German Handelsblatt: Handelsblatt Auto Summit: VW boss Diess: “In 2023 and 2024 we want to use the software like Tesla” 000722

Herbert Diess “We are very committed to batteries and continue to invest.” (Photo: dpa) Düsseldorf Volkswagen CEO Herbert Diess sees no alternative to the electric offensive that the Wolfsburg-based car company has launched this year. Only with these vehicles can the new EU climate targets be achieved. At the Handelsblatt Auto Summit 2020 this Friday,… Continue reading German Handelsblatt: Handelsblatt Auto Summit: VW boss Diess: “In 2023 and 2024 we want to use the software like Tesla” 000722

German Handelsblatt: Handelsblatt Auto Summit 2020: VW boss Diess promises rapid expansion of electromobility000721

Volkswagen on the way to becoming an electronics company VW CEO Herbert Diess sees no alternative. Volkswagen has to accelerate the electrification of its fleet again. (Photo: Reuters) Düsseldorf Volkswagen not only has to ensure the rapid expansion of electric mobility. At the same time, the Wolfsburg-based car company must also advance the digitization of… Continue reading German Handelsblatt: Handelsblatt Auto Summit 2020: VW boss Diess promises rapid expansion of electromobility000721

German Handelsblatt: Handelsblatt Auto Summit 2020: Daimler intends to increasingly develop vehicle software itself000720

Ola Källenius In addition to digitization, Källenius is fully committed to electric mobility. (Photo: dpa) Munich Daimler is changing. The Stuttgart-based carmaker is saving drastically, realigning its core business and cutting thousands of jobs in its combustion plants. Despite all the modifications, customers could still rely on the fact that all Mercedes vehicles would continue… Continue reading German Handelsblatt: Handelsblatt Auto Summit 2020: Daimler intends to increasingly develop vehicle software itself000720

Toyota-backed startup Pony.ai raises $267 million in new funding round

By Reuters Staff 2 Min Read FILE PHOTO: Toyota-backed self driving company Pony.ai begins to provide autonomous electric vehicles to deliver packages from local e-commerce platform Yamibuy during the outbreak of the coronavirus disease (COVID-19) in Irvine, California, U.S., April 28, 2020. REUTERS/Mike Blake SHANGHAI (Reuters) – Pony.ai, backed by Toyota Motor Corp, said on… Continue reading Toyota-backed startup Pony.ai raises $267 million in new funding round

@Hyundai: Hyundai Motor Group joins IONITY, Europe’s leading high-power charging network for electric vehicles

• Hyundai Motor Group is the latest shareholder to join IONITY, a joint venture that builds and operates a network of high-powered EV charging stations across Europe• Expanding the charging infrastructure is expected to reduce drivers’ concerns about range and to encourage more people to switch to electro-mobility• The charging network uses 100 percent renewable… Continue reading @Hyundai: Hyundai Motor Group joins IONITY, Europe’s leading high-power charging network for electric vehicles

Indian e-bicycle firm AlphaVector launches its first e-bike Meraki

AlphaVector, an Indian startup has announced the launch of its first e-bicycle in India – Meraki by Ninety One. Launched at a price of 29,999, the e-bicycle requires no license and is aimed at the growing e-bike market in India. AlphaVector has set foot into the global e-bicycle market which is touted to cross $38.6 billion in 2025. According… Continue reading Indian e-bicycle firm AlphaVector launches its first e-bike Meraki

ParkMobile expands in Cleveland, Ohio, offering contactless payments at all Platinum Parking locations

ParkMobile, a provider of smart parking and mobility solutions in the U.S., announced a new partnership with Platinum Parking in Cleveland, Ohio, to provide contactless parking payments at over 3,100 off-street spaces around the Theater District, Progressive Field, and throughout the city. Amid the COVID-19 crisis, many cities and parking leaders are encouraging residents to… Continue reading ParkMobile expands in Cleveland, Ohio, offering contactless payments at all Platinum Parking locations

@GM: GM Delivers Income of $4.0 Billion and EBIT-adj. of $5.3 Billion November 5, 2020

DETROIT — General Motors Co. (NYSE: GM) today reported third-quarter earnings driven by its agility, and strong and growing franchises. Despite the COVID-19 pandemic, the company continued to invest in its electric vehicle and autonomous vehicle growth initiatives, launched an all-new portfolio of full-size Chevrolet, GMC and Cadillac sport utility vehicles, and maintained leading U.S.… Continue reading @GM: GM Delivers Income of $4.0 Billion and EBIT-adj. of $5.3 Billion November 5, 2020

Verra Mobility Announces Third Quarter 2020 Financial Results

MESA, Ariz., Nov. 5, 2020 /PRNewswire/ — Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today financial results for the three and nine months ended September 30, 2020. “We are very pleased with the Company’s performance in the third quarter, including modest signs of improvement in Commercial Services, continued strength in… Continue reading Verra Mobility Announces Third Quarter 2020 Financial Results

Uber: Uber Announces Results for Third Quarter 2020

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended September 30, 2020. Financial Highlights for Third Quarter 2020 Gross Bookings declined to $14.7 billion, down 10% year-over-year, or 8% on a constant currency basis, with Mobility Gross Bookings declining 50% and Delivery Gross Bookings growing 135% year-over-year, respectively, on… Continue reading Uber: Uber Announces Results for Third Quarter 2020