Category: News Site

European micromobility startup Reby acquired by PE player House of Lithium for $100M

Founded in 2018, European micromobility startup Reby took an interesting path. It deployed e-scooters in the city of Zaragoza (Spain), during the COVID-19 pandemic, but also created a SaaS-oriented “MaaS” (mobility-as-a-service) platform. It then won 18 agreements with public administrations for e-mobility across Italy and Spain, slightly under the radar compared with large, well-funded players… Continue reading European micromobility startup Reby acquired by PE player House of Lithium for $100M

NovaCHARGE deploys 627 charging ports for Florida’s Park & Plug program

NovaCHARGE, an Orlando-based provider of charging hardware, software and cloud-based charger administration, has completed the successful deployment of 627 EV charging ports for Duke Energy Florida’s Park & Plug program. Duke selected NovaCHARGE as the prime contractor for its Park & Plug program, which was launched in 2018. NovaCHARGE was responsible for delivery of a… Continue reading NovaCHARGE deploys 627 charging ports for Florida’s Park & Plug program

VW’s revived Scout brand of electric pickups and SUVs could be a hit

Volkswagen’s decision to revive the dormant International Scout brand of SUVs and pickups with a family of U.S.-centric electric vehicles is a potential stroke of genius that should cause sleepless nights for executives at Ford, Jeep, Chevrolet and GMC. The new vehicles, which could be on sale as soon as 2026, flow from the confluence… Continue reading VW’s revived Scout brand of electric pickups and SUVs could be a hit

Didi said cybersecurity review completion a “prerequisite” for new listing

On Wednesday, China’s ride-hailing giant Didi urged US investors to vote yes on delisting its shares from New York. Didi said it can’t pursue a new listing as it faces a cybersecurity review launched last July by Chinese regulators, which still has no clear end in sight.  Why it matters: The company said in a… Continue reading Didi said cybersecurity review completion a “prerequisite” for new listing

McLaren will join Formula E in 2023

Team news is starting heat up ahead Formula E’s Gen3 debut next season, and today one of the bigger expected announcements was made official. Ahead of the Berlin E-Prix, McLaren Racing announced its move to Formula E for season nine, committing to fielding a team when the series’ new spec makes its first competitive laps.… Continue reading McLaren will join Formula E in 2023

Ford finally bids adieu

Ford is in the news and, once again, for all the wrong reasons. The company has gone back on its intent to manufacture electric vehicles in India for overseas markets as part of the Centre’s production-linked incentive scheme. In the process, it did not quite cover itself in glory with this fickle approach. Ford will… Continue reading Ford finally bids adieu