Tag: Mobility

Renesas in $6.7 billion deal for IDT to boost chips for self-driving cars

TOKYO (Reuters) – Japan’s Renesas Electronics Corp (6723.T) said it had agreed to buy Integrated Device Technology Inc (IDT) (IDTI.O) for $6.7 billion, its second major acquisition as it deepens its push into semiconductors for self-driving cars. Renesas Electronics Corp’s logo is seen on its product at the company’s conference in Tokyo, Japan, April 11,… Continue reading Renesas in $6.7 billion deal for IDT to boost chips for self-driving cars

The Volvo 360c concept is an office-bed-living room mashup to disrupt domestic air travel

Volvo unveiled Wednesday its vision for future travel. And it’s an electric autonomous vehicle without a steering wheel or other traditional means of control that would serve multiple purposes for its passengers, and ultimately disrupt the domestic air travel industry. The 360c concept is just a concept. Meaning, the vehicle shown Wednesday in Sweden won’t… Continue reading The Volvo 360c concept is an office-bed-living room mashup to disrupt domestic air travel

On-Demand Ride App Migo Raises $9M in Series A

Migo, a Seattle, WA-based provider of a free mobile app for on-demand rides and of a Mobility-as-a-Service (MaaS) platform, raised $9m in Series A funding. Backers included new investors Clayton Venture Partners, the venture capital arm of Enterprise Holdings Inc., Hyundai Cradle, and Thayer Ventures, and existing investors Second Avenue Partners, Via-ID, Rolling Bay Ventures,… Continue reading On-Demand Ride App Migo Raises $9M in Series A

Ready for Logistics 4.0: Smart tachograph from Continental is more than a monitoring device

” The new DTCO 4.0 digital tachograph brings reliable data into seamless supply and information chains Intelligent Transportation Systems (ITS) interface assists in transport planning and enables cooperating services Presentation at IAA Commercial Vehicles addresses current fleet management challenges Villingen-Schwenningen, September 10, 2018. The new Tachograph Regulation (EU) 165/2014 takes effect in mid-2019. All newly… Continue reading Ready for Logistics 4.0: Smart tachograph from Continental is more than a monitoring device

80mph speed limit held back by “public opinion”, says road chief

The UK’s motorway speed limit could be raised to 80mph, according to a senior road chief, but is unlikely to increase due to “public opinion and social views”. Jim O’Sullivan, chief executive of Highways England, which is responsible for the 4,300-mile Strategic Road Network of motorways and major trunk roads, told the Daily Telegraph: “We… Continue reading 80mph speed limit held back by “public opinion”, says road chief

Mando receives trial license for California

South Korean supplier Mando receives a test license for autonomous driving in California. Just two weeks ago, the company has Mando secured a license to test California Autonomous Vehicles. Mando also cooperates with the South Korean startup Naver, who is also interested in autonomous driving. Mando test vehicle. Source: prnewswire.com Mando is now that 58.… Continue reading Mando receives trial license for California

Volvo Cars CEO Håkan Samuelsson extends contract to 2022

Volvo Cars CEO Håkan Samuelsson extends contract to 2022   Volvo Cars has extended the contract of chief executive and president Håkan Samuelsson by another two years to 2022. The extension provides the company with management continuity as it continues to transform itself into a global and diversified mobility service provider.   “I have enjoyed… Continue reading Volvo Cars CEO Håkan Samuelsson extends contract to 2022

LG Chem signs battery pact with Vietnam’s carmaker VinFast

LG Chem signs battery pact with Vietnam��s carmaker VinFast South Korea��s to secondary battery maker LG Chem Ltd. signed a memorandum of understanding with Vietnam��s first finished car maker VinFast to cooperate in future mobility and other areas in the third important market for Korean exports. According to industry sources and Vietnamese media reports on… Continue reading LG Chem signs battery pact with Vietnam’s carmaker VinFast

Careem now has one million Captains

Captains are the reason Careem works, and a major part of why Careem was started in the first place. Four years ago, we announced our target to have one million Captains on our platform by the end of 2018. Today we achieved that target one-quarter early.

When Careem was launched, one of the original motivations behind it was to do something that was big and meaningful. Now, six years later, one million people have joined and become Captains for Careem, gaining meaningful employment across the greater MENA region. There were a lot of people in places like Pakistan, Saudi Arabia and Egypt who were not employed, or were under-employed, but now they have become productive members of society.

We’ve also launched in Palestine because we saw that there were a lot of lives there that could be improved, then in Iraq and most recently, in Sudan. We’re building a service that can improve the lives of people wherever it goes by giving them an income-generating opportunity as well as mobility.

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