Uber was fined $59 million last year for refusing to disclose data on 3,000 sexual-assault reports. The company negotiated that fine down to $150,000 and won’t have to disclose identifiable data. Uber will also donate $9 million to a victims’ relief fund and toward improving the industry. See more stories on Insider’s business page. Uber… Continue reading Uber negotiated a huge cut to a $59 million fine it received for refusing to share data about sexual assaults on its service
Tag: Mobility
@Renault: Renault Group’s press release: Worldwide sales results 1st half 2021000254
PRESS RELEASE07/16/2021 Worldwide sales results 1st half 2021 Renault Group’s worldwide sales are up 18.7% in the first half of 2021 compared with 2020. Renault Group confirms the continuation of a selective sales policy favouring growth in profitable volumes. The Renault brand recorded an 18.5% increase. The E-TECH range has been a great success, with… Continue reading @Renault: Renault Group’s press release: Worldwide sales results 1st half 2021000254
@Daimler: Daimler honours steel supplier Big River Steel for sustainability
Stuttgart – Ola Källenius, Chairman of the Board of Management of Daimler AG and Mercedes-Benz AG, and Martin Daum, Member of the Board of Management of Daimler AG and Chairman of the Board of Management of Daimler Truck AG, have honoured the American steel supplier Big River Steel (BRS) for the exceptionally sustainable production of… Continue reading @Daimler: Daimler honours steel supplier Big River Steel for sustainability
@niche: REE Automotive announces body partnership with EAVX001044
Israeli start-up REE Automotive has partnered with a major US commercial-vehicle bodywork supplier as it targets the e-mobility market with a new platform. EAVX, owned by JB Poindexter, will collaborate with REE Automotive to develop commercial electric work trucks. Initially, REE and EAVX will work on a “next-generation” walk-in van for the US delivery market,… Continue reading @niche: REE Automotive announces body partnership with EAVX001044
@VW Group: Inner worlds – the new architecture of mobility003473
“As a designer, there has never been a time as exciting as today. Right now is the best time to rethink and reconfigure automobile design – to put it briefly: to lead car design into the future,” says Audi head designer Marc Lichte. In fact, behind his enthusiasm, behind the pure emotion lies one of… Continue reading @VW Group: Inner worlds – the new architecture of mobility003473
@VW Group: Audi design studios: boundless creativity003471
They challenge the everyday world and conventions and they’re far ahead of their time: with a total of 450 experts, the design studios in Beijing, Malibu, and Ingolstadt form the germ cells for Audi’s new models, show cars, and innovative mobility concepts. Being established around the globe shows that Audi is a global brand and… Continue reading @VW Group: Audi design studios: boundless creativity003471
@Toyota: Woven Planet Holdings, a Subsidiary of Toyota, to Acquire CARMERA
Woven Planet Holdings, Inc. (“Woven Planet”), a subsidiary of Toyota Motor Corporation, announced the acquisition of CARMERA, Inc. (“CARMERA”), a U.S.-based spatial AI company, which specializes in bringing next-generation road intelligence to automated mobility at scale. This is the second major deal for Woven Planet in North America, following the April 2021 announcement to acquire… Continue reading @Toyota: Woven Planet Holdings, a Subsidiary of Toyota, to Acquire CARMERA
Visteon to integrate AI into SmartCore cockpit solution for motorcycle OEM
Visteon has tied up with AI-mobility major Cerence Inc to integrate conversational AI in Visteon’s recent SmartCore product award with a leading motorcycle manufacturer. The product will include core Cerence technologies, including AI-powered voice recognition, natural language understanding, and text-to-speech – all with global language support – alongside Visteon’s Android-based SmartCore technology platform. SmartCore is… Continue reading Visteon to integrate AI into SmartCore cockpit solution for motorcycle OEM
Driverless vehicle start-up Aurora to go public in $11bn Spac merger
Driverless vehicle start-up Aurora to go public in $11bn Spac merger Read M&A insights you won’t find elsewhere Exclusive scoops Smart data to help spot risk and opportunity Analysis of broader trends in M&A Lex, our agenda-setting business commentary (Premium only) Due Diligence, an exclusive M&A newsletter (Premium only) Choose your subscription Trial Try full… Continue reading Driverless vehicle start-up Aurora to go public in $11bn Spac merger
AEye Partners with Sanmina to Scale LiDAR Production
Facility to Handle Final Assembly and Manufacturing for Non-automotive Markets as AEye Prepares to Deliver 4Sight M in Series Production “AEye’s high-performance adaptive LiDAR is industry leading. We’re proud to provide our deep design and process development expertise and state-of-the-art manufacturing capabilities to accelerate series production of AEye’s next generation systems.” Mike Landy, president and… Continue reading AEye Partners with Sanmina to Scale LiDAR Production