Uber — the on-demand transportation and food delivery behemoth — has been hit hard by the novel coronavirus pandemic. CEO Dara Khosrowshahi said today in a call with investors that ride volume has gone down by as much as 60%-70% in recent days in the hardest-hit cities like Seattle, and that’s before you consider the pauses… Continue reading Uber says rides down by as much as 70% in cities hardest hit by Coronavirus, looks at delivering meds
Tag: Mobility
Announcing Waymo’s Open Dataset Virtual Challenges
Last August, we invited the research community to join us in accelerating self-driving technology with the release of one of the largest multi-sensor self-driving datasets available today. Even as COVID-19 continues to develop, we are committed to fostering an environment of innovation and learning – one that can continue to grow and thrive in our… Continue reading Announcing Waymo’s Open Dataset Virtual Challenges
Uber says a coronavirus worst-case scenario could cost it $7 billion and rides could slump as much as 80% (UBER)
Uber has seen its rides business shrink up to 80% as the spreading coronavirus forces people to stay home. The company is modeling up to an $7 billion hit in its worst-case scenario model, it said Thursday. Executives said on a conference call that Uber Eats could help ease some of the pain as people… Continue reading Uber says a coronavirus worst-case scenario could cost it $7 billion and rides could slump as much as 80% (UBER)
Uh-oh Uber, Look Out Lyft: Here Comes Driverless Ride Sharing
Original Article
Volvo recalls 750,000 cars globally amidst concerns about faulty emergency braking
AEB fault was identified on an XC60 by Danish motoring body FDM during a road test in late 2019. Volvo has recalled nearly 750,000 vehicles worldwide amid concerns that their autonomous emergency braking (AEB) systems are faulty. The fault – affecting 736,430 cars, 56,368 of which are in the UK – was identified by Danish motoring body FDM during a… Continue reading Volvo recalls 750,000 cars globally amidst concerns about faulty emergency braking
Changan automobile UNI-T stunningly debut with astonishing design and high-intelligent technology
CHONGQING, China, March 19, 2020 /PRNewswire/ — Recently, China-based automaker Changan Automobile’s new model UNI-T made its formal worldwide debut, leveraging several futuristic technologies in tandem with a unique, avant-garde look. The model aroused heated debates with its AI-chip intelligent vehicle system, L3 autonomous driving system, which further demonstrates the carmaker’s adoption of futuristic technologies and… Continue reading Changan automobile UNI-T stunningly debut with astonishing design and high-intelligent technology
Uber, Lyft Suspend Shared Ride Service
Photo via Uber. Ride-hailing services Uber and Lyft have suspended their shared ride options amid growing concern about the coronavirus and the need to practice social distancing. According to Tech Crunch, Uber’s suspension of its pool service applies only to the U.S. and Canada. The company is looking at enacting the same measure in other… Continue reading Uber, Lyft Suspend Shared Ride Service
@Hyundai: All-New 2021 Hyundai Elantra and Elantra Hybrid Make World Premiere in Hollywood
HOLLYWOOD, Calif., Mar. 17, 2020 – Hyundai officially launched its all-new 2021 Elantra and Elantra Hybrid at The Lot Studios in West Hollywood with a special event today broadcast around the world. This marks the world debut of the latest version of the popular compact sedan. The 2021 Elantra showcases Hyundai’s latest ambitions, including a Sensuous… Continue reading @Hyundai: All-New 2021 Hyundai Elantra and Elantra Hybrid Make World Premiere in Hollywood
Uber: Uber Announces Analyst Call
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) will host a conference call with analysts on Thursday, March 19, 2020 at 5:30 a.m. Pacific Time (8:30 a.m. Eastern Time) to discuss the state of the business in light of COVID-19, and what the company is doing to respond. A live webcast of the conference call can… Continue reading Uber: Uber Announces Analyst Call
Detroit automakers Ford, General Motors, FCA agree to close all US plants
CLOSE The CDC and a new study look at how long the coronavirus can live on surfaces. USA TODAY The Detroit Three automakers agreed Wednesday to UAW demands to shut down all North American plants as a precaution against coronavirus. During the shutdown, the union members will get paid similar to the compensation plan for when they… Continue reading Detroit automakers Ford, General Motors, FCA agree to close all US plants