Tag: Mobility

Uber will soon detail plan to stop using diesel cars in London

LONDON (Reuters) – Uber [UBER.UL] said it will provide more information in the coming weeks on how it plans to stop diesel using cars in London and of a proposed scrappage scheme, as the court date nears for the taxi app to defend its right to operate in London nears. FILE PHOTO: The logo of… Continue reading Uber will soon detail plan to stop using diesel cars in London

Optimising flow within mobility systems with AI: The Turing and Toyota Mobility Foundation collaborate to modernise city planning and traffic management

The Alan Turing Institute and the Toyota Mobility Foundation are collaborating on a project to transform the way cities are planned and managed. The objective of this new project, ‘Optimising flow within mobility systems with AI’, part of the Turing’s new AI programme, is to transition complex traffic management from static systems into dynamic, optimized… Continue reading Optimising flow within mobility systems with AI: The Turing and Toyota Mobility Foundation collaborate to modernise city planning and traffic management

In Rennes, a fully modernized plant for the Citroën C5 Aircross

In Rennes La Janais, in the aisles of the PSA plant, we say thank you to the C5 Aircross. The “C84”, as Citroën’s new vehicle is called internally, made it possible to ensure the durability of a site born in the 1960s but whose future seemed rather gloomy before 2015. “It is now the the… Continue reading In Rennes, a fully modernized plant for the Citroën C5 Aircross

Groupe PSA Improves Its €3 Billion Revolving Credit Facility

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) signed, on May 24th 2018, with its banking partners, an amendment of its €3 billion syndicated credit facility. This amendment improves the economic conditions of this credit facility, signed on April 8th 2014 and amended on November 10th 2015, and extends its maturity. Thus, Groupe PSA benefits from… Continue reading Groupe PSA Improves Its €3 Billion Revolving Credit Facility

Uber to develop flying taxis in Paris with new €20m research centre

Uber Firm’s first non-US Advanced Technologies Centre will host Elevate programme and research into electric transport Uber said that the Paris base will allow it to more easily work with European aviation regulators, such as the European Aviation Safety Agency. Photograph: Robyn Beck/AFP/Getty Images Uber is opening a new research centre in Paris to develop… Continue reading Uber to develop flying taxis in Paris with new €20m research centre

Citroen C5 Aircross SUV launched in Europe

Citroën has officially launched the C5 Aircross in Europe, bringing a firm focus on in-car comfort to the compact five-seat SUV segment. One year after a China-specific model made its debut at the Shanghai motor show, Citroën has now repackaged the C5 Aircross to appeal to European customers. It is set to rival the Nissan Qashqai and… Continue reading Citroen C5 Aircross SUV launched in Europe

Uber is building a flying taxi technology center in Paris

Uber Uber has wildly ambitious plans to send flying taxis soaring over cities, but building them will be orders of magnitude harder than anything it has ever done. As such, the company announced that it will open a Paris lab dedicated to its Elevate program called the Advanced Technologies Center in Paris (ATCP). Uber will… Continue reading Uber is building a flying taxi technology center in Paris

Apple’s Robot Cars Are Driving In the Slow Lane

A few years ago, I chatted to a senior Volkswagen AG manager who’d been involved in discussions with Apple Inc. about teaming up on autonomous vehicles. In essence, he said, Apple had asked the German autos giant to give it a stack of vehicle and driver behavior data. In return, VW would receive the self-driving system… Continue reading Apple’s Robot Cars Are Driving In the Slow Lane

OLX Group injects $89m into auto marketplace Frontier Car Group

May 24, 2018 Global online classified platform OLX Group has announced an investment of $89 million, through its early-stage investment arm OLX Ventures, in the C series funding round of online car marketplace Frontier Car Group (FCG), which has presence in six countries including Indonesia and Pakistan. FCG operates brands BeliMobilGue in Indonesia and CarFirst… Continue reading OLX Group injects $89m into auto marketplace Frontier Car Group