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
Tag: Mobility
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
Malaysian car-sharing startup Moovby raises $500k for regional expanison
It plans to enter Singapore and Thailand this year. Go to Source
US DOT approves Nuro’s next-gen driverless delivery vehicle design
Sponsored Links Nuro Today, the US Department of Transportation (DOT) and the National Highway Traffic Safety Administration (NHTSA) approved a regulatory exemption for Nuro’s next-generation self-driving delivery vehicle, R2. The exemption allows Nuro to begin public road testing and to prepare for deliveries to customers’ homes. With this exemption, Nuro can replace mirrors with cameras… Continue reading US DOT approves Nuro’s next-gen driverless delivery vehicle design
@Nissan: 2020 Nissan Frontier debuts with ‘heart of the next-generation Frontier’
2020/02/06 CHICAGO – As one successful era ends, another is just beginning in the heart of the 2020 Nissan Frontier. At a media reception tonight, Nissan revealed the 2020 Frontier which features an all-new, powerful 3.8-liter direct injection V6 engine and all-new 9-speed automatic transmission – both of which will be key elements in the… Continue reading @Nissan: 2020 Nissan Frontier debuts with ‘heart of the next-generation Frontier’
Commercial vehicle manufacturer: Iveco builds Nikola TRE electric and fuel cell trucks in Ulm
Nikola TRE Production is expected to start in the first quarter of 2021. Stuttgart The Iveco plant in Ulm has been awarded the Nikola TRE electric truck. The company announced that now. The Nikola TRE is a battery-electric heavy-duty truck, and at the same time the first step towards the planned fuel cell truck. Iveco… Continue reading Commercial vehicle manufacturer: Iveco builds Nikola TRE electric and fuel cell trucks in Ulm
@Geely: First electric van prototypes in build at LEVC
The first prototypes of the new van from London Electric Vehicle Company (LEVC) are now being built at the company’s state-of-the-art factory in Ansty, Coventry, ahead of its debut at this year’s CV show on the 28th April. Due to the advanced manufacturing flexibility of the LEVC factory, it has been possible to build these verification… Continue reading @Geely: First electric van prototypes in build at LEVC
@Nio: NIO Announces Private Placement of US$100 Million Short-term Convertible Notes
SHANGHAI, China, Feb. 06, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today announced that it has entered into definitive transaction documents with an unaffiliated Asia based investment fund (the “Purchaser”), pursuant to which NIO will issue and sell convertible notes in an… Continue reading @Nio: NIO Announces Private Placement of US$100 Million Short-term Convertible Notes