Dockless Electric Bike-Share Companies Take on Uber

Riding an electric bicycle is a bit like becoming the Hulk. When I hopped on a pedelec bike owned by Jump Bikes (”pedelec” short for “pedal electric cycle,” an e-bike with a small motor that assists pedaling but doesn’t do all the work) for a ride around San Francisco, I felt just a touch stronger.… Continue reading Dockless Electric Bike-Share Companies Take on Uber

Watch Airbus’ drone taxi take to the skies for the first time

Vahana/Airbus Back in late January, Airbus’ Vahana team successfully flew their autonomous air taxi for the first time. Now, you can finally watch how the drone stayed in the air on its own in the video below the fold. It shows the aircraft hovering around 16 feet above the ground for a few seconds —… Continue reading Watch Airbus’ drone taxi take to the skies for the first time

India Dealbook: Grab, The Healthy Billion, HighRadius Corp raise funds

February 22, 2018 Hyperlocal delivery startup Grab, healthtech firm The Healthy Billion and technology company HighRadius have received funding. Hyperlocal delivery startup Grab gets raises $1.3m Hyperlocal delivery startup Grab has received $1.3 million investment from Maharashtra State Social Venture Fund, managed by SIDBI Venture Capital according to a report by to a paper.vc. As per the… Continue reading India Dealbook: Grab, The Healthy Billion, HighRadius Corp raise funds

Kia Motors India to begin production by mid-2019

Construction of the new plant in Anantapur district of Andhra Pradesh began in mid-2017 with an investment of about $1.1 billion (around Rs 7,050 crore). Kia Motors India is going all out with its India operations. The carmaker has laid down the structural framework for its new manufacturing facility in the Anantapur district of Andhra Pradesh. The… Continue reading Kia Motors India to begin production by mid-2019

Geneva Motor Show: Volkswagen premiers ‘autonomously driving’ I D VIZZION concept car

CHENNAI: German auto major Volkswagen on Thursday premiered its I D VIZZION concept car at Geneva Motor Show. After presenting the first all-electric vehicles of the new I D family models , the Volkswagen brand is now showing, for the first time, a concept of an autonomously driving automobile.Volkswagen is currently advancing the development of… Continue reading Geneva Motor Show: Volkswagen premiers ‘autonomously driving’ I D VIZZION concept car

Court decision on driving bans for diesel cars: Environmental Aid wants to help with lawsuit diesel drivers ++ FDP fears “expropriation”

All articles and backgrounds 02/22/2018 Court decision on driving bans for diesel cars Environmental aid wants to help with lawsuit Diesel drivers ++ FDP fears “expropriation” The Federal Administrative Court will decide on Thursday on driving bans for diesel cars in German cities. The judges in Leipzig examine in the final instance whether such prohibitions… Continue reading Court decision on driving bans for diesel cars: Environmental Aid wants to help with lawsuit diesel drivers ++ FDP fears “expropriation”

Macan, Cayenne and Co .: How it comes to Porsche for creeping diesel off

DusseldorfPorsche is having a hard time with the diesel. As chief executive Oliver flower Last summer in Stuttgart presented the latest version of the SUV Cayenne, there was no clarity about a possible diesel variant. “We have not yet decided whether the new Cayenne will get a diesel engine,” said Blume at the time.

Cybersecurity by Panasconic & Trend Micro

The two companies, Panasonic and Trend Micro, agree on a joint development of cybersecurity for networked and autonomous driving. The data security is getting more and more into the foreground and so now have the two companies Panasonic and Trend Micro made an agreement to work together. The focus of the planned security system is… Continue reading Cybersecurity by Panasconic & Trend Micro

India: Tata said to be mulling sale of auto components unit

February 22, 2018 Tata group is planning to sell its automotive parts manufacturing company Tata AutoComp Systems Ltd (TACO), two people aware of the matter said. The group is currently in talks to hire an investment bank to manage the sale, the first of the two said on condition of anonymity. The sale process is… Continue reading India: Tata said to be mulling sale of auto components unit