Lyft is boosting its $19.99-per-month Lyft Pink membership program with new bike-share benefits and an annual option that’s cheaper than paying for the service month to month, the company announced Thursday. Lyft Pink’s primary benefit is a 15 percent discount on car rides, but previously, it also offered three free 30-minute bike or scooter rides… Continue reading Lyft’s $20 per month membership program gets new bike-share benefits and an annual plan
Tag: Mobility
Omega Seiki Mobility unveils electric scooters
Omega Seiki Mobility (OSM) has unveiled its first electric two-wheelers, the Zoro and Fiare scooters at the launch of its first showroom in Pune. The company says bookings wlll commence by end-August and deliveries by the festive season. The e-scooters have a top speed of 45kph and a range of 85km on a single charge. They are… Continue reading Omega Seiki Mobility unveils electric scooters
Swiggy and Reliance BP Mobility to set up EV battery swapping stations
Online food delivery platform Swiggy has signed an agreement with Reliance BP Mobility (RBML) to build an ecosystem for electric vehicle battery-swapping stations across the country reports ANI. The partnership aims to synergise their strengths of scale, reach, and technology in creating a greener and cost-effective solution for delivery fleets through innovative business models. In… Continue reading Swiggy and Reliance BP Mobility to set up EV battery swapping stations
Meritor Reports Third-Quarter Fiscal Year 2021 Results
TROY, Mich., Aug. 4, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today reported financial results for its third fiscal quarter that ended June 30, 2021. Third-Quarter Highlights Sales of $1,016 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor of $42 million Diluted earnings per share from continuing operations of $0.58… Continue reading Meritor Reports Third-Quarter Fiscal Year 2021 Results
Meritor Selected by Hyliion to Supply Blue Horizon Electrification Technology for New Hypertruck ERX™ Launch
TROY, Mich., Aug. 4, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today announced it will provide electric drivetrain sub-systems for Hyliion’s Hypertruck ERX™ electrified powertrain for Class 8 trucks. Hyliion’s powertrain system will feature Meritor’s Blue Horizon™ 14Xe™ ePowertrain integrated drive axles as the standard position propulsion and regeneration hardware on Hyliion vehicle upfits. Hypertruck ERX… Continue reading Meritor Selected by Hyliion to Supply Blue Horizon Electrification Technology for New Hypertruck ERX™ Launch
@Hyundai: Zero Emission Mobility Documentary – A Better Way Episode 1 | Hyundai x Discovery
Play Hyundai and Discovery present “A Better Way” – a series of documentary shorts which focuses on the pioneering spirit that enables technological breakthroughs in zero emission mobility. The series sees Swiss aeronaut, environmentalist, and Hyundai brand ambassador Bertrand Piccard explore the vision, reality, and perceptions around the zero emission mobility of the present and… Continue reading @Hyundai: Zero Emission Mobility Documentary – A Better Way Episode 1 | Hyundai x Discovery
Autos & TransportationUber posts $509 mln adjusted loss on driver incentives even as trips riseAugust 4, 2021
A screen displays the company logo of Uber Technologies Inc on the day of its IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid Aug 4 (Reuters) – Uber Technologies Inc (UBER.N) on Wednesday reported widening losses as it spent more to entice drivers to return to… Continue reading Autos & TransportationUber posts $509 mln adjusted loss on driver incentives even as trips riseAugust 4, 2021
Uber CEO calls Massachusetts gig economy ballot measure the ‘right answer’
Uber CEO Dara Khosrowshahi expressed his support Wednesday for a ballot initiative in Massachusetts that would keep gig economy workers classified as independent contractors, fulfilling a promise he made nearly a year ago to push for laws that preserve its business model. “In the state of Massachusetts, we think the right answer is our IC+… Continue reading Uber CEO calls Massachusetts gig economy ballot measure the ‘right answer’
Uber is still losing a lot of money
Uber reported second quarter gross bookings of $21.9 billion, more than double the same period in 2020. Even so, the company posted an adjusted earnings loss of $509 million and a cash burn of $1.28 billion. The company’s CFO said bookings should rise, but losses likely will continue for another quarter. Loading Something is loading.… Continue reading Uber is still losing a lot of money
@Hyundai: Kia Canada Announces Highest July Sales in Company History
Brand delivers sixth consecutive monthly sales record Best-ever July Certified Pre-Owned sales Niro EV sales are on the rise TORONTO, Aug. 04, 2021 (GLOBE NEWSWIRE) — Kia Canada today announces record July sales of 8,305 units, marking 6 consecutive months of record-breaking year over year sales for the brand. Strong sales were led by Forte… Continue reading @Hyundai: Kia Canada Announces Highest July Sales in Company History