Ford's CEO Advocates for Affordable Small EVs Over Large Trucks, Plans Sub-$40,000 Models | July 26th, 2024
Micromobility is growing, but may face challenges without funding. Miami's e-scooter experience is positive but weather-dependent. Cities like Copenhagen excel in integrating these eco-friendly option
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Micromobility
Riding an e-scooter in Miami offers a unique experience. The city's infrastructure is scooter-friendly with many dedicated bike lanes, though some areas lack this support. The diverse scooter community and accommodating drivers add to the positive experience. However, Miami's hot, humid weather and sudden rain showers can be challenging. Despite these, using e-scooters like the VMAX models is a fun, convenient way to explore the city, discovering hidden gems along the way | ZAGDaily
The U.S. is seeing a historic rise in shared bike and scooter trips, up 20% from last year. However, without public funding, this boom might bust, warns the National Association of City Transportation Officials. Many micromobility programs are at risk of shutting down, and fare increases could deter riders. To ensure long-term success, cities must subsidize these systems, making them affordable and sustainable for all users | StreetsBlog USA
Ford's CEO Jim Farley emphasizes that the future of EVs lies in small, affordable models, not large trucks. He explains that bigger EVs require larger batteries, which reduce profit margins, while smaller batteries lower costs and increase margins. Farley reveals plans for sub-$40,000 EVs to fill a market gap and suggests a strategic shift towards commercial and work vehicles for larger EVs, aiming for smarter segment choices and partnerships | InsideEVs
Micromobility refers to small, eco-friendly transportation options like bikes and e-scooters that can transform urban travel. Cities like Copenhagen lead the way, integrating these vehicles into daily life with extensive bike lanes and supportive policies. These choices reduce car dependence, lower carbon emissions, and improve public health. Embracing micromobility addresses the need for more sustainable transportation, showing how cities can innovate for a healthier and more efficient future | Planetizen
Product Launches & Updates
The Tenways CGO600 Pro is a sleek, single-speed e-bike designed for commuters. It features a 350W motor, a top speed of 20 mph, and a 53-mile range. Weighing just 37 lbs, it has a Gates carbon belt drive, hydraulic disc brakes, and a removable battery. With a compact LED display and Tenways app integration, it balances performance and convenience. Priced at $1,499, it offers an elegant ride with minimal maintenance | Electrek
Cadillac’s new Sollei concept is a luxurious, convertible EV that stretches longer than some SUVs. It features massive infotainment screens, a built-in fridge in the back seat, and eco-friendly materials like biodegradable mushroom-based mycelium. Inspired by the 1960s Celestiq, the Sollei boasts sun-themed designs and high-end accessories. While it’s a bold reimagining of Cadillac's luxury vehicles, the Sollei remains a concept with no plans for production | The Verge
Cowboy is offering a free update, AdaptivePower 2.0, for its e-bikes. This upgrade improves climbing ability, allowing riders to tackle 50% steeper hills, and boosts efficiency, saving 10% battery on flat terrain. The update uses an advanced algorithm and torque sensor to adjust power delivery smoothly. It will be available soon for existing models and included with all new Cowboy e-bikes, enhancing performance and ride quality | The Verge
Ridehailing, Carsharing, & Delivery
In a recent podcast, Scott Shepherd interviews Rick Adamski, president of Ash and Lime in Dallas. Rick talks about engaging communities and using tactical urbanism for urban planning. He highlights transforming spaces like a block into a temporary plaza to explore future possibilities. Emphasizing equity and diverse uses in public spaces, Rick also mentions his LinkedIn presence and an upcoming project to revitalize vacant storefronts. The discussion underscores the value of community-focused, adaptable urban planning | The #CitiesFirst Podcast
Waymo is testing Zeekr robotaxis in San Francisco, marking a new phase in its autonomous vehicle journey. The vehicles, equipped with sixth-generation hardware, aim to be more cost-effective and adaptable to various climates. Despite this, Waymo's fleet remains small, and regulatory concerns about Chinese connections could impact future testing and deployment. The development underscores the importance of rigorous testing and regulatory compliance in advancing autonomous vehicle technology | TechCrunch
Uber, Lyft, and DoorDash succeeded in keeping their workers as independent contractors after California’s Supreme Court upheld Proposition 22. This decision allows these companies to avoid the costs of classifying workers as employees, while still providing some benefits like minimum wage and health stipends. Despite this, critics argue it undermines labor rights. The ruling underscores ongoing debates about worker classification and protections in the gig economy | The Verge
Investment & Deals
India’s Jio and Taiwan’s MediaTek announced a partnership in New Delhi to supply electric scooters with MediaTek chips and Jio’s Android-based AvniOS, targeting India’s 100% EV sales goal by 2030 | TechCrunch
Alphabet just doubled down on its self-driving car play, pumping another $5B into Waymo. This brings total external funding to $7.25B, with backers like Andreessen Horowitz and Canada Pension Plan Investment Board | CNBC
Tesla announced its second-quarter financial results, reporting $1.48 billion in net income on $25.5 billion in revenue. While revenue edged up 2% from the same period last year, net income plummeted by 45% | The Verge
Applied Intuition, founded in 2017, closed a $300 million secondary sale four months after a $250 million Series E, attracting Fidelity and existing investors like Lux Capital and Andreessen Horowitz. The startup provides autonomous vehicle software used by 18 of the top 20 automakers, including GM, Toyota, and Volkswagen, and AV startups like Gatik. Amid a $12.3 billion generative AI investment boom in 2024, secondary sales surged due to a sluggish IPO market, reaching an estimated $138 billion in 2023 | TechCrunch
Cities & Policy
Governor Kathy Hochul canceled New York’s $15 congestion pricing plan, citing Covid recovery and low-income commuter concerns. The MTA's $15 billion funding, earmarked for essential maintenance and upgrades, is now uncertain. The MTA board prioritized maintenance over expansions like the Second Avenue subway. Hochul insists projects will proceed despite lacking funds, facing pressure from Congressman Adriano Espaillat | Bloomberg
The California e-bike incentive program, delayed by the California Air Resources Board (CARB) for years, remains elusive despite a soft launch. Administered by Pedal Ahead, now under investigation for improprieties, the program faces scrutiny over its public outreach capability. Since 2021, $30 million was allocated, with 80 applications received and fifty community organizations slated for microgrants. Allegations involve founder Ed Clancy’s ties to former CARB member Nathan Fletcher, and Pedal Ahead's mishandling of public and private funds | StreetsBlog California
Paris is gearing up for the Olympics with a surge in Lime bike trips, up 88%, thanks to new “olympistes” bike lanes. The city completed 37 miles of protected paths and added 10,000 bike racks. Lime expanded its fleet by 50% and launched a safety campaign. These measures aim to manage 10 million visitors and reduce Metro congestion | StreetsBlog USA
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