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...These included autonomous vehicles and bicycles in which “the unit economics didn’t make sense,” said Chai, who added: “When I joined the company, it was the Uber of everything.”...
...Even where it has a monopoly or duopoly position in ride-hailing, it is not clear that its service has clear cost/speed/comfort/convenience advantages over alternatives such as bicycles, buses, subways and...
...“A race is on worldwide to succeed in the solid-state battery space,” says Peter Bruce, co-founder and chief scientist of the Faraday Institution, a British battery research institute....
...Steven K Roberts — a pioneer who rode across the US on a computerised bicycle more than 30 years ago — wrote back in 1994 about creating a “Virtual Technomadic Flotilla . . . of travellers all over the world...
...Two free-to-use exercise bicycles with small tabletops let you burn a few calories while firing off some emails....
...At the end of 2021 — just before the listed bicycle and component makers began to lose their buoyancy — the EU voted to allow member states to cut VAT on sales, rentals and repairs of bicycles from 15 per...
...The result is that Peloton has reduced its workforce from 9,000 to 4,000 and outsourced bicycle production and fulfilment. To get ahead, it now sells used bikes and relies on third-party retailers....
...UK van maker Arrival and US group Faraday Future have both issued “going concern” warnings that they do not have enough cash to last another year, after deteriorating market conditions made additional fundraising...
...A version of this article was first published by Nikkei Asia on June 7, 2023. ©2023 Nikkei Inc. All rights reserved....
...“For instance, if you look through collections of bicycles in shops [on Instagram], you might see more content about bicycles on other Facebook products.”...
...Jane Ewing, senior vice-president for sustainability, sits in a room decorated with the iconography of corporate sustainability — a wind turbine, a bicycle, a lightbulb and a bee....
...The service is provided by Latin America’s answer to Amazon: MercadoLibre — a company that, in two decades, has expanded from a second-hand marketplace in Argentina, where customers bartered for old bicycles...
...Peloton, the home fitness group that charges $2,495 for its flagship exercise bicycle and another $39 a month for full access to online classes, was this week attacked for its “listless strategy” by an activist...
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...The supply chain squeeze has also hit other leading bicycle makers such as Taiwan’s Giant and Merida....
...Britain is the land of Newton, Darwin, Fleming, Faraday, Franklin, Gilbert and Berners Lee. The home of three of the world’s top 10 universities....
...“I know you’re hearing a lot about something called supply chains and how hard it is to get a range of things from a toaster, to sneakers, to a bicycle, to bedroom furniture,” Biden said after the event....
...Foley, a clean-cut fiftysomething who looks like he could have been born in a Patagonia gilet, retold the tale of what inspired him a decade ago to bring static bicycles and high-energy spin classes into...
...Business Halfords, the motoring and bike retailer, has warned in a trading update that supply chain bottlenecks have created a shortage of bicycles....
...So it can be anything from your old iPhone battery to a scooter to an electric bicycle to a power drill or a toothbrush. So they're starting small. About half of the waste is consumer products....
...The business was started by Giuseppe Saputo in 1954, four years after he emigrated to Canada from Sicily with $500 and a bicycle for deliveries....
...The $165m outlay hobbles Peloton’s efforts to move beyond connected stationary bicycles just as competition ramps up significantly....
...But while the professional sport has spent the past four months in Lycra-less limbo, the global pandemic has been transformational for bicycles....
...A version of this article was first published by the Nikkei Asian Review on July 6 2020. @2020 Nikkei Inc....
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