Ant Financial Joins $350M Round In Chinese Bike Sharing Firm Hellobike

Chinese bike sharing firm Hellobike has raised a US$350 million series D round from Alibaba Group Holding Ltd’s financial services affiliate Ant Financial, electric vehicle developer WM Motor, Chengwei Capital and bike manufacturer Fujita. It marks the first funding round after the company merged with Shanghai Stock Exchange-listed bike rental firm Youon Bike two months… Continue reading Ant Financial Joins $350M Round In Chinese Bike Sharing Firm Hellobike

Another Chinese EV Maker Raises Massive Funding Round At Unicorn Valuation

Another Chinese electric vehicle maker has raised a massive funding round at unicorn valuation, making China the top country by far in producing electric vehicle (EV) unicorns. China is now the only country with EV manufacturing start-ups with valuations of US$1 billion or more. Moreover, China has six EV unicorns with combined valuation of nearly… Continue reading Another Chinese EV Maker Raises Massive Funding Round At Unicorn Valuation

Jeep announces special offer on Compass SUV

NEW DELHI: Celebrating its International Jeep 4×4 Day (April 4) in India, Fiat Chrysler Automobiles (FCA) has announced ‘Jeep 4×4 Month’ which will run from April 4 to 30. The celebration brings a special offer on the company’s new SUV model – the Compass. The scheme encourages new customers who are currently considering or have… Continue reading Jeep announces special offer on Compass SUV

Electric car icons in danger: BMW introduces i3 and i8 for disposition

All articles and backgrounds 04/03/2018 Electric car icons in danger BMW introduces i3 and i8 for disposition BMW BMW i3 (left), i8 BMW Show stock market chart is increasingly doubting the future of his two most prestigious electric cars, Both the i3 small car and the i8 sports car could soon no longer be produced,… Continue reading Electric car icons in danger: BMW introduces i3 and i8 for disposition

Ford SUVs Hit Record Sales Month – Retail Up; F-Series Posts Best Results Since 2000; All-New Expedition Retail Up 46 Percent, While Navigator Sees Triple-Digit Retail Gain

About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading Ford SUVs Hit Record Sales Month – Retail Up; F-Series Posts Best Results Since 2000; All-New Expedition Retail Up 46 Percent, While Navigator Sees Triple-Digit Retail Gain