Mahindra Electric Mobility a leading supplier and manufacturer of electric vehicle, components, and software solutions, which is among the founding partners of the first-ever World EV Day on September 9, has announced the global launch its popular MESMA 48 platform for light electric vehicles. The World EV Day is dedicated to raising awareness about global… Continue reading Mahindra Electric launches MESMA 48 platform for light EVs
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Ford severance packages offered to U.S. workers: Here are the details
Ford Motor Company plans to email employees on Tuesday details for severance packages with a goal of shedding at least 1,400 U.S. jobs by the end of 2020, and the Free Press has obtained details of the offer. The so-called “Voluntary Incentive Program” (VIP) provides a lump-sum cash severance payment for eligible employees who elect to, and… Continue reading Ford severance packages offered to U.S. workers: Here are the details
Lidar startup Ouster raises $42M in push to grow sales, diversify products
Lidar startup Ouster has spent the past several years expanding and improving its line of sensors as it jostles for a piece of the crowded and competitive market place. Now, Ouster says it has raised $42 million, fresh capital that will be used to fund product development and ramp up sales. In short: Ouster is… Continue reading Lidar startup Ouster raises $42M in push to grow sales, diversify products
Canada’s Unifor picks Ford as lead in Detroit Three contract talks
Detroit — Ford Motor Co. of Canada has been selected as the lead company with which the Unifor labor union will bargain as they negotiate with Detroit’s three automakers on new contracts. Unifor will bargain with Ford to establish a pattern for the four-year contracts that expire at 11:59 p.m. Sept. 21. The union on Tuesday selected Ford out… Continue reading Canada’s Unifor picks Ford as lead in Detroit Three contract talks
How Lucid Motors plans to spin Tesla-killing strategy out of air
“Peter I’m working for this guy called Elon Musk, and we are in deep s–-.” That’s how the phone call from Tesla model manager Dave Morris to engineer Peter Rawlinson began in 2009, when Morris needed help working on the prototype for a new electric car. Eventually, he lured Rawlinson to work at Tesla Inc.,… Continue reading How Lucid Motors plans to spin Tesla-killing strategy out of air
Europa Press: Wallbox buys Electromaps, the platform for access and payment to electric charging points000307
MADRID, Sep 8 (EUROPA PRESS) – The Spanish company for charging solutions for electric vehicles Wallbox has acquired the majority of the share capital of the also Spanish platform for access and payment to charging points Electromaps. As the firm has reported, this acquisition allows Wallbox to take a step forward in promoting and facilitating… Continue reading Europa Press: Wallbox buys Electromaps, the platform for access and payment to electric charging points000307
Nissan loan guarantee adds to questions over Renault alliance
Record backing by Japanese government brings more ambiguity over Ghosn saga Go to Source
Grab looks to raise up to $500m for fintech arm, sources say
Potential investors in the round include insurers Prudential and AIA Group. Go to Source
Uber Partners with CarTrawler for UK Vehicle Rentals
Uber previously trialed the rental scheme in Australia and France. Photo via Depositphotos. Uber users in the United Kingdon will soon be able to rent vehicles thanks to a new partnership with CarTrawler, The Verge reports. Through the “Uber Rent” button in the Uber app, users will be able to browse vehicles, select a rental… Continue reading Uber Partners with CarTrawler for UK Vehicle Rentals
Committing to a fully zero-emission fleet by 2040, Uber is dedicating $800 million to electrifying its drivers
Ride hailing giant Uber is committing to become a fully zero-emission platform by 2040 and setting aside $800 million to help get its drivers using electric vehicles by 2025. The company said that it would invest further in its micro-mobility options as well with the goal of having 100 percent of its rides take place… Continue reading Committing to a fully zero-emission fleet by 2040, Uber is dedicating $800 million to electrifying its drivers