In a late Friday night blow to Uber, Lyft and other gig worker-centered companies, a superior court judge ruled that California’s Proposition 22, which was passed in 2020 and designed to overrule the state’s controversial AB-5 law on the employment status of gig workers, violates the state’s constitution. Frank Roesch, a superior court judge in… Continue reading California’s gig worker Prop 22 ruled unconstitutional by superior court
Tag: Mobility
@Toyota: An Eye for Design – The Overtake Podcast Features Kevin Hunter, President of Calty Design
In the latest episode of The Overtake podcast, Kevin Hunter, president of Toyota Motor Corporation’s North American design studio, Calty Design Research, joins host John Bozella to provide a glimpse into the world of automotive design. During the interview, Hunter talks about the design process from concept cars to the final production of consumer vehicles.… Continue reading @Toyota: An Eye for Design – The Overtake Podcast Features Kevin Hunter, President of Calty Design
ALYI Building Diverse Electric Motorcycle Fleet For Global Taxi Market Starting In Africa
ALYI has initiated an EV Rideshare Pilot Program targeting the existing motorcycle taxi market. The Pilot Program is a first step toward the planned fulfillment of an initial 2,000 electric motorcycle order. ALYI expects to begin generating revenue fulfilling the electric motorcycle order later this year. ALYI has built, and continues to add to, its… Continue reading ALYI Building Diverse Electric Motorcycle Fleet For Global Taxi Market Starting In Africa
China said to be pushing US IPO-bound firms to hand over management of data
Chinese regulators are considering pressing data-rich companies to hand over management and supervision of their data to third-party firms if they want US stock listings, sources said, as part of Beijing’s unprecedented scrutiny on private sector firms. The regulators believe bringing in third-party information security firms, ideally state-backed, to manage and monitor IPO hopefuls’ data could effectively… Continue reading China said to be pushing US IPO-bound firms to hand over management of data
Uber buys Hong Kong cab-hailing app HKTaxi marking first exit for Beyond Ventures
Uber Technologies has acquired HKTaxi, a mobile app that connects taxi drivers with riders in Hong Kong, to couple the firm’s local knowledge and engineering strength with its global R&D and operational capabilities, the ride-hailing giant announced on Friday. The acquisition will not have any immediate impact on drivers or riders using the HKTaxi or… Continue reading Uber buys Hong Kong cab-hailing app HKTaxi marking first exit for Beyond Ventures
BorgWarner Shares Congratulatory Message on AKASOL’s Grand Opening of their Gigafactory
AUBURN HILLS, Mich., Aug. 20, 2021 /PRNewswire/ — BorgWarner President and CEO, Frédéric Lissalde, and other members of the BorgWarner leadership team attended the Grand Opening of AKASOL’S Gigafactory 1, Europe’s largest factory for commercial-vehicle battery systems, located in Darmstadt, Germany. The grand opening, held on August 16th, was attended by Tarek Al-Wazir, Hessian Minister… Continue reading BorgWarner Shares Congratulatory Message on AKASOL’s Grand Opening of their Gigafactory
Bird shows improving scooter economics, long march to profitability
Newly reported financial data from Bird, an American scooter sharing service, shows a company with an improving economic model, and a multi-year path to profitability. However, that path is fraught unless a number of scenarios all work out, in concert and without a glitch. Bird, well-known for its early battles with domestic rival Lime, is… Continue reading Bird shows improving scooter economics, long march to profitability
Global and China L4 Autonomous Driving Report 2021: L4 Autonomous Driving for Commercial Vehicles Enters the Phase of Cross-Scenario Mass Production and Application
DUBLIN, Aug. 20, 2021 /PRNewswire/ — The “Global and China L4 Autonomous Driving and Start-ups Report, 2021″ report has been added to ResearchAndMarkets.com’s offering. In April 2021, Waymo’s CEO and CFO left the company. In addition, the Chief Safety Officer, head of manufacturing and global supply and general manager of Laser Bear LiDAR business, head… Continue reading Global and China L4 Autonomous Driving Report 2021: L4 Autonomous Driving for Commercial Vehicles Enters the Phase of Cross-Scenario Mass Production and Application
EV battery startup Ample raises $160 million in latest funding round
Khaled Hassounah, Ample CEO & Co-Founder, joined Yahoo Finance Live to discuss the company’s latest funding round and his outlook for the EV sector. Video Transcript ADAM SHAPIRO: The CEO and co-founder Khaled Hassounah is joining us with news that you just raised another $160 million. Tell us how that’s going to help you, because… Continue reading EV battery startup Ample raises $160 million in latest funding round
China mulls requiring US IPO hopefuls to hand over their data amid a crack down on overseas listings, report says
Great Hall of the People in Beijing, China. Du Yang/China News Service via Getty Images) Regulators in Beijing mull requiring companies looking to go public in the US to hand over their data, Reuters reported. The information will be monitored by third-party firms, preferably state-backed. Regulators believe this will limit the chances Chinese companies will… Continue reading China mulls requiring US IPO hopefuls to hand over their data amid a crack down on overseas listings, report says