Lyft: Continued Momentum Through Simulation

By: Robert Morgan, Director of Engineering and Sameer Qureshi, Director of Product Management We’re excited to announce that our autonomous vehicles (AVs) are back on the road — and that during the shelter in place we continued to make progress by doubling down on simulation. Simulation is an important part of our testing program, enabling us to… Continue reading Lyft: Continued Momentum Through Simulation

@Groupe PSA: NEW CITROËN Ë-SPACETOURER: 9 SEATS COMPACT MPV 100% ËLECTRIC

A pioneer in the field of people carriers and LAVs, Citroën has true expertise in developing versatile and spacious cars that are a pleasure to live in. The Brand proves this once again by unveiling the 100% ëlectric version of the SpaceTourer compact MPV: ë-SpaceTourer. This way, customers will be able to choose their energy,… Continue reading @Groupe PSA: NEW CITROËN Ë-SPACETOURER: 9 SEATS COMPACT MPV 100% ËLECTRIC

ElectReon Wireless Raises US$50 Million in an Equity Offering

STOCKHOLM, June 30, 2020 /PRNewswire/ — ElectReon Wireless, a leader in developing and implementing wireless charging for electric vehicles in motion, raises US$50 million in an equity offering to boost a global shift to the cleanest form of mobility – electric vehicles with minimal batteries. Some of Israel’s biggest institutional Investors led the investment, such… Continue reading ElectReon Wireless Raises US$50 Million in an Equity Offering

Daimler-backed Momenta says its robotaxis will be fully driverless and profitable in 2024

In China and the U.S., there’s much debate about when and how humans will achieve fully autonomous robotaxis at scale — cars that chauffeur passengers under complex road conditions without safety drivers behind the wheel. Many pieces are needed to make this happen: mammoth amounts of test data, advanced algorithms, strong operational teams, big checks… Continue reading Daimler-backed Momenta says its robotaxis will be fully driverless and profitable in 2024

Uber is reportedly in talks to buy food delivery firm Postmates for $2.6 billion

Uber is holding acquisition talks with food delivery startup Postmates, the New York Times reports. Earlier this year Uber was reported to be holding acquisition talks with Grubhub, but these reportedly fell through and in mid-June Grubhub announced it was merging with Just Eat. Postmates is smaller than Grubhub, and could also expose Uber to… Continue reading Uber is reportedly in talks to buy food delivery firm Postmates for $2.6 billion

Bridgestone, Microsoft partner to develop real-time tyre damage monitoring system

Bridgestone, one of the lading tyre and rubber manufacturer, is collaborating with American software major Microsoft to develop a world-first monitoring system for detecting tyre damage issues in real-time. The company says these issues are a serious matter and contributing to around 30 percent of all car accidents caused by technical failure. According to Bridgestone,… Continue reading Bridgestone, Microsoft partner to develop real-time tyre damage monitoring system

Skipr Raises €7M in Funding

Skipr, a Brussels, Belgium-based B2B Mobility as a Service startup, raised €7m in funding. The round was led by Belfius, with participation from existing investor Lab Box, the startup studio of D’Ieteren Auto, a key player in Belgian automobile distribution. The company intends to use the funds to continue scaling its business in Belgium and… Continue reading Skipr Raises €7M in Funding

@BMW: Interview with Oliver Zipse, Chairman of the Board of Management of BMW AG: “We will be taking sustainability to a whole new level”

Munich. When it comes to sustainability, major corporations have a key role to play. The BMW Group acknowledged this fact long ago and outperforms industry rivals by far in terms of CO2 emissions per vehicle produced. But as new powertrains such as e-drives gain momentum, the approach to sustainable vehicle production is changing. In an… Continue reading @BMW: Interview with Oliver Zipse, Chairman of the Board of Management of BMW AG: “We will be taking sustainability to a whole new level”

After losing Grubhub, Uber reportedly hails Postmates

Uber has reportedly made an offer to buy food delivery service Postmates, according to The New York Times. According to the Times, the talks are still ongoing and the deal could fall through. For those that have been paying attention to Uber, this appetite is not new, albeit consistent. A little over a month ago,… Continue reading After losing Grubhub, Uber reportedly hails Postmates