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SAN FRANCISCO, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Serve Robotics Inc. (Nasdaq: SERV), a leading embodied AI and automation company, today announced the appointment of Lily Sarafan to its Board of Directors (the "Board"). Sarafan is an accomplished leader with nearly 20 years of experience in entrepreneurship, executive leadership and board governance. She is co-founder and former chief executive of TheKey, one of the largest and most trusted in-home care provider networks, where she serves as executive chair. Sarafan currently serves on the boards of Instacart, Thumbtack and Kyo as well as on the board of trustees of Stanford University. She has been recognized as an EY Entrepreneur of the Year, a Fortune 40 Under 40, Women Health Care Executives' Woman of the Year, and a Henry Crown Fellow of the Aspen Institute. Sarafan holds an M.S. in Management Science and Engineering and a B.S. in Science, Technology, and Society from Stanford University. “We look forward to welcoming Lily as an independent member of the Board. Her extensive leadership experience, particularly in home services and on-demand delivery, will be invaluable as Serve continues to expand our market presence and shape the future of delivery and automation,” said Ali Kashani, Chairman of Serve’s Board . About Serve Robotics Serve Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots that endeavor to make delivery sustainable and economical. Spun off from Uber in 2021 as an independent company, Serve has completed tens of thousands of deliveries for enterprise partners such as Uber Eats and 7-Eleven. Serve has scalable multi-year contracts, including a signed agreement to deploy up to 2,000 delivery robots on the Uber Eats platform across multiple U.S. markets. For further information about Serve Robotics (Nasdaq:SERV), please visit www.serverobotics.com or follow us on social media via X (Twitter) , Instagram , or LinkedIn @serverobotics. Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Serve intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Exchange Act. These forward-looking statements can be about future events, including statements regarding Serve's intentions, objectives, plans, expectations, assumptions and beliefs about future events, including Serve's expectations with respect to the financial and operating performance of its business, its capital position, and future growth. The words "anticipate", "believe", "expect", "project", "predict", "will", "forecast", "estimate", "likely", "intend", "outlook", "should", "could", "may", "target", "plan" and other similar expressions can generally be used to identify forward-looking statements. Indications of, and guidance or outlook on, future earnings or financial position or performance are also forward-looking statements. Any forward-looking statements in this press release are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. Risks that contribute to the uncertain nature of the forward-looking statements include those risks and uncertainties set forth in Serve's Annual Report on Form 10-K for the year ended December 31, 2023, filed with the United States Securities and Exchange Commission (the "SEC") and in its subsequent filings filed with the SEC. All forward-looking statements contained in this press release speak only as of the date on which they were made. Serve undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. Contacts Media Aduke Thelwell, Head of Communications & Investor Relations Serve Robotics press@serverobotics.com Investor Relations investor.relations@serverobotics.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bdd098f8-8c80-462f-bc1b-c1f2095ed307None

Alberta Premier Danielle Smith says her government is making major changes to auto insurance , including rate hikes and switching to a predominantly no-fault claims model. Under the new system, car accident victims in most cases won’t be able to sue the party responsible for their injury and, instead, insurers would pay compensation at rates set by the government. The province said it commissioned two auto insurance reports, which showed that legal fees and legal costs tied to the current system significantly increase premiums. The province added collision-related lawsuits have nearly doubled in Alberta between 2018 and 2022. By cutting down litigation costs, the government estimates that when the new system is in place in January 2027, it could lead to savings of up to $400 per year for the average insurance premium. It’s also promising better support and benefits for those hurt in collisions. “This is a care-focused system,” Smith told a news conference at the legislature Thursday. Until the new model kicks in, insurers will be allowed to raise rates for good drivers up to 7.5 per cent each year, starting in January. The government said the hikes will help insurers pay rising legal costs and payouts along with covering off the impacts of natural disasters like hailstorms. The 7.5 per cent cap is more than double the United Conservative government’s rate increase cap of 3.7 per cent, which is set to expire at the end of the year. The province also rolled out some of the