Aurora, the autonomous vehicle company founded by the former lead engineer for Google’s self-driving car project, announced that its autonomous trucks and taxis will be available to customers via subscriptions. Aurora doesn’t expect to roll out its self-driving trucks and ride-hailing vehicles until 2023 and 2024, respectively, but the company is providing more detail about… Continue reading Aurora’s autonomous trucks and taxis will be available to customers via subscription
Tag: Mobility
Volvo Group unveils vehicle made with 3,000 kilos of ‘fossil-free’ steel
AB Volvo, the construction truck arm of Sweden’s Volvo Group, unveiled a new vehicle Wednesday made with a majority of “fossil-free” steel, plus plans to begin smaller-scale series production using the new material as early as 2022. “Our intention is to start to build these vehicles, these relatively small-load carriers, utilizing this fossil-free steel,” Lars… Continue reading Volvo Group unveils vehicle made with 3,000 kilos of ‘fossil-free’ steel
Safety regulator wants info on Tesla’s FSD beta, ‘safety score’ evaluation
The National Highway Traffic Safety Administration wants to know why Tesla didn’t issue a recall for Autopilot after it became obvious the driver assistance system had a problem “seeing” parked emergency vehicles. NHTSA is also asking Tesla for more information about the growing public beta test of its incomplete Full Self-Driving software, the recently launched… Continue reading Safety regulator wants info on Tesla’s FSD beta, ‘safety score’ evaluation
Uber: Cheers! Uber Completes Acquisition of Drizly
SAN FRANCISCO & BOSTON–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that it has completed its acquisition of Drizly and that the two companies will begin integrating their complementary delivery apps and services. The purchase consideration was approximately $1.1 billion, consisting of approximately 18.7 million newly issued shares of Uber common stock plus cash. To… Continue reading Uber: Cheers! Uber Completes Acquisition of Drizly
@Honda: Summary of Press Conference on Honda Electrification Strategy in China
TOKYO, Japan, October 13, 2021 – Honda today held a virtual press conference on its electrification strategy in China. During the conference, Honda announced its new environmental and safety initiatives and also held the world premiere of two planned production models and three concept models of Honda-brand electric vehicles (EV). A summary of the conference… Continue reading @Honda: Summary of Press Conference on Honda Electrification Strategy in China
Mumbai-based startup Earth Energy EV appoints distributors in 10 states
Earth Energy vehicles are compliant with all public charging stations being set up by both the government and the private players. New Delhi: Mumbai-based startup Earth Energy EV on Wednesday said it has appointed distributors across 10 states, Maharashtra, Gujarat, Karnataka, Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Chhattisgarh, Madhya Pradesh and Orissa, and claims to… Continue reading Mumbai-based startup Earth Energy EV appoints distributors in 10 states
Tata Motors’ EV biz gets a $1 billion boost with TPG Rise Climate investment
Tata Motors and TPG Rise Climate have entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, are to invest in a newly incorporated subsidiary of Tata Motors. TPG Rise Climate along with co-investors will invest Rs 7,500 crore in compulsory convertible instruments to secure between 11 % to 15 %… Continue reading Tata Motors’ EV biz gets a $1 billion boost with TPG Rise Climate investment
Uber: Uber Announces Date of Third Quarter 2021 Results Conference Call
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its third quarter 2021 financial results on Thursday, November 4, 2021 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber’s Investor Relations website at… Continue reading Uber: Uber Announces Date of Third Quarter 2021 Results Conference Call
BYD and Levo Mobility collaborate to finance and deploy up to 5,000 V2G-equipped EVs
BYD has partnered with Levo Mobility, a joint venture of Nuvve Holding, Stonepeak Partners and Evolve Transition Infrastructure, to integrate Nuvve’s V2G technology with BYD EVs. The companies plan to deploy up to 5,000 V2G-equipped EVs over the next five years. Nuvve’s V2G technology uses bidirectional charging stations to enable EVs to discharge energy from… Continue reading BYD and Levo Mobility collaborate to finance and deploy up to 5,000 V2G-equipped EVs
@Toyota: Woven Capital Invests in Planet-Friendly Urban Innovations with the Climate Technology Sustainability Fund of 2150
Woven Capital, L.P., the investment arm of the Woven Planet Group, a Toyota subsidiary that is dedicated to building the safest mobility in the world, today announced that it has made an investment in the Climate Technology Sustainability Fund of 2150 (a.k.a. 2150). 2150 is a London and Copenhagen-based venture capital firm investing in technology… Continue reading @Toyota: Woven Capital Invests in Planet-Friendly Urban Innovations with the Climate Technology Sustainability Fund of 2150