August 6, 2018 Bus aggregator ZipGo Technologies Pvt. Ltd is in advanced talks to raise $50 million from Essel Group, a person familiar with the matter said. ZipGo wants fresh capital to grow its presence in India from the current 10 cities, the person who didn’t wish to be named told Mint. The Bengaluru-based company… Continue reading Bus aggregator ZipGo in talks to raise funding from Essel Group
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EV Connect Closes $8 Million Financing Round
6 M BY MARK KANE EV Connect announced that it has closed an $8 million financing round led by Ecosystem Integrity Fund, with participation by Montage Capital and existing investors. The company, established in 2009, is supplying charging solution to Southern California Edison (SCE), Pacific Gas and Electric Company (PG&E) and Electrify America among others.… Continue reading EV Connect Closes $8 Million Financing Round
UK Will Require EV Chargers At Newly Built Homes, Lampost Chargers Too
Electric car charging points will also be installed in newly built houses. Under the Road to Zero Strategy, which was announced today, the government will invest £400 million in charging infrastructure. This investment includes a £40 million scheme to develop low-cost wireless and on-street charging technology, as well as providing grants of up to £500… Continue reading UK Will Require EV Chargers At Newly Built Homes, Lampost Chargers Too
Trump trade war will add $3,000 to price of some popular pickup trucks, minivans, Toyota says
The Trump administration’s trade war will make Toyota pickup trucks and minivans more expensive, adding about $3,000 to the sticker price of some of its best-selling automobiles, Toyota executives said after reporting record profits Friday.
LeasePlan and Allego offer new home-to-office charging service
Car sharing firm LeasePlan and charging solution provider Allego have announced a new partnership to provide LeasePlan EV customers with access to personal chargers at home and at work. The charge points are designed to enable drivers to be automatically reimbursed for load balancing services provided to utilities. The scheme will initially be rolled out… Continue reading LeasePlan and Allego offer new home-to-office charging service
UPDATE 1-GM seeks to exclude China-made Buick SUV from tariff
(Reuters) – General Motors Co (GM.N) is seeking an exemption to a 25 percent U.S. tariff on its Chinese-made Buick Envision sport utility, the automaker said on Thursday, in a move to prevent the key model in the brand’s U.S. lineup from becoming a victim of the U.S.-China trade war. FILE PHOTO: General Motors Co.… Continue reading UPDATE 1-GM seeks to exclude China-made Buick SUV from tariff
Vauxhall Insignia range boosted with new petrol engine
The Vauxhall Insignia Grand Sport hatch and Sports Tourer estate are both now available with a turbocharged 1.6-litre petrol engine. The new unit is on sale now, priced from £25,610. With 197bhp and 280Nm of torque, the new four-cylinder motor joins an extensive range of petrol and diesel engines. It sits above the entry-level 1.5… Continue reading Vauxhall Insignia range boosted with new petrol engine
Earnings boosted: “It’s hard to believe” – VW return on Toyota level
All articles and backgrounds 08/03/2018 Earnings boosted “It’s hard to believe” – VW returns close to Toyota DPA Volkswagen headquarters in Wolfsburg Toyota In terms of earning power, it ties in with earlier heydays. The Japanese group increased its operating profit in its first quarter by just under one-fifth to the equivalent of around 5.3… Continue reading Earnings boosted: “It’s hard to believe” – VW return on Toyota level
Tesla Model S and X reportedly to get minimalist Model 3 interior
Apparently the problem with the Tesla Model S and Model X was that they’re too normal. They have a separate instrument cluster—a digital one—behind the steering wheel and a few solid controls. Tesla must think that’s too much. The company is designing a new interior for them that looks a lot like the one in… Continue reading Tesla Model S and X reportedly to get minimalist Model 3 interior
Volkswagen: former VW boss Winterkorn was allegedly already inaugurated in 2007 in exhaust gas manipulation
Martin Winterkorn According to a media report, the former VW boss in the investigation file is more heavily loaded. (Photo: AP) WolfsburgThe former VW-Boss Martin Winterkorn could already have been informed in 2007 about the exhaust gas manipulation in the group. This is reported by the magazine “Der Spiegel” on Friday citing witness testimony in… Continue reading Volkswagen: former VW boss Winterkorn was allegedly already inaugurated in 2007 in exhaust gas manipulation