Last week’s ITS America 28th Annual Meeting & Expo saw some of the ITS industry’s biggest players gathering in Washington, DC. ITS International produced three Daily News magazines at the show, covering launches, deals, products and highlights from a packed speaker programme. For all the stories and digital editions of the Daily News, go to: www.itsamericalive.com
June 11, 2019
Read time: 1 min
All digital issues are available on our Daily News website
Last week’s 560 ITS America 28th Annual Meeting & Expo saw some of the ITS industry’s biggest players gathering in Washington, DC. ITS International produced three Daily News magazines at the show, covering launches, deals, products and highlights from a packed speaker programme. For all the stories and digital editions of the Daily News, go to: %$Linker: 2External<?xml version="1.0" encoding="utf-16"?><dictionary />000link-external www.itsamericalive.comfalsehttp://www.dailynews-online.com/itsamerica2019/falsefalse%>
Car-share platform Car2go will launch in Paris in January 2019. The Daimler-owned company will start with 400 electric Smart EQ fortwo cars and says it expects to operate several hundred more in the French capital over the course of next year. “Paris offers ideal conditions for our free-floating car-sharing principle. I’m certain that Paris will become a very successful Car2go location,” says Car2go CEO Olivier Repper. Car2go’s service also has fully-electric fleets in three other European cities:
Visitors attending ITS World Congress Copenhagen in September can receive 25% off registration and accommodation fees until 2 July.
The Congress will feature technology demonstrations and showcases ITS achievements from the Danish capital and region. There is also a conference programme which includes presentations and discussions on the latest developments in ITS.
More information is available on the website.
The USDOT will hold its next two connected vehicle PlugFests on 13-15 May in Farmington Hills, Michigan and on 24-26 June in Palo Alto, California. PlugFests provide venues for vendor-to-vendor connected vehicle device testing to help ensure that devices and systems meet the base standard requirements and level of interoperability necessary for the Southeast Michigan Connected Vehicle Test Bed Deployment 2014 Project.
Private ride-hailing giant Uber, which is aiming to follow rival Lyft in becoming a public company this year, has warned that it may never be profitable.
The candid admission comes in a filing to the US Securities and Exchange Commission (SEC) as Uber prepares for an initial public offering (IPO) which it reportedly hopes will value the company at $100 billion.
This potential IPO figure is some way below the $120bn predicted by analysts just last year.
And Uber warns: “We have incurred significant loss
