TOKYO — Nissan Motor has decided against manufacturing its newest electric vehicle in the U.K. for sale in the European Union, Nikkei has learned, over concerns that the automobile will face higher tariffs in the absence of a post-Brexit trade deal. Instead, Nissan will ship the Ariya from Japan when the vehicle goes on sale in the… Continue reading Nissan picks Japan, not Britain, to make Ariya electric car for EU
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Fiat Chrysler to spend $150m on global tech center in India
NEW DELHI (Reuters) — Fiat Chrysler Automobiles NV (FCA) on Wednesday said it plans to spend $150 million to set up a global technology center in the southern Indian city of Hyderabad. The center will create nearly 1,000 jobs by the end of 2021, and will focus on development for future mobility in areas such… Continue reading Fiat Chrysler to spend $150m on global tech center in India
Indian mobility startups eye new offerings to fuel EV strategy
Vogo, a two-wheeler shared mobility startup, plans to launch low-speed EV variants, while Yulu, the biggest in this space, is exploring high-speed variants as part of its product offering. “We aim to introduce low-speed variants in the first half of 2021 as there is a market for this segment in short distances. We are finalising… Continue reading Indian mobility startups eye new offerings to fuel EV strategy
Continental rules out deeper job cuts over electric car shake-up
New chief of auto parts maker says no more than 30,000 roles at risk even if EU tightens emissions targets Go to Source
Electric car battery boss quits over conviction
On Friday, the company announced the plant would create up to 3,000 jobs. Go to Source
Bridgestone India invests in tyre management services startup Fleeca India
Leading tyre maker Bridgestone India has made a strategic investment in Jaipur-based tyre management services start-up Fleeca India, as part of its strategy to provide latest mobility solutions. Fleeca India provides digital-based business solutions to fleet operators to increase efficiencies of their tyre usage. According to Bridgestone India, the domestic market is fast evolving and… Continue reading Bridgestone India invests in tyre management services startup Fleeca India
BMW warns no-deal Brexit will cost carmaker ‘hundreds of millions’ of euros
Brexit looms. Access the news and analysis you need now to navigate this monumental shift: The FT provides the most robust Brexit coverage, including: An unmatched number of scoops Expert opinion & regional perspectives Daily Brexit Briefing newsletter Go to Source
Bolt raises $182M to expand its on-demand transportation network in Europe and Africa
In the midst of a major second wave of coronavirus infections across Europe, an Estonian startup that’s building an on-demand network to move food and people around in cars, on scooters and on bikes across developed and emerging markets in EMEA is announcing a major round of funding. Bolt, which covers 200 cities in 40… Continue reading Bolt raises $182M to expand its on-demand transportation network in Europe and Africa
Uber Fined $59M over Sexual Assault, Harassment Claims
While the CPUC says the information can be anonymous, Uber could lose its license if the company fails to pay the fine within 30 days. Photo via Uber. The California Public Utilities Commission has fined Uber $59 million for failing to provide the commission with information related to sexual assault and harassment claims, Reuters reports.… Continue reading Uber Fined $59M over Sexual Assault, Harassment Claims
LG Energy Solution Supplies High-Capacity Batteries to an American Electric Bus Manufacturer Proterra
LG Energy Solution’s high-capacity batteries were supplied to Proterra for its electric bus “ZX5”. The battery has twice more energy compared to LFP batteries of CATL and BYD based in China. With the recent supply, LG Energy Solution and Proterra have solidified their strategic relationship.According to the industry on Tuesday, LG Energy Solution recently supplied… Continue reading LG Energy Solution Supplies High-Capacity Batteries to an American Electric Bus Manufacturer Proterra