Bharti Airtel on Monday said that it has acqui-hired Gurgaon-based start-up Quikmile, which focuses on building tech-enabled logistics platforms for India. The telecom major said that Quikmile’s team will now be a part of Airtel X Labs (Airtel’s digital innovation lab), which focuses on Internet of Things, Digital Engineering, Artificial Intelligence, and Machine Learning. Airtel… Continue reading Airtel acquihires Gurugram-based logistics platform Quikmile
Category: News Site
Fiat Chrysler is shopping for EV tech from damaged startups like Faraday Future
In October, Fiat Chrysler CEO Mike Manley told investors that he’s open to making cars powered by other companies’ electric vehicle technology. But Fiat Chrysler (FCA), which owns brands like Jeep and Dodge, is doing more than just considering the idea. The Verge has learned the automaker is in talks with at least two distressed… Continue reading Fiat Chrysler is shopping for EV tech from damaged startups like Faraday Future
UPDATE 1-Japan’s Hitachi nears deal to sell chemical unit to Showa Denko -Nikkei
FILE PHOTO: A logo of Hitachi Ltd. is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of Advanced Technologies) at the Makuhari Messe in Chiba, Japan, October 2, 2017. REUTERS/Toru Hanai TOKYO (Reuters) – Japanese conglomerate Hitachi Ltd (6501.T) is nearing a deal to sell its 51% stake in Hitachi Chemical Co Ltd (4217.T) to… Continue reading UPDATE 1-Japan’s Hitachi nears deal to sell chemical unit to Showa Denko -Nikkei
Indian bus aggregator Shuttl raises $18m in Series C round
App-based bus aggregator Shuttl on Monday raised $18 million from SPARX Group (through its Mirai Creation Fund II) and Toyota Tsusho Corporation, as part of its Series C round of funding. Shuttl, which has been on an expansion spree from the past several months, had recently announced the launch of its technology centre in Bengaluru along with… Continue reading Indian bus aggregator Shuttl raises $18m in Series C round
Coup shuts down its electric moped scooter service
Coup, an electric moped scooter-sharing service that operates in Berlin, Paris and Berlin, has announced in an email that it is going to shut down in all three cities. On Twitter, the company says that operating the service is “economically unsustainable” in the long term. “We plan to discontinue our service in Berlin and Tübingen… Continue reading Coup shuts down its electric moped scooter service
Dealership group rushes judgment on Audi e-tron sales, patience required
Roger Penske, CEO of Penske Automotive Group, told analysts last month that the Audi e-tron is not selling as fast as he would like. But 4,000 sales over the past half-year for a relatively unknown new, luxury EV seems about right. In February, Audi announced that it had 20,000 reservations worldwide for its e-tron electric SUV. That… Continue reading Dealership group rushes judgment on Audi e-tron sales, patience required
Cybertruck is Tesla’s last product for ‘awhile’ but Elon teases tech announcements
Elon Musk says that Tesla is going to stop unveiling new products for “a while”, but the CEO is also teasing some upcoming technology announcements. Tesla had ramped up product unveilings lately with 2 major unveiling events this year: The Model Y event in March and the Cybertruck event last week. After the event, Musk… Continue reading Cybertruck is Tesla’s last product for ‘awhile’ but Elon teases tech announcements
Tesla wants to use laser beams to automatically clean debris off cars – Yes really
Tesla has been working on a technology consisting of laser beams installed on vehicles, and other products, to automatically clean debris off the windshield of its cars. No, I am not kidding. If you thought that Tesla’s Cybertruck was futuristic, wait until you hear about this new technology that Tesla has been developing, which basically… Continue reading Tesla wants to use laser beams to automatically clean debris off cars – Yes really
MG Motor UK adds new West Wales dealership to its network
MG Motor UK has added OC Davies Group to its UK network. The Cardigan dealership builds on the group’s West Wales presence, with existing MG sites in Carmarthen and Neyland, and takes MG’s Welsh dealer count up to 11 locations. Morlais Davies, OC Davies managing director, says: “It’s been fantastic to see our existing dealerships… Continue reading MG Motor UK adds new West Wales dealership to its network
DHL to debut zero-emission electric delivery vans in U.S. cities
LOS ANGELES (Reuters) – Deutsche Post DHL Group’s StreetScooter electric vehicle unit will enter the U.S. market next year as delivery firms and municipalities work to cut greenhouse gas emissions. FILE PHOTO: Achim Kampker (L), Chief Executive Officer (CEO) of electric delivery van maker StreetScooter GmbH, a subsidiary of German postal and logistics group Deutsche… Continue reading DHL to debut zero-emission electric delivery vans in U.S. cities