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The company has spent up to $750,000 in liability insurance from Liberty Mutual and secured through Turo Insurance Agency. World-leading peer-to-peer car-sharing marketplace Turo has filed for a confidential initial public offering (IPO) with the United States Securities and Exchange Commission (SEC). The company filed to go public on Monday, according
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Volkswagen posted first half earnings of $13.5 billion and now expects operating return on sales to go as high as 7.5%.German automaker Volkswagen AG (XETRA: VOW) on Thursday, July 29, posted record first half sales of 11.4 billion euros ($13.5 billion) after experiencing a surge in demand for its products.
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The Mobility Open Blockchain Initiative, or MOBI, a non-profit consortium of the world’s top vehicle manufacturers including Ford and BMW, has launched an initiative to combat fraud in the secondhand markets with blockchain-powered “birth certificates.”The initiative will leverage blockchain to track the registration and maintenance history of vehicles using MOBI’s
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The trader exchanged 15 bitcoin for HK$3 million before being robbed of both. Source
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Apple (APPL) saw a 1.2% gain on December 21, just an hour after the company announced their car plans. Its share further went up by 2.75% on that day and rose to 4.8% on December 22, trading at a $131.88 close.Apple Inc (NASDAQ: AAPL) stock is the latest flaming commodity
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An Iranian free trade zone is proposing locally mined cryptocurrency might be a way to fund car imports. Source
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Crypto and blockchain experts now have something new to save up for — a line of techie-style Rolls Royce cars, each complete with a cryptographic puzzle. As crypto prices pop off, participants may begin asking "When Rolls?" instead of the popular 2017 phrase, "When Lambo?"Leaving a fair bit of detail
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A bitcoin-themed car has won an e-NASCAR race, beating professional Cup Series racers, including Dale Earnhardt Jr. and Kyle Busch. While sporting events have been postponed due to the coronavirus pandemic, many NASCAR drivers have moved to race virtually.Bitcoin Car Wins Virtual NASCAR RaceWith major sporting events postponed due to
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Sony announced a car – a real, physical vehicle with wheels and seats – at CES 2020 and everyone is losing their minds. Obviously, this car, called the Vision-S, is a prototype and you probably won't be going down to Best Buy to pick up some USB-C cables and a
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Blockchain game F1 Delta Time — licensed by the world-renowned racing series Formula 1 — is holding an auction of F1 car-branded non-fungible tokens (NFTs) later this week.According to an announcement on Nov. 22, the auction will be held on Nov. 28, with fans already able to participate in
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