Gett, the ridesharing company backed by Volkswagen and valued at around $1.5 billion, is putting the brakes on a major part of its growth strategy. Today, the company announced that it is closing its operations in New York, which run under the Juno brand, effective today. The company has a substantial business serving enterprise customers… Continue reading Juno shuts down its operations in NYC as owner Gett signs strategic partnership with Lyft
Tag: Strategy
Underdog Launches With $4M to Target “Toxic” Form of Cholesterol
November 18th, 2019 Xconomy San Francisco — Underdog Pharmaceuticals has launched with nearly $4 million in seed funding to develop treatments for atherosclerosis, a progressive condition in which arteries become clogged with substances such as fats and cholesterol, which restricts blood flow. Based in Mountain View, CA, Underdog is a spinout of the nonprofit SENS… Continue reading Underdog Launches With $4M to Target “Toxic” Form of Cholesterol
Bugatti plots EV for less than $1 million – Automotive News Europe
Bugatti Automobiles is looking to broaden its appeal by flanking the 2.5 million-euro ($2.7 million) Chiron supercar with a slightly more accessible alternative. The potential second model line would be an electric-powered grand tourer or crossover that could seat up to four people and would cost between 500,000 and 1 million euros. The French boutique… Continue reading Bugatti plots EV for less than $1 million – Automotive News Europe
Accenture, Airbus, GE and Hitachi Join Intel Neuromorphic Research Community
[embedded content] What’s New: Today, Intel announced the first corporate members – Accenture, Airbus, GE and Hitachi – to join the fast-growing Intel Neuromorphic Research Community (INRC). The INRC has tripled in size over the past year and now has more than 75 organizations, spanning leading universities around the world, government labs, neuromorphic startup companies,… Continue reading Accenture, Airbus, GE and Hitachi Join Intel Neuromorphic Research Community
Gett Announces Closure of Juno and Strategic Partnership With Lyft
TEL AVIV, Israel, Nov. 18, 2019 /PRNewswire/ — Gett, the global leader in corporate on-demand transportation, today announces the closure of its New York rideshare business, Juno, effective today. Gett also announces a strategic partnership with Lyft to enable Gett’s corporate clients to access rides in the United States beginning next year. Dave Waiser, Gett… Continue reading Gett Announces Closure of Juno and Strategic Partnership With Lyft
Japan between liberalism and protectionist temptations
Is that right? In some respects the Rising Sun is already changing its approach to the outside world: there are those who speak of “fourth opening to the world” (after those of the late sixteenth, mid-nineteenth and post-war years), which finds its symbols in the transition from the mercantilist line of past decades to the… Continue reading Japan between liberalism and protectionist temptations
VW Groups Vows To Launch 75 EVs By 2029
VW ID.3 production started earlier this month. Volkswagen Group tweaked its short- and long-term plans today, announcing even more focus and investment in vehicle electrification. While the revised short-term plan, through 2024, has the company investing €60 billion in electric mobility, hybrids, and more, the long-term plans call for the company to launch 75 electric… Continue reading VW Groups Vows To Launch 75 EVs By 2029
Renault “must fall back on his feet”: the cry of the heart of the ex-right arm of Carlos Ghosn
Posted on Nov 17, 2019 at 7:00 pm You were close to Carlos Ghosn. How did you experience the scandal? I knew that on the ethical level, Carlos Ghosn was “borderline”, but on small things. I would never have imagined such serious things. A few days after his arrest, Nissan offered to see me the… Continue reading Renault “must fall back on his feet”: the cry of the heart of the ex-right arm of Carlos Ghosn
Ghosn case: twelve months of suffering for Renault and Nissan
Posted on Nov 17, 2019 at 6:00 pm It was a Monday, just a year ago. November 19, 2018, the automotive world is brutally plunged into total amazement. Carlos Ghosn, the icon of the sector, the man who has straightened Nissan and who alone manages three major manufacturers, is arrested by the Japanese police :… Continue reading Ghosn case: twelve months of suffering for Renault and Nissan
Investments: VW is even more money in electric mobility
Volkswagen wants to further increase the budget for hybridization, electromobility and digitization. In the next four years, just under 60 billion and thus a good 40 percent of all investments in this area will flow. November 16, 2019, 3:32 pm, Michael Linden The ID Crozz before the presentation (Image: Werner Pluta (Golem.de)) Volkswagen sees its… Continue reading Investments: VW is even more money in electric mobility