Bolt (formerly known as Taxify), an Estonian transportation platform that focuses on urban travel, received an investment from venture capital firm NordicNinja VC. The amount of the deal was not disclosed. The company intends to use the funds to continue to expand operations and its business reach. Launched in 2013 by Markus Villig, Bolt is… Continue reading Bolt Receives Investment from NordicNinja VC
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Congress AUTOHAUS explosive Processes 4.0: “Down costs, more time for the customer!”
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In brief: Grab to invest ‘several hundred million dollars’ in Vietnam
Vietnam ranks third or fourth among Grab’s top markets, company president Ming Maa said. Go to Source
Tata Motors defers planned fundraise of up to $1.5b
Tata Motors Ltd has indefinitely deferred a planned fundraise of up to $1.5 billion in foreign currency loans after failing to garner sufficient interest from potential lenders, two people directly aware of the development said, requesting anonymity. The funds were to be raised by a Singapore-based entity of Tata Motors to refinance existing loans of Tata Motors… Continue reading Tata Motors defers planned fundraise of up to $1.5b
Nissan’s Infiniti names new design chief as another non-Japanese executive exits
The logo of Infiniti, Nissan Motor’s premium brand, is seen at its Global Design Center in Atsugi, Japan, April 18, 2018. REUTERS/Toru Hanai BEIJING (Reuters) – Nissan Motor Co’s (7201.T) premium brand Infiniti said it has named Taisuke Nakamura as its new design chief, replacing Karim Habib who resigned from the post. Canadian designer Habib,… Continue reading Nissan’s Infiniti names new design chief as another non-Japanese executive exits
Tesla scouting sites for possible factory in Germany’s NRW: Rheinische Post
FILE PHOTO: A Tesla car is seen in Santa Monica, California, United States, October 23, 2018. REUTERS/Lucy Nicholson/File Photo FRANKFURT (Reuters) – Electric carmaker Tesla (TSLA.O) is scouting out locations for a possible factory in the German state of North Rhine-Westphalia (NRW), Germany’s most populous state, daily Rheinische Post reported on Sunday, citing people familiar… Continue reading Tesla scouting sites for possible factory in Germany’s NRW: Rheinische Post
Driving Volkswagen’s all-electric ID Buggy concept
The VW electric ID Buggy concept is delightful and bright, stout and smiling. It’s a vehicle fit for the sunshine and sand dunes, or perhaps a less committing slow roll along the beach. And so my first drive in a prototype of the all-electric buggy — along the coast near Spanish Bay in Monterey, Calif.,… Continue reading Driving Volkswagen’s all-electric ID Buggy concept
Shell installs first ABB EV fast charger in Singapore
Shell subsidiary Greenlots has installed an ABB DC fast charger in Singapore, the first of 10 to be installed at Shell stations in the country over the next few months. Singapore has amped up its efforts to establish an EV infrastructure in anticipation of increased demand. In October, it attracted Dyson to open an EV… Continue reading Shell installs first ABB EV fast charger in Singapore
Zwickau becomes electric
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Tesla Expands Car Sales To Poland, Hungary, Romania And Slovenia
Tesla customers can now order the Model 3, Model S and Model X also in Poland, Hungary, Romania and Slovenia. Tesla just announced the start of electric car sales in four new European markets – Poland, Hungary, Romania and Slovenia. Those Eastern Europe countries were added late because they are not big volume markets for… Continue reading Tesla Expands Car Sales To Poland, Hungary, Romania And Slovenia