MobiCascais App Allows Residents to Plan and Book Travel, Charge Electric Vehicles, Purchase Tickets for Attractions and Much More to Improve and Enhance.
Reliance Industries ups stake in skyTran Inc to 54.46% for $26.76 million
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Synopsis
The acquisition of a majority stake in the technology company that develops pod car transport systems is a part of the company’s strategy to use Reliance Industries as a platform to develop new technologies.
Reuters
Reliance Industries, through a subsidiary Reliance Strategic Business Ventures, has increased its stake in skyTran Inc to 54.46% from 26.3% earlier with an additional investment of $26.76 million, the conglomerate said late Sunday.
The acquisition of a majority stake in the technology company that develops pod car transport systems is a part of the company’s strategy to use Reliance Industries as a platform to develop new technologies.
Op-Ed: The Tesla Robo-Taxi Paradox ++ Will robo-taxis very low cost per mile of range discourage people from owning vehicles?
In a recent YouTube episode, which we ve embedded at the bottom of the page, John, the host of
Dr. Know-it-all Knows it all, talked about the idea of robo-taxi services taking over the bulk of the driving.
The thought is that the robo-taxi services’ very low cost per mile of range will discourage a large number of people from owning vehicles. Personal vehicle ownership will fall off dramatically. Vehicle ownership will go the way of DVD ownership vs online streaming.
This is a subject I’ve been thinking about for a while. I took the opportunity to email John my thoughts about it.