Mobility – Page 6950 – I wish I had more to offer

Lyft: Lyft Announces Record Third Quarter Results

Third quarter revenue grew to $956 million, up 63% year-over-yearRaising outlook for fiscal 2019SAN FRANCISCO, Oct. 30, 2019 (GLOBE NEWSWIRE) — Lyft, Inc. (Nasdaq:LYFT) today announced financial results for its third quarter ended September 30, 2019. “Our third quarter results demonstrated the significant progress Lyft has made on our path to profitability. Record revenue was generated… Continue reading Lyft: Lyft Announces Record Third Quarter Results

Lyft: Lyft Co-Founders to Participate in Fireside Chat at WSJ Tech Live

SAN FRANCISCO, Oct. 17, 2019 (GLOBE NEWSWIRE) —Lyft, Inc. (Nasdaq:LYFT) announced today that Logan Green, Co-Founder and Chief Executive Officer, and John Zimmer, Co-Founder and President, will participate in a fireside chat at WSJ Tech Live on Tuesday, October 22, 2019. Mr. Green and Mr. Zimmer are scheduled to appear at 9:00 a.m. Pacific Time.A… Continue reading Lyft: Lyft Co-Founders to Participate in Fireside Chat at WSJ Tech Live

Lyft: Transgender Awareness Week: Our Stories

Honoring Transgender Awareness Week, we present a collection of diverse voices from Lyft employees. They hold such strength yet show these individuals’ willingness to be vulnerable in front of the world in order to foster understanding and help others. Their journeys may differ, but these brave people share in common the conviction and courage to… Continue reading Lyft: Transgender Awareness Week: Our Stories

The age of autonomous exploration

When the original Mayflower left one Plymouth to find another, it had 130 people on board. The next will have none. A romantic could conclude that America was founded on exploration. One could draw a line from the Moon landing back through westward expansion and ultimately the landing of the Mayflower at Plymouth rock. The… Continue reading The age of autonomous exploration

@Hyundai: Kia Motors celebrates decade of manufacturing in Georgia

Kia Motors Corporation today celebrated its 10th anniversary of vehicle production in West Point, Georgia, U.S.A. The facility, named Kia Motors Manufacturing Georgia (KMMG), was the company’s first manufacturing hub to open in North America. It has so far helped create more than 15,000 local jobs and produced more than three million vehicles. KMMG became… Continue reading @Hyundai: Kia Motors celebrates decade of manufacturing in Georgia

@Tata: Tata Motors inaugurates Advance Power Systems Engineering Tech Center in Pune

13 November, 2019 Tata Motors inaugurated the world-class ‘Advance Power Systems Engineering Tech Center’ in Pune. The opening ceremony was attended by Mr. Guenter Butschek, CEO & MD, Tata Motors Ltd. along with Prof. Helmut List, Chairman and CEO, AVL List GMBH and Dr. Rajeev Gautam – President, Horiba India and Tata Motors senior management.… Continue reading @Tata: Tata Motors inaugurates Advance Power Systems Engineering Tech Center in Pune

Details About Tesla Gigafactory 4 Emerge In German Press

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Published on November 18th, 2019 |

by Steve Hanley

Details About Tesla Gigafactory 4 Emerge In German Press

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November 18th, 2019 by Steve Hanley

Over the weekend, details about the new Tesla Gigafactory 4 near Berlin began to emerge. According to Deutsche Welle, the new factory, which will also manufacture battery packs, will be located in the town of Grünheide in the German state of Brandenburg. It says the total investment in the factory will come to about $4.4 billion — about double what the new factory in China cost. The project will be eligible for up to $330 million in subsidies if they are approved by the European Union.

Construction is expected to begin in early 2020 — about a year after Gigafactory 3 in China began — and the first cars should be rolling off the assembly line in 2021, reports Bloomberg. The first cars built in China emerged just 10 months after construction of the factory began. In its most recent earnings letter, Tesla said it expected the first German-built cars to be on the road in 2021, but there’s a good chance Elon Musk has other plans.

The Brandenburg state government is delighted to have Tesla build its new factory there. It expects Gigafactory 4 to provide 3,000 new jobs initially, and as many as 8,000 in later years as it expands. Deutsche Welle says the first production line will be devoted to building the Model Y crossover/SUV, with an annual production goal of 150,000 vehicles. How many production lines will ultimately be in operation there or when production of the Model 3 sedan will begin is not known at this time. Brandenburg is a renewable energy leader in Germany, with many wind turbines dotting its landscape, something that was likely a factor in Tesla’s decision to build its newest factory there.

Carsten Brönstrup, a spokesperson for UVB, an association that represents the interests of a large number of companies in Berlin and Brandenburg, tells Deutsche Welle Tesla’s announcement was a big thing. “It’s magnificent; it’s like Christmas coming early for our region. The region is not particularly known for its strong industry, so getting a Gigafactory will push future-oriented technologies such as battery production and autonomous driving.”

We have been dizzy lately with the pace of Volkswagen’s push into electric cars, but the decision by Tesla to build its next factory in Germany has really set the fox among the chickens. The electric car revolution is about to reach critical mass and will overwhelm the deniers, doomsayers, and detractors soon, leaving them floundering in its wake.

The Brandenburg state government told news agency DPA that at least 3,000 people could be employed at the factory, and that the number of employees could rise up to 8,000 after an expansion.

Construction on the massive project is slated to begin in the first three months of 2020, with the plant expected to be up and running by the end of 2021.
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Steve Hanley Steve writes about the interface between technology and sustainability from his home in Rhode Island and anywhere else the Singularity may lead him. His motto is, “Life is not measured by how many breaths we take but by the number of moments that take our breath away!” You can follow him on Google + and on Twitter.

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Media Covers Velodyne’s Alpha Prime Launch

November 18, 2019 Velodyne launched Alpha Prime™, the most advanced lidar sensor on the market. An article by The Robot Report noted Alpha Prime “is designed for more precise mapping and to help autonomous vehicles safely navigate in unfamiliar and dynamic settings.” The article quotes Oliver Cameron, co-founder and CEO of Voyage Auto commenting on… Continue reading Media Covers Velodyne’s Alpha Prime Launch

LEDinside Interviews Velodyne Lidar COO Rick Tewell

November 18, 2019 Velodyne Lidar provides smart, powerful lidar solutions for ADAS and autonomy. Rick Tewell, COOVelodyne Lidar Yining Chen of LEDinside wrote a story based on an interview with Velodyne COO Rick Tewell and noted the company’s “lidar system ushers in a new and incredible era of advanced 3D imaging technology in autonomous vehicles.”… Continue reading LEDinside Interviews Velodyne Lidar COO Rick Tewell

Lyft: Lyft Is Your Ticket to Fresh Powder

Whether you’re ready to hit the bowls or the bunny slopes, we’ll get you and your gear to the mountain smoothly with Ski Rack mode. When you request a ride with Ski Rack mode, you’ll be picked up in a car that’s fully equipped to handle your skis and snowboards — so you can focus… Continue reading Lyft: Lyft Is Your Ticket to Fresh Powder