The California Supreme Court today shot down the lawsuit filed by a group of rideshare drivers in California and the Service Employees International Union that alleged Proposition 22 violates the state’s constitution. “We are disappointed in the Supreme Court’s decision not to hear our case, but make no mistake: we are not deterred in our… Continue reading CA Supreme Court denies lawsuit challenging Prop 22’s constitutionality
Tag: Mobility
Daimler to spin off truck unit, sharpen investor focus on Mercedes-Benz
By Nick Carey 3 Min Read (Reuters) – German carmaker Daimler said on Wednesday it plans to spin off Daimler Truck, the world’s largest truck and bus maker, as it seeks to increase its investor appeal as a focused electric, luxury car business, sending its shares up nearly 9%. FILE PHOTO: Ola Kaellenius, chairman of… Continue reading Daimler to spin off truck unit, sharpen investor focus on Mercedes-Benz
German Manager Magazin: Porsche loses Cayenne boss to Apple000549
For a good seven years, many in the auto industry have feared a secret project by the IT giant Apple. Under the code name “Titan”, Apple has set up its own auto division, which has been the subject of wild rumors for years. For a while, Apple specifically recruited experts in electric cars and autonomous… Continue reading German Manager Magazin: Porsche loses Cayenne boss to Apple000549
German Manager Magazin: Lucid Motors: How CEO Peter Rawlinson wants to beat Tesla with the Lucid Air000549
In spring it should finally be ready. Then with the new Lucid Air the hope model of the USElectric car maker Lucid Motors take to the streets – at a price of 170,000 US dollars, Lucid CEO Peter Rawlinson naturally wants to offer a “new level” of electromobility. One could dismiss the announcements as the… Continue reading German Manager Magazin: Lucid Motors: How CEO Peter Rawlinson wants to beat Tesla with the Lucid Air000549
German Manager Magazin: Ford: Electric car offensive despite red numbers, but chip crisis paralyzes production000549
The global delivery crisis hits the US auto company ford hard. In the first quarter, the bottleneck in computer chips could slow production by 10 to 20 percent and thus reduce the operating result by one to 2.5 billion dollars, Ford announced on Thursday evening. The production of the F-150 pick-up, the one in the… Continue reading German Manager Magazin: Ford: Electric car offensive despite red numbers, but chip crisis paralyzes production000549
DENSO Quarterly Update: Global Mobility Supplier Strives for Carbon Neutrality by 2035
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German Handelsblatt: Car manufacturer: Porsche boss specifies the path to e-mobility: E-car share is to increase to 80 percent by 2030
Oliver Blume The Porsche boss wants to invest 15 billion euros in electromobility over the next five years. (Photo: AP) Berlin The CEO of the German car manufacturer wants to significantly increase the proportion of electric cars. “By the end of the decade, more than 80 percent of our sports cars will be electrically powered… Continue reading German Handelsblatt: Car manufacturer: Porsche boss specifies the path to e-mobility: E-car share is to increase to 80 percent by 2030
German Handelsblatt: Car manufacturer: Porsche boss Blume wants to increase the proportion of e-cars to 80 percent by 2030 001247
Oliver Blume The Porsche boss wants to invest 15 billion euros in electromobility over the next five years. (Photo: AP) Berlin The CEO of the German car manufacturer wants to significantly increase the proportion of electric cars. “By the end of the decade, more than 80 percent of our sports cars will be electrically powered… Continue reading German Handelsblatt: Car manufacturer: Porsche boss Blume wants to increase the proportion of e-cars to 80 percent by 2030 001247
Daimler to keep “protective hand” on truck unit after spin-off
By Reuters Staff 2 Min Read FILE PHOTO: The Daimler logo is seen before the carmaker’s annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke/File Photo BERLIN (Reuters) – German carmaker Daimler aims to keep a “protective hand” on Daimler Trucks, the world’s largest truck and bus maker, following a planned spin-off, Chief… Continue reading Daimler to keep “protective hand” on truck unit after spin-off
Didi’s group-buying unit mulls raising $4b to boost growth plans
Chinese ride-hailing giant Didi Chuxing’s community business is considering raising $4 billion to boost its growth amid increasing demand for group-buying delivery services, according to people familiar with the matter. Didi, backed by SoftBank Group Corp., is weighing chipping in about $3 billion to Chengxin Youxuan, the people said, asking not to be identified because… Continue reading Didi’s group-buying unit mulls raising $4b to boost growth plans