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Unique remote-piloted EV delivery service Halo.Car has taken a big step forward in its progress of transitioning more people over to electric vehicles. Today, the carshare startup announced it had removed the safety drivers from all its EVs, claiming to be the first company in the world to enable electric vehicles to be commercially remote-piloted on public roads without a human present inside. Watch as the empty EV turns heads around downtown Las Vegas in the video below.

Halo.Car is a Las Vegas-based startup focused on taking the carshare program and turning it on its head. Instead of developing another business requiring designated parking areas or customers to pick up and return their rented vehicles somewhere, Halo.Car drops off and picks up the EV wherever you are.

Here’s the kicker, though… there’s no one inside.

We’ve covered plenty of other startups implementing autonomous robotaxi routes in California and even Halo.Car’s home city of Vegas, but this startup team feels fully-autonomous taxis are still years away. Halo.Car uses remote drivers authorized to operate the fleet of EVs using video and sensor data streamed from proprietary software and hardware retrofitted onto electric Kia Niros.

The startup’s carshare business has been partially underway in the streets of Vegas, but with several fail-safes in place to ensure the safety of everyone inside and outside of the vehicles. This past January, during CES, I got the chance to visit Halo.HQ and ride along with founder and CEO Anand Nandakumar (and a safety driver), who walked me through the company’s four-phase process in reaching seamless carshare mobility:

  1. Deliveries of the car, manual driver inside the vehicle
  2. Deliveries of the car by a remote pilot, with a safety driver inside
  3. Deliveries of the car remotely with no one inside, with a chase car
  4. Deliveries of the car solely via a remote pilot

At the time, I experienced Halo.Car during phase two. Today, however, the startup announced it entered phase three, removing the safety driver altogether.

  • Halo Car

Halo.Car continues to prove remote piloting is viable

Following four years of operating with safety drivers present inside its EVs, Halo.Car shared that it has gone driverless… inside its Kias, at least. Beginning today, customers in Las Vegas can book a Halo.Car, which will be remotely piloted to their designated location without anyone inside.

From there, the customer can hop in, use the EV at will, and then park it and end their rental whenever they are done. From there, a remote driver at HQ will once again take control of the EV, which will appear to drive off on its own. Talk about “ghost ridin’ the whip.” Nandakumar spoke to Halo.Car’s next phase achievement:

Rolling out driverless delivery is a huge step towards our goal of offering ubiquitous carshare on-demand. We want to make it so easy to get a car on-demand that you no longer need to own a car, or use a rideshare service – you just call a car to drive when you need to go somewhere. Driverless delivery is critical to making this vision of on-demand vehicles economically viable.

After testing for thousands of hours, we’ve proven that our remote-piloting technology is robust enough to take the safety driver out. This commercial launch of driverless delivery is a landmark achievement not only for our company, but for the entire transportation industry. We are really pushing the boundaries of what people believed was possible.

The EVs, which you can peruse below, have been equipped with cameras, modems, antennas, and other proprietary components developed by Halo.Car to enable remote driving over T-Mobile’s 5G network. The company shared it has also developed proprietary algorithms to ensure the data streams utilize the strongest network connection available at any given time.

While today’s news is exciting, remember that Halo.Car is only in phase three. That means the driverless EVs will still be followed by a second vehicle to monitor and assist if any issues arise. Soon, however, the chase cars will join the safety drivers on the sidelines back at HQ while the EVs operate on public roads without anyone inside or behind.

Looking ahead, Halo.Car says it will expand driverless deliveries to other parts of Las Vegas outside of downtown in the coming months while simultaneously bolstering its fleet to hundreds of EVs before expanding to new cities in 2024.

Watch Halo.Car’s driverless EVs turn heads around Vegas in the video below.

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Wheel-E Podcast: ’70 MPH e-bikes’, Vietnam bans gasoline bikes, more

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Wheel-E Podcast: '70 MPH e-bikes', Vietnam bans gasoline bikes, more

This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes “70 MPH e-bikes” prompting new law changes, recalled Amazon/Walmart e-bikes, Vietnam banning gasoline-powered motorcycles, and more.

