STUTTGART, Germany, July 24, 2019 /PRNewswire/ — Revenue up 5% to €42.7 billion (Q2 2018: €40.8 billion) Group EBIT of minus €1.6 billion (Q2 2018: plus €2.6 billion) Net loss of €1.2 billion (Q2 2018: net profit of €1.8 billion) Portfolio review and efficiency programs intensified Significant improvement of EBIT and free cash flow in… Continue reading Daimler reports second-quarter 2019 results
Tag: Mobility
Uber Freight launches in Germany, faces local competition
FRANKFURT (Reuters) – U.S. ride-hailing company Uber (UBER.N) is launching a freight platform in Germany, taking on local technology startups in a race to grab a share of Europe’s $500 billion trucking market. FILE PHOTO: A screen displays the company logo for Uber Technologies Inc. on the day of it’s IPO at the New York… Continue reading Uber Freight launches in Germany, faces local competition
Alibaba, Tencent-backed ride-hailing app T3 Chuxing goes live in China
A new competitor in the ride-hailing market has emerged to challenge the pole position held by long-time player Didi Chuxing – T3 Chuxing. T3 Chuxing was unveiled by its operator Nanjing Lingxing Technology Company Limited in Nanjing on Monday, according to a statement by the startup. Its mobile app went online on July 17 and… Continue reading Alibaba, Tencent-backed ride-hailing app T3 Chuxing goes live in China
Daimler and Bosch obtain approval for world’s first SAE level 4 driverless valet parking
BERLIN, July 23 (Xinhua) — Carmaker Daimler and Germany's largest automotive supplier Bosch have obtained the official approval for an automated valet parking system in the Mercedes-Benz museum parking garage in the city of Stuttgart, the two companies announced on Tuesday.
The project was supervised by experts of the technical inspection association TUEV Rheinland and would be the world's first fully automated driverless parking function according to SAE Level 4 “to be officially approved for everyday use”, Daimler and Bosch stated.
Autonomous driving according to SAE level 4 enables a car to drive without a driver in a geographically defined area such as the parking garage in the pilot project of Bosch and Daimler.
“Driverless driving and parking are important building blocks for tomorrow's mobility,” said Markus Heyn, chief executive officer (CEO) of Bosch.
For the pilot project, Bosch is providing the infrastructure and sensors installed into the parking garage whil..
The road ahead for Waymo, AV engineering and mobility, with Waymo CTO Dmitri Dolgov
Earlier this month, TechCrunch held its annual Mobility Sessions event down in San Jose, where leading mobility-focused auto companies, startups, executives and thought leaders joined us to discuss all things autonomous vehicle technology, micromobility and electric vehicles. Extra Crunch is offering members access to full transcripts key panels and conversations from the event, including a… Continue reading The road ahead for Waymo, AV engineering and mobility, with Waymo CTO Dmitri Dolgov
Velodyne Lidar Acquires Mapper.ai for ADAS Launch
July 22, 2019 Velodyne adds Mapper’s mapping and localization software to advance revolutionary lidar-centric ADAS In addition to ADAS, Velodyne will incorporate Mapper technology into lidar-centric solutions for other emerging applications, including autonomous vehicles, last-mile delivery services, security, smart cities, smart agriculture, robotics, and unmanned aerial vehicles. Velodyne Lidar, Inc. today announced it has acquired… Continue reading Velodyne Lidar Acquires Mapper.ai for ADAS Launch
Solaris Wins Biggest Electric Bus Contract In Europe For 130 Vehicles
Within less than a month, Solaris received three volume orders for hundreds of electric buses. Solaris, the Polish bus manufacturer (part of CAF Group from September 2018 on), just won Europe’s biggest contract for 130 articulated electric buses for Warsaw, the capital of Poland. The total value of 130 Solaris Urbino 18 electric for Warsaw… Continue reading Solaris Wins Biggest Electric Bus Contract In Europe For 130 Vehicles
Known for its electric scooters, Gogoro moves toward its future as a mobility platform
Since the launch of its first electric scooter in 2015, Gogoro co-founder and CEO Horace Luke has frequently been asked when the startup is going to expand beyond Taiwan. In its home country, Gogoro’s two-wheel vehicles, with their distinctive swappable battery system, are now the top-selling electric scooters. But Luke says the company has always… Continue reading Known for its electric scooters, Gogoro moves toward its future as a mobility platform
Lyft opens to the public autonomous driving data set from its Level 5 self-driving fleet
Lyft is offering to the public a set of autonomous driving data that it calls the “largest public data set of its kind,” containing over 55,000 3D frames of captured footage hand-labeled by human reviewers, data collected by seven cameras and as many as three lidars depending on the car used, plus a drivable surface… Continue reading Lyft opens to the public autonomous driving data set from its Level 5 self-driving fleet
Tesla bailed on its harassment lawsuit against a short seller after refusing to provide evidence of its claims (TSLA)
There are hundreds of lawsuits against Tesla, most of them warranty suits or issues with suppliers, but some have become bizarre spectacles for anyone watching the stock. Tesla’s now defunct suit against Randeep Hothi fits into the latter category. In April, Tesla accused Hothi of menacing and injuring its employees, and driving recklessly around them… Continue reading Tesla bailed on its harassment lawsuit against a short seller after refusing to provide evidence of its claims (TSLA)