Following the signing of an MoU with the Tamil Nadu government to build a new 400,000 square foot factory in Hosur, EV start-up Ather Energy is looking to aggressively scale up its operations across the country. As a part of its expansion plan, the company is planning to take Ather Space, its flagship experience centre… Continue reading Ather Energy scouts for dealer-partners to set up experience centres across India
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Nio reveals third production car, EC6 coupe SUV
Ambitious Chinese firm Nio has unveiled the EC6 coupé SUV, which will be the electric start-up’s third production car when it goes on sale later this year. The new machine, which is based on the similarly sized ES6 SUV, was previewed at the firm’s Nio Day in Shenzhen, China. The EC6 line-up will feature a range-topping ‘Performance’… Continue reading Nio reveals third production car, EC6 coupe SUV
Careem’s CEO ribbed Uber for making a rookie error in the Middle East. Uber just paid $3.1 billion to buy it.
Uber’s $3.1 billion acquisition of Careem, a major rival in the Middle East, closed on Friday after being announced in March. For Uber, it’s a way to buy dominance in a fiercely competitive region. Careem has built a moat to keep out Western competition, founder and CEO Mudassir Sheikha told Business Insider in a 2018… Continue reading Careem’s CEO ribbed Uber for making a rookie error in the Middle East. Uber just paid $3.1 billion to buy it.
Air Taxi Takes to the Sky(scrapers)
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Aiways Starts Volume Production Of U5 In China
Aiways, one of the many Chinese EV startups, announced the start of volume production of its first all-electric car model, the mid-size SUV Aiways U5. The company produces its cars in Shangrao, China, in a brand new, €1.73 billion ($1.94 billion) purpose-built manufacturing plant, which was built in only 14 months, which is quite an… Continue reading Aiways Starts Volume Production Of U5 In China
CES 2020: Osram and Rinspeed Technologies in MetroSnap Vehicle – AiThority
Smart Lighting Solutions Help Pave Way for a Mobility Future That Is Healthier, Safer and More Connected. CES 2020 – Osram, a global high-tech lighting company, is proud to announce it is the exclusive lighting supplier for MetroSnap, the latest concept vehicle from Rinspeed, a Switzerland-based creative think tank famous for its vision. This is the fourth… Continue reading CES 2020: Osram and Rinspeed Technologies in MetroSnap Vehicle – AiThority
RinSpeed’s MetroSnap Concept Is An Autonomous Vehicle With Swappable Passenger And Cargo Pods – CarScoops
RinSpeed has unveiled the MetroSnap concept, ahead of its debut at CES. Following in the footsteps of the previous Snap and microSnap concepts, the MetroSnap is a “modular mobility system” that features a skateboard chassis as well as passenger and cargo pods. The pods can be swapped in a matter of seconds and this allows… Continue reading RinSpeed’s MetroSnap Concept Is An Autonomous Vehicle With Swappable Passenger And Cargo Pods – CarScoops
Chinese EV maker Lixiang files for U.S. IPO of at least $500 million: sources
HONG KONG/BEIJING (Reuters) – Chinese electric vehicle maker Lixiang Automotive has filed for a U.S. initial public offering, aiming to raise at least $500 million, said two people with direct knowledge of the matter, joining peers seeking to finance growth through stock listings. A man visits a showroom of Lixiang Automotive in Beijing, China January… Continue reading Chinese EV maker Lixiang files for U.S. IPO of at least $500 million: sources
Diesel lawsuits: VW diesel process: what complicates the comparative talks
Braunschweig Higher Regional Court The fronts between the parties to the dispute were still hardened in the first negotiations. (Photo: AP) Düsseldorf, Berlin Always has Volkswagen noted that the United States and Germany are not comparable. There have been violations of the law by diesel manipulation on the American car market, but not in this… Continue reading Diesel lawsuits: VW diesel process: what complicates the comparative talks
After Tesla’s record year in Norway, rivals gear up for 2020
FILE PHOTO: A 2018 Tesla Model 3 electric vehicle is shown in this photo illustration taken in Cardiff, California, U.S., June 1, 2018. Picture taken June 1, 2018. REUTERS/Mike Blake/File Photo OSLO (Reuters) – The sale of new electric cars in Norway rose by 30.9% last year amid soaring demand for Tesla Inc’s (TSLA.O) vehicles,… Continue reading After Tesla’s record year in Norway, rivals gear up for 2020