Uber saw record demand for its ride-hailing services in March, it said Monday The company also hit another record for its delivery services. Uber faces some difficulty finding drivers to meet post-pandemic demand for its services. See more stories on Insider’s business page. Uber on Monday revealed record bookings for the month of March 2021,… Continue reading Uber reveals March bookings were the highest in company history as ride-hailing rebounds from the pandemic (UBER)
Tag: Mobility
Vingroup eyes $60b valuation for car unit in potential US IPO
Vingroup JSC, Vietnam’s largest conglomerate, is considering a U.S. initial public offering (IPO) of its car unit that could value VinFast at about $60 billion, two people familiar with the matter said on Monday. Vingroup, which was founded in 1993 in Ukraine, is working with Credit Suisse Hong Kong for the potential offering on the New… Continue reading Vingroup eyes $60b valuation for car unit in potential US IPO
Magna to Hold Virtual Investor Event
AURORA, Ontario, April 12, 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA), a mobility technology company and global leader in the automotive industry, will hold a virtual investor event on April 13, 2021. Magna’s Chief Executive Officer Swamy Kotagiri and Chief Financial Officer Vince Galifi will present on the company’s unique position… Continue reading Magna to Hold Virtual Investor Event
@Tata-JLR: Jaguar Land Rover’s InMotion Ventures Invests in Battery Recycling and Manufacturing Technology
InMotion Ventures invests in sustainable technology firm Battery Resourcers Closed-loop process integrates recycling of lithium-ion battery materials, achieving a circular economy for battery supply chain InMotion Ventures becomes investment partner as part of the $20 million investment round Investment supports Jaguar Land Rover’s commitment to achieve net zero carbon emissions across its supply chain, products… Continue reading @Tata-JLR: Jaguar Land Rover’s InMotion Ventures Invests in Battery Recycling and Manufacturing Technology
Cruise is bringing its driverless robotaxis to Dubai in 2023
Cruise, the autonomous vehicle company backed by General Motors and Honda, will launch its first international robotaxi service in Dubai in 2023. The news was announced early Monday by Dubai’s crown prince, Hamdan bin Mohammed. As part of the ride-hailing service, Cruise will use its fully autonomous Origin vehicles, which it first unveiled in 2019.… Continue reading Cruise is bringing its driverless robotaxis to Dubai in 2023
@Hyundai: Hyundai Motor partners with Uber
Hyundai Motor entered a strategic partnership with Uber in Europe Through this partnership, Hyundai offers Uber drivers discounted access to its IONIQ Electric and Kona Electric models The goal of this cooperation is to increase adoption of electric vehicles and expansion of charging infrastructure across major European cities 12 April 2021 – Hyundai Motor entered… Continue reading @Hyundai: Hyundai Motor partners with Uber
Daimler CEO expects solid returns from flagship EV – Automotive News Europe
April 11, 2021 08:11 AM The Mercedes EQS will still lag the returns of its combustion engine-powered sibling, the S-Class, Kallenius said Bloomberg Mercedes has revealed the interior of the EQS, which makes it debut April 15. Daimler’s new flagship electric sedan will generate “reasonable” returns right from the start as the vehicle features top-line… Continue reading Daimler CEO expects solid returns from flagship EV – Automotive News Europe
@Ford: Ford Comments on SK Innovation – LG Energy Solution Settlement
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford trucks, utility vehicles, and cars – increasingly including electrified versions – and Lincoln luxury vehicles; provides financial services through Ford Motor Credit Company; and is pursuing… Continue reading @Ford: Ford Comments on SK Innovation – LG Energy Solution Settlement
@Nissan: Tipping point: 70% of European drivers would consider an electric vehicle as their next car000299
2021/04/07 EV drivers’ satisfaction show electric driving is a promising alternative to a combustion engine 97%1 of EV drivers found the switch “as expected” or “easier” and enjoy the EV driving experience 89%1 believe ditching diesel/petrol was the right decision New testimonial series “My Life with a Nissan LEAF” spotlights authentic owners’ stories and the… Continue reading @Nissan: Tipping point: 70% of European drivers would consider an electric vehicle as their next car000299
Self-driving truck tech firm Plus raises $220m
File photo of self-driving truck from Plus. [Photo/plus.ai/cn] Plus, a leading provider of self-driving truck technology, announced on Wednesday that it has raised another $220 million in its latest fundraising round co-led by FountainVest Partners and ClearVue Partners. The investment is an extension of the $200 million round announced last month, which was led by… Continue reading Self-driving truck tech firm Plus raises $220m