One of Uber’s earliest investors says the billions it spent on self-driving were a ‘waste of money’ (UBER)

Early Uber investor Bill Gurley said the company “burned” billions of dollars on self-driving tech.  That money would have been better spend on food delivery, he told journalist Eric Newcomer.  Uber’s sold off its self-driving unit in late 2020 as it grappled with a revenue downturn.   Visit Business Insider’s homepage for more stories. Uber’s food-delivery… Continue reading One of Uber’s earliest investors says the billions it spent on self-driving were a ‘waste of money’ (UBER)

Commuting platform startup Hip lands $12 million to help companies bring employees back to the office

Nearly a year ago, the spread of COVID-19 ended the daily commute for millions of Americans, an abrupt change that sent the ridesharing industry into a free fall. Hip, which connected commuters with third-party bus and shuttle operators via an app, was just one of the many mobility-as-a-service startups that watched its clientele and revenue… Continue reading Commuting platform startup Hip lands $12 million to help companies bring employees back to the office

Metromile says a website bug let a hacker obtain driver license numbers

Car insurance startup Metromile said it has fixed a security flaw on its website that allowed a hacker to obtain driver license numbers. The San Francisco-based insurance startup disclosed the security breach in its latest 8-K filing with the U.S. Securities and Exchange Commission. Metromile said a bug in the quote form and application process… Continue reading Metromile says a website bug let a hacker obtain driver license numbers

@FCA: Stellantis México: En enero Stellantis reportó ventas de 4,915 unidades en México

2 de febrero de 2021 , Ciudad de México – Stellantis reportó en enero ventas de 4,915 unidades. Alfa Romeo Alfa Romeo vendió 14 unidades, un crecimiento de 40% comparado con enero de 2020. Chrysler Chrysler vendió 15 unidades. Dodge Dodge reportó en enero ventas de 639 unidades. Dodge Attitude fue el vehículo con mayor número… Continue reading @FCA: Stellantis México: En enero Stellantis reportó ventas de 4,915 unidades en México

@VW Group: Even more boost for the Volkswagen electric offensive: World car ID.4 now on the way to the world markets

Volkswagen’s electric offensive continues to gain momentum: Following the presales of the special edition ID.4 1ST that have already taken place, presales of additional ID.4 models will now also start by mid-February in around 30 European countries including Germany, as well as in the USA. Deliveries to customers are to begin as soon as March… Continue reading @VW Group: Even more boost for the Volkswagen electric offensive: World car ID.4 now on the way to the world markets

Uber: Uber to Acquire Drizly

SAN FRANCISCO & BOSTON–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) and Drizly today announced that they have reached an agreement for Uber to acquire Drizly for approximately $1.1 billion in stock and cash. Drizly is the leading on-demand alcohol marketplace in the United States, available and designed to be fully compliant with local regulations in more… Continue reading Uber: Uber to Acquire Drizly

Ather Energy’s new plant in Hosur goes on stream

Ather Energy’s new plant in Hosur, Tamil Nadu, is spread across 400,000 square feet. (Image: Twitter/Guidance TN) Fourteen months after Bangalore-based electric scooter manufacturer Ather Energy had signed an MoU for a 400,000 square feet electric vehicle manufacturing facility with the government of Tamil Nadu, the plant has gone on stream. Thus far, Ather’s 450X and… Continue reading Ather Energy’s new plant in Hosur goes on stream

Zero Electric Vehicles, Inc. (ZEV) Adds Three Critical Executives to Leadership Team

ZEV Brings On Key Leadership Roles in Automotive Software Engineering & Cloud Services, EV Battery and Fuel-Cell Science Tweet this Jonas has more than 20 years’ experience building and delivering successful products and services around new and emerging technologies, from telematics systems to holographic beam-forming satellite antennas. His M&A work in technical due diligence resulted… Continue reading Zero Electric Vehicles, Inc. (ZEV) Adds Three Critical Executives to Leadership Team

@Ford: Ford Hires Renowned Architectural Arts Firm to Re-Create ‘Jaw-Dropping’ View for Michigan Central Station Visitors

DETROIT – More than three decades after the last train left Michigan Central Station, the building’s ornate interior will soon look as its creators envisioned more than a century ago. Ford Motor Company has brought on EverGreene Architectural Arts, one of the largest specialty contractors in the U.S., with a lengthy résumé of restoring historic… Continue reading @Ford: Ford Hires Renowned Architectural Arts Firm to Re-Create ‘Jaw-Dropping’ View for Michigan Central Station Visitors

@BMW: Harnessing the power of the desert sun: BMW Group sources aluminium produced using solar energy000883

Munich. The BMW Group will begin sourcing aluminium produced using solar electricity with immediate effect. This marks an important milestone on the road to the company’s goal of lowering CO2 emissions in its supplier network by 20% by 2030. Since producing aluminium is highly energy-intensive, the use of green power – such as solar electricity… Continue reading @BMW: Harnessing the power of the desert sun: BMW Group sources aluminium produced using solar energy000883