Lyft CEO Logan Green said the US will reach “critical immunity” faster than many other countries. Lyft told investors Tuesday that it will be EBITDA-profitable in 2021 if the recovery continues. The US still has one of the worst COVID-19 outbreaks, but has higher-than-average vaccine rates. Visit the Business section of Insider for more stories.… Continue reading Lyft CEO Logan Green predicts US will reach ‘critical immunity levels’ faster than many international markets (LYFT)
Tag: Mobility
JPMorgan says other big companies are unlikely to copy Tesla’s big cryptocurrency bet because of Bitcoin’s volatility
Elon Musk. Win McNamee/Getty Images Tesla’s bold bitcoin bet is unlikely to be followed by other major corporates, according to JPMorgan. Bitcoin’s volatility is the main reason that will deter more mainstream companies, strategists said. Adding a 1% Bitcoin allocation “would cause a big increase in the volatility of the overall portfolio.” Sign up here for our… Continue reading JPMorgan says other big companies are unlikely to copy Tesla’s big cryptocurrency bet because of Bitcoin’s volatility
Lyft/driverless cars: along for the ride
Company’s consumer-facing app could turn autonomous vehicles into viable commercial proposition Go to Source
GM CEO says chip shortage could hit profits by $2 billion
By Ben Klayman, Paul Lienert 2 Min Read DETROIT (Reuters) – General Motors Co on Wednesday reported a higher-than-expected fourth-quarter profit on strong demand for trucks and SUVs during the COVID-19 pandemic but forecast weaker-than-expected 2021 results citing a shortage of chips used in car production. Slideshow ( 2 images ) GM shares were down… Continue reading GM CEO says chip shortage could hit profits by $2 billion
Velodyne Lidar Signs Five-Year Sales Agreement with ThorDrive
SAN JOSE, Calif.–(BUSINESS WIRE)– #VelodyneLidar–Velodyne Lidar announced a five-year sales agreement to provide Ultra Puck™ sensors to ThorDrive, an autonomous technology company. Go to Source
Vedanta launches aluminium cylinder head alloy at ACMA 2021
Vedanta, one of India’s foremost producer of metals and oil and gas has announced the formal launch of its newest product, the aluminium Cylinder Head Alloy, a critical raw material for manufacturing cylinder heads and other automotive components. The company says it is its latest value-added offering in its aluminium product line and caters to… Continue reading Vedanta launches aluminium cylinder head alloy at ACMA 2021
How auto industry is changing | Autos | auburnpub.com – Auburn Citizen
Mobileye, an Intel Company All of these changes will transform automakers from product producers to service providers. Ford announced that Spin, its micromobility subsidiary, will launch remotely operated e-scooters to cities in North America and Europe in 2021, with technology that will allow riders to hail one from several blocks away. Honda announced that it… Continue reading How auto industry is changing | Autos | auburnpub.com – Auburn Citizen
Automotive: the crazy stock market surge of Blink, the outsider of electric charging
Posted on Feb 10, 2019 2021 at 10: 00Updated Feb 10. 2021 at 10:45 At first glance, there are few reasons for the vitality of Blink Charging’s title. Never profitable since its founding in 2009, not really among the leaders in its market, the Miami (Florida) firm would only total $ 5.5 million in revenue… Continue reading Automotive: the crazy stock market surge of Blink, the outsider of electric charging
@Nissan: Nissan upgrades the NV300 Combi with sharper look and feel, enhanced powertrain and new safety technologies000212
2021/02/10 Exterior boasts sharper appearance while improvements to interior enhance premium comfort and feel More efficient powertrain offers new Euro6D Full compliant engine meeting the latest emissions regulations Improved smart cockpit sees a host of new safety technologies 5-year / 160,000km pan European warranty still comes as standard PARIS, France – Nissan has today unveiled… Continue reading @Nissan: Nissan upgrades the NV300 Combi with sharper look and feel, enhanced powertrain and new safety technologies000212
VW conducting flying cars feasibility study in China – TimesLIVE
Volkswagen is conducting a feasibility study in China about flying cars, Europe’s biggest car maker said on Tuesday, joining a growing number of companies looking into the potential technology. “Beyond autonomous driving, the concept of vertical mobility could be a next step to take our mobility approach into the future, especially in the technically affine… Continue reading VW conducting flying cars feasibility study in China – TimesLIVE