details of the new system. Among the changes, crash victims will be able to sue at-fault drivers for pain and suffering if the at-fault driver is convicted of a criminal offence, such as dangerous driving or impaired driving. If expenses go beyond what’s covered by the standard benefits, injured parties could also sue for out-of-pocket expenses. The government plans to create an independent body to allow those injured in traffic accidents the ability to appeal decisions made by insurers. Good driver rates won’t apply for drivers who switch insurance companies. The changes mirror the kind of litigation currently allowed in Saskatchewan’s no-fault, public system. Based on government-commissioned reports, the changes could lead to the loss of between 650 and 800 legal support jobs. The province has declined to move toward a publicly delivered insurance system, despite estimates it would save drivers even more money in premium payments. Smith has pointed to prohibitively expensive startup costs approaching $3 billion for a public system, not to mention the loss of thousands of private sector jobs. Alberta NDP Leader Naheed Nenshi said the price tag for setting up a public option is dwarfed by how much extra Albertans pay in premiums. “(Smith) is basically saying, ‘I don’t want to spend the money, but you get to spend the money when you pay your premium every month,’” Nenshi said. He said the UCP’s solution will only lead to higher premiums. The moves come after the Insurance Bureau of Canada warned the insurance “crisis” wasn’t only hurting drivers. Two private insurance companies have recently left the province while citing the squeeze of higher costs. The Alberta Superintendent of Insurance estimates one-third of the 67 auto insurers in 2023 lost money on the insurance. With files from Karen Bartko, Global NewsCATL has unveiled two standardized Choco-SEB battery packs and plans to launch one new car model that uses the packs with partners in each of the next 10 quarters, according to a report by CnEVPost . The Chinese battery company announced the launch of standardized battery packs for passenger cars and unveiled aggressive infrastructure plans at a Choco-SEB (swapping electric block) conference at its headquarters in Xiamen on December 18, 2024. The company launched EVOGO — its battery swap brand — on January 18, 2022. The brand is operated by a subsidiary, Contemporary Amperex Energy Service Technology. Previously, CATL planned on using small swappable battery packs so that a vehicle could use one or more packs depending on its range requirements. At today’s event, the company made a significant change to that concept, turning swappable battery packs into a single pack that a conventional vehicle would use. The two new standardized Choco-SEB battery packs today will be known as #20 and #25. CATL will continue to push for the standardization of swappable battery packs, with their core feature being the standardization of battery sizes, said Robin Zeng, founder, chairman, and CEO of the battery maker. He believes that by 2030, battery swap, charging at home, and charging at public charging stations will each fulfill one third of the needs of electric car owners. The #20 Choco-SEB pack is for A0-class EVs, while the #25 pack is for larger A- and B-segment vehicles. Both batteries have lithium iron phosphate and lithium ternary options. For the #20 pack, the LFP battery has a capacity of 42 kWh and provides a range of about 400 kilometers. The pack based on lithium nickel cobalt ternary chemistry has a 52 kWh capacity and provides a range of 500 kilometers. For the #25 battery pack, the pack based on the LFP chemistry has a capacity of 56 kWh and provides a range of 500 kilometers. The pack based on ternary chemistry has a capacity of 70 kWh and can provide a range of 600 kilometers. The CATL battery swap service adopts a battery as a service strategy similar to that pioneered by NIO, which allows the customer to just buy (or lease) the vehicle body and rent the battery. NIO allows customers to purchase vehicles that include the battery, which CATL cannot do, as it does not manufacture vehicles — yet. The company has talked recently about developing an electric car platform of its own that other companies could buy to use as the basis for their own EVs. In terms of pricing, customers can rent the #20 LFP battery for RMB 369 ($51) per month. That price includes up to 3000 km of driving. Or they can select unlimited mileage for RMB 469 ($64) per month. For the #25 LFP pack, the price is RMB 499 ($68) per month for up to 3,000 kilometers of driving or RMB 599 ($82) per month for unlimited mileage. No prices for the ternary battery packs have been announced as of yet. Along with these details, CATL announced that it has signed subscription orders for 107,500 Choco-SEB batteries with more than 30 companies, including Changan Automobile and China FAW Group, and that all its new battery technologies will be used in those packs in the future. It also says it has entered into partnerships with a number of car companies to jointly launch 10 models that using the Choco-SEB battery packs. On November 22, Changan, CATL, and CAES held a signing ceremony for the