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Uber’s bikesharing service is eating into its regular business

A bikesharing service acquired by Uber nearly a year ago is causing riders to take fewer car journeys with the company. It is, however, part of the plan as Uber looks to offer an integrated mobility platform for cities. The post Uber’s bikesharing service is eating into its regular business appeared first on Digital Trends.
Tags: Outdoors, Uber, Business, News, Cars, Trends, Jump, Ridesharing, Bikesharing


Self-driving startup Aurora attracts major Amazon investment

Amazon is showing a growing interest in autonomous technology having recently taken part in a $530 million funding round for Silicon Valley-based self-driving startup Aurora Innovation. The post Self-driving startup Aurora attracts major Amazon investment appeared first on Digital Trends.
Tags: Amazon, Business, News, Cars, Trends, Silicon Valley, Self-driving Cars, Aurora, Aurora Innovation


Tesla buys a company that could help make the next breakthrough in batteries

Tesla purchased a company named Maxwell Technologies that specializes in battery tech and capacitor technology. Capacitors store and release energy much faster than a conventional battery pack. The post Tesla buys a company that could help make the next breakthrough in batteries appeared first on Digital Trends.
Tags: Business, News, Cars, Trends, Tesla, Maxwell Technologies


Tesla: Model Y to share 75 percent of its parts with Model 3, coming in 2020

Tesla boss Elon Musk confirmed on Wednesday that the Model Y crossover is expected to arrive next year, with the vehicle sharing around 75 percent of its parts with the Model 3. A tentative unveil date is set for March, 2019. The post appeared first on Digital Trends.
Tags: Business, Elon Musk, Cars, Trends, Tesla, Model Y


Prices for using Tesla Supercharging has just skyrocketed

Tesla is updating their Supercharging pricing based on local electricity rates and customer demand, which has lead to an increase in charging costs by as much as 33 percent in some regions. The post Prices for using Tesla Supercharging has just skyrocketed appeared first on Digital Trends.
Tags: Business, Elon Musk, News, Cars, Trends, Tesla, Supercharging, Electricity Costs, Supercharging Stations


Prices for using Tesla Supercharging just skyrocketed

Tesla is updating their Supercharging pricing based on local electricity rates and customer demand, which has lead to an increase in charging costs by as much as 33 percent in some regions. The post Prices for using Tesla Supercharging just skyrocketed appeared first on Digital Trends.
Tags: Business, Elon Musk, News, Cars, Trends, Tesla, Supercharging, Electricity Costs, Supercharging Stations


Tesla cuts workforce by 7 percent, ends referral program to trim costs

Tesla has announced plans to trim its workforce by seven percent, and it will end the referral program that rewards customers who help it sell cars. These measures are ways to cut costs and boost profits. The post Tesla cuts workforce by 7 percent, ends referral program to trim costs appeared first on Digital Trends.
Tags: Business, News, Cars, Trends, Tesla


Some of Volkswagen’s electric models will wear a ‘Made in the USA’ label

Confirming earlier rumors, Volkswagen has announced it will build electric cars in its Chattanooga, Tennessee, factory. The facility currently produces the Passat and the Atlas. Production will start in 2023, Digital Trends can reveal. The post Some of Volkswagen’s electric models will wear a ‘Made in the USA’ label appeared first on Digital Trends.
Tags: Business, Usa, News, Cars, Trends, Volkswagen, Electric Cars, CHATTANOOGA Tennessee


Ford’s app-based ‘Chariot’ shuttle service is offering its final rides

Chariot, the app-based crowdsourced ride service owned by Ford, is shutting down in the coming weeks. Launched in 2014, the bus-like service has apparently been unable to deal with competition from the likes of Uber and Lyft. The post Ford’s app-based ‘Chariot’ shuttle service is offering its final rides appeared first on Digital Trends.
Tags: Business, News, Cars, Trends, Ford, Chariot, Shuttle Service


Tesla breaks ground on$5 billion factory in Shanghai

After four years of planning, Tesla Inc. finally broke ground on its planned $5 billion factory in the world’s biggest auto market. But the timing couldn’t be more inauspicious. Chief Executive Officer Elon Musk and some Shanghai officials, including Mayor Ying Yong, on Monday attended a function at a site near the city kicking off construction of what would be the electric-vehicle maker’s first car-manufacturing facility outside the U.S. While the ceremony` marked a new journey for Tesla, it co...
Tags: Apple, Business, Elon Musk, China, Cars, Tesla, Sport, Soccer, Shanghai, Musk, U S Securities and Exchange Commission, Bloomberg Intelligence, Greater China, Tesla Inc, Ying Yong


Tesla cuts prices by $2,000 to offset reduced tax credit

Tesla cut the price of the Model S, Model 3, and Model X by $2,000 to compensate for the halving of its federal tax credit from $7,500 to $3,750. The tax credit is being phased out because Tesla has reached 200,000 electric car sales. The post Tesla cuts prices by $2,000 to offset reduced tax credit appeared first on Digital Trends.
Tags: Business, News, Cars, Trends, Tesla, Electric Cars, Tesla Model S, Tesla Model 3, Tesla Model X


