Hyundai Motor Company introduced its fuel cell electric vehicle, which is the signature vehicle for eco-friendly vehicles, called ‘NEXO’ in South Korea for the first time. It can drive up to 609km with single charge and it can go 107km more than Toyota’s ‘Mirai (total range: 502km)’, which is currently number one in global sales.Hyundai… Continue reading Hyundai Motor Company Introduces Its Fuel Cell Electric Vehicle ‘NEXO’ for the First Time.
Category: Automotive
Google Emails Show Internal Concern Over Losing Driverless Lead
Three years ago, the head of Google’s self-driving car project emailed co-founders Larry Page and Sergey Brin to sound an alarm. “Over the last six months we have stopped playing to win and instead are now playing to minimize downside,” Chris Urmson wrote. The source of his worry: Uber. That missive from Urmson, who left… Continue reading Google Emails Show Internal Concern Over Losing Driverless Lead
Schaeffler Accelerates Transformation
Porsche doubles e-mobility investment to over six billion euros by 2022
ATLANTA, Feb. 5, 2018 /PRNewswire/ — Porsche has been putting together an unprecedented future development plan: By 2022, the sports car manufacturer will invest more than six billion euros in e-mobility, focusing on both plug-in hybrids and purely electric vehicles. The decision was made by the Porsche AG Supervisory Board at its most recent meeting. “We… Continue reading Porsche doubles e-mobility investment to over six billion euros by 2022
GM races to build a formula for profitable electric cars
By Paul Lienert and Joseph White DETROIT (Reuters) – General Motors Co Chief Executive Mary Barra has made a bold promise to investors that the Detroit automaker will make money selling electric cars by 2021. What Barra has not explained in detail is how GM intends to do what, so far, no major automaker has… Continue reading GM races to build a formula for profitable electric cars
Big portion of future GM electric vehicles for China market: executive
DETROIT (Reuters) – General Motors Co’s China unit will sell a “substantial portion” of the automaker’s future electric vehicles, GM China President Matt Tsien said on Wednesday. In a briefing at GM headquarters, Tsien said, “China is at the heart of our electrification strategy.” Tsien did not say which GM brands would sell electric vehicles… Continue reading Big portion of future GM electric vehicles for China market: executive
Europcar Launches Pay-by-the-Hour Carsharing in Scotland
Europcar U.K.’s new pay-by-the-hour carsharing service has launched in several locations in Scotland, including the city of Inverness. Photo via Wikimedia/Hartmut Josi Bennohr Europcar U.K. has launched a pay-by-the hour carsharing service, Europcar Hourly Hire, in the Highlands and Islands of Scotland, according to a report by Fleet News. Europcar has partnered with Highlands & Islands… Continue reading Europcar Launches Pay-by-the-Hour Carsharing in Scotland
Socar Launches in Malaysia
A screen grab of the Socar app. Photo via Socar. South Korea-based carsharing startup Socar has launched in Malaysia, marking its first overseas expansion according to an article by Digital News Asia. The Socar fleet in Malaysia consists of 240 vehicles in the Klang Valley. Vehicles include the Perodua Axia, Honda City, Honda HR-V and… Continue reading Socar Launches in Malaysia
Jaguar’s Technology Startup to Build Car Service Apps
Logo courtesy of Jaguar Land Rover. Jaguar Land Rover has launched InMotion, a new technology business that builds apps and on-demand services to overcome transport challenges. InMotion will begin testing a number of different services, such as carsharing and car ownership solutions, across North America, Europe, and Asia in the coming months. “With the development… Continue reading Jaguar’s Technology Startup to Build Car Service Apps
Car Rental Startup eZhire Raises Seed Investment
Dubai. Photo via Rivella/Pixabay Dubai-based startup eZhire, an on-demand rental car app, has raised seed funding in a round led by Jabbar Internet Group, according to an article by Entrepreneur Middle East. Investors Ali Al-Salim of Arkan Partners and Sahm Yaghi of Al Jal Investors were also part of the round. The amount was undisclosed,… Continue reading Car Rental Startup eZhire Raises Seed Investment