As India scrambles to keep its citizens safe from the coronavirus, local ride-hailing giant Ola has stepped up to help. The Indian firm has made its technology platform — which is capable of, among other things, conducting real-time tracking and navigation and managing crowds — available to the federal and state governments at no cost.… Continue reading Ola opens its tech platform to Indian government to combat coronavirus crisis
Tag: Mobility
Toyota North America Announces Executive Changes
PLANO, Texas, April 17, 2020 /PRNewswire/ — Toyota Motor North America (TMNA) and Toyota Financial Services (TFS) announced executive changes that further strengthen the companies’ leadership in key areas. Holly Walters, president and chief executive officer of Toyota Financial Savings Bank (TFSB) is promoted to chief information officer and group vice president of information systems for… Continue reading Toyota North America Announces Executive Changes
“Automated with Velodyne” Aims to Propel Customer Success
Press and Releases “Automated with Velodyne” Aims to Propel Customer Success SAN JOSE, Calif. (April 15, 2020) – Velodyne Lidar, Inc. today introduced the Automated with Velodyne program for its integrator ecosystem to commercialize next generation autonomous solutions using Velodyne lidar technology. Through the program, Velodyne helps companies by supporting innovation, promoting applications and creating lasting customer and business relationships. The… Continue reading “Automated with Velodyne” Aims to Propel Customer Success
365 DAYS TO ALL-ELECTRIC. KARMA AUTOMOTIVE ANNOUNCES HIGH-RANGE REVERO SEDAN TO LAUNCH IN SPRING 2021.
VIEW ALL () x Apr 16,2020 Estimated 300 Miles of Emissions-Free Driving at Launch, 400-Mile Hyper Range Model Schedule later in 2021. Karma’s E-Flex Platform and New Battery Technology Featured Reservation Process Set to Open in Coming Months Irvine, Calif. (April 16, 2020) Karma Automotive today announced the expansion of its hallmark Revero series… Continue reading 365 DAYS TO ALL-ELECTRIC. KARMA AUTOMOTIVE ANNOUNCES HIGH-RANGE REVERO SEDAN TO LAUNCH IN SPRING 2021.
Autofleet Raises $7.5M in Series A Funding
Autofleet, a Tel Aviv, Israel-based provider of AI-powered fleet optimization and vehicle-as-a-service solutions, raised $7.5m in Series A and seed financing. The Series A was led by MizMaa Ventures with participation from mobility-focused investors Maniv Mobility, Next Gear Ventures and Liil Ventures. The seed financing was led by Maniv Mobility. The company intends to use… Continue reading Autofleet Raises $7.5M in Series A Funding
Toyota-backed Pony.ai to offer autonomous delivery service in California
BEIJING (Reuters) – Toyota-backed self driving company Pony.ai said on Friday it would provide an autonomous delivery service to residents of Irvine, California, as demand for online orders surges because of the coronavirus lockdown. FILE PHOTO: An autonomous vehicle of self-driving car startup Pony.ai is seen during a government-organised tour to the Guangdong-Hong Kong-Macao Greater… Continue reading Toyota-backed Pony.ai to offer autonomous delivery service in California
Uber: Uber Announces Date of First Quarter 2020 Results Conference Call, Withdrawal of Guidance, and Preliminary First Quarter Financial Items
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will hold its quarterly conference call to discuss its financial results for the first quarter of 2020 on Thursday, May 7, 2020, at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time). A live webcast of the conference call and earnings release materials can be found on Uber’s Investor… Continue reading Uber: Uber Announces Date of First Quarter 2020 Results Conference Call, Withdrawal of Guidance, and Preliminary First Quarter Financial Items
Press Releases – Corona crisis: Guidelines for re-launch of EU auto industry
Brussels, 16 April 2020 – As Europe is grappling with the health, social and economic impacts of COVID-19, the European Automobile Manufacturers’ Association (ACEA) has set out four guiding principles for a successful re-launch of the auto industry, which will be vital to the wider economic recovery of the continent. “It is in Europe’s interest… Continue reading Press Releases – Corona crisis: Guidelines for re-launch of EU auto industry
Kapten merges with parent company Free Now, starts restructuring plan
French ride-hailing company Chauffeur-Privé rebranded to Kapten just last year. At the time, the company had big expansion plans to compete with Uber in Europe across multiple markets. But Kapten is now going to merge with Free Now, another app from the same company — following this move, there will be a restructuring plan. Kapten… Continue reading Kapten merges with parent company Free Now, starts restructuring plan
Bharat Forge sees itself benefitting from supplier restructuring amid Covid crisis
The ongoing pandemic of Covid19, it seems, has come as an opportunity for Bharat Forge. Part of the $ 3 billion Kalyani Group, Bharat Forge envisages some strategic structural changes in the automotive supply chain in a post -Covid19 world, where OEMs, in order to mitigate uncertainties, will be looking forward to diversifying their component… Continue reading Bharat Forge sees itself benefitting from supplier restructuring amid Covid crisis