battery swap program and showcased the Oshan 520 electric sedan, a sub-brand of Oshan that supports battery swapping. On December 14, China FAW Group’s Hongqi brand announced that it will co-develop models using Choco-SEB technology with CATL. CATL also unveiled ambitious infrastructure plans, saying its battery swap stations will reach 1,000 next year, with a medium-term plan to build 10,000 stations to support the business. The first 1,000 battery swap stations will be built by CAES, while the next 10,000 battery swap stations will be built by CAES and partners. CATL’s long-term goal is to reach 30,000 battery swap stations. The only other company that is pursuing battery swapping technology is NIO , which has opened more than 2,700 battery swap stations in China and has plans for at least 5,000. It also has about 60 swap stations in northern Europe. Changing a battery using a NIO swap station takes less than five minutes. “By 2030, battery swapping, home charging, and public charging stations will share the market,” Robin Zeng , the CEO of CATL, predicted this week. According to ABC News , he appealed to corporate partners to work together to “build more convenient, more economical, and safer services for customers, promoting a brand new way of life.” China auto market analyst Lei Xing told ABC News he believes that swapping batteries can complement China’s charging network. “I don’t see it becoming mainstream, but I do see it becoming a key part of that infrastructure landscape,” he said. Michael Davidson, a renewable energy expert at the University of California, San Diego, said he thinks that charging will dominate “and maybe there’ll be some battery swapping options mixed in there.” Maybe so, but it is safe to assume that CATL has done its homework and has reason to believe plenty of drivers will choose the battery swap option. For one thing, the cost of renting the batteries is quite modest when you consider it eliminates the cost of electricity to charge them separately. For another, it ensures drivers they will always have access to the latest battery technology. Finally, it eliminates concerns about battery degradation and having to pay to replace a battery pack once the factory warranty expires. Those are some pretty major considerations in favor of battery swap technology. The concept is ideal for fleet vehicles — taxis, buses, and commercial trucks — that have a standard model and often travel fixed routes. CATL launched a small pilot project two years ago aimed at taxis and will start the rollout of its new battery swap service with fleets before expanding to individual drivers at a later date, said Zhang Kai, the deputy president of CATL’s battery swapping subsidiary. Swapping is still faster than fast charging. An EVOGO swap stations can change a battery pack in 100 seconds, said Yang Jun, the CEO of the subsidiary. Time is money for taxi and truck drivers. Wang Wubing, a driver at China’s popular Didi ride-hailing service, said at an EVOGO station in the city of Xiamen that he swaps batteries to save time so he can pick up more customers, but it is more expensive than charging. That seems a little hard to believe given that the larger LFP battery with unlimited mileage rents for just $82 a month. One would think electricity for someone who is driving all day every day would cost a lot more than that. There’s also the fact that some people live in condos or apartments where they have no option to charge at home. In such cases, battery swapping can help greatly to make driving an EV comparably convenient to driving a gas-powered car. CleanTechnica's Comment Policy LinkedIn WhatsApp Facebook Bluesky Email Reddit

Tua Tagovailoa’s strong play has helped keep the Dolphins’ playoff hopes alive

‘Saltburn’ star deactivates Instagram account due to ‘hatred’, ‘too many lines being crossed’MIAMI GARDENS, Fla. (AP) — Tua Tagovailoa's teammates have used words like “commanding” and “lights out” to describe the way he has played recently. The quarterback has had one of the best stretches of his career since he returned from a concussion in Week 8, keeping alive the playoff hopes for the Miami Dolphins. Tagovailoa threw for 331 yards and two touchdowns — including the winning TD in overtime — to lead Miami to the victory against Aaron Rodgers and the New York Jets on Sunday. With the win, the Dolphins (6-7) have the same record as Indianapolis, and they two games back of Denver (8-5) for the final AFC wild card. “I don’t think two years ago this game occurs,” coach Mike McDaniel said Sunday of Tagovailoa. “He continues to get better. ... It’s a lot of work, and all of his work is paying off because he’s a naturally gifted quarterback, not only the skill sets but people gravitate towards him. He makes people better. That’s an incredibly important part of that position.” After an up-close look at the way Tagovailoa operates Miami's offense by throwing with anticipation, Jets interim coach Jeff Ulbrich called him one of the fastest processors in the NFL. Tagovailoa's teammates had just as much praise about his impact. “He’s been playing lights out. He’s been a great leader for this team, not only on offense but also for defense, getting those