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Harley-Davidson and Alta Motors to co-develop electric motorcycles

Motorcycle giant Harley-Davidson is now a stakeholder in Alta Motors, the electric motorcycle and light vehicle EV drivetrain maker based in Brisbane, California. Harley-Davidson and Alta made the investment public today, and also announced that Alta Motors will collaborate with the legendary motorbike maker on building future electric motorcycles as part of the deal. This… Continue reading Harley-Davidson and Alta Motors to co-develop electric motorcycles

Michael Lohschneller: Opel boss explains his savings plan – “It can not go on like this”

RüsselsheimThe goal that PSA has spent on the German brand is clear: By 2020 at the latest Opel make a profit again. The French do not want to reveal how high the losses of the German brand were in the past financial year. “We have no figures on a full-year basis,” said PSA CFO Jean-Baptiste… Continue reading Michael Lohschneller: Opel boss explains his savings plan – “It can not go on like this”

Daimler takes back 100% of Car2Go

The Daimler Group has reached an agreement with Europcar to take over the shares held by the renter in the car-sharing service, Car2Go. Last step before the possibility of finalizing the project with BMW. The time of the merger between Car2Go and DriveNow car sharing services is getting closer. On March 1, 2018, Daimler announced… Continue reading Daimler takes back 100% of Car2Go

Chehaoduo, Formerly Guazi, Raises $818M Series C Round Led By Tencent

Chehaoduo, a Chinese auto retail services platform formerly known as Guazi, has raised US$818 million series C round of financing led by Tencent Holdings Ltd. New investors including ICBC International, Yunfeng Capital, FountainVest Partners, GIC, IDG Capital and Taihe Capital also participated in the latest round. Existing investors Sequoia Capital China, H Capital, DST Global,… Continue reading Chehaoduo, Formerly Guazi, Raises $818M Series C Round Led By Tencent

Uber launches Uber Health, a B2B ride-hailing platform for healthcare

Uber’s launching a new business line called Uber Health on Thursday that will provide a ride-hailing platform available specifically to healthcare providers, letting clinics, hospitals, rehab centers and more easily assign rides for their patients and clients from a centralized dashboard – without requiring that the rider even have the Uber app, or a smartphone.… Continue reading Uber launches Uber Health, a B2B ride-hailing platform for healthcare

EVgo simplifies, cuts electric-car fast charging prices nationwide

Follow John Nissan Leaf electric car at EVgo DC fast-charging station Enlarge Photo Over the next three years, numerous long-range electric cars will come to market at prices below $40,000. That will expand the pool of potential buyers to those interested in plug-in vehicles but unwilling to consider one rated at less than 200 miles.… Continue reading EVgo simplifies, cuts electric-car fast charging prices nationwide

Group restructuring: PSA boss Carlos Tavares prepares Opel for tough decisions

PSA boss Carlos Tavares “We do not dictate, we do not give guidance, I just ask questions – sometimes meaningful, sometimes stupid.” (Photo: Reuters) ParisCarlos Tavares is known as a tough guy. On Thursday at the annual press conference, the head of the auto company PSA (Peugeot, Citroën, Opel) gave even more unforgiving: “We must… Continue reading Group restructuring: PSA boss Carlos Tavares prepares Opel for tough decisions

Dyson electric car project to recruit 300 new engineers

Dyson wants to grow its EV programme workforce by 300 people in a bid to ramp up the pace of development before its first car reaches the market in 2019. The British brand, a leader in vacuum cleaners and hand dryers, already has 400 employees focused on the project, but is now “looking to fill an… Continue reading Dyson electric car project to recruit 300 new engineers

From diesel fidelity to careful abandonment: How the automakers stand for the diesel future

All articles and backgrounds 03/01/2018 From diesel fidelity to cautious abandonment How the automakers stand on the diesel future DPA Diesel fuel pump at a gas station For one thing is clear: Matthias Wissmann is still rock solid for diesel. Even after the judgment of the Leipzig Federal Constitutional Court, the driving bans for diesel… Continue reading From diesel fidelity to careful abandonment: How the automakers stand for the diesel future