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

@Renault: Renault Group’s press release: Worldwide sales results 1st half 2021000254

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: Renault Group’s press release: Worldwide sales results 1st half 2021000254

@Daimler: Daimler honours steel supplier Big River Steel for sustainability

Stuttgart – Ola Källenius, Chairman of the Board of Management of Daimler AG and Mercedes-Benz AG, and Martin Daum, Member of the Board of Management of Daimler AG and Chairman of the Board of Management of Daimler Truck AG, have honoured the American steel supplier Big River Steel (BRS) for the exceptionally sustainable production of… Continue reading @Daimler: Daimler honours steel supplier Big River Steel for sustainability

@niche: REE Automotive announces body partnership with EAVX001044

Israeli start-up REE Automotive has partnered with a major US commercial-vehicle bodywork supplier as it targets the e-mobility market with a new platform. EAVX, owned by JB Poindexter, will collaborate with REE Automotive to develop commercial electric work trucks. Initially, REE and EAVX will work on a “next-generation” walk-in van for the US delivery market,… Continue reading @niche: REE Automotive announces body partnership with EAVX001044

@VW Group: Inner worlds – the new architecture of mobility003473

“As a designer, there has never been a time as exciting as today. Right now is the best time to rethink and reconfigure automobile design – to put it briefly: to lead car design into the future,” says Audi head designer Marc Lichte. In fact, behind his enthusiasm, behind the pure emotion lies one of… Continue reading @VW Group: Inner worlds – the new architecture of mobility003473