Uber CEO Dara Khosrowshahi said that ride prices will return “to nearly the good old days” by September, The New York Times reported on Thursday. During the pandemic, the popular ride-sharing app lost billions as people isolated at home. Now, users are opening the black-and-white app again — only to be shocked by high prices… Continue reading Uber CEO says ride prices will be close to normal by September
Tag: Mobility
@VINFAST: Vingroup Joint Stock : eyes $60 bln valuation for car unit in potential U.S. IPO – sources04/12/2021 | 08:15am EDT…ters) – Vingroup JSC, Vietnam’s…
HANOi, April 12 (Reuters) – Vingroup JSC, Vietnam’s largest conglomerate, is considering an U.S. initial public offering (IPO) of its car unit that could value VinFast at about $60 billion, two people familiar with the matter said on Monday.Vingroup, which was founded in 1993 in Ukraine, is working with Credit Suisse Hong Kong for the… Continue reading @VINFAST: Vingroup Joint Stock : eyes $60 bln valuation for car unit in potential U.S. IPO – sources04/12/2021 | 08:15am EDT…ters) – Vingroup JSC, Vietnam’s…
New mission, logo shows SAIC Motor’s transition to user-orientated high-tech firm
China’s largest carmaker, SAIC Motor, published its new vision, mission, values, and logo on June 15, indicating its transition to a user-oriented high-tech company. Its new stated value is to be user-oriented，more attention on open partnerships and innovation to achieve further. The company’s new vision is to provide an exciting ride for a green and… Continue reading New mission, logo shows SAIC Motor’s transition to user-orientated high-tech firm
@Ford: Let’s Build Safer Streets Together with Data: Ford Shares Findings from Research with Michigan State University
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Let’s Build Safer Streets Together with Data: Ford Shares Findings from Research with Michigan State University
Uber CEO: CEOs are paid too much (UBER)
Uber CEO Dara Khosrowshahi thinks his fellow C-suiters are overpaid, he told The New York Times. He made around $12 million in 2020 and more than $42 million in 2019, when you include stock bonuses. CEO pay rose sharply in 2020, with several executives raking in paydays in excess of $100 million. See more stories… Continue reading Uber CEO: CEOs are paid too much (UBER)
Uber’s CEO says he ‘nearly got killed’ while delivering for UberEats on bike in San Francisco (UBER)
Uber’s CEO delivered food for UberEats, and he told The New York Times he “nearly got killed.” Dara Khosrowshahi said “traffic was nuts” as he rode his bike near a baseball park in San Francisco. He said he spent time delivering food in late June and made about 0.3% of his daily salary. See more… Continue reading Uber’s CEO says he ‘nearly got killed’ while delivering for UberEats on bike in San Francisco (UBER)
Hyzon Motors Completes Business Combination with Decarbonization Plus Acquisition Corporation
ROCHESTER, N.Y., July 16, 2021 /PRNewswire/ — Hyzon Motors Inc. (f/k/a Decarbonization Plus Acquisition Corporation), a leading global supplier of zero-emission hydrogen fuel cell-powered heavy vehicles, today announced that it has completed its previously announced business combination with Hyzon Motors USA Inc. (f/k/a Hyzon Motors Inc.). Concurrent with the completion of the business combination, Decarbonization Plus… Continue reading Hyzon Motors Completes Business Combination with Decarbonization Plus Acquisition Corporation
Renault Group’s press release: Worldwide sales results 1st half 2021
PRESS RELEASE07/16/2021 Worldwide sales results 1st half 2021 Renault Group’s worldwide sales are up 18.7% in the first half of 2021 compared with 2020. Renault Group confirms the continuation of a selective sales policy favouring growth in profitable volumes. The Renault brand recorded an 18.5% increase. The E-TECH range has been a great success, with… Continue reading Renault Group’s press release: Worldwide sales results 1st half 2021
@Ford: Ford Electrified Vehicle Sales Up 117 Percent in June – Delivering New First Half Record – Mustang Mach-E Sales Up 27 Percent Over May; Ford SUVs Post Best First Half Retail Sales In 20 Years On Strength From New Products; Lincoln SUVs Set New Record, Retail Sales Up 23 Percent
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford Electrified Vehicle Sales Up 117 Percent in June – Delivering New First Half Record – Mustang Mach-E Sales Up 27 Percent Over May; Ford SUVs Post Best First Half Retail Sales In 20 Years On Strength From New Products; Lincoln SUVs Set New Record, Retail Sales Up 23 Percent
Uber negotiated a huge cut to a $59 million fine it received for refusing to share data about sexual assaults on its service
Uber was fined $59 million last year for refusing to disclose data on 3,000 sexual-assault reports. The company negotiated that fine down to $150,000 and won’t have to disclose identifiable data. Uber will also donate $9 million to a victims’ relief fund and toward improving the industry. See more stories on Insider’s business page. Uber… Continue reading Uber negotiated a huge cut to a $59 million fine it received for refusing to share data about sexual assaults on its service