These are the 10 most important tech news stories of 2018

From Facebook scandals to unprecedented space travel, 2018 has been a year of important, turbulent, exciting, worrying, and delightful tech news. We count the 10 tech stories that will be influencing the future. The post These are the 10 most important tech news stories of 2018 appeared first on Digital Trends.
Tags: Apple, Mobile, Gaming, Facebook, Business, Cars, Trends, Social Media, Tesla, Web, Nasa, Features, Computing, Emerging Tech, Movies & TV


Grab raises fundraising target to $5B as Southeast Asia’s ride-hailing war heats up

Southeast Asian ride-hailing firm Grab is aiming to start the new year with a bang and an awful load of bucks. The company, which acquired Uber’s local business earlier this year, is planning to raise as much as $5 billion from its ongoing Series H round, up from an original target of $3 billion, a source with knowledge of the plan told TechCrunch. Grab declined to comment for this story. That Series H round has been open since June. Already, it has seen participation from the likes of Toyota...
Tags: Google, Fundings & Exits, Startups, Uber, Asia, Business, Microsoft, Indonesia, China, Southeast Asia, Singapore, Softbank, Funding, Thailand, Automotive, Philippines


Bunce wins its very first Council Tender in Nottingham, United Kingdom, for electric road sweepers

Nottingham/Swindon – December 18, 2018 – Bunce, the exclusive supplier of Boschung products in the United Kingdom, wins its very first Council tender in the United Kingdom for electric road sweepers. Bunce championed the Boschung full electric ‘Urban-Sweeper S2.0’ against all other major Read more… The post Bunce wins its very first Council Tender in Nottingham, United Kingdom, for electric road sweepers appeared first on TechRecur: Latest Telecom Media & Technology News, Trends, Analysis, Pres...
Tags: Business, Seo, Environmental, Automotive, United Kingdom, Transport, Logistics, Bunce, News Trends, Boschung, Nottingham United Kingdom, Nottingham Swindon


India’s Drivezy raises $20M for its on-demand vehicle rental service

It’s been a year for on-demand services in India. Drivezy today became the latest to refuel after it raised a $20 million Series B. The round was led by existing investor Das Capital, with participation from automotive giant Yamaha, Axan Partners and IT-Farm. The deal takes Drivezy, which was formerly known as JustRide, to $31 million raised to date. In addition, the startup has also inked a $100 million asset financing deal backed by Japan’s AnyPay which will see new cars and motorbikes adde...
Tags: Google, Fundings & Exits, Y Combinator, Asia, Business, Japan, Southeast Asia, India, Funding, Tech, Automotive, Ford, Hyundai, On-demand Services, Zoomcar, Motorcycle


Ford CEO frankly admits that the car of the future is a surveillance device that you pay to spy on you

The era of finance capitalism is marked by a curious shift in the desire of the business world: to get out of the business of making things people use, and into the business of getting money for owning, extracting and/or liquidating things. The thing is, this isn't a good strategy. Not only did the drive to build up financial institutions themselves precipitate the financial crisis (tanking Lehman Brothers in the process, and bringing the rest to the brink of extinction, forced to beg for g...
Tags: Post, Business, News, Debt, Automotive, Ford, Gm, Lehman Brothers, Jim Hackett, Hackett, Graber, Ford Credit, Surveillance Capitalism, Freakonomics Radio, Zuboff, Euthanize Rentiers


Nissan chairman Carlos Ghosn ousted, arrested after whistleblower cries foul

Nissan will oust chairman Carlos Ghosn after an internal investigation revealed he underreported his salary to Japan's financial authorities for years. Greg Kelly, one of Nissan's representative directors, will leave for the same reason. The post Nissan chairman Carlos Ghosn ousted, arrested after whistleblower cries foul appeared first on Digital Trends.
Tags: Business, Japan, News, Cars, Trends, Nissan, Carlos Ghosn, Greg Kelly


Smarter cities need smarter addresses. And you just need 3 words

To make really smart transportation choices, more precise location data will have to be integrated with citywide transportation data. Here’s how one company is mapping the world by using just three words. The post Smarter cities need smarter addresses. And you just need 3 words appeared first on Digital Trends.
Tags: Business, Cars, Trends, Smart Cities, Location Services, Emerging Tech, What3words, Dt Smart Cities, Geocoding


Bosch, Daimler team up to deploy autonomous Mercedes-Benz S-Classes in San Jose

In 1986, when Bosch and Daimler joined an autonomous car research project, the technology seemed overly futuristic. Now, the partners are aiming to make a production self-driving car by the early 2020s. The post Bosch, Daimler team up to deploy autonomous Mercedes-Benz S-Classes in San Jose appeared first on Digital Trends.
Tags: Business, News, Cars, Trends, Nvidia, San Jose, Daimler, Bosch, Autonomous Driving, Mercedes Benz, Bosch Daimler


