Cabify, the Madrid-based startup that competes with the likes of Uber and 99 in Latin America as well as the Iberian peninsula, has closed out another round of funding as competition continues to heat up in the on-demand transportation sector. Cabify’s parent company Maxi Mobility has raised $160 million at a valuation of $1.4 billion,… Continue reading Uber rival Cabify has raised another $160M at a $1.4B valuation
Tag: Mobility
Didi Chuxing’s Bluegogo Bikes Banned In Shenzhen Due To Unpaid Debts
The government of Shenzhen has banned the deployment in its city of bikes by Bluegogo, the bike sharing start-up controlled by China’s largest ride sharing firm Didi Chuxing, citing problems with bad debts. The announcement comes just two weeks after Didi formed a partnership with Bluegogo and started to integrate the services of the collapsing… Continue reading Didi Chuxing’s Bluegogo Bikes Banned In Shenzhen Due To Unpaid Debts
22 Jan 2018 Driveline Major programme wins power GKN to £2bn eDrive order book
Significant contract wins strengthen GKN’s leadership position in eDrive Sales forecast to grow from £33 million in 2017 to £500 million by 2022 Company introducing next-generation electric driveline technologies and rapidly bringing full systems capability to the market R&D spend in 2017 totals £36 million making £123 million over the past six years and securing… Continue reading 22 Jan 2018
Driveline
Major programme wins power GKN to £2bn eDrive order book
48V all-electric prototype systems
Valeo’s new low-voltage (48V) all-electric prototype has make its world début at CES 2018. As countries and major cites become more and more intent on reducing CO2 emissions, this system offers a new angle on the future shape of urban mobility. The 48V all-electric tech demo was developed in partnership with Shanghai Jiao Tong University.… Continue reading 48V all-electric prototype systems
Digital Technology as a Performance Driver: Groupe PSA Launches The “Live’in PSA” App
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: To facilitate real-time access for everyone to internal information and news about the Groupe, Groupe PSA (Paris:UG) has launched the Live ‘in PSA app, accessible via smartphone. 8,300 people have already installed the app, via Google Play Store or Apple Store. Groupe PSA has made digital technology a central component of… Continue reading Digital Technology as a Performance Driver: Groupe PSA Launches The “Live’in PSA” App
TomTom Solves the Unspoken Design Challenge for Autonomous Vehicles
LAS VEGAS–(BUSINESS WIRE)–At CES 2018, TomTom (TOM2), is presenting a new concept for passengers travelling in autonomous vehicles. It’s called TomTom MotionQ – a set of visual clues that enable passengers to anticipate an autonomous vehicle’s motion, leading to a more comfortable experience. TomTom MotionQ has been revealed as part of the Rinspeed Snap robotaxi… Continue reading TomTom Solves the Unspoken Design Challenge for Autonomous Vehicles
EasyMile in Florida
The French E-Shuttle manufacturer delivers one to Babcock in Florida. In Florida Autonomous driving is allowed and the community Babcock in the southwest of the US state has gained an autonomous e-shuttle. EasyMile Shuttle EZ10. Source: Continental The manufacturer EasyMile has delivered a shuttle that is powered by electricity and charged by solar panels. The… Continue reading EasyMile in Florida
Top Automotive Industry News for Week of January 15 – January 21, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week January 15, 2018 – January 21, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- Save The Date! The next AEA Members Reception will be held… Continue reading Top Automotive Industry News for Week of January 15 – January 21, 2017
BMW Alums’ China Electric-Car Maker Seeks $400 Million
Byton, the Chinese electric-car startup founded by former BMW AG executives, is seeking about $400 million in a new round of funding, people with knowledge of the matter said. The Nanjing-based company, which showcased a concept car at the Consumer Electronics Show in Las Vegas this month, has been reaching out to potential investors to… Continue reading BMW Alums’ China Electric-Car Maker Seeks $400 Million
Uber ignores security bug that makes its two-factor authentication useless
(Image: file photo) Uber has ignored a security bug that can allow an attacker to hack into user accounts by bypassing two-factor authentication because the ride sharing company says the flaw “isn’t a particularly severe” issue. Two-factor authentication (2FA) is a vital part of protecting online accounts. It adds a second layer of security on… Continue reading Uber ignores security bug that makes its two-factor authentication useless