Renault has managed to outdo the craziness of the Mercedes F 015 concept with its own driverless concept electric car, the EZ-GO. Unveiled at the Geneva Motor Show, it’s a Level 4 autonomous urban EV with a top speed of just 30MPH. Six passengers enter through the massive front door and can see everything (and… Continue reading Renault’s EZ-GO electric car is ridesharing for the masses
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CO2 emissions of the fleet lowered: BMW will build new Tesla Jäger i4 in Munich
All articles and backgrounds 06/03/2018 CO2 emissions of the fleet lowered BMW will build new Tesla Jäger i4 in Munich BMW / Julian Robinet BMW has a new electric car in the works: And the BMW i4 will be built, assures the CEO Harald Krüger BMW lowered the average CO2 emissions of its new-car fleet… Continue reading CO2 emissions of the fleet lowered: BMW will build new Tesla Jäger i4 in Munich
Morgan Plus 8 50th Anniversary launched
Morgan is marking the 50th year of its Plus 8 sports car with a new special edition of which just 50 examples will be produced. Revealed at the Geneva motor show, the new 50th Anniversary model will be among the very last cars to use a BMW N62 V8 engine, which bows out with the… Continue reading Morgan Plus 8 50th Anniversary launched
India: Temasek said to be in talks to invest in SoftBank-backed Ola
March 6, 2018 After speculations of Japanese investment giant SoftBank wanting to pump in more funds in Indian ride hailing major Ola, Singapore’s sovereign wealth fund Temasek is now reportedly in talks to invest in the Uber rival. According to a report in The Economic Times quoting sources, Temasek and other investors are looking to invest… Continue reading India: Temasek said to be in talks to invest in SoftBank-backed Ola
China Dealbook: Xingyuan Auto, BestSign, Interhouse.cn, Kaochong fundraise
March 6, 2018 Beijing Xingyuan Automotive Information Technology Co., an internet-based provider of services for the auto industry, has raised $79 million in a Series A round of funding led by Qiangwei Holdings, and Guoxing Fund. Other Chinese startups to raise fresh funding include BestSign, Interhouse.cn, and Kaochong, CMN reported. Xingyuan Auto secures $79m funding Beijing… Continue reading China Dealbook: Xingyuan Auto, BestSign, Interhouse.cn, Kaochong fundraise
Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources
LONDON/FRANKFURT/MILAN (Reuters) – Fiat Chrysler Automobiles NV (FCA) (FCHA.MI) is looking to spin off auto-parts business Magneti Marelli to its shareholders via a Milan listing that will not raise money by selling new shares, four sources familiar with the matter said. FILE PHOTO: A screen displays the ticker information for Fiat Chrysler Automobiles NV at… Continue reading Exclusive: Fiat Chrysler to spin-off Magneti Marelli without raising money – sources
Jaguar I-Pace First Edition 2018 first drive
For a while I watch others drive, noting the reluctance of this long wheelbase, ultra low-centre of gravity car to roll its body, or slide, or do anything very much except squeal its tyres in extremis and go where it is steered. It does indeed change direction brilliantly – you can see that with the… Continue reading Jaguar I-Pace First Edition 2018 first drive
Used car site Vroom lays off staff, 25%-50% says source, as it halts Dallas and Indiana operations
Vroom, an on-demand car buying and selling startup that has raised over $300 million in venture funding, has hit a bump in the road. TechCrunch has learned and confirmed that the company has laid off a sizeable proportion of its staff — in line with a strategy of “sharpening our focus on profitability,” according to… Continue reading Used car site Vroom lays off staff, 25%-50% says source, as it halts Dallas and Indiana operations
May Mobility CEO: We’ll Beat Waymo, Uber, and Cruise to Market
When we spoke with Ed Olson, CEO of May Mobility, in January, he told us that his driverless-vehicle company had raised a little over $11 million in seed funding in 2017. Last week, May disclosed more details about its $11.5 million seed round: it was led by venture investment arms of Toyota and BMW, and… Continue reading May Mobility CEO: We’ll Beat Waymo, Uber, and Cruise to Market
IONITY Debuts 350 kW Ultra-Fast Charging Station
[embedded content] IONITY is set to unveil at the 2018 Geneva Motor Show a design concept of its ultra-fast charging stations. The IONITY charging station design concept The concept looks gorgeous if you ask us – there’s everything needed for the ultimate, future-proof 350 kW power level. BMW, Daimler, Ford, Volkswagen, Audi and Porsche (Volkswagen… Continue reading IONITY Debuts 350 kW Ultra-Fast Charging Station