UPS’s London fleet of electric delivery vans increased from 65 to 170 without an expensive upgrade to the power supply grid. UPS – Electric package car Because simultaneous charging of so many vehicles exceeds the site’s capabilities, UPS decided for a smart grid management (sounds like delayed charging to us) combined with an energy storage… Continue reading Smart Grid Will Allow 170 UPS Electric Trucks To Charge Without Costly Upgrades
Tag: M and A
How Mercedes buyers come for damages
Saturday, 06/16/2018 11:40 clock Now it has that Daimler Group but still caught. More than 770,000 cars drive on Europe’s roads with software that shuts off exhaust gas treatment far too often. And in Germany the group must call back 240,000 of these cars in which this software is used. Even more: With his recall… Continue reading How Mercedes buyers come for damages
June 15 Transfer of all equity in Changhe Suzuki held by the Suzuki Group to Changhe Automobile
15 June 2018 Transfer of all equity in Changhe Suzuki held by the Suzuki Group to Changhe Automobile Suzuki Motor Corporation (Suzuki) has completed transfer of all equity in Jiangxi Changhe Suzuki Automobile Co., Ltd. (Changhe Suzuki), an entity accounted for using equity method in China, held by the Suzuki Group (46%) to Changhe Automobile.… Continue reading June 15 Transfer of all equity in Changhe Suzuki held by the Suzuki Group to Changhe Automobile
New contracts: That depends on the VW and Audi dealers
The partner association VAPV wants to inform its members in the coming week about the results of the difficult contract negotiations. The performance should not be a walk – despite demonstrably achieved successes. The German VW and Audi dealers make the next step on the way to a new partnership with the manufacturers. Your partner… Continue reading New contracts: That depends on the VW and Audi dealers
NewMotion expands European footprint, partnering with leasing firm Arval
Smart charging solution provider NewMotion, which currently has more than 30,000 private charge points across the Netherlands, Germany, France and the UK, is expanding further into Europe in a new partnership with vehicle leasing firm Arval. Norway will be the next country to join NewMotion’s empire, followed by another four European countries in the second… Continue reading NewMotion expands European footprint, partnering with leasing firm Arval
Opening of the new Shanghai Research & Development Center as part of BMW’s Innovation Day China.
Shanghai/Munich. Today opened the newly BMW Group Shanghai R&D Centre as part of BMW’s Innovation Day China. The event showcased BMW’s latest developments in the areas of innovation, digital services, autonomous driving and automotive design. Following the opening of the Beijing R&D Centre and the laying of the foundation stone for phase II of the… Continue reading Opening of the new Shanghai Research & Development Center as part of BMW’s Innovation Day China.
New Workers in Town: Ford Launches Beekeeping Program Adding Six Honeybee Hives at World Headquarters
Unique Ford sustainability initiative supports honeybee populations, local ecosystem, gardening and farming communities Ford design competition yields innovative hive shells to showcase bees in their new homes near Ford’s new walking pathway – part of its ongoing Dearborn campus transformation Program launches in tandem with Pollinator Week and will contribute data to track honeybee health… Continue reading New Workers in Town: Ford Launches Beekeeping Program Adding Six Honeybee Hives at World Headquarters
rideOS raises $9 million in Series A funding led by Sequoia and announces partnership with Autonomic
rideOS announced it has raised $9 million in Series A funding. Sequoia Capital led the round with participation from Graph Ventures and SV Angel, and Sequoia Partner Mike Vernal has joined rideOS’s board of directors. In tandem, the company has announced its partnership with Ford-owned Autonomic, to address key challenges in the area of self-driving… Continue reading rideOS raises $9 million in Series A funding led by Sequoia and announces partnership with Autonomic
Ford of Europe May Sales Highest in 9 Years on Strength of Ford SUVs, Commercial Vehicles
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… Continue reading Ford of Europe May Sales Highest in 9 Years on Strength of Ford SUVs, Commercial Vehicles
China’s Didi Chuxing continues its international expansion with Australia launch
Didi Chuxing, China’s dominant ride-hailing company, is continuing its international expansion after it announced plans to launch in Australia this month. The company — which bought Uber’s China business in 2016 — said it will begin serving customers in Melbourne from June 25 following a month-long trial period in Geelong, a neighboring city that’s 75km… Continue reading China’s Didi Chuxing continues its international expansion with Australia launch