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Dubai transport start-up Swvl sees more customers ditch cars for buses

A woman walks past a vehicle with a logo of the Egyptian transport technology start-up Swvl, parked along a road in Islamabad, Pakistan November 11, 2019. REUTERS/Akhtar Soomro/ Register now for FREE unlimited access to Reuters.com register DUBAI, July 18 (Reuters) – Higher oil prices have helped Dubai-based transport startup Swvl attract customers as people …

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EV disruptors hit industry speed bumps that have plagued legacy automakers for years

DETROIT, July 13 (Reuters) – Electric vehicle startups that promised to disrupt the automotive industry by using a software- and technology-heavy approach are now scrambling to cut costs amid the type of industry slowdown that has detroited Detroit automakers over the years. To remain a player in an competitive business as incumbent automakers introduce their …

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