Tag: Mobility

BMW Accelerates Expansion Of EV Motor And Battery Module Production

BMW Group announced an expansion of production capacity at the Competence Centre for E-Drive Production in Dingolfing, Germany faster than originally planned as demand for electrified cars requires quick action. The company has produced battery modules and electric motors since 2013 when the BMW i3 hit the market. This year, the production of battery modules… Continue reading BMW Accelerates Expansion Of EV Motor And Battery Module Production

Clever Modular Concept Solves the Issue of Cost – 3D Printing Progress

Swiss company Rinspeed has restently demonstrated new versions of the “Snap” and the “microSNAP”, vehicles whose chassis and bodies go their own ways. With the revolutionary separation of the two vehicle components, Rinspeed confronts the increasingly diverging life cycles of hardware and software. And by doing so, creates a sustainable foundation for the transport of… Continue reading Clever Modular Concept Solves the Issue of Cost – 3D Printing Progress

Ride-share startup HopSkipDrive raises $22 million to focus on school transportation

It’s no secret that it’s hard to make the economics work at drive-share companies. That may explain the success to date of HopSkipDrive, a six-year-old, L.A.-based company that pairs drivers with both families but also, crucially, school districts. Specifically, the now 100-plus person company has deals in place with school districts in 13 markets across… Continue reading Ride-share startup HopSkipDrive raises $22 million to focus on school transportation

Shrunken unicorn Fair cancels car leasing to Uber drivers

When Fair laid off 40% of its staff in October, CEO Scott Painter promised it wasn’t shuttering leasing services to on-demand fleets. But just one week later, Painter was removed as CEO and replaced in the interim with Adam Hieber, a CFA from Fair investor SoftBank. Today, according to two sources, Fair announced at an… Continue reading Shrunken unicorn Fair cancels car leasing to Uber drivers

GM trumpets flexible EV architecture, starting with Cadillac EV to be unveiled in April

General Motors outlined its EV strategy yesterday at the company’s Capital Markets Day. GM President Mark Reuss confirmed that the first vehicle to use GM’s next-generation electric architecture will be badged as a Cadillac. It will be unveiled in April. Reuss emphasized that GM’s flexible architecture can be applied to a wide array of segments.… Continue reading GM trumpets flexible EV architecture, starting with Cadillac EV to be unveiled in April

Uber: Uber Announces Results for Fourth Quarter and Full Year 2019

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the fourth quarter and full year ended December 31, 2019. Financial Highlights for Fourth Quarter 2019 Gross Bookings grew $4.0 billion year-over-year to $18.1 billion, representing 28% year-over-year growth, or 30% on a constant currency basis, with Rides and Eats growing 20% and… Continue reading Uber: Uber Announces Results for Fourth Quarter and Full Year 2019

Asia Digest: Moovby raises $500k; SSTL launches to shape SG’s space frontier

Malaysia’s first peer-to-peer (P2P) car-sharing platform Moovby announced that it has secured $500,000 from angel investors and strategic partners. In a separate development, Singapore Space and Technology Limited (SSTL) has officially been launched to develop the country’s space and related high technology industries. Malaysia’s P2P car-sharing platform Moovby raises $500k  Malaysia’s first peer-to-peer (P2P) car-sharing… Continue reading Asia Digest: Moovby raises $500k; SSTL launches to shape SG’s space frontier

@Toyota: Toyota Announces April-December 2019 Financial Results

Toyota City, Japan, Feb 6, 2020 – (JCN Newswire) – Toyota Motor Corporation (TMC) today announces its financial results for the nine-month period ended December 31, 2019. Consolidated vehicle sales totaled 6,830,129 units, an increase of 129,227 units compared to the same period last fiscal year. On a consolidated basis, net revenues for the period… Continue reading @Toyota: Toyota Announces April-December 2019 Financial Results

Lyft: Generalization in Autonomous Vehicle Development

By: Emil Praun, Principal Engineer and Michael Benisch, Engineering Director A common challenge when deciding which autonomous problems to solve first is how to balance breadth versus depth. Going broad means expanding the Operational Design Domain (ODD) of situations that an autonomous vehicle (AV) can handle. Example situations include operating on highways and city streets,… Continue reading Lyft: Generalization in Autonomous Vehicle Development