Remember this moment. Early 2019 may have showed us the ceiling for the business of selling car rides at the tap of a smartphone.
Browsing: Motoring
Uber Technologies is seeking to raise as much as $9-billion in an initial public offering that could give the ride-hailing giant a market valuation of as much as $84-billion.
Tesla expects to have full self-driving cars in which humans will not have to touch the steering wheel by around the second quarter of next year.
Elon Musk is in a rare public dispute with a critical supplier, Panasonic, the company that makes all of the lithium-ion battery cells that power Tesla’s electric vehicles.
Despite being unable to guarantee a stable and consistent supply of electricity, Eskom says it remains committed to its role in unlocking the potential of the electric vehicle market in South Africa.
A giant aircraft with the world’s longest wingspan has landed after its first ever flight. The twin-fuselage Stratolaunch jet landed two hours after taking off from Mojave Air and Space Port in California.
Good luck to potential investors in Uber Technologies’ coming initial public offering. Multiple advanced degrees might be needed to figure the company out.
Uber Technologies has spent more than US$1-billion on autonomous vehicle technology to compete with giants such as Alphabet, Apple and General Motors.
Investors could get their first look at hundreds of pages of detailed information about Uber Technologies as soon as Thursday, as the ride-hailing giant gears up to publicly file for an initial public offering.
Snapp, also known as the Uber of Iran, said its ride-hailing app is generating two million fares a day as young people in Tehran embrace technology in a market that’s off-limits for western investors.