German Handelsblatt: Car manufacturer: Daimler feels the market recovery – operating profit higher than expected000552

Daimler logo The Daimler share rose four percent after the trading day. (Photo: obs) Berlin, Stuttgart According to its own information, the car manufacturer Daimler has experienced a faster market recovery than expected and recorded strong business development, especially in September. The strict cost discipline and the other measures to increase efficiency also had an… Continue reading German Handelsblatt: Car manufacturer: Daimler feels the market recovery – operating profit higher than expected000552

Getaround Raises $140M, Announces C-Suite Hires

The money raised from this round will help fund connected car technology research, expand partnerships, and improve offerings to users.  Photo via Depositphotos. Peer-to-peer carsharing group Getaround launched its $140 million Series E financing round, the company announced. This round is being led by PeopleFund and also includes financing from Reinvent Capital, Menlo Ventures, SoftBank, Braemar… Continue reading Getaround Raises $140M, Announces C-Suite Hires

Porsche commits to Responsible Mica Initiative

German sports car manufacturer Porsche has joined the ‘Responsible Mica Initiative’ (RMI), a cross-industry coalition of international companies and non-governmental organisations campaigning for transparency and improved working conditions in mica mining. The raw material is used in numerous industrial and cosmetic products. With this announcement, Porsche becomes the second automotive brand after Daimler AG to… Continue reading Porsche commits to Responsible Mica Initiative

BMW India launches 2 Series Gran Coupe at Rs 39.30 lakh

The BMW 2 Series Gran Coupe has been launched in India, just in time for the festive season. The German marque’s first-ever, small, four-door coupé, which made its international debut just a year ago, slots in below the 3 Series sedan in the company’s portfolio. The BMW 2 Series Gran Coupe introductory prices start at Rs 39.30 lakh for the… Continue reading BMW India launches 2 Series Gran Coupe at Rs 39.30 lakh

Ampere Electric to supply electric scooters to eBikeGO, initial order for 2,000 units

Ampere Electric, a wholly-owned subsidiary of Greaves Cotton has partnered with Mumbai-based EV subscription platform start-up eBikeGo. The announcement comes within five days of Ampere partnering with Bangalore-based bike rental provider Bounce. With this tie-up, Ampere Electric says it has further strengthened its presence in the fast growing B2B shared mobility service segment. Speaking on… Continue reading Ampere Electric to supply electric scooters to eBikeGO, initial order for 2,000 units

Tesla will start making seven-seater Model Ys next month

Sponsored Links RoschetzkyIstockPhoto via Getty Images We’ve been hearing about a three-row, seven seat version of Tesla’s Model Y crossover since before it was officially announced, but now Elon Musk says it’s almost here. For those who want to transport more people inside Tesla’s smaller electric SUV, the exec tweeted that production will begin next… Continue reading Tesla will start making seven-seater Model Ys next month

Elon Musk Slashes Tesla Model S Price to $69,420

Nice Elon Musk announced on Twitter today that the Tesla Model S “Long Range” sedan is getting a price cut to $69,420 — the weed number and the sex number combined, in Musk’s signature puerile humor. The move is aimed squarely at Tesla competitor Lucid, which announced today that the base model of its Air… Continue reading Elon Musk Slashes Tesla Model S Price to $69,420

Europa Press: Ford Delays US Release of Plug-in Hybrid Escape Following Kuga000641 Issues

MADRID, 14 Oct. (EUROPA PRESS) – The car firm Ford has delayed the launch of its new plug-in hybrid Escape SUV in the United States (USA) after this summer the European Union (EU) called a review of the plug-in hybrid versions of the Kuga due to the risk of fire during your recharge. Although the… Continue reading Europa Press: Ford Delays US Release of Plug-in Hybrid Escape Following Kuga000641 Issues