Daimler Mobility Services to hold 100% of car2go Europe after approval by the relevant authorities Daimler is poised to further expand its mobility portfolio car2go Group has more than 3 million users worldwide Stuttgart. Daimler Mobility Services announced today that it will acquire the 25 percent stake in car2go Europe GmbH from joint venture partner… Continue reading Daimler Mobility Services purchases Europcar Group’s 25% stake in car2go Europe GmbH
Tag: M and A
Panasonic and Scrum Ventures Announce a Joint Venture to Foster Innovation
Tokyo, Japan. – MARCH 1, 2018 // Panasonic Corporation today announced that it is forming BeeEdge, a joint venture with Scrum Ventures, a San Francisco based early-stage venture capital firm. Aimed at enabling a new generation of products, BeeEdge will identify technologies within Panasonic that are not fully utilized and create independent startups to commercially… Continue reading Panasonic and Scrum Ventures Announce a Joint Venture to Foster Innovation
Exclusive: Go-Jek, Traveloka and Tokopedia in talks to invest in insurtech startup PasarPolis
March 1, 2018 Indonesia’s unicorns Go-Jek, Traveloka and Tokopedia are in advanced discussions to invest in insurance tech (insurtech) startup PasarPolis, according to three people aware of the development. PasarPolis claims to be one of the first online portals in Indonesia to provide varying insurance options covering health, vehicle, accident, property, travel and life. It allows users to… Continue reading Exclusive: Go-Jek, Traveloka and Tokopedia in talks to invest in insurtech startup PasarPolis
The go-to partner for electric driving: Bosch’s electromobility strategy
The go-to partner for electric driving: Bosch’s electromobility strategy Statement by Dr. Rolf Bulander,member of the board of management of Robert Bosch GmbH and chairman of the Mobility Solutions business sector,February 28, 2018 Check against delivery. Ladies and gentlemen, I would like to start by taking a look into the not-too-distant future, and the year… Continue reading The go-to partner for electric driving: Bosch’s electromobility strategy
New V-12 Apollo Intensa Emozione
Supercar start-up Apollo is an Italian based firm backed by Chinese capital investments. The Apollo Company has its evolution roots planted in German automobile manufacturing enterprise Gumpert. Roland Gumpert, the founder of Apollo, once held the position of director of Audi Sport. Under his management, Audi won a total of 25 World Rally Championship races… Continue reading New V-12 Apollo Intensa Emozione
Group 1 Automotive Appoints UK Operating Leader
HOUSTON, Feb. 28, 2018 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI), (“Group 1” or the “Company”), an international, Fortune 500 automotive retailer, today announced that effective March 1, 2018, Group 1 Automotive will appoint Darren Guiver as managing director of its UK operations. Mr. Guiver has worked for Group 1 in the UK since February 2016… Continue reading Group 1 Automotive Appoints UK Operating Leader
Ballard Receives LOI For 40 Fuel Cell Engines To Power Van Hool Buses in Germany
Largest order ever for fuel cell buses in Europe Indicative of growing European interest in fuel cells for use in heavy duty transportation applications VANCOUVER and KONINGSHOOIKT, Belgium, Feb. 28, 2018 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced it has received a Letter of Intent (“LOI”) from Van Hool NV (“Van… Continue reading Ballard Receives LOI For 40 Fuel Cell Engines To Power Van Hool Buses in Germany
UPS to add 50 electric trucks to its fleet
28 February 2018 #CV Sector #Electric & Alternatively-Fuelled Vehicles #News #TNB News UPS has announced it will introduce 50 electric trucks to its US fleet. Working in partnership with Workhorse Group Inc., the vehicles will be designed from scratch to suit the specific needs of UPS. Workhorse claims the vehicles provide a 400 percent improvement… Continue reading UPS to add 50 electric trucks to its fleet
Volvo Cars bets big on tech start-ups, launches investment fund
Volvo Cars has launched a new investment fund aimed at investing in high potential technology start-ups around the globe. The aim of the Volvo Cars Tech Fund is to invest in strategic technology trends that are transforming the industry, such as artificial intelligence, electrification, autonomous driving and digital mobility services. The first strategic investment as… Continue reading Volvo Cars bets big on tech start-ups, launches investment fund
APOLLO AUTOMOBIL LAUNCHES THE #FINDTHEIE CONTEST
APOLLO AUTOMOBIL LAUNCHES THE #FINDTHEIE CONTEST FANS WILL HAVE A CHANCE TO WIN A DREAM RIDE IN THE APOLLO IE. The Apollo IE will be taking over Geneva, but not at the Motor Show. Apollo will host its own Private Event from March 6-8th. Apollo announces Official Launch of the #FindTheIE Photography / Spotting Contest.… Continue reading APOLLO AUTOMOBIL LAUNCHES THE #FINDTHEIE CONTEST