On Tesla’s Q1 2018 earnings call today, Tesla CEO Elon Musk shed some light on the company’s ambitions to launch an autonomous vehicle ridesharing network. The short answer is that, from a technical standpoint, Tesla will be ready by the end of next year, Musk said. It’s not yet clear, however, when Tesla would actually… Continue reading Elon Musk offers more detail about Tesla’s ridesharing network
Tag: Mobility
Tesla Ramps Up Model 3 Production and Predicts Profitability
After a tumultuous year in stormy seas, Tesla is making progress toward a safe harbor. In a report to investors today, the automaker revealed that it built more than 2,000 Model 3 sedans for three consecutive weeks in April, an encouraging number for a company that has lagged badly on its production targets for this… Continue reading Tesla Ramps Up Model 3 Production and Predicts Profitability
Rents impacted by new transit options, new study details
Few things can guarantee a premium price for new housing like transit access. Demand so far outstrips supply in the United States, that the relative handful of walkable, transit-rich neighborhoods often become the most expensive places to live in their respective cities. A study by the National Association of Realtors and the American Public Transit… Continue reading Rents impacted by new transit options, new study details
Didi and Volkswagen partner to develop a ‘purpose-built’ fleet and scale up autonomous driving capabilities
This story was delivered to Business Insider Intelligence Transportation & Logistics Briefing subscribers hours before it appeared on Business Insider. To be the first to know, please click here. Chinese ride-hailing giant Didi Chuxing is nearing an agreement with Volkswagen (VW) to deploy a “purpose-built” fleet of VW vehicles in its home country, according to… Continue reading Didi and Volkswagen partner to develop a ‘purpose-built’ fleet and scale up autonomous driving capabilities
USA: Mitsubishi Motors selects Aeris to power its Mitsubishi Connect platform
[embedded content] Aeris has announced the availability of its Aeris® Mobility Platform (AMP), a micro-services-based IoT platform that provides the critical building blocks that enable the Internet of Things for enterprises and OEMs. Aeris has developed AMP to meet the unique needs of enterprises and OEMs who are moving from unconnected products to connected services. AMP specifically addresses… Continue reading USA: Mitsubishi Motors selects Aeris to power its Mitsubishi Connect platform
Lyft commits $1.5 million to help people who lack access to transportation
Lyft is committing $1.5 million to its Relief Rides program. The idea has historically been to better support people during times of crisis, such as natural disasters or other emergency situations. Now, Lyft is expanding its reach to help people who many need rides to job interviews or medical appointments. One of the partners Lyft… Continue reading Lyft commits $1.5 million to help people who lack access to transportation
Aptiv Launches Fleet of Autonomous Vehicles on the Lyft Network
LAS VEGAS, May 2, 2018 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology leader in mobility, announced the launch of a fleet of 30 autonomous vehicles in Las Vegas on the Lyft network. A product of Aptiv’s Mobility and Services group, these vehicles will operate on Aptiv’s fully-integrated autonomous driving platform and be made available… Continue reading Aptiv Launches Fleet of Autonomous Vehicles on the Lyft Network
How much would you pay for autonomous driving?
A study examined the willingness to pay and the desired features in the autonomous car. Infographic study. Source Fraunhofer IAO. The Fraunhofer IAO has carried out an investigation in cooperation with the consulting firm Horváth & Partners. It was about the question of how much for what in the Autonomous Auto would spend, The study,… Continue reading How much would you pay for autonomous driving?
BMW, GM, Ford and Renault launch blockchain research group for automotive industry
Car makers BMW, General Motors, Ford and Renault are the big names behind a new group announced today to explore the potential of the blockchain in the automotive and mobility space. MOBI — the Mobility Open Blockchain Initiative — launches today with over 30 founding members that also include Bosch, Blockchain at Berkeley, Hyperledger, Fetch.ai, IBM and IOTA. The… Continue reading BMW, GM, Ford and Renault launch blockchain research group for automotive industry
Aptiv Reports Record First Quarter 2018 Financial Results And Raises Full Year Outlook
DUBLIN, May 2, 2018 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company enabling the future of mobility, today reported first quarter 2018 U.S. GAAP earnings from continuing operations of $1.15 per diluted share. Excluding special items, first quarter earnings from continuing operations totaled $1.29 per diluted share. First Quarter Highlights Include : Revenue of… Continue reading Aptiv Reports Record First Quarter 2018 Financial Results And Raises Full Year Outlook