Urban Mobility
James Dyson tells Forbes that he will spend $1.4 billion over the next five years to build a battery factory and push battery technology forward, theoretically eclipsing Tesla’s existing tech. The commitment is a risky bet for Dyson and his namesake company, which he owns in full. To get a sense of why, consider Dyson’s most notable major investment in
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That’s a long wait – By 2025, 300-mile range will be the entry level for electric cars, but Volkswagen a relative newcomer in electrification field pronounce this as “stretching” the goals for electric vehicles. It has long been a champion of “clean diesel” vehicles. But since the company was found to have falsified emissions data to regulators in the U.S., Europe and
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Symphony helps companies like Gatorade and Hershey’s manage their web business, is raising $11 million to grow its fulfilment business., helping these brands to speed up last-mile deliveries. Symphony Commerce, provides the developer tools to create and run these websites, sees themselves as a “commerce-as-a-service” business. They help beverage companies and fashion brands with everything from web design to inventory management.
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“Uber Plus” upfront payment can be as low as $20 for a package of 20 to 40 trips at reduced flat fare prices. Starting this week, Uber has opened availability for its new beta program currently called “Uber Plus” in six cities: San Francisco, Seattle, San Diego, Miami, Boston, and Washington D.C. The program’s cost varies by city, but the upfront payment can be as
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Yandex announced a partnership on Wednesday with Russian truck manufacturer Kamaz, whose shareholders include the Russian government, Daimler, and the government-backed NAMI automotive research facility. The deal revolves around the development of a driverless minibus shuttle. Yandex will bring to the party its expertise in computer vision, artificial intelligence, and speech recognition. This is Yandex’s first foray into driverless vehicles.
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Chinese tech giant Baidu has begun testing specially modified all-electric Chery EQs in China, according to recent reports. Previously, the company had been relying on specially modified BMW 3-Series vehicles for the testing of its autonomous driving technologies, managed to successfully complete a rigorous 18.6-mile route in December, one that featured: u-turns, lane changes, and merging onto and off of
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Driving in Seattle or from Seattle to areas in the Puget Sound is a drive in congestion — a drive in overwhelming lanes and lanes of cars. Ridership has boomed more than expected on light rail in Seattle, and perhaps this is a reason why. The regional transit authority now has more plans to grow this more efficient option — plans for the third phase of
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Chinese automaker BYD Co Ltdbacked by Warren Buffett’s Berkshire Hathaway Inc, on Sunday predicted an up to 91-percent profit increase in the first nine months of the year, as government policies drive green car sales. The Shenzhen-based company forecast an 83 percent to 91 percent rise in net profit for the first nine months, between 3.6 billion yuan ($539.8 million)
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Italian start-up Energica is proving there is a market for high end electric bikes — if they have the performance to match. According to a press release from the company, it has completely sold out its entire stock and is racing to catch up with demand. The company currently has dealers in Switzerland, Germany, Norway, The Netherlands, England, Spain, and Portugal.
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The number of private electric cars in Hong Kong has been growing rapidly. From just 1,714 in April 2015, the figure has grown to 4,830 within a year – driven by improved recharging infrastructure, better choice and exemption from the first registration tax. Between January and May, over 1,100 Teslas were sold, accounting for more than 95 per cent of
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