Category: transportation
Why micromobility may emerge from the pandemic stronger than before
Since its inception, shared micromobility services have been in a precarious position — one supported by millions of dollars in venture capital. But the COVID-19 pandemic has brought even more turmoil upon an industry that has long struggled with unit economics. It has led to mass layoffs, operation shutdowns across…
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Indian ride-hailing firm Ola cuts 1,400 jobs
Ola said on Wednesday it is cutting 1,400 jobs in India, or 35% of its workforce in the home market, as the ride-hailing firm works to reduce its expense to steer through the coronavirus pandemic that has severely impacted mobility companies in the country. Bhavish Aggarwal, co-founder and chief executive…
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Tier brings integrated helmets to electric scooters
European mobility operator Tier has become the first major electric scooter company to integrate helmets into vehicles. The foldable helmets fit inside a box attached to the scooter below the handlebars. This month, Tier plans to deploy 200 scooters equipped with helmets in Paris and Berlin. Over the summer, Tier…
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Polestar to open first U.S. stores in the second half of 2020
Polestar’s first U.S. retail stores will open in Los Angeles, New York City and two locations in San Francisco later this year — the latest milestone for the automaker as it gets closer to bringing its all-electric vehicle to market. Polestar, which is jointly owned by Volvo Car Group and…
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Jaguar ends I-Pace electric race series due to COVID-19
Jaguar’s electric racing series has come to an end two years after it began. The automaker is shutting down (via The Verge) the I-Pace eTrophy at the end of the 2019-2020 season after having “reviewed [its] strategy” in light of the COVID-19 pandemic… Source
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Porsche service lets 911 buyers obsess over their production progress
Children the world over count down the days until Christmas, when they’ll be able to unwrap and play with their new toys. Adults, meanwhile, anxiously check the shipping status on their rice cookers and bird watching binoculars when their bosses aren… Source
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