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Industry

Uber buys Delivery Hero, Tesla\'s first bicycle has unexpected identity

Uber will acquire German delivery platform Delivery Hero for about $14.8 billion, bringing Woowa Brothers, operator of Baedal Minjok, under Uber. Kakao Mobility and the Korea Expressway Corp will launch a service linking real-time highway accident information to private navigation apps and said Kakao Mobility has received ISO 45001 certification. Tesla unveiled a balance bike for children aged 2 to 5 and is offering financing incentives and resale value guarantees.

Mobility

Volkswagen unveils branded smart e-bike with rear camera

Volkswagen has unveiled a branded electric bicycle developed with premium bike maker n+ that applies car-style safety technology. The e-bike features a high-resolution rear camera linked to a handlebar display, radar-based blind-spot warnings and lighting that signals braking and turns. Volkswagen also introduced a Bluetooth-connected smart helmet and smart glasses that display navigation, warnings and ride data. The company presented the launch as part of a push into personal mobility.

Mobility

U.S. Senate panel moves to bar Chinese EV sales; Tesla shifts from EVs to robots

The U.S. Senate Commerce Committee plans a vote on a bipartisan bill that would effectively ban Chinese automakers from selling passenger EVs in the United States and further restrict entry into the small-car market. Tesla is removing the Model S and Model X assembly line at its Fremont plant and converting the space for humanoid robot Optimus production. Tesla will shift its supervised FSD option in South Korea from a lump-sum payment to a monthly subscription from Aug. 10.