UK taxi turnover falls for the first time in five years as Uber drives up its network expansion July 24, 2017 The rise of Uber has driven taxi firms’ turnover off course, according to research out today from accountancy firm Moore Stephens. An analysis of the UK’s top 100 largest taxi and minicab firms noted that turnover had dipped three per cent from £495m in 2014/15 to £479m in 2015/16. There had been consistent growth in [...]
Rapid vehicle-charging business Engenie aims to fire up its engines with £1m investment opportunity through SyndicateRoom July 20, 2017 The electric car market appears to be slowly revving up, as vehicle-charging business Engenie has announced it is raising £1m to expand across the UK. The four-year-old business is aiming to capitalise on recent moves from the likes of Volvo, which said all new models would be electric by 2019, and Emmanuel Macron’s government in [...]
Former astronaut Buzz Aldrin has a plan on how to get to Mars and settle humans there – and he’s set it out in virtual reality March 18, 2017 As the second person to set foot on the moon, Buzz Aldrin knows more about space than most. And now, the former astronaut has released a virtual reality (VR) film setting out his plans to get humans to Mars. Read more: Elon Musk promises the moon (to two people who can afford it) It features Aldrin as [...]
Meet the serial entrepreneur building P2P energy company Squeaky March 13, 2017 That was the worst choice of name ever,” admits serial energy entrepreneur Chris Bowden, as I add an extra syllable to “Utilyx”, his first company, which he sold to Mitie in 2012 for £16.2m. Founded in 2000, it became the largest energy broker for commercial and industrial consumers and independent power producers. “When we started, [...]
Elon Musk has another ambitious energy project and this time it’s free March 10, 2017 Elon Musk has risen to the challenge of fixing South Australia’s power crisis in 100 days. If he can’t accomplish the goal within that time? He’ll do it for free. The Tesla executive responded to co-founder of the software company Atlassian, Mike Cannon-Brookes, on Twitter following Tesla vice president Lyndon Rive's own claim that he would [...]
Jeff Bezos is planning Amazon-like delivery to the Moon for “future human settlement” March 3, 2017 That Jeff Bezos vs Elon Musk rivalry can't just be contained to measly planet Earth. Not a week since Elon Musk announced his SpaceX company will be sending two private citizens to the moon next year, the Amazon boss has told The Washington Post, which is owned by Bezos, his plans to set up Amazon-style delivery [...]
SpaceX to boldly go where no private company has gone before: The Moon February 27, 2017 Serial entrepreneur Elon Musk will fly two people around the moon next year, boldly going where no private company has gone before. In an announcement late last night Musk said two unnamed private citizens had approached his company, SpaceX, and had paid a “significant deposit” to secure the mission. The announcement could start a new [...]
Tesla says its new mass-market car remains on track as it reports narrowing losses February 22, 2017 Tesla posted a smaller loss for the quarter to 31 December, as it declared that its new mass-market saloon was on track to enter production by September. Elon Musk's electric car maker reported net loss attributable to common shareholders of $121.3m (£97m) for the three months period, down from $320m in the same quarter of [...]
Range Rover has teased its mysterious new Velar – the luxury SUV for the “avant garde” February 22, 2017 Range Rover has unveiled its latest luxury SUV with a single, mysterious photograph – dubbing it the "avant garde Range Rover". The Velar is designed to fill the "white space" between the Range Rover Evoque and the Range Rover Sport, Jaguar Land Rover (JLR), which owns the brand, said today. It added the new addition [...]
It’s lift off for government plans to bolster UK space sector as new legal powers could soon send scientists into space February 20, 2017 New powers unveiled this week will allow British scientists to fly to the edge of space to conduct medical experiments. UK scientists could research and develop vaccines and antibiotics up in space, which grow differently where there is no gravity. The government said today that the powers will allow the launch of satellites from the [...]