Tag: Mobility

Why the transportation industry should look forward to “TaaS disruption”

Thinktank and research group RethinkX predict less expensive energy and food production thanks to “Transportation-as-a-Service”. “It’s really electrification that’s causing the revolution in urban transport,” Dr. Bradd Libby, RethinkX Research Fellow, told HERE360. “If people are using electric vehicles and using clean sources of energy, then you’re not generating pollution in urban areas… electrification is… Continue reading Why the transportation industry should look forward to “TaaS disruption”

Major legal changes needed for driverless cars

Matthew Avery, chief research strategy officer at Thatcham Research, which was involved in the consultation, said: “We applaud the recommendations that compel carmakers to use appropriate terminology when marketing these systems, to prevent motorists from becoming convinced that their car is fully self-driving when it is not. Go to Source

@Ford: Productivity Accelerated: Ford Pro Announces New Partners, Services; Demand Strong with Orders for 10,000 E-Transits

Ford Pro announces new, vertically-integrated Ford Pro Intelligence platform; designed for all commercial businesses, regardless of size or vocation Ford Pro Intelligence to supercharge commercial customers’ experience with Salesforce, providing always-on, easy access to a suite of products, services, tools and support More than 300 small, medium and large business customers place orders for 10,000… Continue reading @Ford: Productivity Accelerated: Ford Pro Announces New Partners, Services; Demand Strong with Orders for 10,000 E-Transits

The self-driving car industry is abandoning the term ‘self-driving’ and leaving it to Tesla

So long, Self-Driving Coalition for Safer Streets; hello, Autonomous Vehicle Industry Association! The AV industry’s top lobbying group in Washington, DC is rebranding, dropping the reference to “self-driving” in exchange for a more straightforward moniker. The group, which was founded in 2016 by Waymo, Ford, Lyft, Uber, and Volvo, lobbies lawmakers to pass legislation favorable… Continue reading The self-driving car industry is abandoning the term ‘self-driving’ and leaving it to Tesla

@Hyundai: Kia announces 2021 fourth-quarter business results

2021 revenue increases 18.1% to KRW 69.86 trillion while operating profit jumps to KRW 5.07 trillion Annual global sales of 2.78 million units, 6.5 % increase Y/y 4Q revenue increases 1.6% and operating profit decreases 8.3% Y/y with global sales of 647,949 units, a 12.8% decrease Y/y Kia targets total global sales of 3.15 million… Continue reading @Hyundai: Kia announces 2021 fourth-quarter business results

Baidu’s electric car brand Jidu closes $400M Series A round

Once an industry with long development cycles, the automotive space is being upended by China’s tech giants. One can hardly keep up with all the new electric vehicle brands that come out of the country nowadays. Jidu, an electric carmaking company founded by Baidu and its Chinese auto partner Geely only a year ago, said… Continue reading Baidu’s electric car brand Jidu closes $400M Series A round

Green Motion Signs New Franchise in Portugal

Richard Lowden, founder & CEO of Green Motion International, with Paulo Pereira, mobility manager, MCoutinho Group, poses together in celebration of the new partnership. Photo: Green Motion Car rental company Green Motion confirmed the sale of its Master Country Franchise for Portugal to the MCoutinho Group, which is one of Portugal’s largest automotive retailers representing 20 brands… Continue reading Green Motion Signs New Franchise in Portugal

UK needs law for self-driving cars, government body says

Once a self-driving system is engaged, “the person in the driving seat would no longer be responsible for how the car drives,” the law commissions proposed in the report. By Nick Carey LONDON: Britain should pass a law regulating self-driving vehicles and include sanctions for companies if anything goes wrong when their vehicles take over… Continue reading UK needs law for self-driving cars, government body says

Baidu’s electric vehicle arm Jidu raises $400 mln in new funding round

Jidu, launched a year ago, is Baidu’s latest effort to leverage its artificial intelligence expertise for car-making. BEIJING: Baidu‘s electric vehicle (EV) arm Jidu Auto said on Wednesday that it had raised nearly $400 million from Baidu and Zhejiang Geely Holding Group in a fresh funding round. Jidu, an EV venture between China’s search engine… Continue reading Baidu’s electric vehicle arm Jidu raises $400 mln in new funding round