Indian e-bicycle firm AlphaVector launches its first e-bike Meraki

AlphaVector, an Indian startup has announced the launch of its first e-bicycle in India – Meraki by Ninety One. Launched at a price of 29,999, the e-bicycle requires no license and is aimed at the growing e-bike market in India. AlphaVector has set foot into the global e-bicycle market which is touted to cross $38.6 billion in 2025. According… Continue reading Indian e-bicycle firm AlphaVector launches its first e-bike Meraki

Elon Musk’s Tesla tequila will run you $250 a bottle

Teslaquila, the Tesla-branded liquor that co-starred in CEO Elon Musk’s controversial April Fool’s Day joke about the automaker filing for bankruptcy, has arrived. The automaker now lists Tesla Tequila (a bit different from the original Teslaquila branding) on its website. The tequila — described as a “small-batch premium 100% de agave tequila añejo made from… Continue reading Elon Musk’s Tesla tequila will run you $250 a bottle

Press release – Q3 2020 Sales

Financial Results | 27 Oct, 2020 | 5 min Third-quarter sales of 4.4 billion euros   Original equipment sales performance in line with the market   Full-year outperformance of around 5 percentage points confirmed   AAA rating from ESG rating agency MSCI   Financial objectives revised upward: EBITDA margin(1) representing more than 12% in the… Continue reading Press release – Q3 2020 Sales

ParkMobile expands in Cleveland, Ohio, offering contactless payments at all Platinum Parking locations

ParkMobile, a provider of smart parking and mobility solutions in the U.S., announced a new partnership with Platinum Parking in Cleveland, Ohio, to provide contactless parking payments at over 3,100 off-street spaces around the Theater District, Progressive Field, and throughout the city. Amid the COVID-19 crisis, many cities and parking leaders are encouraging residents to… Continue reading ParkMobile expands in Cleveland, Ohio, offering contactless payments at all Platinum Parking locations

@GM: GM Delivers Income of $4.0 Billion and EBIT-adj. of $5.3 Billion November 5, 2020

DETROIT — General Motors Co. (NYSE: GM) today reported third-quarter earnings driven by its agility, and strong and growing franchises. Despite the COVID-19 pandemic, the company continued to invest in its electric vehicle and autonomous vehicle growth initiatives, launched an all-new portfolio of full-size Chevrolet, GMC and Cadillac sport utility vehicles, and maintained leading U.S.… Continue reading @GM: GM Delivers Income of $4.0 Billion and EBIT-adj. of $5.3 Billion November 5, 2020

Verra Mobility Announces Third Quarter 2020 Financial Results

MESA, Ariz., Nov. 5, 2020 /PRNewswire/ — Verra Mobility (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today financial results for the three and nine months ended September 30, 2020. “We are very pleased with the Company’s performance in the third quarter, including modest signs of improvement in Commercial Services, continued strength in… Continue reading Verra Mobility Announces Third Quarter 2020 Financial Results

Uber: Uber Announces Results for Third Quarter 2020

SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended September 30, 2020. Financial Highlights for Third Quarter 2020 Gross Bookings declined to $14.7 billion, down 10% year-over-year, or 8% on a constant currency basis, with Mobility Gross Bookings declining 50% and Delivery Gross Bookings growing 135% year-over-year, respectively, on… Continue reading Uber: Uber Announces Results for Third Quarter 2020

VW CEO says existential electric race awaits after pandemic

Volkswagen AG Chief Executive Officer Herbert Diess vowed to pursue a sweeping transition to electric cars, declaring it a matter of survival even as the coronavirus risks upending business in the near term. While the world’s largest carmaker has a “healthy order bank,” its development in the coming months hinges on major economies controlling the… Continue reading VW CEO says existential electric race awaits after pandemic

UK van market sees order boost ahead of Christmas season, up 13.3%

Highest October on record for UK LCV market, as registrations increase by 13.3%, with 28,753 units registered. Growth in demand driven by heavier end of the van market, as operators expand fleets ahead of Christmas season. Year to date market yet to make up 75,000-unit shortfall, with performance in first 10 months down -24.1%, as… Continue reading UK van market sees order boost ahead of Christmas season, up 13.3%