Category: News Site

Enterprise Relaunches Rideshare Service

Commute with Enterprise also provides 24-hour roadside assistance, insurance, and scheduled maintenance. Photo via Jaggery/Geograph. Enterprise Holdings recently launched Commute with Enterprise — an enhanced service of the Enterprise Rent-A-Car brand that offers a sustainable, comprehensive, and cost-effective local transportation option. This new name for the company’s vanpooling service (formerly known as Enterprise Rideshare) reflects its longtime mission: creating solutions that… Continue reading Enterprise Relaunches Rideshare Service

Suppliers Freudenberg, Benteler join forces in electric cars

Benteler will provide know-how on chassis and system integration and Vibracoustic expertise in reducing noise and vibration, the companies said. FRANKFURT: German car parts makers Benteler and Freudenberg Vibracoustic are joining forces in the development of parts for electric vehicles, the companies said on Thursday, amid a growing trend of companies in the sector cooperating… Continue reading Suppliers Freudenberg, Benteler join forces in electric cars

Honda’s China sales likely to catch U.S. sales in two-three years: CEO

A Honda Li Nian EV concept car is displayed during a media preview of the Auto China 2018 motor show in Beijing, China April 25, 2018. REUTERS/Jason Lee WUHAN, China (Reuters) – Honda’s sales in China are likely to catch up with its sales in the United States within two to three years and the… Continue reading Honda’s China sales likely to catch U.S. sales in two-three years: CEO

Tesla, Panasonic to seek productivity gains before new battery investments

TOKYO/BENGALURU (Reuters) – Panasonic Corp and Tesla Inc will continue to make new investments in the U.S. electric carmaker’s Gigafactory as needed, but believe they can squeeze more out of existing resources than previously planned, Tesla said on Thursday. The land of Tesla Gigafactory at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai, China… Continue reading Tesla, Panasonic to seek productivity gains before new battery investments

Tesla begins offering leases for Model 3

A car carrier trailer carries Tesla Model 3 electric sedans, is seen outside the Tesla factory in Fremont, California, U.S. June 22, 2018. REUTERS/Stephen Lam (Reuters) – Tesla Inc on Thursday started leasing out its Model 3 sedan in the United States, in a financing option that would increase the electric car maker’s customer base.… Continue reading Tesla begins offering leases for Model 3

Equity Shot: A deep dive into the Uber S-1

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. It’s time for another Equity Shot, a quick-take episode centered around a breaking news event. This time, as you already guessed, Kate Clark and I sat down to dig into the Uber S-1. It’s a huge, complex document,… Continue reading Equity Shot: A deep dive into the Uber S-1

Uber relies on Google Maps for its business and spent $58 million on it over three years (GOOGL, GOOG)

Uber filed to go public on Thursday, and its S-1 paperwork revealed that from the beginning of 2016 to the end 2018, Uber spent some $58 million on Google Maps — a function that is “critical to the functionality of our platform,” built in as it is to the company’s apps for riders and drivers… Continue reading Uber relies on Google Maps for its business and spent $58 million on it over three years (GOOGL, GOOG)

Tesla and Panasonic may pause Gigafactory expansion plans (TSLA)

Panasonic is studying further investments in battery production at its Gigafactory venture with Tesla Inc, the company said, responding to a media report that the two companies had frozen previous plans. Tesla shares fell 4.2 percent to $264.45 in premarket trading on Thursday. Giving no details of its sources, Japanese financial daily Nikkei reported earlier… Continue reading Tesla and Panasonic may pause Gigafactory expansion plans (TSLA)