Transportation
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SoftBank to Invest $2.25 Billion in GM’s Self-Driving Unit — Cruise
Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co (GM), on Friday revealed that a U.S. national security panel approved a $2.25 billion investment in the firm by Japan’s SoftBank Corp. SoftBank has come under increasing U.S. scrutiny over its ties to Chinese firms in the face of an escalating trade and technology…
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BMW’s Next CEO Major Task is Reviving The Electric Car Initiative Amid Competition From EVs Like Tesla
In an update on Friday, BMW CEO Harald Krueger will be leaving his post as the German automaker’s CEO. The company announced that Krueger would not be seeking another term in his contract as CEO after it expires next year. A press release from BMW noted that the Supervisory Board will be discussing Krueger’s replacement during a meeting…
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Tesla YouTuber Bjørn Nyland Breaks 24-hour Electric Car Distance Record — 2,781km (1,728 miles) With Tesla Model 3
A Tesla Model 3 has travelled 2,781 km (1,728 miles) in 24 hours, breaking the 24 hour EV distance record. The new record was set by Bjørn Nyland and his co-pilots, on an autobahn in northern Germany. A common refrain about electric cars is that they’re fine for city driving but can’t do road trips.…
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Vaya to Introduce Electric Vehicles Move to solve Fuel Problem
Econet founder and Zimbabwean billionaire Mr Strive Masiyiwa says plans are under way for their Vaya logistics division to introduce electric vehicles so as to help ease the fuel problems facing the country. Vaya is a new innovative product under Econet subsidiary, Cassava Smartech Zimbabwe, which links customers in need of logistics services such as…
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Uber Drivers Protest Low Pay Ahead of Multibillion-dollar IPO
Uber drivers around the world took the streets on Wednesday to protest their wages. From Sydney to London to New York to San Francisco, drivers say they’re working increasingly long hours for increasingly less pay and it’s becoming impossible to earn a living. Along with protests, drivers in several cities are shutting down their apps…
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Uber’s New Features Enables Free Calls Between Riders and Drivers
Uber recently announced a new way for riders and drivers to communicate through the company’s app using voice over internet protocol, or VoIP. Much like Skype or FaceTime audio, Uber’s new VoIP feature uses an internet connection rather than cellular phone service to make calls. The ride-hailing company has been trialing the VoIP feature since…
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BMW’s Premium Online Ride-hailing Service Launched in China
BMW has joined a handful of automakers to compete with transportation upstart Didi Chuxing, which bought Uber’s Chinese business in 2016. BMW has become one of the first foreign companies to be granted a ride-hailing operating license in China. Last Friday, the German luxury carmaker launched a premium ride-hailing service in Chengdu, the capital of China’s Sichuan…