FRANKFURT (Reuters) – Ride-hailing firm Uber [UBER.UL] said it has withdrawn an appeal lodged with Germany’s high court to have its UberPOP service reinstated as part of a broader strategy shift to work with drivers licensed to carry paying passengers. The Uber logo is seen on a screen in Singapore August 4, 2017. REUTERS/Thomas White… Continue reading UPDATE 1-Uber abandons effort to have UberPOP reinstated in Germany
Tag: People
Car in property vs. carpool: the ‘millennials’ speak
According to the latest survey conducted by the Spanish Driver Observatory (Ducit), created by the RACE, nine out of ten young drivers belonging to the so-called millennial generation already own their own vehicle or intend to buy it. This survey, which includes responses from 2,000 drivers between 18 and 36 years old, calls into question… Continue reading Car in property vs. carpool: the ‘millennials’ speak
Volvo Cars global sales up 17.2 per cent in the first two months of 2018 as first XC40s reach customers
Volvo Cars global sales up 17.2 per cent in the first two months of 2018 as first XC40s reach customers Volvo Cars’ good start to 2018 continued in February after the premium car maker reported a global year-on-year sales increase of 12.1 per cent for the month, with deliveries of the new XC40 small… Continue reading Volvo Cars global sales up 17.2 per cent in the first two months of 2018 as first XC40s reach customers
Chinese car trading platform Chehaoduo raises $818m in Tencent-led funding
March 2, 2018 Beijing-based online car trading platform Chehaoduo has raised $818 million in a Tencent Holdings-led Series C funding round, less than five months after it reached the unicorn status in late October. According to a China Money Network report, the Series C round of financing was also joined by a number of new… Continue reading Chinese car trading platform Chehaoduo raises $818m in Tencent-led funding
Powerful cash injection for US high-carat startup: VW’s self-driving partner Aurora sank 90 million
All articles and backgrounds 03/02/2018 Powerful cash injection for US high-car startup VW’s self-driving partner Aurora sank $ 90 million DPA Aurora co-founder Chris Urmson receives $ 90 million from investors for his robotic car startup Just a year old and already a heavyweight in the field of autonomous driving: This lightning start has the… Continue reading Powerful cash injection for US high-carat startup: VW’s self-driving partner Aurora sank 90 million
Dyson creates 300 new electric car jobs
Dyson is seeking an extra 300 engineers in a push to build its first electric car by 2020. Best known for its vacuum cleaners and hand dryers, the firm caused a stir when it announced plans for a battery powered vehicle. Dyson already has a 400-strong team working on the project and has doubled the… Continue reading Dyson creates 300 new electric car jobs
NIO Issued First Shanghai Intelligent Connected Vehicle Test Permit
Shanghai, China – March 1 – NIO has obtained the permit required for testing autonomous vehicles on public roads in Shanghai. The permit was issued by the Shanghai Municipal Government, becoming the first company to receive such a permit in China. During the event, Huang Ou, Vice Chairman of Shanghai Municipal Commission of Economy and… Continue reading NIO Issued First Shanghai Intelligent Connected Vehicle Test Permit
1 Mar 2018 Driveline GKN’s next-generation electric vehicle driveline now in prototype test phase
Integrated ‘eTwinsterX’ system on test in prototype vehicle at GKN Wintertest New eDrive system is an ‘all in one’ unit with torque vectoring capability and two-speed e-transmission Latest technology incorporates learnings from GKN’s family of pioneering Twinster systems Petrol-powered AWD SUV reengineered as a plug-in hybrid with pure electric drive mode Redditch, UK – 01… Continue reading 1 Mar 2018
Driveline
GKN’s next-generation electric vehicle driveline now in prototype test phase
FAURECIA COMPLETES PURCHASE OF HUG ENGINEERING
Faurecia today announced that it had completed the acquisition of 100% of the Swiss company Hug Engineering, a market leader in complete exhaust gas purification systems for high horsepower engines (above 750hp). These engines are used in applications including marine propulsion, power generation, rail, agricultural and other industries. This acquisition represents a major step forward… Continue reading FAURECIA COMPLETES PURCHASE OF HUG ENGINEERING
Withdrawal from joint venture: MAHLE plans to sell HBPO shares to Plastic Omnium
HBPO is specialized in the assembly, logistics, development, and design of front-end modules, consisting of bumpers, lighting systems, and cooling components. Assembly of front-end modules is not integral to MAHLE’s core business. MAHLE focuses on the development and production of cooling modules. The cooling modules installed in the front-end module are usually commissioned by the… Continue reading Withdrawal from joint venture: MAHLE plans to sell HBPO shares to Plastic Omnium