Uber is planning to shift from cars to electric bicycles for shorter journeys as part of its long-term strategy, according to the ride-hailing firm’s CEO Dara Khosrowshahi.
Tesla shares plummet after Musk abandons buyout
Trading in Tesla shares in Germany on Monday pointed to a five percent drop when US markets open, Reuters reported.
Digital not analogue: German firm puts car keys onto smartphones
German engineering firm Bosch has launched an app Perfectly Keyless, which enables the smartphone to replace the analogue vehicle key.
Abu Dhabi explores best practices for drone use
The Abu Dhabi City Municipality (ADM), represented by a delegation from the Zayed City Municipal Centre, reviewed the best practices of using drones in monitoring projects.
Dubai sees successful trial of autonomous aerial vehicle
Dubai-based flying taxi firm, Vimana, has reportedly completed a prototype trial of its autonomous aerial vehicle (AAV) in the emirate before its launch.
Alphabet’s Waymo sets up Shanghai subsidiary as part of China push
Alphabet Inc’s self-driving unit Waymo has established a subsidiary in Shanghai, according to a business registration filing, the latest indication …
Dubai-based Careem to trial bus-booking service
Careem Networks, the Middle Eastern ride-hailing provider, is testing a bus-booking service ahead of a possible roll-out out across all …
Elon Musk “in talks” with Saudi Arabia on taking Tesla private
Tesla CEO Elon Musk reportedly said he is in talks with Musk Saudi Arabia’s sovereign wealth fund and other investors for support in taking the company private.
Autonomous vehicles will soon become a reality in Dubai: RTA
The Dubai Roads and Transport Authority, RTA, has endorsed the standards of testing electric, hybrid and self-driving vehicles, which are in line with the highest international standards applied in leading countries in this regard worldwide.
Maersk, IBM take blockchain to the seas
Shipping group Maersk has announced that 94 companies and organisations have so far joined a blockchain platform developed with IBM.
Elon Musk hit by lawsuits over Tesla tweet
Two lawsuits have reportedly been filed against Tesla and Chief Executive Elon Musk by investors.
Saudi Arabia invests $2B in Tesla, Musk mulls taking the firm private
Elon Musk said he’s considering taking Tesla Inc. private in a radical step that, if successful, would ease pressure on the money-losing automaker.
Abu Dhabi plans city-wide implementation of new parking system
The Department of Transport, DoT, in Abu Dhabi has confirmed that it will fully implement Mawaqif parking in all areas on Abu Dhabi Island by 18th August, 2018.
Dubai RTA rolls out smart parking card service
Dubai’s Roads and Transport Authority (RTA) has launched a smart seasonal parking cards service through RTA Dubai App as part of its ongoing efforts to deliver top class services to beneficiaries.