Tag: transportation
Starship Technologies is bringing food delivery robots to four more US college campuses this year
Starship Technologies, an autonomous delivery services company, announced that it will begin delivery service on four additional college campuses this fall, adding to the 20 campuses on which it already operates. The University of Illinois Chicago (UIC), the University of Kentucky (UK), the University of Nevada, Reno (UNR) and Embry-Riddle…
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Car-sharing startup Turo has filed confidentially for an IPO
Turo, the peer-to-peer car-sharing startup, has initiated the confidential process of filing for an initial public offering with the U.S. Securities Exchange Commission. The number of shares to be offered in the IPO and the price range have not yet been determined, the company said in a statement. Turo declined…
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Cities can have flying cars if they start working on infrastructure today
Nimrod Golan-Yanay Contributor Nimrod Golan-Yanay is the CEO of Urban Aeronautics, the Israel-based aerospace company behind the world’s first wingless, eco-friendly and compact aircraft fleet designed specifically for dense urban environments. Nearly everyone knows the pain of sitting in traffic watching valuable minutes tick by. Just as bad is the…
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Fisker-Foxconn EV partnership ‘moving faster than expected,’ CEO Henrik Fisker says
U.S. electric automaker Fisker expects operating expenses to reach between $490 million and $530 million this year, a slight increase in its business outlook for the year that is driven by R&D spending on prototypes for its Ocean SUV, testing and validation of advanced technology, hiring and its “accelerating” partnership…
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How Uber plans to rebound from massive Q2 losses stemming from driver incentives
Uber’s second quarter earnings revealed greater than expected losses, in large part due to the company’s massive $250 million stimulus package launched in April to incentivize drivers back onto the app after a pandemic-induced shortage. The company reported a loss of $509 million before EBITDA. For comparison, Lyft reported a…
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Walter Isaacson is working on a biography of Elon Musk
Walter Isaacson, the biographer who chronicled the lives of Steve Jobs, Benjamin Franklin and Leonardo Da Vinci, is turning his attention to the life and career of Elon Musk. The Tesla CEO announced the project in a tweet Wednesday. If you’re curious about Tesla, SpaceX & my general goings on,…
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