The strategy shift places more focus on local rental markets. Photo via Audi. Silvercar by Audi plans to close all of its airport locations in December, the company confirmed. In September, Silvercar announced that it would be expanding to Audi dealerships throughout the United States. The strategy shift places more focus on local rental markets.… Continue reading Silvercar to End Airport Operations, Focus on Audi Dealerships
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Arrival becomes latest electric vehicle startup to test the public markets with a SPAC
Arrival has gone from stealthy electric vehicle startup to prospective public company in a span of a year. The UK-based company, which operated in relative secrecy for several years until January when it announced a $110 million investment from Hyundai and Kia, said Wednesday it has agreed to merge with special purpose acquisition company CIIG… Continue reading Arrival becomes latest electric vehicle startup to test the public markets with a SPAC
Nigeria’s Autochek raises $3.4M for car sales and service platform
Nigeria based startup Autochek looks to bring the sales and servicing of cars in Africa online. The newly founded venture has closed a $3.4 million seed-round co-led by TLcom Capital and 4DX ventures toward that aim. The raise comes fresh off of Autochek’s September acquisition of digital car sales marketplace Cheki in Nigeria and Ghana.… Continue reading Nigeria’s Autochek raises $3.4M for car sales and service platform
Nissan warns on its UK future without a Brexit deal
New Nissan Qashqai to be built at Sunderland plant Go to Source
Nissan’s UK business tough to sustain without Brexit trade deal – COO Gupta
File Image By Tim Kelly and David Dolan TOKYO: Any final exit by Britain from the European Union that worsens business conditions through increased tariffs would threaten the sustainability of Nissan Motor Co’s UK operations, the Japanese car maker’s chief operating officer (COO) cautioned. Nissan, which employs 7,000 people at Britain’s biggest auto plant in… Continue reading Nissan’s UK business tough to sustain without Brexit trade deal – COO Gupta
Boris Johnson announces 10-point green plan with 250,000 jobs
Boris Johnson has announced plans for the government’s self-styled green industrial revolution, bringing praise from environmental groups but also questions about the scale of new funding, and the planned expansion of nuclear and hydrogen power. In a move aimed at retaking the initiative after a politically turbulent few weeks, the prime minister said the 10-point… Continue reading Boris Johnson announces 10-point green plan with 250,000 jobs
Valeo launches 48V integrated compact electric powertrain in India
Valeo’s 48V powertrain solution for electric three-wheelers Global automotive supplier Valeo today launched its fully integrated compact electric powertrain system in India. The company says this powertrain technology will aid electrification at an affordable cost for small mobility vehicles like two- and three-wheelers which are extensively used for first and last mile connectivity in the… Continue reading Valeo launches 48V integrated compact electric powertrain in India
The electric car industry now has its own lobbying group
Tesla, Uber, Rivian, Lucid Motors, and others have joined forces to create a new lobbying group for electric vehicles on Capitol Hill. The group, which is called the Zero Emission Transportation Association (ZETA), says its mission is that 100 percent of new car sales are electric by 2030. Some states are already moving in that… Continue reading The electric car industry now has its own lobbying group
Lordstown Motors puts R&D center in Farmington Hills
Detroit — Electric vehicle startup Lordstown Motors Corp. is creating an automotive R&D center in Farmington Hills with support from the Michigan Strategic Fund, the Michigan Economic Development Corporation said Tuesday. The center will have offices, space for vehicle inspection and benchmarking, and labs for testing, validation and prototyping. The project comes with $3.6 million in private investment and… Continue reading Lordstown Motors puts R&D center in Farmington Hills
Tritium launches new ‘scalable’ EV charging platform
Europe is Tritium’s fastest-growing market. (Representative Image) LONDON: Electric vehicle charging station maker Tritium said on Tuesday it is launching a new “scalable” platform so its customers can expand stations to charge more cars at once or change the speed at which they provide a charge. The new charging platform will hit the market in… Continue reading Tritium launches new ‘scalable’ EV charging platform