Hyundai to Invest $35 Billion on Advanced Mobility

Hyundai Motor Group plans to invest 41 trillion won ($34.6 billion) over the next six years to develop next-generation mobility technologies and services.
#Hyundai #Aptiv #tech

Car/Ride Sharing

Uber Fires 350 Workers in “Last Wave” Reduction

Uber Technologies Inc. has dropped 350 workers, describing the move as the last in a series of dismissals that now totals about 1,200 people.

Intelligent Transportation

Airbus, Local Motors Partner on Printed Cars, Drones

European aerospace Airbus SE and Phoenix-based Local Motors Inc. are launching a joint venture to use 3D printing techniques to make passenger drones and self-driving vehicles.
#tech #europe #LocalMotors


StreetScooter Hires Former Ford, Tesla Execs

Germany’s StreetScooter GmbH has hired two executives from Ford and Tesla to help it expand its electric delivery van business globally.
#Tesla #europe #tech


Bird Raises $275 Million in Funding

Bird Rides Inc., a Los Angeles-based electric-scooter sharing service, has raised $275 million in its latest funding round.


Uber Debuts Helicopter Service in NYC

Uber Technologies Inc. has launched a multimodal platform in New York City that includes a helicopter ride between lower Manhattan and John F. Kennedy International airport.
#tech #Apple

Car/Ride Sharing

Antitrust Panel Questions Hyundai-Ola Deal

India’s antitrust commission has challenged Hyundai Group’s 6-month-old plan to invest $300 million in Ola Cabs, the country’s largest ride-hailing service.
#Hyundai #Mahindra #asia


Renault Launches E-Mobility Consulting Unit

Renault SA has formed a consulting service to help fleet operators convert to electrified vehicles.
#europe #Renault #tech

Autonomous Vehicles

Hyundai Forms Air Mobility Team

Hyundai Motor Co. has formed an Urban Air Mobility division that will be headed by former NASA engineer Jaiwon Shin.
#tech #people #asia


Rivian Plans Subscriptions for Its EVs

Michigan-based Rivian Automotive LLC says it will offer customers a subscription option to buying the electric trucks and SUVs it plans to begin making next year at its factory in Normal, Ill.
#Ford #Rivian #Tesla