Raj Nair, was Ford President of North America until Wednesday, when he was ousted for improper conduct. (Photo: Ford, Wieck) Raj Nair, the former president of Ford North America, will keep health and retirement benefits despite being ousted from the company for “inappropriate behavior.” He signed a two-year noncompete agreement with his former employer of… Continue reading Despite 'inappropriate behavior,' ousted Ford exec Nair keeps health and retirement benefits
Tag: Mobility
SnappCar, Europcar Launch Drive & Share Solution
Photo courtesy of Europcar Europcar Group announced the launch of its Drive & Share solution in Germany and Denmark together with SnappCar, the second-largest international peer-to-peer car sharing player in Europe, the companies announced. Drive & Share is dedicated to people who want to enjoy the flexibility of owning a car but who don’t need… Continue reading SnappCar, Europcar Launch Drive & Share Solution
Uber CEO Says They’ll Have Autonomous Cars in 18 Months
20:20 Steve Sosnick Interactive Brokers LLC, Chief Options Strategist 22:00 Vanessa Colella Citi Venture Capital International, Chief Innovation Officer/Head 22:00 Crawford Del Prete Idc Research Inc, Exec VP:Research/Chief Research Ofcr 22:00 Om Malik True Ventures, Venture Partner 22:20 Mark Gurman Bloomberg Editorial, Bloomberg Journalist 22:20 Chad Anderson Space Angels Holdings Inc, Chief Executive Officer 22:30… Continue reading Uber CEO Says They’ll Have Autonomous Cars in 18 Months
Honcker raises at least $15M from IAC as it takes on the car-leasing-on-demand market
The car leasing and rental market is forecast to be worth $124 billion in 2022, and today a startup that is hoping to get a piece of that action by making the process of leasing a car easier is announcing a Series A in its effort to get there. Honcker — a New York-based startup… Continue reading Honcker raises at least $15M from IAC as it takes on the car-leasing-on-demand market
BRIEF-Avis Budget To Continue To Expand Operations With Waymo
Feb 22 (Reuters) – Avis Budget Group Inc: * AVIS BUDGET GROUP SEES ABOUT $20 MILLION HIGHER VEHICLE INTEREST EXPENSE IN 2018, PARTLY RESULTING FROM RISING U.S. INTEREST RATES * “WILL CONTINUE TO EXPAND OUR OPERATIONS WITH WAYMO” – CONF CALL * TALKING TO OTHER MOBILITY SOLUTION PROVIDERS, SEE SOME OF THOSE UNFOLD AS WELL… Continue reading BRIEF-Avis Budget To Continue To Expand Operations With Waymo
Elon Musk is leaving board of the non-profit AI safety group, OpenAI
Elon Musk is leaving board of the non-profit AI safety group, OpenAI in order to remove a potential conflict of interest between the group’s work and the work on artificial intelligence his companies are undertaking. The Tesla CEO co-founded OpenAI in December 2015 along with Y Combinator president Sam Altman, not so long after he’d… Continue reading Elon Musk is leaving board of the non-profit AI safety group, OpenAI
Europcar and Snappcar develop their private hire service
Services By Samia Ben Ahmed, the 22/02/2018 Since June 2017, Europcar holds a 20% stake in the Dutch start-up. Europcar, in partnership with SnappCar, launches the Drive & Share mobility service in Germany and Denmark. A deployment that follows the success of this service in France. New mobility solutions are on the rise! Europcar partners… Continue reading Europcar and Snappcar develop their private hire service
The Responsive Network (Part 3/3)
The Responsive Network (Part 3/3) The future of shared mobility in cities Everything we’ve worked on has led to this. In Part 1 and 2, we wrote about the good and the bad about buses. Finally, here in Part 3, we’re proud to share our most significant innovation to date and the culmination of all our work… Continue reading The Responsive Network (Part 3/3)
Moovit Raises $50M in Series D Funding
Moovit App Global Ltd., a Tel Aviv, Isreael-based transit app provider, closed a $50m Series D funding round. The round, which brings total funding to date to $133m, was led by Intel Capital with participation from Sequoia, BMW iVentures, NGP, Ashton Kutcher’s Sound Ventures, BRM, Gemini, Vaizra, Vintage, and Hanaco. In conjunction with the funding, Professor Amnon… Continue reading Moovit Raises $50M in Series D Funding
Mastering the map: the key to an autonomous future
One of the key factors that will determine the success of autonomous cars is mastering the roadmap. The connected car of the future will rely heavily on a data-driven mapping system – a system that ‘self-heals’ and can understand the road environment beyond the range of a car’s onboard sensors. Maps need to be both… Continue reading Mastering the map: the key to an autonomous future