Drivy Expands Carsharing in UK

Photo: Drivy Drivy, a European carsharing service for unused vehicles, launched in London, with plans to expand throughout the U.K., according to Fleet World. Drivy launched with 450 vehicles in London and also operates in France, Germany, Spain, Austria, and Belgium. The service rents both private and business vehicles to customers. Drivy users can access… Continue reading Drivy Expands Carsharing in UK

Nissan to introduce 20 new electric models to China within five years

The Nissan Leaf full electric vehicle. [Photo provided to chinadaily.com.cn] TIANJIN – Japanese automaker Nissan will launch 20 new electric vehicles (EVs) in China in the next five years, the company announced on Wednesday at the on-going Beijing International Automotive Exhibition. Jose Munoz, chairman of Nissan’s China management committee,said that Nissan will open a new… Continue reading Nissan to introduce 20 new electric models to China within five years

San Francisco proposes rules to fight its electric scooter epidemic

Justin Sullivan/Getty Images San Francisco officials have been promising rules to curb the invasion of electric scooters, and now we have an idea of what those rules could be. The Municipal Transportation Agency has proposed a two-year permitting test program that would limit the city to five e-scooter permits, and no more than 500 scooters… Continue reading San Francisco proposes rules to fight its electric scooter epidemic

BRIEF-China Automotive Systems’ Unit Enters JV Contract With KYB China

April 27 (Reuters) – China Automotive Systems Inc: * CHINA AUTOMOTIVE SYSTEMS INC – ON APRIL 27, UNIT OF CO ENTERED INTO A JOINT VENTURE CONTRACT WITH KYB (CHINA) INVESTMENT CO., LTD – SEC FILING * CHINA AUTOMOTIVE – HENGLONG, KYB WILL ESTABLISH A JOINT VENTURE COMPANY, HUBEI HENGLONG KYB AUTOMOBILE ELECTRIC STEERING SYSTEM CO.,… Continue reading BRIEF-China Automotive Systems’ Unit Enters JV Contract With KYB China

Opel works council blocks severance program

The voluntary severance package at Opel is apparently well received. The works council sees the future of the automaker endangered – and provisionally denies its approval. Opel plant in Kaiserslautern (archive) Friday, 27.04.2018 14:05 clock at Opel the dispute over the voluntary redundancy program is escalating. The works council provisionally refuses to approve current contracts.… Continue reading Opel works council blocks severance program

Imec Solid-State Battery Is On Track For 2024 Release – 1000Wh/L at 2C

5 M BY MARK KANE Imec, the Belgium-based research and innovation hub vested in nanoelectronics and digital technologies, announced progress in next-gen solid-state batteries for EVs. The company recently developed a prototype cell with energy density of 200 Wh/liter at a charging speed of 0.5C (2 hours). Read Also – Continental Eyes Entry Into Battery… Continue reading Imec Solid-State Battery Is On Track For 2024 Release – 1000Wh/L at 2C

Baidu Sets Up $500M Internet, Artificial Intelligence Fund

China’s search engine giant Baidu Inc. has announced plans to set up a new fund worth of US$500 million in its first phrase to invest in Internet and artificial intelligence start-ups.  The fund, named Changcheng Investment Partners, will be the third such fund established by Baidu. In 2016, Baidu set up Baidu Ventures, which raised… Continue reading Baidu Sets Up $500M Internet, Artificial Intelligence Fund

France’s BlaBlaCar acquires carpool startup Less in ongoing ridesharing consolidation

The ongoing trend of consolidation in the world of ridesharing continues apace, with the latest development coming out of Europe. BlaBlaCar, the French carpooling platform, is acquiring Less, a young carpooling platform based in Paris and focusing only on urban rides, paying drivers on a per-kilometer rate to incentivize them. The financial terms are not… Continue reading France’s BlaBlaCar acquires carpool startup Less in ongoing ridesharing consolidation

Combustion and electric drive: Conti checks IPO of its drive division

All articles and backgrounds 04/27/2018 Combustion and electric drive Conti checks IPO of its drive division DPA Continental: Possible tripartite conversation The auto supplier Continental is considering outsourcing its propulsion business and taking some of it to the stock market. CEO Elmar Degenhart said on Friday before the shareholders, Conti continue to expand the division,… Continue reading Combustion and electric drive: Conti checks IPO of its drive division

Porsche will build network of 500 fast chargers for its Mission E electric cars

Porsche Mission E Concept – 2015 Frankfurt Auto Show live photos Enlarge Photo Porsche is getting its dealerships on board with selling electric cars, in preparation for its upcoming Mission E electric sedan, by insisting that each of the company’s 189 U.S dealerships install fast charger with enough juice to charge the car’s big, 300-mile… Continue reading Porsche will build network of 500 fast chargers for its Mission E electric cars