Lime splashes $3 million on a campaign to encourage safer electric scooter rides

Keen to boost its image and keep local communities onside, scootersharing outfit Lime is spending $3 million on a campaign to teach its users how to ride more safely and responsibly. The post Lime splashes $3 million on a campaign to encourage safer electric scooter rides appeared first on Digital Trends.
Tags: Outdoors, Business, News, Cars, Trends, Lime, Scootershare, Escooters


Lime splashes $3M on a campaign to encourage safer electric-scooter rides

Keen to boost its image and keep local communities onside, scootersharing outfit Lime is spending $3 million on a campaign to teach its users how to ride more safely and responsibly. The post Lime splashes $3M on a campaign to encourage safer electric-scooter rides appeared first on Digital Trends.
Tags: Outdoors, Business, News, Cars, Trends, Lime, Scootershare, Escooters


GM is getting into ebikes and it wants you to help name them

General Motors has just unveiled its first-ever electric bikes and has launched a $10,000 public contest to help name them. Tip: It's probably not worth suggesting "Bikey McBikeface." The post GM is getting into ebikes and it wants you to help name them appeared first on Digital Trends.
Tags: Outdoors, Business, Cars, Trends, General Motors, Gm, Electric Bikes, Ebike, Emerging Tech


Toyota Recalls Over 1 Million Vehicles Worldwide to Fix Airbag Problem

Toyota said Thursday an electrical short can damage circuits
Tags: Business, Technology, News, Uncategorized, Cars, World, Toyota, Onetime


Lime gearing up to add cars to its fleet of bikes and scooters

It's already operating bike and scootersharing schemes in multiple cities around the world, and now Lime is gearing up to add electric cars to its range of transportation options. The post Lime gearing up to add cars to its fleet of bikes and scooters appeared first on Digital Trends.
Tags: Business, News, Cars, Trends, Seattle, Car Rental, Lime, Car-sharing


Another recall! 1.5M Ford Focus cars may have stalling problems

Ford's latest vehicle recall covers 1.5 million Ford Focus cars, most of them on the road in the U.S. The issue concerns a problem with the fuel tank that could lead to an engine stall. The post Another recall! 1.5M Ford Focus cars may have stalling problems appeared first on Digital Trends.
Tags: Business, News, Cars, Trends, Recall, Ford, Ford Focus


Elon Musk hails ‘incredibly historic quarter’ as Tesla reveals profits

Tesla co-founder and CEO Elon Musk kept his promise of steering the company into profitability during the second half of 2018. Tesla posted a net income of $311 million for the third quarter. The post Elon Musk hails ‘incredibly historic quarter’ as Tesla reveals profits appeared first on Digital Trends.
Tags: Business, Elon Musk, News, Cars, Trends, Tesla


Elon Musk hails ‘incredibly historic quarter’ as Tesla announces profits

Tesla co-founder and CEO Elon Musk kept his promise of steering the company into profitability during the second half of 2018. Tesla posted a net income of $311 million for the third quarter. The post Elon Musk hails ‘incredibly historic quarter’ as Tesla announces profits appeared first on Digital Trends.
Tags: Business, Elon Musk, News, Cars, Trends, Tesla


Automotive companies expect major short-term revenue gains from partner ecosystems, but many want to go it alone – BearingPoint survey

Digital strategy and partner ecosystem research reveals major opportunities and major inconsistencies within the automotive sector Amsterdam, October 25, 2018 – BearingPoint today unveils the findings from a comprehensive study into digital strategies and partner ecosystems within the global automotive sector. The report Partnership Read more… The post Automotive companies expect major short-term revenue gains from partner ecosystems, but many want to go it alone – BearingPoint survey appeared ...
Tags: Business, Seo, It, Automotive, Amsterdam, Transport, Logistics, News Trends, BearingPoint


Tesla had 'historic' 3rd quarter, says earnings report

Tesla issued its Q3 earnings report earlier than expected this year.The report shows Tesla earned $6.82 billion in revenue vs. an expected $6.33 billion.Tesla's Q3 success is largely due to booming sales of the Model 3, the company's cheapest and newest car.Tesla significantly outperformed Wall Street's expectations in the third quarter of 2018, according to an earnings report released by the company on Wednesday. Indeed, the report stated that it had been a "truly historic" quarter for Tesla, t...
Tags: Business, Elon Musk, Cars, Economics, Tesla, Innovation, Securities And Exchange Commission, Musk, GAAP, Citron, Joe Rogan, Left, Citron Research, Andrew Left


Ford’s self-driving cars hit the streets of the nation’s capital

Ford is deploying self-driving cars in Washington, D.C. to demonstrate their capabilities to lawmakers and ordinary citizens alike. The automaker plans to launch a production autonomous car in 2021. The post Ford’s self-driving cars hit the streets of the nation’s capital appeared first on Digital Trends.
Tags: Business, News, Washington, Cars, Trends, Ford, Self-driving Cars



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