Shutterstock Lyft cofounders Logan Green and John Zimmer said at The Wall Street Journal’s Tech Live conference on Tuesday that they expected the company to be profitable by the fourth quarter of 2021, a year earlier than analyst forecasts. The news sent Lyft shares surging as much as 11%, their biggest intraday increase since the… Continue reading Lyft says it will turn a profit a year ahead of schedule — and the stock is exploding higher (LYFT)
Tag: Mobility
A Waymo executive explains why the self-driving startup wants its rides to be ‘amazingly boring’ (GOOGL)
Waymo‘s chief external officer said the startup hopes its autonomous rides are “amazingly boring.” Tekedra Mawakana made the comments at Business Insider’s transportation-focused IGNITION event in San Francisco on Tuesday. “People don’t trust what they’re not familiar with,” she said. “That makes sense. We see people take their first ride and they go from a… Continue reading A Waymo executive explains why the self-driving startup wants its rides to be ‘amazingly boring’ (GOOGL)
Zoox cofounder Jesse Levinson says there’s ‘no chance’ Tesla will launch fully self-driving cars next year, despite Elon Musk’s claims
When asked if there’s “any chance” that Tesla will have fully self-driving cars ready next year as Tesla CEO Elon Musk has claimed, Zoox cofounder and CTO Jesse Levinson had a one-word answer: “No.” Speaking with transportation reporter Mark Matousek on stage at Business Insider’s IGNITION: Transportation event in San Francisco Tuesday, Levinson said that… Continue reading Zoox cofounder Jesse Levinson says there’s ‘no chance’ Tesla will launch fully self-driving cars next year, despite Elon Musk’s claims
Press: Rolling Test Laboratory: ZF Cooperates with Deutsche Bahn on the “advanced TrainLab”
connect@rail provides extensive condition monitoring of test train components On-vehicle sensors provide additional insight into track condition #MobilityLifeBalance: ZF promotes mobility for everyone across various modes of transport Friedrichshafen. ZF is working with Deutsche Bahn AG (DB) to test connect@rail, a new advanced condition monitoring system for the rail sector. connect@rail allows extensive condition monitoring… Continue reading Press: Rolling Test Laboratory: ZF Cooperates with Deutsche Bahn on the “advanced TrainLab”
A 100x Investment (Part 1)
comma.ai has raised $8.1 million, Zoox has raised $990 million. Cruise and Waymo have raised even more. By my priors, this bothers me. How can I claim with a straight face we are going to win self driving cars, when, all else being equal, we appear much less likely to succeed. Although I lose sleep… Continue reading A 100x Investment (Part 1)
A Conversation with Chris Urmson, Reid Hoffman, and Mike Volpi
Mike Volpi, Chris Urmson, and Reid Hoffman spoke to students at Carnegie Mellon in Pittsburgh. Recently, Chris Urmson and members of our Board of Directors visited Pittsburgh, one of our company headquarters and a city bustling with self-driving tech development. They stopped by Carnegie Mellon, Chris’s alma mater, to meet with students and share their… Continue reading A Conversation with Chris Urmson, Reid Hoffman, and Mike Volpi
Uber CEO expects to ride developing market growth in next decade
NEW DELHI (Reuters) – Uber (UBER.N) pinned its growth over the next decade on developing markets like India on Tuesday, despite the problems it has faced in establishing itself in China and Southeast Asia. Uber CEO Dara Khosrowshahi speaks to the media at an event in New Delhi, India, October 22, 2019. REUTERS/Anushree Fadnavis India… Continue reading Uber CEO expects to ride developing market growth in next decade
Penske Dash Selects Ridecell As Technology Partner To Power New Carsharing Service
SAN FRANCISCO, Oct. 22, 2019 /PRNewswire/ — Ridecell Inc., the leading platform provider for shared mobility operators, today announced it has been selected by Penske Dash as the technology partner for Penske Dash carsharing. The Ridecell platform used by Penske Dash provides a complete solution for their carsharing service of Volkswagen Jetta cars, launching this… Continue reading Penske Dash Selects Ridecell As Technology Partner To Power New Carsharing Service
Hamburg and Continental agree on mobility partnership
Joint ITS projects: protection of vulnerable road users and more efficient use of parking spaces Today, the Free and Hanseatic City of Hamburg signed a partnership agreement with the technology company Continental on the future development of urban mobility at the World Congress for Intelligent Transport Systems (ITS) in Singapore. Continental has had close links… Continue reading Hamburg and Continental agree on mobility partnership
VW weighs expanding ride-hailing business to Ghana
JOHANNESBURG (Reuters) – Volkswagen (VOWG_p.DE) will decide early next year whether to roll out its new ride-hailing business in Ghana, where the German automaker will soon begin assembling cars, the head of the company’s African division said. FILE PHOTO: A new logo of German carmaker Volkswagen at the VW headquarters in Wolfsburg, Germany September 9,… Continue reading VW weighs expanding ride-hailing business to Ghana