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Uber is planning to raise $1.5 billion - $2 billion in the next round of funding. If the ride-sharing company manages to raise that amount, it will become worth about $50 billion, which could give it the status of the most valuable venture-backed startup.
Uber Aims to Raise $2 Billion; Expected Valuation to Touch $50 Billion
Calender
May 11, 2015 07:57 PM
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Uber is planning to raise $1.5 billion - $2 billion in the next round of funding. If the ride-sharing company manages to raise that amount, it will become worth about $50 billion, which could give it the status of the most valuable venture-backed startup.
Bosch Working on Affordable Safety Features for India
Bosch Working on Affordable Safety Features for India
calender
May 8, 2015 09:41 PM
India's track record has not been good when it comes to road safety. 1.4 million people die every year due to road accidents and the number is increasing as the days pass. Safety of the occupants and pedestrians cannot be taken lightly and even car manufacturers have started to realise that.
Daimler Trucks Drives World's First Autonomous Truck on Public Road
Daimler Trucks Drives World's First Autonomous Truck on Public Road
calender
May 6, 2015 08:38 PM
We'd told you about the autonomous technology that Daimler Trucks was working on and now they've become the world's first manufacturer to be granted a road license for an autonomous heavy-duty truck.
Maps Will Help Save More Fuel, Says Audi
Maps Will Help Save More Fuel, Says Audi
calender
May 6, 2015 06:56 PM
The predictive efficiency assistant recognizes curves, roundabouts and intersections, descents and ascents, as well as municipality border signs and speed limit signs - often before the driver even sees them. Drivers who fully utilize this features can reduce fuel consumption by up to ten percent.
Porsche and BMW Reveal Their Apps For the Apple Watch
Porsche and BMW Reveal Their Apps For the Apple Watch
calender
Apr 27, 2015 10:25 PM
BMW and Porsche have unveiled their new apps for the Apple Watch which will allow their respective users to have all the information they need about the car at their fingertips.
Audi Starts Production of Water-Based E-Diesel
Audi Starts Production of Water-Based E-Diesel
calender
Apr 24, 2015 06:55 PM
The toll that conventional fuels take on the environment has been the subject of several discussions all over the world and rightly so. Taking another step in this direction, Audi has come up with a synthetic fuel that could contribute significantly to climate protection - Audi e-diesel.
Engineering College in Gujarat Builds Autonomous Car in 28 Days
Engineering College in Gujarat Builds Autonomous Car in 28 Days
calender
Apr 21, 2015 11:00 PM
2 professors, Kaushal Jani and Nirav Desai from the Amiraj College of Engineering, Gujarat, along with a bunch of 15 students, embarked on a project to build their own version of a driverless vehicle.
MINI Working on High-Tech Eyewear
MINI Working on High-Tech Eyewear
calender
Apr 13, 2015 05:38 PM
We've seen Google glass change the way people look at eye wear. The technology in this field has gained immense traction with companies like BMW using them for quality control purposes. We know where this technology is heading and that may be one reason why Mini decided to add some style and introduce their Augmented Vision system at the Shanghai Motor Show.
Delphi Automated Vehicle Successfully Completes Trip from San Francisco to NY
Delphi Automated Vehicle Successfully Completes Trip from San Francisco to NY
calender
Apr 7, 2015 10:25 PM
The trip comprised the vehicle traversing about 3,400 miles (5,472Km) from San Francisco to New York with 99 per cent of the drive in completely automated mode.