Volkswagen Annual General Meeting: VW Board meets shareholders – “it was not all wrong”

All articles and backgrounds 05/03/2018 Volkswagen general meeting VW board meets shareholders – “it was not all wrong” AFP New VW CEO Herbert Diess (right), chairman of the supervisory board Hans Dieter Pötsch: critical questions from shareholders Brief and concise represent the situation, a few friendly demands, quick relief for the Board and Supervisory Board… Continue reading Volkswagen Annual General Meeting: VW Board meets shareholders – “it was not all wrong”

Tesla stock goes through twists and turns as analysts focus on Model 3 car outlook

Tesla CEO Elon Musk presides over the handover of the first Model 3 cars in August 2017. (Tesla via YouTube) Tesla’s share price took a weird turn today after the company reported its first-quarter financial results and billionaire CEO Elon Musk dissed analysts’ concerns about the Tesla Model 3 mass-market electric car. The raw numbers… Continue reading Tesla stock goes through twists and turns as analysts focus on Model 3 car outlook

BMW, Ford and GM want to bring blockchain to your car

Roberto Baldwin/Engadget Seemingly every company is determined to hop on the blockchain bandwagon, and that includes automakers. BMW, Ford, GM, Renault and and a string of tech partners (including Bosch and IBM) have formed the Mobility Open Blockchain Initiative, a group that hopes to use blockchain’s distributed, decentralized ledger technology across many aspects of your… Continue reading BMW, Ford and GM want to bring blockchain to your car

Elon Musk offers more detail about Tesla’s ridesharing network

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

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