Category: News Type

Yet to turn a profit, Ford won't give up on India

Pankaj Radhe, Special to the Detroit Free Press Published 12:41 p.m. ET April 8, 2018 CLOSE Ford is going to import the EcoSport from India. It will be the brand’s smallest SUV vehicle and DJ Khaled was on hand to unveil the vehicle in advance of the Los Angeles Auto Show. Robert Hanashiro, USA TODAY… Continue reading Yet to turn a profit, Ford won't give up on India

Twizy being tested by Korea Post for delivery

Thursday 05 April 2018 by Raphaelle GOMEZ – Innovation Raphaelle GOMEZ Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest On February 20 in Seoul, Korea, Renault Samsung Motors (RSM) participated in the MOU and launching ceremony for Post Office’s eco-friendly delivery car pilot project between the Korea Post, the Ministry of… Continue reading Twizy being tested by Korea Post for delivery

Alibaba-Backed China Car Startup to Raise $2.7 Billion This Year

Xiaopeng Motors, which counts Alibaba Group Holding Ltd. and Foxconn Technology Group among its investors, plans to raise 17 billion yuan ($2.7 billion) in funds this year as the Chinese car startup seeks to take on rivals in the world’s biggest market for electric vehicles. The company plans to start pre-sales of its first model,… Continue reading Alibaba-Backed China Car Startup to Raise $2.7 Billion This Year

UPDATE 2-Uber agrees to buy electric cycle-sharing startup JUMP Bikes

SAN FRANCISCO (Reuters) – Ride-hailing company Uber Technologies Inc [UBER.UL] said on Monday it has agreed to buy electric bicycle service JUMP Bikes, allowing Uber to offer U.S. passengers an alternative to cars and further consolidating the crowded bike-sharing industry. FILE PHOTO: The logo of Uber is seen on an iPad, during a news conference… Continue reading UPDATE 2-Uber agrees to buy electric cycle-sharing startup JUMP Bikes

Uber acquires bike-share startup JUMP

Uber has acquired bike-sharing startup JUMP for an undisclosed amount of money. This comes shortly after TechCrunch reported that JUMP was in talks with Uber as well as with investors regarding a potential fundraising round involving Sequoia Capital’s Mike Moritz. At the time, JUMP was contemplating a sale that exceeded $100 million. We’re now hearing that… Continue reading Uber acquires bike-share startup JUMP

Lexus marks 1 year in India, starts deliveries of NX300h hybrid SUV

Lexus India marks the first year of operations in India by commencing deliveries of its hybrid SUV, the NX330h, which was launched in the market in November 2017. Deliveries of the NX 300h are taking place across the country in signature Lexus style that means the car arrives on flatbeds allowing owners to be the… Continue reading Lexus marks 1 year in India, starts deliveries of NX300h hybrid SUV

EV startup makes technology from the world’s first rally-inspired electric supercar available to the racing world

Media Image filesMiss R teaser video Birmingham, 10 January 2017 – XING Mobility, an electric vehicle startup from Taipei, are exhibiting their full range of electric powertrain solutions at Europe’s largest indoor motorsports show Autosport International. In November last year, XING Mobility revealed ‘Miss R’, their 1 Megawatt (1,341hp) rally-inspired supercar prototype, set for completion… Continue reading EV startup makes technology from the world’s first rally-inspired electric supercar available to the racing world

XING Mobility release footage of rally-inspired electric supercar from on-road/off-road shakedown, before showcasing full EV drivetrain system in commercial truck application

Media Image files Video: Miss R on-road/off-road shakedown– 1’19” Video: XING Mobility’s Miss R Story— 3’ 21” · XING Mobility complete system shakedown runs of MISS R, their 1-Megawatt rally-inspired supercar on and off-road, complete with interim prototype body · The release of world-exclusive test footage coincides with this year’s AutoTronics Taipei show, where Miss… Continue reading XING Mobility release footage of rally-inspired electric supercar from on-road/off-road shakedown, before showcasing full EV drivetrain system in commercial truck application