Tag: Mobility

Uber lays off 15% of Postmates’ workforce just 3 months after buying the food delivery app. Postmates founder Bastian Lehmann is reportedly among those let go.

Uber laid off around 185 Postmates staff on Thursday, sources told The New York Times. This included Bastian Lehmann, the founder and CEO of the food delivery app, the sources said. Uber bought the app in 2020, and the layoffs feed into Uber’s plan to better integrate Postmates and Uber Eats, the sources said. Visit Business… Continue reading Uber lays off 15% of Postmates’ workforce just 3 months after buying the food delivery app. Postmates founder Bastian Lehmann is reportedly among those let go.

Honeywell To Bring Next-Generation Inertial Sensors To Unmanned Vehicles Segment

PHOENIX, Jan. 25, 2021 /PRNewswire/ — Honeywell (NYSE: HON), with funding from the U.S. Defense Advanced Research Projects Agency (DARPA), is creating the next generation of inertial sensor technology that will one day be used in both commercial and defense navigation applications. Recently, findings gathered in Honeywell labs have shown the new sensors to be… Continue reading Honeywell To Bring Next-Generation Inertial Sensors To Unmanned Vehicles Segment

Hyundai launches AI-driven humanoid robot for automated customer services

Hyundai Motor Group has launched the ‘DAL-e’, a highly advanced customer service robot that independently communicates with people using precise recognition capabilities and mobility functions. The DAL-e is an acronym for ‘Drive you, Assist you, Link with you-experience’. Designed to pioneer the future of automated customer services, the DAL-e is equipped with state-of-the-art artificial intelligence… Continue reading Hyundai launches AI-driven humanoid robot for automated customer services

Autonomous driving startup Uisee attracts Chinese state investor in $150M round

There is no lack of state funding for China’s smart driving startups nowadays as the country advances its goal to become a global leader in artificial intelligence in a decade’s time. The latest to get a financial boost is Uisee, a Beijing-based company founded by a group of tech veterans including the former head of… Continue reading Autonomous driving startup Uisee attracts Chinese state investor in $150M round

@FCA: Stellantis convenes EGM to approve distribution of Faurecia shares and cash

Stellantis convenes EGMto approve distribution of Faurecia shares and cashAmsterdam, January 25, 2021 – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that it has published the notice convening the Extraordinary General Meeting of Shareholders (“EGM”) in order to approve the distribution by Stellantis to the holders of its common shares… Continue reading @FCA: Stellantis convenes EGM to approve distribution of Faurecia shares and cash

Hyundai Motor Group Leaning Towards Using Valeo’s LiDAR Sensors for Its First Level 3 Autonomous Vehicle “Genesis G90”

It is reported that Hyundai Motor Group plans to use LiDAR sensors from Valeo, a French automotive supplier, rather than from Velodyne for its first “level 3” autonomous vehicle “Genesis G90” that will be released in 2022.This decision is likely based on the fact that Velodyne has yet to reach a level to mass-produce LiDAR… Continue reading Hyundai Motor Group Leaning Towards Using Valeo’s LiDAR Sensors for Its First Level 3 Autonomous Vehicle “Genesis G90”

Taiwan asks TSMC and other chipmakers to help ease global crunch

TAIPEI — Taiwan’s Economic Ministry is asking domestic chip manufacturers such as Taiwan Semiconductor Manufacturing Co. to help “like-minded” economies alleviate the global shortage of automotive-related chips. The ministry said it has received requests since the end of last year from several nations via diplomatic channels. The countries are asking Taiwan to help look into… Continue reading Taiwan asks TSMC and other chipmakers to help ease global crunch

Uber reportedly lays off 185 former Postmates workers

Uber has laid off about 185 Postmates workers, and plans to further integrate Postmates’ infrastructure within its Uber Eats segment, The New York Times reported. Uber acquired Postmates in July for $2.65 billion, following a failed attempt to buy rival food delivery service Grubhub. Meal delivery has been one bright spot for Uber amid the… Continue reading Uber reportedly lays off 185 former Postmates workers

Chinese EV startup Aiways said to seek funding ahead of IPO: Report

Aichi Automobile, a Chinese electric vehicle (EV) startup better known as Aiways, is in the market raising a new funding round that could give it a valuation of over $2 billion before its potential initial public offering (IPO) in the US. Chinese ride-hailing giant Didi Chuxing is one of the investors mulling participating in the… Continue reading Chinese EV startup Aiways said to seek funding ahead of IPO: Report