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Lyft lands $600 Million in Fresh Funding

Ride-services company Lyft has raised $600 million in fresh funding, fuel for the company’s growth as it continues to compete fiercely with larger rival Uber. Lyft said on Tuesday it closed the widely anticipated funding round, which had been in progress for weeks. The $600 million came mostly from large global investment funds rather than […]

A Self Driving Apple Car: A Potential Reality

A letter sent last month to U.S. transportation officials offers some insight into Apple’s plans for the growing self-driving vehicle market. The letter from Steve Kenner, director of product integrity at Apple, addresses the Federal Automated Vehicles Policy crafted by the Department of Transportation and the National Highway Traffic Safety Adminstration (NHTSA). “The company is […]

Geely, Volvo Announce New Car Line

Geely announce a new car brand – a cooperative venture with Geely-owned Volvo, called Lynk & Co. Lynk & Co’s first vehicle will be an SUV called the 01, an innovative vehicle that owners will be able to customize digitally, both by reconfiguring the main touchscreen display in the center of the dashboard and by […]

MEGA-YACHT HAS ITS OWN GARDEN & BEACH

Norwegian company Hareide Design has unveiled a new yacht that makes the common man’s yacht look like a leaky canoe. The ship is named “108M” after its impressive size — 108 meters, or approximately 350 feet. The concept features a garden, floor-to-ceiling windows in the grand hall, and even its own private beach. The yacht’s […]

Virgin Galactic Gets its Spaceship License

Virgin Galactic is one step closer to making us all space tourists: it just received its operator license from the US Federal Aviation Administration’s Office of Commercial Space Transportation. This allows Virgin Galactic to use its ship for commercial operations. THE FAA looked into the vehicle’s system design, safety features and flight trajectory analysis. Virgin […]

Introducing: The Lamborghini Centenario

Sold out upon its introduction at the Geneva Motor Show, the Lamborghini Centenario is basically an exclusive club for 40 people with $1.9 million each. That money buys them an all-carbon fiber supercar with 760 hp, the ability to rocket to 60 mph in 2.8 seconds and the ultimate bragging rights at any valet stand. […]

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