Grab’s mobility business shrank by about 27% to US$105 million as the company invested more in driver incentives. Go to Source
Tag: Mobility
@Ford: Hans Schep to Discuss How Ford Pro Drives European Leadership at Jefferies Spring Automotive Conference
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: Hans Schep to Discuss How Ford Pro Drives European Leadership at Jefferies Spring Automotive Conference
Kia unveils ‘Automode’ autonomous driving tech that will debut on the EV9 SUV
Much as Hyundai did yesterday, Kia has announced an electrification road map at its 2022 Investor Day, promising to have 14 fully electric models by 2027 and sales of 1.2 million EVs by 2030. It also revealed that its EV9 SUV, unveiled in concept form last November at the LA Auto Show, will be the… Continue reading Kia unveils ‘Automode’ autonomous driving tech that will debut on the EV9 SUV
Learn how Nuro co-founder Jiajun Zhu drove the AV startup to an $8.6B valuation at TC Sessions: Mobility 2022
Founders and investors have dedicated a lot of time and even more money to developing autonomous vehicle (AV) technology over the past 15 years, a trend that shows no sign of letting up any time soon. Companies like Cruise, Waymo and Zoox have spent years developing fully driverless autonomous cars — with a focus on… Continue reading Learn how Nuro co-founder Jiajun Zhu drove the AV startup to an $8.6B valuation at TC Sessions: Mobility 2022
Mack Trucks Introduces Next Generation Mack® LR Electric with Improved Range and Capacity
“Mack Trucks, the market leader in the refuse industry, is also a leader in e-mobility, and this is another step forward in our ongoing electrification journey,” said Jonathan Randall, Mack Trucks senior vice president of sales and commercial operations. “Customer feedback about the Mack LR Electric has been extremely positive, and we look forward to… Continue reading Mack Trucks Introduces Next Generation Mack® LR Electric with Improved Range and Capacity
Exclusive-Chinese automaker SAIC’s MG Motor India to raise funds for EV push -sources
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – MG Motor India, which is owned by China’s SAIC Motor, plans to raise funds to develop its Indian electric mobility business, three sources told Reuters, as Chinese investments face increased scrutiny by the government in New Delhi. MG Motor India may try to sell a… Continue reading Exclusive-Chinese automaker SAIC’s MG Motor India to raise funds for EV push -sources
Polestar CEO details new concept vehicle and the ‘electric age’ of sports cars
Polestar CEO Thomas Ingenlath sits down with Yahoo Finance Live to discuss the automotive manufacturer’s latest 02 Roadster EV, incorporating drone technology, and partnerships and IPO prospects to expand EV product lines. Video Transcript – Electric performance car brand Polestar is revealing the Polestar O2 convertible that aims to provide sustainability combined with electric mobility.… Continue reading Polestar CEO details new concept vehicle and the ‘electric age’ of sports cars
Ford just shocked the system: analyst
Wall Street is beginning to weigh in on Ford’s major transformation unveiled on Wednesday — so far the feedback supports the legion of newly formed Ford bulls. The auto giant announced it would create two distinct internal teams: Ford Blue and Ford Model e. The maneuver is designed to free up resources so Ford could… Continue reading Ford just shocked the system: analyst
Grab Reports Fourth Quarter and Full Year 2021 Results
Strong end to 2021 with another record quarter and year in Gross Merchandise Value (“GMV”), exceeding the high end of full year 2021 guidance range 2021 GMV grew 29% year-over-year (“YoY”) to $16.1 billion, and Q4 GMV grew 26% YoY to $4.5 billion Deliveries continues to outperform with GMV growing 56% YoY in 2021, and… Continue reading Grab Reports Fourth Quarter and Full Year 2021 Results
Wipro unveils ‘Cloud Car’ platform
Wipro announced the launch of its ‘Cloud Car’ platform, unveiled at the ‘Engineering the Cloud Car Ecosystem’ panel at MWC Barcelona. Wipro’s Cloud Car platform will bring together its FullStride Cloud Services and engineering capabilities with a best-in-class partner ecosystem as well as consortium. A first in the industry, according to the company, the platform… Continue reading Wipro unveils ‘Cloud Car’ platform