Nov 9, 2018

GM and Ford push into 2-wheeled transportation

Photo: Ford

America's two largest automakers are branching out beyond their traditional businesses: GM plans to launch a lineup of electrified bicycles and Ford just bought an electric scooter company.

Why it matters: By 2030, 60% of the world's population will live in urban areas, per the UN's World's Cities in 2016 report. As cities get more crowded, commuters are looking for alternative ways to complete their journeys, from ride-hailing to e-bikes to scooter-sharing — sometimes combining all three in a single trip.

What's new: Ford just paid close to $100 million to acquire Spin, an electric scooter-sharing company based in San Francisco with operations in 13 cities and campuses across the U.S.

  • Ford had already dipped its toes into scooters with the recent rollout of its Jelly service on the campus of Purdue University, which also happens to be Spin CEO Derrick Ko's alma mater.

What's next: GM will launch the e-bikes in 2019 under a new, as yet unnamed brand.

  • The first 2 products have been designed: one foldable, the other compact, both using a proprietary propulsion system developed by GM.
  • They'll be equipped with integrated safety features, including rechargeable front and rear LED lights.
  • The bikes will be "smart" and "connected," using telemetry inspired by GM's OnStar service
  • GM has launched a contest to name the new e-bike brand. The winner, to be announced in early 2019, gets $10,000.

What to watch: Amid a massive shift in transportation, automakers like GM and Ford will likely introduce more of these micro-mobility services as a way to hang on to customers who no longer feel the need to own a personal automobile.

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Coronavirus dashboard

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  1. Global: Total confirmed cases as of midnight ET: 1,202,827 — Total deaths: 64,771 — Total recoveries: 246,886Map.
  2. U.S.: Total confirmed cases as of midnight ET: 312,076 — Total deaths: 8,496 — Total recoveries: 14,997Map.
  3. Public health latest: CDC launches national trackers and recommends face coverings in public. Federal government will cover costs of COVID-19 treatment for uninsured. The virus is hitting poor, minority communities harder and upending childbirth.
  4. 2020 latest: "We have no contingency plan," Trump said on the 2020 Republican National Convention. "We're having the convention at the end of August."
  5. Business updates: Restaurants step up for health care workers. Employees are pressuring companies to provide protections during coronavirus.
  6. Oil latest: Monday meeting among oil-producing countries to discuss supply curbs is reportedly being delayed amid tensions between Saudi Arabia and Russia.
  7. Education update: Many college-age students won't get coronavirus relief checks.
  8. 1 🏀 thing: The WNBA postpones start of training camps and season.
  9. What should I do? Pets, moving and personal health. Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  10. Other resources: CDC on how to avoid the virus, what to do if you get it.

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World coronavirus updates: Confirmed cases top 1.2 million

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens and confirmed plus presumptive cases from the CDC

The number of novel coronavirus cases surpassed 1.2 million worldwide Saturday night, as Spain overtook Italy as the country with the most infections outside the U.S. The global death toll has surpassed 64,700, per Johns Hopkins data.

The latest: The United Kingdom's Queen Elizabeth II will speak in a televised address on the coronavirus Sunday of the "disruption that has brought grief to some, financial difficulties to many, and enormous changes to the daily lives of us all," per the BBC. The U.K. death toll rose 708 to 4,313 on Saturday — the fourth highest in the world.

Go deeperArrowUpdated 3 hours ago - Health

U.S. coronavirus updates: Death toll surpasses 8,400

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios

Recorded deaths from the coronavirus surpassed 8,400 in the U.S. on Saturday, per Johns Hopkins data. The death toll in the U.S. has risen over 1,000 every day for the past four days, since April 1.

The big picture: President Trump said Saturday America's is facing its "toughest week, between this week and next week." Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said the U.S. should expect to see deaths continue to rise in this period.

Go deeperArrowUpdated 4 hours ago - Health