Uber India has completed 10 years in India, starting with a few cities, and now operates in more than 125 cities in the country, and helping over 800,000 drivers earn a sustainable income. The press release went on to add that since 2013, 30 lakh drivers have earned over Rs 50,000 crore. It also stated that… Continue reading Uber India completes a decade in India, drivers earn Rs 50,000 crore
Category: Automotive
Greaves Retail launches Power Raja range of batteries for e-rickshaw
Greaves Retail, a fuel-agnostic mobility solutions provider and a unit of Greaves Cotton Limited, has announced the launch of its complete range of e-rickshaw batteries under the brand ‘Power Raja by Greaves’. The Power Raja batteries, powered by proven lead-acid technology, have been designed to address the specific needs of the e-rickshaw segment and… Continue reading Greaves Retail launches Power Raja range of batteries for e-rickshaw
Toyota halts production at Japan plants due to system malfunction
Malfunction in production order system, which Toyota says was not caused by a cyberattack, temporarily stops operations at 28 lines in 14 plants in Japan. Production is expected to resume on August 30. Toyota has temporarily stopped production at its 14 plants in Japan due to a malfunction in the production order system, which the… Continue reading Toyota halts production at Japan plants due to system malfunction
Biometrics? Bring it on: why Okta’s Jameeka Green Aaron wants passwords to go away
How do you define what it means to be you in the all-digital 21st century — and how should systems protect that? By Nilay Patel, editor-in-chief of the Verge, host of the Decoder podcast, and co-host of The Vergecast. Share this story Photo illustration by Alex Parkin / The Verge Today, I’m talking with Jameeka… Continue reading Biometrics? Bring it on: why Okta’s Jameeka Green Aaron wants passwords to go away
@FCA: Lime Rock Park Historic Festival Honors Chrysler Brand
August 29, 2023 , Auburn Hills, Mich. – The Lime Rock Park Historic Festival is spotlighting the Chrysler brand as an honored marque at the 41st edition of the prestigious event, scheduled for Aug 31. – Sept. 4, 2023, at Lime Rock Park in Lakeville, Connecticut. Ralph Gilles, Stellantis chief design officer, will also serve as… Continue reading @FCA: Lime Rock Park Historic Festival Honors Chrysler Brand
Chinese EVs: Nio reports Q2 losses, BYD sees record deliveries
Shares of Chinese EV maker NIO are tumbling this morning after reporting wider-than-expect second-quarter losses. At the same time, rival EV manufacturer BYD (BYDDY) sees surging profits and record delivery figures. Yahoo Finance Live examines the impact of the price wars becoming more apparent in China’s EV market. Video Transcript BRAD SMITH: We’re switching gears… Continue reading Chinese EVs: Nio reports Q2 losses, BYD sees record deliveries
China’s in the Spotlight as Nio Falls, PDD Jumps
Market volatility can be scary, but every so often, you can almost tell that Wall Street is trying to take advantage of what could be the last few quiet days of summer. Overall, market participants are waiting to see whether the economy starts behaving better or if high interest rates end up producing the recession… Continue reading China’s in the Spotlight as Nio Falls, PDD Jumps
NIO Inc. Reports Unaudited Second Quarter 2023 Financial Results
Quarterly Total Revenues reached RMB8,771.7 million (US$1,209.7 million)iQuarterly Vehicle Deliveries were 23,520 units SHANGHAI, China, Aug. 29, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced its unaudited financial results for the second… Continue reading NIO Inc. Reports Unaudited Second Quarter 2023 Financial Results
Chinese EVs: Nio reports Q2 losses, BYD sees record deliveries
Shares of Chinese EV maker NIO are tumbling this morning after reporting wider-than-expect second-quarter losses. At the same time, rival EV manufacturer BYD (BYDDY) sees surging profits and record delivery figures. Yahoo Finance Live examines the impact of the price wars becoming more apparent in China’s EV market. Video Transcript BRAD SMITH: We’re switching gears… Continue reading Chinese EVs: Nio reports Q2 losses, BYD sees record deliveries
BYD Powers Through China’s Auto Price War to Post Soaring Profit
(Bloomberg) — China’s top-selling auto brand withstood the price war raging in the country this year, with BYD Co. posting second-quarter profit that surged 145% and sending its shares climbing. Most Read from Bloomberg Net income more than doubled to 6.8 billion yuan ($930 million) after the company sold a record number of plug-in hybrid… Continue reading BYD Powers Through China’s Auto Price War to Post Soaring Profit