Tag: Mobility

India Digest: Ola cuts Foodpanda budget; IDFC’s road assets sale; SMILE Microfin owners eye exit

January 28, 2019 Ola has slashed its budget for Foodpanda, while Canadian pension funds and NIIF are in talks to acquire seven road assets of IDFC. Also, Developing World Markets is again looking to sell its 67 per cent in SMILE microfinance. Ola slashes Foodpanda budget Indian ride-hailing major Ola has reportedly more than halved its… Continue reading India Digest: Ola cuts Foodpanda budget; IDFC’s road assets sale; SMILE Microfin owners eye exit

Lidar versus cameras

The lidar manufacturers are considering protective measures against cameras. On the CES 2019 in Las Vegas there was an incident that now has consequences. A hobby photographer takes a picture of a vehicle equipped with lidar. The Lidar’s laser obviously damaged the camera. After the incident at the CES, the voices that want to regulate… Continue reading Lidar versus cameras

Baidu tests driverless cars on expressway in Shanxi

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China’s Didi, BAIC set up joint venture to work on NEV projects

BEIJING (Reuters) – China’s Didi Chuxing said it had set up a joint venture (JV) with Beijing Electric Vehicle Co., a unit of state-owned BAIC, to work on new energy vehicle and artificial intelligence projects. The JV, BAIC-Xiaoju New Energy Auto Technology Co. Ltd, aims to develop “next-generation connected-car systems”, Didi, China’s largest ride-hailing operator,… Continue reading China’s Didi, BAIC set up joint venture to work on NEV projects

Didi Chuxing, Beijing Electric form JV for new energy vehicle, AI projects

January 28, 2019 China’s Didi Chuxing said on Monday it had set up a joint venture (JV) with Beijing Electric Vehicle Co., a unit of Chinese carmaker BAIC, which will work on new energy vehicle and artificial intelligence projects. The JV, BAIC-Xiaoju New Energy Auto Technology Co. Ltd, aims to develop “next-generation connected-car systems”, Didi,… Continue reading Didi Chuxing, Beijing Electric form JV for new energy vehicle, AI projects

BMW, Porsche, Jaguar Land Rover invest in roadside assistance startup Urgently

Urgently, the roadside assistance startup that connects car owners who need help with tow truck and other services, has raised $21 million in a Series B round that includes the venture arms of BMW, Porsche and Jaguar Land Rover. BMW has also signed Urgently as a vendor partner for its own roadside assistance platform (known… Continue reading BMW, Porsche, Jaguar Land Rover invest in roadside assistance startup Urgently

Apple’s self-driving car program just took a hard right – Fast Company

That’s because the Cupertino company just laid off more than 200 employees who were working on the project, CNBC reports. In addition to the layoffs, it also appears that a number of additional employees working in Apple’s car program, known as Project Titan, have been reassigned to other departments in the company. CNBC says Apple… Continue reading Apple’s self-driving car program just took a hard right – Fast Company

Emission-free, efficient and safe: The future urban construction site

To date, around 50 percent of people around the world call a city their home; a trend that is on the rise. Is it any wonder? In both developing and emerging countries, large cities offer many advantages to their dwellers. The jobs market is better, and it’s also easier to provide healthcare, education and other… Continue reading Emission-free, efficient and safe: The future urban construction site