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Briefing: Ant Financial’s Hellobike follows Mobike, Bluegogo in doubling Beijing rate

Jun 4, 2019 1 min read Chinese Bike-Sharing Rental Rates Go Up Since April, Hellobike Increases to RMB 4 Per Hour, Double that Weeks Ago -PingWest What happened: Following in the footsteps of Mobike and Bluegogo, Ant Financial-owned Hellobike recently doubled the rates for bike rentals in Beijing from RMB 2 to RMB 4 an… Continue reading Briefing: Ant Financial’s Hellobike follows Mobike, Bluegogo in doubling Beijing rate

VW initiates IPO of truck subsidiary Traton

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Now hopes are on Traton

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Investigators raided the Porsche CEO’s office

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Carmakers wrestle with diesel’s decline

Five years ago, Toyota took an unusual decision — not to fit its newly developed C-HR model with a diesel engine. At the time, diesel-fuelled cars accounted for half of all new vehicles sold across Europe and a higher percentage in the sport utility vehicle market. Half a decade later, that move looks prescient. Diesel… Continue reading Carmakers wrestle with diesel’s decline

Potsdam-based supply chain visibility platform Synfioo raises €2.5 million

Potsdam-based startup Synfioo is tackling the difficulties of non-transparent supply chains, by displaying real-time information for rail, air, and road transport to all companies involved on its cloud-based platform. The platform includes an algorithm that calculates possible sources of disruption on the transport route from large amounts of data, and alerts all parties involved at an early stage if necessary.

The startup is expanding its platform for monitoring intermodal supply chains with a new investment of €2.5 million. The funding comes from previous investors BFB Brandenburg Kapital and HPI Seed Fund, as well as business angels, btov’s Industrial Tech Fund and Senovo.

“Both the previous and the new investors are expressing their confidence in us in this way. This proves that we are on the right track. With the additional funds, we will now continue to build our brand. Our team will also be expanded to better support our customers,” said Marian Pufahl, CEO of Synfioo.

Synfioo..

Aptiv’s self-driving BMWs have made more than 50,000 rides on the Lyft app in Las Vegas

A little more than a year ago, self-driving software company Aptiv and Lyft launched a pilot project to test a robotaxi service — with human safety drivers still behind the wheel — in Las Vegas during the week of CES. That one-week pilot never ended. And now, the companies say they’ve given more than 50,000… Continue reading Aptiv’s self-driving BMWs have made more than 50,000 rides on the Lyft app in Las Vegas