Category: Automotive

Daimler takes back 100% of Car2Go

The Daimler Group has reached an agreement with Europcar to take over the shares held by the renter in the car-sharing service, Car2Go. Last step before the possibility of finalizing the project with BMW. The time of the merger between Car2Go and DriveNow car sharing services is getting closer. On March 1, 2018, Daimler announced… Continue reading Daimler takes back 100% of Car2Go

Allstate and Uber Team Up to Protect Riders and Drivers as Ridesharing Expands

NORTHBROOK, Ill., March 1, 2018 /PRNewswire/ — The right insurance protection is key, whether you’re a ridesharing passenger catching a ride or a driver using your car to offer rides. Allstate is partnering with Uber Technologies, Inc. to protect drivers and passengers by providing commercial auto coverage in Illinois, New Jersey and Wisconsin beginning March 1.… Continue reading Allstate and Uber Team Up to Protect Riders and Drivers as Ridesharing Expands

Chehaoduo, Formerly Guazi, Raises $818M Series C Round Led By Tencent

Chehaoduo, a Chinese auto retail services platform formerly known as Guazi, has raised US$818 million series C round of financing led by Tencent Holdings Ltd. New investors including ICBC International, Yunfeng Capital, FountainVest Partners, GIC, IDG Capital and Taihe Capital also participated in the latest round. Existing investors Sequoia Capital China, H Capital, DST Global,… Continue reading Chehaoduo, Formerly Guazi, Raises $818M Series C Round Led By Tencent

Uber launches Uber Health, a B2B ride-hailing platform for healthcare

Uber’s launching a new business line called Uber Health on Thursday that will provide a ride-hailing platform available specifically to healthcare providers, letting clinics, hospitals, rehab centers and more easily assign rides for their patients and clients from a centralized dashboard – without requiring that the rider even have the Uber app, or a smartphone.… Continue reading Uber launches Uber Health, a B2B ride-hailing platform for healthcare

EVgo simplifies, cuts electric-car fast charging prices nationwide

Follow John Nissan Leaf electric car at EVgo DC fast-charging station Enlarge Photo Over the next three years, numerous long-range electric cars will come to market at prices below $40,000. That will expand the pool of potential buyers to those interested in plug-in vehicles but unwilling to consider one rated at less than 200 miles.… Continue reading EVgo simplifies, cuts electric-car fast charging prices nationwide

Group restructuring: PSA boss Carlos Tavares prepares Opel for tough decisions

PSA boss Carlos Tavares “We do not dictate, we do not give guidance, I just ask questions – sometimes meaningful, sometimes stupid.” (Photo: Reuters) ParisCarlos Tavares is known as a tough guy. On Thursday at the annual press conference, the head of the auto company PSA (Peugeot, Citroën, Opel) gave even more unforgiving: “We must… Continue reading Group restructuring: PSA boss Carlos Tavares prepares Opel for tough decisions