Tag: Mobility

In-car commerce startup Cargo raises $22 million led by Founders Fund

Cargo, the startup that helps ridesharing drivers earn money by bringing the convenience store into their vehicles, has raised $22 million in a Series A round led by Founders Fund. Additional investment came from Coatue Management, Aquiline Technology Growth as well as a number of  high-profile entertainment, gaming, and technology executives who include Zynga founder Mark… Continue reading In-car commerce startup Cargo raises $22 million led by Founders Fund

Porsche Consulting: Life and mobility in tomorrow’s cities

The Porsche Newsroom is a service provided by the Porsche Communication for journalists, bloggers and the online community. The official website of Porsche AG can be reached at www.porsche.com © 2018 Dr. Ing. h.c. F. Porsche AG.*The data presented here was recorded using the Euro 5 test procedure (715/2007/EC, 692/2008/EC, 566/2011/EC and ECE-R 101) and the NEDC… Continue reading Porsche Consulting: Life and mobility in tomorrow’s cities

Volkswagen and US elite Stanford University develop a fuel cell for the future

New triple power fuel cell catalyst developed Significant cost reduction with simultaneous increase in performance values The fuel cell is regarded as a serious alternative to the classic electric car with battery cells. However, the biggest problem is the comparatively high cost of the technology. A partnership between Volkswagen and the prestigious Stanford University in… Continue reading Volkswagen and US elite Stanford University develop a fuel cell for the future

Le Groupe PSA et Punch Powertrain annoncent le projet de création d’une co-entreprise pour les futures transmissions électriques du Groupe

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG): Le 27 septembre 2018, le Groupe PSA et Punch Powertrain annoncent leur intention de créer la co-entreprise « Punch Powertrain PSA e-transmissions » qui produira la future génération de transmissions électrifiées e-DCT à partir de 2022. De conception révolutionnaire, la boîte de vitesses e-DCT en configuration 48V, équipera les futurs… Continue reading Le Groupe PSA et Punch Powertrain annoncent le projet de création d’une co-entreprise pour les futures transmissions électriques du Groupe

IONITY Launches First 10 Ultra-Fast Charging Stations

2 H BY MARK KANE 10 stations ready, 390 more to come. IONITY in Europe proceeds with installations of ultra-fast charging network in a similar time/pace as Electrify America in the U.S. IONITY just completed its 10th station, while Electrify America had 10 in August. The IONITY is a joint venture of BMW Group, Daimler… Continue reading IONITY Launches First 10 Ultra-Fast Charging Stations

UPDATE 2-TomTom plans fleet-management sale to focus on maps battle with Google

AMSTERDAM (Reuters) – TomTom is considering selling its fleet-management business to concentrate on competing head-to-head with Google in car navigation software, it said on Thursday. TomTom navigation are seen in front of TomTom displayed logo in this illustration taken July 28, 2017. REUTERS/Dado Ruvic Shares in the Dutch company jumped by 17 percent to 7.25… Continue reading UPDATE 2-TomTom plans fleet-management sale to focus on maps battle with Google

Toyota to Supply its Hydrogen Fuel Cell Technology to Caetanobus SA in Portugal

Toyota system to be used in Caetanobus’s first hydrogen-fuelled FCEV1 city buses Caetanobus to launch hydrogen demonstration city bus in autumn 2019 Toyota has taken another important step towards achieving a broader hydrogen society with the announcement it will provide its hydrogen fuel cell technology to Caetanobus SA in Portugal. In line with its vision… Continue reading Toyota to Supply its Hydrogen Fuel Cell Technology to Caetanobus SA in Portugal

Ford, Lyft, and Uber to Share Data to Improve Urban Mobility

The partnership gives mayors unparalleled access to road traffic data, allowing them to make better planning and investment decisions as shared and autonomous mobility arrive in their cities. Photo courtesy of Ford.  Ford Motor Company, Uber, and Lyft have announced a commitment to SharedStreets, a new data platform designed to make it easier for the private sector to work with cities around… Continue reading Ford, Lyft, and Uber to Share Data to Improve Urban Mobility

Uber to pay $148 million to settle data breach cover-up with U.S. states

SAN FRANCISCO (Reuters) – Uber Technologies Inc [UBER.UL] will pay $148 million for failing to disclose a massive data breach in 2016, marking a costly resolution to one of the biggest embarrassments and legal tangles the ride-hailing company has suffered. The Uber application is seen on a mobile phone in London, Britain, September 14, 2018.… Continue reading Uber to pay $148 million to settle data breach cover-up with U.S. states