Cruise Shares of General Motors surged more than 10% in early trading Thursday after Japan’s SoftBank tech fund announced a $2.25 billion investment in the company’s self-driving car unit known as GM Cruise. The investment will come in two stages of $900 million immediately and another $1.35 billion once Cruise’s autonomous vehicles are ready for… Continue reading GM is surging after Japan’s SoftBank announced a $2.25 billion investment in its self-driving car unit (GM)
Tag: Mobility
Uber is in talks to add Waymo’s self-driving cars to its network, CEO says
Uber is in discussions with Alphabet’s Waymo to add the latter’s self-driving cars to its platform, Chief Executive Dara Khosrowshahi said Wednesday. Speaking at the Code Conference in Rancho Palos Verdes, California, Khosrowshahi said that Uber’s relationship with Alphabet-owned Google was improving and that Uber was “having discussions” with Waymo. “You build relationships slowly but… Continue reading Uber is in talks to add Waymo’s self-driving cars to its network, CEO says
BMW demands more recharging points to boost electric mobility
Posted 05/31/2018 11:24:37CET MONTREAL (CANADA), May 31 (EUROPA PRESS) – The vice president of Sustainability and Environmental Protection of the BMW group, Ursula Mathar, has highlighted the need to launch a greater number of charging points in cities to boost electric mobility. In this sense, the directive considered necessary that the automotive sector advance in… Continue reading BMW demands more recharging points to boost electric mobility
Michelin will incorporate 80% of sustainable materials in its tires in 30 years
Posted 05/31/2018 11:24:14 PM MONTREAL (CANADA), May 31 (EUROPA PRESS) – The French tire manufacturer Michelin has drawn up a strategic plan that contemplates that all of its tires will be manufactured with 80% sustainable materials by 2048, compared to 28% currently. The French company announced during the world summit on sustainable mobility ‘Movin’on by… Continue reading Michelin will incorporate 80% of sustainable materials in its tires in 30 years
Uber, Waymo in talks about self-driving partnership: Uber CEO
RANCHO PALOS VERDES, Calif. (Reuters) – Uber Technologies Inc [UBER.UL] is talking with Alphabet Inc’s autonomous driving unit Waymo about using its technology on Uber’s ride-hailing app, Uber Chief Executive Dara Khosrowshahi said on Wednesday, signaling a possible thaw in relations between the firms. FILE PHOTO: The logo of Uber is pictured during the presentation… Continue reading Uber, Waymo in talks about self-driving partnership: Uber CEO
Autoliv and Veoneer hold Investor Day ahead of spin-off
Thu, May 31, 2018 08:00 CET (Stockholm, Sweden, May 31, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, will today hold an Investor Day in Stockholm ahead of the spin-off of Veoneer, the trusted partner in mobility, which is to be completed on June 29, 2018 at… Continue reading Autoliv and Veoneer hold Investor Day ahead of spin-off
Top Autoliv shareholders show strong support for Veoneer spin-off
Thu, May 31, 2018 07:45 CET (Stockholm, Sweden, May 31, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that its top three shareholders, Cevian Capital, Alecta and AMF, have each individually agreed with Autoliv and Veoneer to remain as major owners of Veoneer for a… Continue reading Top Autoliv shareholders show strong support for Veoneer spin-off
Buffett Proposed $3 Billion Uber Investment But Deal Crumbled
Updates with Buffett comment in sixth paragraph. Go to Source
Australian tech entrepreneur, 40, develops a driverless car company now worth $1BILLION – and he’s ready to take on …
Successful Australian entrepreneur predicts driverless cars in Australia by 2021 as Melbourne born Tim Kentley-Klay manages US$1 billion car start up ZooxThe automobile company is currently listed as a private company that was backed early on by Sydney based investment company Blackbird VenturesTim Kentley-Klay has ambitions of beating Apple, Tesla and Uber in automobiles By… Continue reading Australian tech entrepreneur, 40, develops a driverless car company now worth $1BILLION – and he’s ready to take on …
Black cab maker LEVC reveals plug-in hybrid van
The London Electric Vehicle Company, previously known as LTC, has revealed the first image of its plug-in hybrid van, a sibling vehicle to the new TX black cab. LEVC said it believes the van market “is ready for a disruptive new entrant – which will offer a very different value proposition”. First drive of the new… Continue reading Black cab maker LEVC reveals plug-in hybrid van