Tag: Mobility

UPDATE 1-Ford CEO open to investors in autonomous vehicles but cautious on VW

MIAMI (Reuters) – Ford Motor Co (F.N) Chief Executive Jim Hackett told Reuters the company was open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG (VOWG_p.DE) (VOWG.DE) was a “delicate dance.” FILE PHOTO: Jim Hackett, CEO of Ford Motor Company, listens to… Continue reading UPDATE 1-Ford CEO open to investors in autonomous vehicles but cautious on VW

Sixt shoots 158% profit until September by selling its stake in DriveNow

Posted 11/15/2018 11: 12: 54CET MADRID, 15 Nov. (EUROPA PRESS) – The car rental company Sixt closed the first nine months of the year with a net attributable profit of 390.17 million euros, representing an increase of 158% compared to the same period of the previous year, according to data published by the company. The… Continue reading Sixt shoots 158% profit until September by selling its stake in DriveNow

Here’s What It Takes to Build a Self-Driving Business — And Where We Stand Today

About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading Here’s What It Takes to Build a Self-Driving Business — And Where We Stand Today

Continental and EasyMile inaugurate new autonomous driving R&D team in Singapore

A signed Memorandum of Understanding enables intense collaboration by experts from both companies to prepare the test of self-driving vehicles on public roads of the city-state Strongly interconnected with Continental’s and EasyMile’s global Autonomous Driving teams, the Singapore R&D focus will be pointing towards environmental perception, driving decision strategies, artificial intelligence, vehicle safety as well… Continue reading Continental and EasyMile inaugurate new autonomous driving R&D team in Singapore

UPDATE 1-Uber posts $1 bln loss in quarter as growth in bookings slows

SAN FRANCISCO (Reuters) – Uber Technologies Inc said on Wednesday that growth in bookings for its ride-hailing and delivery services rose 6 percent in the latest quarter, the third quarter in a row that growth has remained in the single digits after double-digit growth for all of last year. FILE PHOTO: The Uber application is… Continue reading UPDATE 1-Uber posts $1 bln loss in quarter as growth in bookings slows

Daimler and Bosch: San José as the pilot city for automated ride-hailing service : Overview

Daimler is going to invest over 1.1 billion RMB (approximately 145 million EUR) to build a Research and Development Tech Center in China. This marks the further expansion of the company’s footprint in its single largest market and will be its second major R&D site in Beijing, following the Mercedes-Benz R&D Center established in 2014.… Continue reading Daimler and Bosch: San José as the pilot city for automated ride-hailing service : Overview

Daimler Accelerates Localization of Mercedes-Benz Products with Investment in New Tech Center China: Overview

Daimler is going to invest over 1.1 billion RMB (approximately 145 million EUR) to build a Research and Development Tech Center in China. This marks the further expansion of the company’s footprint in its single largest market and will be its second major R&D site in Beijing, following the Mercedes-Benz R&D Center established in 2014.… Continue reading Daimler Accelerates Localization of Mercedes-Benz Products with Investment in New Tech Center China: Overview

Volkswagen implements electric strategy consistently

Following Zwickau, Volkswagen intends to change its plants at Emden and Hanover in Germany over to the production of electric vehicles. After Zwickau, Volkswagen is there-fore establishing its second e-mobility center in Germany in Lower Saxony. CEO Dr. Her-bert Diess: “Volkswagen is implementing its electric offensive consistently. We are orient-ing the company towards clean mobility.… Continue reading Volkswagen implements electric strategy consistently

Ford, Walmart and Postmates Team Up for Self-Driving Goods Delivery

Ford, Walmart and Postmates Team Up for Self-Driving Goods Delivery By Brian Wolf, Director, Business Development, Ford Autonomous Vehicles LLC After surviving a tough day at work or managing the kids’ schedules, the thought of leaving the house again to run to the store can feel downright exhausting — especially if stores around you aren’t conveniently located. At Ford,… Continue reading Ford, Walmart and Postmates Team Up for Self-Driving Goods Delivery