operations alike. Taxi companies, doctors’ offices, gardeners, and bakers—anyone… Continue reading @VW Group: Tradition on a New Course003635
@VW Group: When software writes software003634
Even today, cars are very much rolling computers. They contain a network of electronic control units (ECUs), with between 70 and 100 being installed in every modern vehicle. These computing units control fuel injection, regulate braking behaviour and monitor the air conditioning system. The next step will be HCPs (High Performance Computing Platforms), which will… Continue reading @VW Group: When software writes software003634
Qualcomm Bids $4.6 Billion for Veoneer in Battle With Magna
(Bloomberg) — Qualcomm Inc. offered to buy automotive technology company Veoneer Inc. for $4.6 billion, muscling in on a bid Magna International Inc. made for the supplier last month. At $37 a share, Qualcomm is offering an 18% premium to Magna’s $31.25-a-share bid. Veoneer and Magna said last month their boards had unanimously approved what… Continue reading Qualcomm Bids $4.6 Billion for Veoneer in Battle With Magna
Aptiv Reports Second Quarter 2021 Financial Results
Record Revenue Growth and Growth Over Market Raising Full Year Outlook DUBLIN, Aug. 5, 2021 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, today reported second quarter 2021 U.S. GAAP earnings of $0.54 per diluted share. Excluding special items, second quarter earnings totaled $0.60… Continue reading Aptiv Reports Second Quarter 2021 Financial Results
@Daimler: Mercedes-Benz Vans celebrates 15 years in Charleston
Plant started as a semi-knockdown assembly facility in 2006 Electric future ahead: next generation eSprinter coming second half 2023 Additional 50 million euros investment in the plant Celebrating 15 years of progress, first-day employees and new team members Charleston, SC, USA – More than 200,000 Sprinter and Metris vans have been assembled in North Charleston… Continue reading @Daimler: Mercedes-Benz Vans celebrates 15 years in Charleston
Lyft’s $20 per month membership program gets new bike-share benefits and an annual plan
Lyft is boosting its $19.99-per-month Lyft Pink membership program with new bike-share benefits and an annual option that’s cheaper than paying for the service month to month, the company announced Thursday. Lyft Pink’s primary benefit is a 15 percent discount on car rides, but previously, it also offered three free 30-minute bike or scooter rides… Continue reading Lyft’s $20 per month membership program gets new bike-share benefits and an annual plan
Omega Seiki Mobility unveils electric scooters
Omega Seiki Mobility (OSM) has unveiled its first electric two-wheelers, the Zoro and Fiare scooters at the launch of its first showroom in Pune. The company says bookings wlll commence by end-August and deliveries by the festive season. The e-scooters have a top speed of 45kph and a range of 85km on a single charge. They are… Continue reading Omega Seiki Mobility unveils electric scooters
Swiggy and Reliance BP Mobility to set up EV battery swapping stations
Online food delivery platform Swiggy has signed an agreement with Reliance BP Mobility (RBML) to build an ecosystem for electric vehicle battery-swapping stations across the country reports ANI. The partnership aims to synergise their strengths of scale, reach, and technology in creating a greener and cost-effective solution for delivery fleets through innovative business models. In… Continue reading Swiggy and Reliance BP Mobility to set up EV battery swapping stations
Meritor Reports Third-Quarter Fiscal Year 2021 Results
TROY, Mich., Aug. 4, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today reported financial results for its third fiscal quarter that ended June 30, 2021. Third-Quarter Highlights Sales of $1,016 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor of $42 million Diluted earnings per share from continuing operations of $0.58… Continue reading Meritor Reports Third-Quarter Fiscal Year 2021 Results