guys going," wide receiver Tyreek Hill said. "We’ve just got to follow him, man, like follow his standard because the standard is the standard, and he’s been playing at a high level and guys around him just got to match it.” The numbers back up Hill's words: Sunday was Tagovailoa's third straight 300-yard passing performance, joining Dan Marino as the only quarterbacks in Dolphins history to record three consecutive games with that many yards. Tagovailoa entered Sunday's game with a league-best 74.5% completion rate. He recorded his seventh straight game with a completion rate of 70% or better, tying the third-longest streak in NFL history. Going back to Week 10 against the Rams, Tagovailoa has attempted 184 passes without throwing an interception, which is the second-longest streak in his career, and he has thrown at least one touchdown pass in 34 of his last 35 games. He was 6 for 7 for 67 yards on the Dolphins' winning touchdown drive Sunday, which he capped with a 10-yard throw to tight end Jonnu Smith. “He was commanding," receiver Jaylen Waddle said. “He really made sure we didn’t kill ourselves with penalties. He wanted everybody to lock in and just hone in on the details. That’s was big. He came through, made big plays, was calm in the pocket, o-line had great protection, he delivered the ball.” What's working A big part of Tagovailoa's growth has been his ability to not force plays down the field that aren't there. Unlike earlier in his career, he is much more willing to take checkdowns or dump the ball off to running back De'Von Achane or the tight end Smith, who have been excellent this season at gaining yards after the catch. What needs help Third down continues to pose problems for the Dolphins. Miami converted just 1 of 9 third-down attempts and are 9 of 35 on third downs in its last three games. Stock up Receivers Jaylen Waddle and Tyreek Hill. Hill had his first 100-yard receiving game since the opener with 115 yards on 10 catches. With his 4-yard touchdown in the fourth quarter, Hill has a TD catch in four of the past five games. Waddle caught nine passes for 99 yards that gave him 4,085 in his career — the most in a player's first four seasons in Dolphins history. Stock down The secondary, which allowed a combined 223 yards by Garrett Wilson and Davante Adams and 339 yards passing from Aaron Rodgers. It was just the second time this season that Miami's defense has allowed more than 300 yards passing. There were also several instances of miscommunication in the secondary. Injuries LT Terron Armstead was limited to just five snaps because of a knee injury that he's been dealing with for weeks. Armstead was visibly frustrated when he came out of the game and was replaced by rookie Patrick Paul. ... LB Anthony Walker Jr. appeared to re-aggravate a hamstring injury that happened last week. Key number 0 — The number of times Tagovailoa was hit Sunday on 47 pass attempts. Next steps Three of Miami's final four games are on the road, starting at Houston on Sunday. ___ AP NFL: https://apnews.com/hub/nfl Alanis Thames, The Associated PressEminem’s mother Debbie Nelson, whose rocky relationship fueled the rapper’s lyrics, dies at age 69

Social Democrats hoping to break into double figures as some new candidates look set to win seats

Namibia Votes for Netumbo Nandi-Ndaitwah as President, Extending SWAPO’s Rule

Matt Gaetz says he won't return to Congress next year after withdrawing name for attorney generalTexans' Azeez Al-Shaair suspended 3 games without pay after violent hit on Trevor Lawrence HOUSTON (AP) — Houston’s Azeez Al-Shaair was suspended by the NFL without pay for three games for repeated violations of player safety rules following his hit to the head of Jacksonville’s Trevor Lawrence, which led to a concussion. Al-Shaair’s punishment was announced by NFL vice president of football operations Jon Runyan. In his letter to Al-Shaair, he noted that he has had multiple offenses for personal fouls and sportsmanship-related rules violations in recent seasons. Runyan says “video shows you striking the head/neck area of Jaguars’ quarterback Trevor Lawrence after he clearly goes down in a feet-first slide.” USWNT beats Netherlands 2-1 in goalkeeper Alyssa Naeher's final match THE HAGUE, Netherlands (AP) — Alyssa Naher made two critical saves in her final match for the United States, Lynn Williams scored the go-ahead goal in the 71st minute and the Americans beat the Netherlands 2-1. The U.S., which won its fifth Olympic gold medal in France this summer, wrapped up the year on a 20-game unbeaten streak. The Americans were coming off a scoreless draw with England on Saturday at Wembley Stadium. Naeher announced two weeks ago that the European matches would be her last. The 36-year-old goalkeeper played in 115 games for the U.S., with 111 starts, 89 wins and 69 shutouts. Second-to-last college playoff rankings offer last chance to see how nervous teams should be The next-to-last rankings for the College Football Playoffs come out Tuesday night, serving up one last chance to see who would be in, who would be out, who will be mad and who should be very, very nervous. There are about 18 teams vying for 12 spots in the first-of-its-kind playoff