The Wheel-E podcast returns every two weeks on Electrek’s YouTube channel, Facebook, Linkedin, and Twitter.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends, the video will be archived on YouTube and the audio on all your favorite podcast apps:

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Here are a few of the articles that we will discuss during the Wheel-E podcast today:

Here’s the live stream for today’s episode starting at 8:00 a.m. ET (or the video after 9:00 a.m. ET):

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Exxon earnings beat estimates as production growth softens impact of lower oil prices

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Exxon earnings beat estimates as production growth softens impact of lower oil prices

Exxon earnings beat estimates as production growth softens impact of lower oil prices

Exxon Mobil reported second-quarter earnings on Friday that declined significantly compared to last year, though the company beat Wall Street estimates as production growth in the Permian Basin and Guyana softened the impact of lower oil prices.

Exxon’s net income fell 23% to $7.1 billion, or $1.64 per share, compared to $9.2 billion, or $2.14 per share, in the same period last year.

Here is what Exxon reported for the second quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

  • Earnings per share: $1.64 vs. $1.54 expected
  • Revenue: $81.5 billion vs. $80.77 billion expected

The oil major pumped 4.6 million barrels per day, the highest output for the second quarter since Exxon and Mobil merged more than 25 years ago. Production in the Permian hit a record 1.6 million bpd.

Exxon’s production business posted a profit of $5.4 billion, down 23% from about $7.1 billion in the same period last year on lower oil prices. Its refining business booked earnings of $1.37 billion globally, up 44% compared to $946 million in the year-ago period due to higher refining margins.

Exxon paid out $9.2 billion to shareholders, including more than $4 billion in dividends and $5 billion in share repurchases. The oil major said it’s on pace to purchase $20 billion of shares this year.

Exxon has slashed its costs by $1.4 billion so far this year and $13.5 billion since 2019. It is aiming to cut another $4.5 billion through the end of 2030.

This is a breaking news story. Please check back for updates.

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Chevron profit hit by low crude oil prices and loss from Hess acquisition

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Chevron profit hit by low crude oil prices and loss from Hess acquisition

Chevron profit hit by low crude oil prices and loss from Hess acquisition

Chevron on Friday reported second-quarter earnings that took a substantial hit due to low oil prices and a loss on its acquisition of Hess Corporation.

The oil major’s net income declined about 44% to $2.49 billion, or $1.45 per share, from $4.43 billion, or $2.43 per share, in the same period last year.

Chevron booked a $215 million loss on the fair value measurement of Hess shares. When adjusted for that charge and other one-time items, Chevron earned $1.77 per share to beat Wall Street estimates.

Here is what Chevron reported for the second quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

  • Earnings per share: $1.77 adjusted vs. $1.70 expected
  • Revenue: $44.82 billion vs. $43.82 billion expected

Chevron completed its acquisition of Hess on July 18, after prevailing against Exxon Mobil in a long-running dispute that threatened to blow up the $53 billion deal. An arbitration court rejected Exxon’s claim to a right of first refusal over lucrative Hess assets in Guyana, clearing the way for Chevron to complete the transaction after a long delay.

Chevron expects the deal to begin adding to earnings in the fourth quarter. It also hopes to reduce annual run-rate costs by $1 billion by the end of 2025.

Chevron pumped a record 3.4 million barrels per day worldwide for the quarter, a 3% increase over the same period last year. U.S. production jumped about 8% to 1.69 million bpd compared to the year-ago period, with production in the Permian Basin hitting 1 million bpd. The Hess acquisition will add assets in the Bakken formation and Gulf of Mexico in addition to Guyana.

Chevron’s production business posted a profit of $2.72 billion, down 38% from $4.47 billion in the same period last year due to lower oil prices. Its refining business booked earnings of $737 million, up 23% from $597 million last year on higher margins for product sales.

Chevron paid out $5.5 billion to shareholders in the quarter, including $2.6 billion in share buybacks and $2.9 billion in dividends.

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