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

Provizio Raises $6.2M in Funding

Provizio, an Ireland-based Accident Prevention Technology company, raised 6.2m in funding. Backers included Bobby Hambrick, the founder of Autonomous Stuff and the founders of Movidius (the Intel acquired leader in mobile vision processor chip design) along with the European Innovation Council (EIC) and ACT Venture Capital, Involved in Provizio also are Dr. Scott Thayer and… Continue reading Provizio Raises $6.2M in Funding

@Daimler: Daimler Sustainability Dialogue 2020: Exchange on sustainability also in challenging times

More than 200 participants discuss topics such as climate action, data responsibility and respect of human rights as important components of sustainable mobility Sustainability in times of Covid-19 as another focus of the 13th edition of the Daimler Sustainability Dialogue Event digital for the first time this year with publicly accessible sustainability marketplace Stuttgart –… Continue reading @Daimler: Daimler Sustainability Dialogue 2020: Exchange on sustainability also in challenging times

GM Delivers Income of $4.0 Billion and EBIT-adj. of $5.3 Billion

DETROIT, Nov. 5, 2020 /PRNewswire/ — 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… Continue reading GM Delivers Income of $4.0 Billion and EBIT-adj. of $5.3 Billion

Ajay Kapur: ‘Indian OEMs have a huge opportunity to scale up their use of aluminium, which comes with its ‘green’ benefits.’

How much does aluminium comprise in the overall weight of a typical passenger vehicle — a midsized sedan or an SUV?Globally, transportation accounts for the largest share of aluminium consumption at 27 percent. Although the demand for aluminium in automobiles has always been there, it surged after the oil crisis of 1970s. Obsessed with fuel… Continue reading Ajay Kapur: ‘Indian OEMs have a huge opportunity to scale up their use of aluminium, which comes with its ‘green’ benefits.’

@Renault: THE TORNADO PROJECT: AUTONOMOUS MOBILITY SERVICES…000128

Boulogne-Billancourt, 5 November 2020 – Autonomous mobility is not exclusive to large cities.Experiments around autonomous vehicles must consider the specificities of less populated areas, where transport solutions are often scarcer, and the challenges specific to rural areas are numerous. The objective of the TORNADO research project, which was completed today, was to identify the communication infrastructure… Continue reading @Renault: THE TORNADO PROJECT: AUTONOMOUS MOBILITY SERVICES…000128