Uber Says Driverless Cars Can Only Happen in Lockstep With Regulators More Eric Meyhofer, the head of Uber’s advanced technology group, dispelled any notion on Thursday that driverless cars are a pipe dream or laughable relics from an old Jetsons cartoon. Subscribe to Skift newsletters covering the business of travel, restaurants, and wellness. Go to… Continue reading Uber Says Driverless Cars Can Only Happen in Lockstep With Regulators – Yahoo Finance
Tag: Mobility
Tesla rival Nio is recalling around 4,800 vehicles after 3 caught fire
The Chinese electric-vehicle startup Nio is recalling 4,803 ES8 SUVs following reports of three vehicles catching fire. The company announced the recall Thursday in a post on its website, saying an issue with an old version of their battery packs had the potential to cause a short circuit. Vehicles produced after October 20, 2018, have… Continue reading Tesla rival Nio is recalling around 4,800 vehicles after 3 caught fire
MONET forms capital and business partnerships with Isuzu, Suzuki, Subaru, Daihatsu and Mazda
MONET Technologies Inc.Isuzu Motors LimitedSuzuki Motor CorporationSubaru CorporationDaihatsu Motor Co., Ltd.Mazda Motor CorporationHino Motors, Ltd.Honda Motor Co., Ltd. MONET Technologies Inc. (“MONET”) today announced that it concluded capital and business partnership agreements with Isuzu Motors Limited (“Isuzu”), Suzuki Motor Corporation (“Suzuki”), Subaru Corporation (“Subaru”), Daihatsu Motor Co., Ltd. (“Daihatsu”) and Mazda Motor Corporation (“Mazda”), respectively.… Continue reading MONET forms capital and business partnerships with Isuzu, Suzuki, Subaru, Daihatsu and Mazda
NAVYA signed a memorandum of understanding with ESMO Corporation
To build a strategic partnership to address the North East Asia market, NAVYA signed a memorandum of understanding with ESMO Corporation Commitment by ESMO Corporation to subscribe to bonds repayable in cash or into new or existing shares (ORNANE) for a total consideration of€20 million Villeurbanne, France, June 28, 2019 – 8:00 am CEST –… Continue reading NAVYA signed a memorandum of understanding with ESMO Corporation
In brief: Ola to invest in Avail, add microfinance products
The ride-hailing firm is set to join the fintech startup’s series A fundraise as part of a wider strategic partnership. Go to Source
Lyft expands bike rentals to Washington DC
Sponsored Links ASSOCIATED PRESS Lyft has expanded beyond traditional rideshare and into other areas like car rentals and transport to and from events. Now, it is updating its app to provide bike-sharing services in the Washington, DC area through Capital Bikeshare, joining New York and San Francisco in offering both cycles and cars from a… Continue reading Lyft expands bike rentals to Washington DC
BMW boss apparently has to fear for his post
The contract of BMW boss Harald Krüger could not be extended, according to “Handelsblatt”. The company is silent on the report. BMW boss Harald Krüger Friday, 28.06.2019 07:51 clock at BMW Apparently a power poker has flared up around the chief post. According to “Handelsblatt” The supervisory board of the car company wants to decide… Continue reading BMW boss apparently has to fear for his post
The future of BMW’s boss in suspense
Harald Krüger is apparently worried about his future at the helm of Bavarian automaker BMW. His contract, which expires in May 2020, may not be renewed, according to the daily “Handelsblatt”. “An extension is no longer considered within the group as the most likely variant,” writes Friday the German business newspaper, while the supervisory board… Continue reading The future of BMW’s boss in suspense
WABCO Shareholders Approve ZF Friedrichshafen Acquisition
BERN, Switzerland, June 27, 2019 (GLOBE NEWSWIRE) — WABCO Holdings (“WABCO”) (NYSE: WBC), a leading global supplier of technologies and services that improve the safety, efficiency and connectivity of commercial vehicles, today welcomed the decision by its shareholders to approve the company’s acquisition by ZF Friedrichshafen AG (“ZF”), a privately held global technology company and… Continue reading WABCO Shareholders Approve ZF Friedrichshafen Acquisition
Faurecia invests 25 million in a center to improve hydrogen fuel tanks
MADRID, June 28 (EUROPA PRESS) – The manufacturer of components for automobiles Faurecia will invest 25 million euros in a research center to improve the development of hydrogen fuel tanks. According to the company in a press release, of this amount, 4.9 million euros belong to a subsidy granted by the Bourgogne-Franche-Comté region (France). In… Continue reading Faurecia invests 25 million in a center to improve hydrogen fuel tanks