The Jaguar I-Pace made headlines at the New York International Auto Show by winning the World Car of the Year Award, as well as the organization's awards for Design of the Year and Green Car of the Year. However, the I-Pace isn't winning where it counts: at the dealership. The Jaguar all-electric crossover SUV has sold just 608 units in the U.S…
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India Dealbook: Quick Ride raises VC money, Omnivore closes second fund at $97m
April 25, 2019 Sequoia Capital, Naspers and Venture Highway have invested Rs 100.78 crore ($14.4 million) in car- and bike-pooling startup Quick Ride to help the company expand its operations. Meanwhile, Impact investment fund Omnivore announced the close of its second fund at $97 million, higher than its target of $75 million. Sequoia, Naspers, Venture… Continue reading India Dealbook: Quick Ride raises VC money, Omnivore closes second fund at $97m
Uber back on the road in Slovakia after court ban
BRATISLAVA, April 25 (Reuters) – Uber resumed operations in Slovakia’s capital Bratislava on Thursday, a year after a court ban, the ride-hailing company said. A Slovak court ordered Uber to suspend its operations in March 2018 amid taxi drivers’ protests that the service represented unfair competition. Slovakia has since passed legislation that allows Uber to… Continue reading Uber back on the road in Slovakia after court ban
India Dealbook: Vue.ai, Leadstart, EnKash, Sensivision, Kozhnosys raise early-stage funding
April 25, 2019 AI start-up Vue.ai, publishing firm Leadstart Publishing and EnKash, a B2B payments management and automation platform, join the burgeoning list of elite startups to raise capital, signalling an increased investor interest in the sector. And they are not the only ones. As many as two medical devices startups also garnered funds to… Continue reading India Dealbook: Vue.ai, Leadstart, EnKash, Sensivision, Kozhnosys raise early-stage funding
PSA quarterly revenue declines as sales collapse in Iran and China
French carmaker PSA Group said first-quarter revenue fell 1.1 percent, as sales continued to decline in China and were also impacted by the Peugeot maker’s withdrawal from Iran. Go to Source
Tesla Model Y might be made in California after all
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Allison Transmission unveils compact, advanced e-axle ultra-low floor electric bus powertrain
Allison Transmission unveils compact, advanced e-axle ultra-low floor electric bus powertrain
Ex-Nissan boss Ghosn to walk free again after posting $4.5 million bail
TOKYO (Reuters) – Former Nissan Motor Chairman Carlos Ghosn was set to walk out of a Japanese detention center for a second time since his arrest last year on financial misconduct charges, after posting the $4.5 million bail set by a Tokyo court on Thursday. FILE PHOTO : Former Nissan Motor Chairman Carlos Ghosn sits… Continue reading Ex-Nissan boss Ghosn to walk free again after posting $4.5 million bail
A Hacker Says He Can Kill Your Car’s Engine While You’re Driving
Car Hacks A hacker recently demonstrated that he could access two popular vehicle-monitoring apps that let him monitor where the cars were located, access drivers’ private information, and even kill the engines remotely. The hack targeted two apps, iTrack and ProTrack, that companies can use to monitor their fleets of vehicles, according to Motherboard. The attack, which… Continue reading A Hacker Says He Can Kill Your Car’s Engine While You’re Driving
Panasonic may upgrade Japan plant to make advanced Tesla batteries -source
FILE PHOTO: Panasonic Corp’s logo is pictured at Panasonic Center in Tokyo, Japan, Feb. 2, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Panasonic Corp may upgrade one of its battery plants in Japan to produce advanced-format battery cells for Tesla Inc if needed by the U.S. electric vehicle (EV) maker, a person familiar with the matter… Continue reading Panasonic may upgrade Japan plant to make advanced Tesla batteries -source