Wheels, which recently paused its shared bike service to limit the spread of COVID-19, is making its pedal-less e-bikes available for gig workers, restaurants, non-profits or any other people who do their own deliveries. What’s different about these bikes is they will come with self-cleaning NanoSeptic handlebars and brake levers. NanoSeptic’s technology, which is powered by… Continue reading Wheels is deploying e-bikes with self-cleaning handlebars and brake levers
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Car maker PSA wants to restart two French plants, unions disagree
FILE PHOTO: The logo of PSA Group is seen during the annual results news conference in Rueil-Malmaison, near Paris, France, February 26, 2020. REUTERS/Benoit Tessier PARIS (Reuters) – French car maker PSA, (PEUP.PA) which makes the Peugeot and Citroen brands, said on Friday it had presented health measures to its unions with a view to… Continue reading Car maker PSA wants to restart two French plants, unions disagree
Ineos Grenadier’s bare bones shown off – Motoring
Ineos Grenadier’s bare bones shown off Motoring Go to Source
Ineos Automotive reveals its Defender-like Grenadier SUV in greater detail – Forma car News
Ineos Automotive has revealed some of the principal specs of its upcoming Grenadier SUV, which openly takes after the Land Rover Defender classics. Four years ago, just as the first-gen Defender went out of production, Ineos CEO Jim Ratcliffe contacted Jaguar Land Rover asking to buy the production rights. Facing refusal, he decided to design… Continue reading Ineos Automotive reveals its Defender-like Grenadier SUV in greater detail – Forma car News
Volkswagen’s Skoda extends Czech factory outages to April 14
FILE PHOTO: Workers leave Skoda Auto factory after the company stopped the production for the next two weeks to prevent the spread of the coronavirus disease (COVID-19) in Mlada Boleslav, Czech Republic, March 18, 2020. REUTERS/David W Cerny/File Photo PRAGUE (Reuters) – Czech carmaker Skoda Auto, part of the Volkswagen Group (VOWG_p.DE), will extend a… Continue reading Volkswagen’s Skoda extends Czech factory outages to April 14
Kia Motors appoints Ho-sung Song as its new President
Ho-sung Song will spearhead the advancement of ‘Plan S’, Kia’s mid- to long-term growth strategy. He replaces Han-woo Park, who will move on to an advisory role and continue to support Kia’s business Kia Motors Corporation today announced the elevation of Ho-sung Song, Head of Global Operations Division, to the President of the organisation. He… Continue reading Kia Motors appoints Ho-sung Song as its new President
EDAG develops crash proof aluminium alloy for 3D printing
EDAG Group, the leading engineering service provider believes additive production has huge undisputed potential for revolutionising the production of the future and at the same time achieving new dimensions for lightweight construction. At present, the aluminium alloys available do not yet fulfil the high demands required for them to be suitable for use in the… Continue reading EDAG develops crash proof aluminium alloy for 3D printing
Toyota seeks $9.2 billion credit line from Sumitomo Mitsui, MUFG Bank: Kyodo
FILE PHOTO: A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su TOKYO (Reuters) – Toyota Motor Corp (7203.T) has sought a credit line totaling 1 trillion yen ($9.23 billion) from Sumitomo Mitsui Banking Corp and MUFG Bank as fund-raising costs rise on the back… Continue reading Toyota seeks $9.2 billion credit line from Sumitomo Mitsui, MUFG Bank: Kyodo
Indonesia’s Kargo Technologies bags investment from Coca Cola’s VC arm Amatil X
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading Indonesia’s Kargo Technologies bags investment from Coca Cola’s VC arm Amatil X
GM CFO says automaker must cut costs to avoid ‘serious damage’
WASHINGTON, March 26 (Reuters) – General Motors Chief Executive Mary Barra and Chief Financial Officer Dhivya Suryadevara told employees on Thursday the company needed to take immediate aggressive steps to cut costs. On a webcast, Suryadevara warned “if we don’t take significant austerity measures we will do serious damage to the long-term viability of our… Continue reading GM CFO says automaker must cut costs to avoid ‘serious damage’