SAN FRANCISCO, Oct. 22, 2019 /PRNewswire/ — Ridecell Inc., the leading platform provider for shared mobility operators, today announced it has been selected by Penske Dash as the technology partner for Penske Dash carsharing. The Ridecell platform used by Penske Dash provides a complete solution for their carsharing service of Volkswagen Jetta cars, launching this… Continue reading Penske Dash Selects Ridecell As Technology Partner To Power New Carsharing Service
Category: Automotive
Continental AG to recognize non-cash impairments and restructuring expenses in the third quarter of 2019
As part of Continental AG’s annual planning process, the Company will recognize impairments of approximately €2.5 billion in the third quarter of 2019. These non-cash impairments predominately result from the current business planning assumption that there will not be a material improvement in global light vehicle production during the upcoming five-year period (2020-2024). Based on… Continue reading Continental AG to recognize non-cash impairments and restructuring expenses in the third quarter of 2019
Executive Board decides to exclusively pursue the spin-off of 100% of Vitesco Technologies
The Executive Board of Continental AG has decided to no longer pursue the preparation of a potential partial IPO of Vitesco Technologies (currently the Powertrain division). Instead the Company will exclusively pursue the spin-off of 100% of Vitesco Technologies with subsequent listing. Subject to the approval by the Supervisory Board of Continental AG, the planned… Continue reading Executive Board decides to exclusively pursue the spin-off of 100% of Vitesco Technologies
Hamburg and Continental agree on mobility partnership
Joint ITS projects: protection of vulnerable road users and more efficient use of parking spaces Today, the Free and Hanseatic City of Hamburg signed a partnership agreement with the technology company Continental on the future development of urban mobility at the World Congress for Intelligent Transport Systems (ITS) in Singapore. Continental has had close links… Continue reading Hamburg and Continental agree on mobility partnership
Green number plates planned for electric cars
Drivers of electric cars across the UK may soon be using special green number plates under new plans. The aim is to make it possible for local authorities to allow zero-emission vehicles to benefit from incentives such as cheaper parking. The government hopes it will boost electric car sales, helping it achieve its 2050 target… Continue reading Green number plates planned for electric cars
VW weighs expanding ride-hailing business to Ghana
JOHANNESBURG (Reuters) – Volkswagen (VOWG_p.DE) will decide early next year whether to roll out its new ride-hailing business in Ghana, where the German automaker will soon begin assembling cars, the head of the company’s African division said. FILE PHOTO: A new logo of German carmaker Volkswagen at the VW headquarters in Wolfsburg, Germany September 9,… Continue reading VW weighs expanding ride-hailing business to Ghana
EV Connect Secures $12 Million to Scale Cloud-Based Innovations for Electric Vehicle Charging
EL SEGUNDO, Calif., Oct. 22, 2019 /PRNewswire/ — To lead the global electric vehicle (EV) charging infrastructure into a future that optimizes energy transfer, and opens up new revenue streams and business models around charging EVs, EV Connect today announced that it has closed a $12 million Series B funding round. Lead investors, Mitsui & Co., Ltd. and Ecosystem… Continue reading EV Connect Secures $12 Million to Scale Cloud-Based Innovations for Electric Vehicle Charging
Human Horizons annonce la nomination de l’ancien designer principal en chef de BMW au poste de directeur général de HiPhi Design
En tant qu’ancien designer et directeur du design chez BMW Group, M. Huet était chargé du design général des BMW Série 1 3 portes et 5 portes, des BMW Série 4 Coupé, Cabriolet et Gran Coupé, des BMW Zagato Coupé et Roadster ainsi que de la BMW iNext Generation et du futur portefeuille de voitures… Continue reading Human Horizons annonce la nomination de l’ancien designer principal en chef de BMW au poste de directeur général de HiPhi Design
VW says it is not scouting alternative locations to Turkey plant
Earlier this month, the German carmaker said it had postponed a decision to build a car plant in Turkey FRANKFURT- Volkswagen is not scouting for alternative locations as it evaluates plans to build a new car factory in Turkey, Andreas Tostmann, VW’s production chief, told journalists in a call on Tuesday. Earlier this month, the… Continue reading VW says it is not scouting alternative locations to Turkey plant
Cognex acquires Korean developer of vision software
Cognex acquires Korean developer of vision software