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Autonomous taxis will become a $2 trillion market, UBS says

June 14th, 2019 at 8:09 am » Comments Off

  The global autonomous taxi market could be worth over $2 trillion on an annual basis by 2030, according to estimates from UBS analysts cited by Bloomberg. In formulating its estimates, the bank utilized its Evidence Lab to run a simulation of an autonomous taxi fleet in New York City using a “complex algorithm that […]

COBE debuts ‘green oasis’ charging station to power electric vehicles in 15 minutes

June 11th, 2019 at 11:10 am » Comments Off

COBE presents the first of 48 ultra-fast charging stations in scandinavia, marking the inception of a new way of recharging vehicles on the road. the station, situated in the danish city of fredericia, is part of a larger network along the highways of denmark, sweden, and norway. german-based energy giant E.ON and danish e-mobility service […]

Uber is now kicking low-rated passengers out of its cars

June 10th, 2019 at 11:18 am » Comments Off

  Things that can lower your rating: being rude, leaving trash, drinking beer and vomiting. Drivers and passengers now have to agree to Uber’s updated community guidelines before using the app. Uber has long deactivated drivers who get low ratings. Now the ride-hailing company is turning the tables. Uber announced Wednesday that those passengers who […]

Einride’s T-pod L4 driverless trucks hit public roads in Sweden

June 6th, 2019 at 10:02 am » Comments Off

 Einride is entering a new phase it development, as it deploys self-driving trucks in Sweden. The service is part of the startup’s ongoing collaboration with German logistics group DB Schenker. Both businesses have been working together on launching driverless vehicles since 2018. Swedish transport authorities approved Einride’s deployment plans through the issuance of a pubic […]

What’s the piece-of-the-pie for driverless cars in the $2 trillion infrastructure plan?

June 5th, 2019 at 11:17 am » Comments Off

Potholes and roadway decay, it’s messy and dangerous, among other infrastructure crumblings. There are emerging discussions that perhaps Congress and the White House might agree to a rather significant spend on America’s infrastructure. Some say it could be on the order of $2 trillion potentially allocated. Whether or not you favor such an expenditure, most […]

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