that begins Dec. 20. Outside of Oregon — the only undefeated team in the country — and Notre Dame — on a 10-game winning streak and not playing this weekend — there are very few sure things. The rankings released Tuesday will be the last dry run before the real list is revealed Sunday. Signing with Dodgers was really easy decision for 2-time Cy Young winner Blake Snell LOS ANGELES (AP) — Two-time Cy Young Award winner Blake Snell says it was a really easy decision to sign with the World Series champion Los Angeles Dodgers. Joining a team that includes two-way superstar Shohei Ohtani influenced the left-hander too. Snell was introduced Tuesday at Dodger Stadium after signing a $182 million, five-year deal last weekend. Snell has known Dodgers president of baseball operations Andrew Friedman since he was 18. Friedman says all conversations the front office has had since the World Series ended last month involved Snell, who was 2-2 against the Dodgers during his career. High school recruiting isn't the only way to build a winner in the era of the transfer portal Texas A&M signed the nation’s top-ranked class three years ago believing it had built a potential national title contender. Plenty of players from that heralded 2022 class could indeed be participating in the first 12-team College Football Playoff this month. They just won’t be doing it for the Aggies. Texas A&M represents perhaps the clearest example of how recruiting and roster construction have changed in the era of loosened transfer restrictions. Coaches must assemble high school classes without always knowing which of their own players are transferring and what players from other schools could be available through the portal. Javier Mascherano arrives at Inter Miami as coach, 5 years after team first pursued him to play FORT LAUDERDALE, Fla. (AP) — Javier Mascherano has arrived in Miami and is already at work as Inter Miami's new coach. The former teammate of Inter Miami stars Lionel Messi, Sergio Busquets, Jordi Alba and Luis Suarez says he's aware of critics who believe he doesn't have the experience needed to succeed in the job. Inter Miami first pursued Mascherano as a player in 2019 with hopes that he would coach in its academy system after one season. Five years later, he's tasked with bringing trophies to the club that Messi has lifted to new heights. Analysis: Getting benched may have been best thing that happened to Bryce Young, Anthony Richardson Getting benched may have been the best thing that happened to Bryce Young and Anthony Richardson. Both second-year quarterbacks are playing well since returning to the starting lineup. Young has steadily improved after coming back in Week 8. He’s displayed the skills that earned him a Heisman Trophy at Alabama and convinced the Panthers to draft him ahead of C.J. Stroud with the No. 1 overall pick in 2023. Richardson has led Indianapolis to a pair of comeback wins late in the fourth quarter in three starts after he regained his starting job. Young and Richardson both have a long way to go to prove they can be franchise quarterbacks. But there’s far more optimism now that they’re not busts. Transgender powerlifter asks Minnesota Supreme Court to let her compete in women's events ST. PAUL, Minn. (AP) — Attorneys for a transgender athlete have urged the Minnesota Supreme Court to allow her to compete in the women's division at powerlifting events, saying she’s protected against discrimination by the Minnesota Human Rights Act. USA Powerlifting rejected JayCee Cooper’s application in 2018 to compete in the women’s division of its events on the ground that she enjoys strength advantages over other women. Cooper sued in 2021, and a trial court sided with her. But the Minnesota Court of Appeals sent the case back to the trial court in March, saying there were “genuine issues of fact” about why USA Powerlifting excluded Cooper. Fueled by boos, Browns receiver Jerry Jeudy turns in 235-yard performance in return to Denver DENVER (AP) — The boos only brought out the best in Jerry Jeudy as he returned to Denver. The explosive Cleveland Browns wideout turned in an electric performance Monday night with nine catches for 235 yards, the most in NFL history by a receiver against his former team. He also had a 70-yard touchdown in a 41-32 loss to the Broncos. Jeudy, who played his first four seasons with Denver, was jeered every time he caught the ball. He loved all the noise directed at him, even motioning at times for the crowd to get even louder. His only regret was the Browns couldn’t close out the win. Ryggs Johnston goes from a tiny Montana town to Australian Open champion: Analysis Talk about taking the road less traveled. Ryggs Johnston honed his golf game in the tiny Montana town of Libby in the northwest corner of the state. He fulfilled his dream of going to Arizona State but never won a college tournament. But he did well enough to earn status in Canada and a pass to the second stage of Q-school. His Arizona State coach gave him a nudge to try European tour school. Johnston made it through all three stages and then won the Australian Open in only his second start on the European tour.

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