Tag: Mobility

Volkswagen to invest 60 billion euros in e-mobility, digital tech by 2024

FILE PHOTO: The revised logo of German carmaker Volkswagen AG is pictured during a preview of the world’s biggest automaker at the international Frankfurt Motor Show IAA in Frankfurt, Germany September 9, 2019. REUTERS/Wolfgang Rattay FRANKFURT (Reuters) – Volkswagen (VOWG_p.DE) will invest 60 billion euros ($66.12 billion) until 2024 to develop electromobility and digital technologies,… Continue reading Volkswagen to invest 60 billion euros in e-mobility, digital tech by 2024

Hyundai: Hyundai Motor Group Launches Future Mobility Venture MoceanLab

MoceanLab to provide mobility services in Los Angeles starting with its pilot carshare service, Mocean Carshare Hyundai Motor Group today established MoceanLab, a mobility service venture, as part of the Group’s larger initiative to create a sustainable, connected future. MoceanLab will provide mobility services in the City of Los Angeles, and expand its services to… Continue reading Hyundai: Hyundai Motor Group Launches Future Mobility Venture MoceanLab

Lyft is ceasing scooter operations in six cities and laying off 20 employees

In an industry where unit economics and rider utilization are key to running a profitable business, perhaps it’s better to cut your losses early on. Lyft notified employees today that it’s pulling its scooters from six markets: Nashville, San Antonio, Atlanta, the Phoenix area, Dallas and Columbus. “We’re choosing to focus on the markets where… Continue reading Lyft is ceasing scooter operations in six cities and laying off 20 employees

Lyft Adds Thousands of Hybrids to its Rental Car Fleet, Expanding on Recent Sustainability Efforts

In 2019, we added electric vehicles (EVs) to our rental car fleet, providing a cleaner transportation option for Lyft riders, and increasing net earnings for our driver community. But our work was not yet done: more drivers expressed interest in fuel-efficient vehicles than there were EVs available, so additional cars were needed to meet the… Continue reading Lyft Adds Thousands of Hybrids to its Rental Car Fleet, Expanding on Recent Sustainability Efforts

Press: ZF and Danfoss Seal Strategic Partnership

“This is a robust long-term partnership that enables ZF and Danfoss to pool their strengths. Coming together on this opens up significant innovation potential to improve the technical and commercial competitiveness of our inverters. We will utilize this advantage in all our drivetrain applications, from hybrid up to full electric applications,” explains Jörg Grotendorst, Head… Continue reading Press: ZF and Danfoss Seal Strategic Partnership

Ouster Introduces Low-Cost, High-Resolution 32-Channel Lidar Sensor – Business Wire

SAN FRANCISCO–(BUSINESS WIRE)–Ouster, Inc., a leading provider of high-resolution lidar sensors for autonomous vehicles, robotics, security, and mapping, is introducing the OS1-32, the world’s most affordable 32-channel lidar sensor. The OS1-32 is designed to accelerate the development and deployment of perception systems by offering Ouster’s high-resolution digital lidar technology at an attainable price point for… Continue reading Ouster Introduces Low-Cost, High-Resolution 32-Channel Lidar Sensor – Business Wire

Lyft deploys 200 long-range EVs for its rideshare rental fleet in Colorado

Lyft is making 200 new long-range EVs available to rideshare drivers as part of its Express Drive program, the company revealed today. Express Drive is a program that Lyft offers to provide rental cars to drivers on its platform as an alternative to options like long-term leasing. Express Drive members get unlimited miles, as well… Continue reading Lyft deploys 200 long-range EVs for its rideshare rental fleet in Colorado

German carmaker Daimler presents new business strategy for coming years

BERLIN, Nov. 14 (Xinhua) — The German car manufacturer Daimler on Thursday presented a new sustainable business strategy with a “clear commitment” to CO2-neutral mobility as well as cost-cutting measures.
According to Daimler, global regulatory CO2 targets would require ongoing high investment. The growing range of plug-in hybrids and all-electric vehicles was leading to cost increases that would have a negative impact on the return on sales of Mercedes-Benz cars.
In Daimler's core business alone, Mercedes-Benz Cars, the car manufacturer planned to save more than 1 billion euros (1.1 billion U.S. dollars) in personnel costs by the end of 2022. To this end, Daimler was seeking to cut jobs both in management and in non-production areas such as logistics and accounting.
According to Daimler, it would be in close contact with its employee representatives “in order to make the measures as acceptable as possible.”
With the business strategy, Daimler was also seeking to improve its free..

Daimler takes “reality check” on robotaxis

* Daimler says robotaxi tech proving difficult to perfect
* Benefits of such vehicles unclear
* CEO says to “rightsize” spend level on robotaxis
* Commercial vehicles may be more suited for assisted driving tech (Adds details)
FRANKFURT, Nov 14 (Reuters) – Daimler has taken a “reality check” on self-driving “robotaxis”, acknowledging that making them safe is proving harder than first thought amid questions over their future earnings potential.
Chief Executive Ola Kaellenius told journalists on Thursday Daimler would “rightsize” its spending level on robotaxis and that self-driving technology would more likely be applied to commercial vehicles for freight companies on long haul routes.
Carmakers raced to develop self-driving vehicles after Google presented a prototype car in 2012, leading Daimler to develop an autonomous Mercedes.
The idea of fleets of robotaxis picking up and ferrying customers around cities gained traction, driven by the stellar growth of ride services such as Uber an..