Category: News Type

Volvo and NTU to Trial Autonomous Electric Buses in Singapore

GOTHENBURG, Sweden, January 11, 2018 /PRNewswire/ — Volvo Buses and Nanyang Technological University (NTU) in Singapore have signed a cooperation agreement on a research and development program for autonomous electric buses. The program is part of the Land Transport Authority of Singapore’s drive to create new solutions for tomorrow’s sustainable public transport. Volvo and NTU… Continue reading Volvo and NTU to Trial Autonomous Electric Buses in Singapore

Prosecutor investigates ex-BMW manager

A former manager of BMW has been targeted by the prosecutor. He is suspected of having received kickbacks for years. BMW headquarters in Munich Thursday, 11.01.2018 15:46 clock The prosecutor Munich I investigates against a former BMWManager and eight other accused. This was confirmed by the group. As the “Wirtschaftswoche” reports, citing the Munich authorities,… Continue reading Prosecutor investigates ex-BMW manager

Singapore’s BM Mobility offers to buy Malaysia’s electric car-sharing firm UNiRIDE

January 11, 2018 BM Mobility Ltd, a Singapore-listed investment holding firm, said Thursday that it has offered to acquire Malaysian electric car- sharing firm UNiRide Ecotour Sdn Bhd (UNiRIDE), for RM850,000 ($212,944). UNiRIDE, founded in 2015, is currently 75%-owned by Wanted Marketing Communications Sdn Bhd, an authorized sales agent for electric bike manufacturer Treeletrik Sdn… Continue reading Singapore’s BM Mobility offers to buy Malaysia’s electric car-sharing firm UNiRIDE

UPDATE 1-Hyundai invests in Grab to gain ‘foothold’ in Southeast Asia ride-hailing market

SEOUL (Reuters) – South Korea’s Hyundai Motor Co (005380.KS) said on Thursday it had invested in Southeast Asian ride-hailing firm Grab, as it seeks to expand into the region to reduce its reliance on China following a damaging diplomatic row between Seoul and Beijing. Hyundai’s first direct investment in a ride-hailing firm gives it a… Continue reading UPDATE 1-Hyundai invests in Grab to gain ‘foothold’ in Southeast Asia ride-hailing market

Uber rival Taxify expands into Lisbon while eyeing fresh funding

FRANKFURT (Reuters) – Taxify, Uber’s upstart European-based rival, is looking to expand during the coming year outside of the biggest cities in the more than 20 countries where it now operates into secondary markets, Chief Executive Markus Villig said on Thursday. The Estonia-based taxi-hailing platform active in Central and Eastern Europe and Africa, has taken… Continue reading Uber rival Taxify expands into Lisbon while eyeing fresh funding

Ford sued in federal court over claims of diesel emissions cheating

CLOSE Pushing the price boundaries again, Ford debuted the 2018 F-Series Super Duty Limited pickup truck Thursday at the State Fair of Texas that inches the once-humble haulers closer to the $100,000 mark. USA TODAY Ford Motor Co. is being sued over allegations that it cheated on diesel emissions testing.(Photo: Ford Motor Company) Super Duty… Continue reading Ford sued in federal court over claims of diesel emissions cheating

Xpeng Motors premieres its EV-G3 at 2018 International with 4 prominent attributes to Usher in A new Era of Autonomous Driving Experience.

LAS VEGAS, Jan. 10, 2018 /PRNewswire/ — On January 9, Xpeng Motors debuts its ready-to-sell production car at the International CES 2018 in Las Vegas, NV, USA. It is also the first mass production version of the intelligent car released by Chinese carmakers at CES. Xpeng Motors named its first production model G3. “G” is… Continue reading Xpeng Motors premieres its EV-G3 at 2018 International with 4 prominent attributes to Usher in A new Era of Autonomous Driving Experience.

Toyota C-HR leads the pack as the top-selling new SUV in 2017

Toyota City, Japan, January 11, 2018―Toyota Motor Corporation today revealed strong results for its C-HR model in 2017(Jan.-Dec.), with sales topping 117,299 units1, earning the top spot among all automakers in the number of new SUVs sold in Japan in 2017. The C-HR debuted in December 2016 as an SUV that reflects Toyota’s commitment to… Continue reading Toyota C-HR leads the pack as the top-selling new SUV in 2017

We’re growing our relationship with Baidu to create indoor maps

We’re proud to announce that we will broaden our collaboration with the Chinese firm Baidu to power Baidu Maps’ indoor map data for locations outside of China. We at HERE are excited to be building and expanding our successful business relationship with Baidu. For the last three years, we’ve been powering the street and satellite… Continue reading We’re growing our relationship with Baidu to create indoor maps