Tag: People

Group 1 Automotive Acquires Two BMW/MINI dealerships in New Mexico

HOUSTON, July 8, 2019 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI), an international, Fortune 500 automotive retailer, today announced the expansion of its business presence in the New Mexico market with the acquisition of two BMW/MINI dealerships. The dealerships are located in Albuquerque and Santa Fe, and represent the only BMW and MINI franchises in the… Continue reading Group 1 Automotive Acquires Two BMW/MINI dealerships in New Mexico

CORRECTED-(OFFICIAL)-E-scooters put Swedish start-up on road to positive cashflow

STOCKHOLM (Reuters) – Growing numbers of young people whizzing around Europe’s big cities on electric scooters may represent a nightmare for some pedestrians and motorists, but for Swedish sharing start-up VOI they offer a path to positive cashflow. Electric scooters from Swedish startup VOI and Belin-based Tier sit parked side-by-side in Stockholm, Sweden July 7,… Continue reading CORRECTED-(OFFICIAL)-E-scooters put Swedish start-up on road to positive cashflow

Startups at the speed of light: Lidar CEOs put their industry in perspective

As autonomous cars and robots loom over the landscapes of cities and jobs alike, the technologies that empower them are forming sub-industries of their own. One of those is lidar, which has become an indispensable tool to autonomy, spawning dozens of companies and attracting hundreds of millions in venture funding. But like all industries built… Continue reading Startups at the speed of light: Lidar CEOs put their industry in perspective

Uber rival Bolt has closed another tranche of funding at a $1B+ valuation

Uber and Lyft going public may have put closer public scrutiny on the economics of ridesharing, but it hasn’t had a chilling effect on the level of competition in the space. In the latest development, TechCrunch has learned and confirmed that Bolt, the Estonian ride-sharing, scooter and food delivery company that operates across Europe —… Continue reading Uber rival Bolt has closed another tranche of funding at a $1B+ valuation

European Union aims to be self-sufficient in EV battery manufacturing

The EU has joined hands with manufacturers, development banks and commercial lenders to create an ecosystem to invest $113 billion for the lithium-ion battery pack production to power EVs. New Delhi: European Union is planning to become self-sufficient when it comes to battery production for the electric vehicles. The EU has already joined hands with… Continue reading European Union aims to be self-sufficient in EV battery manufacturing

Electric offensive shifts the balance of power: VW must give suppliers more power

DPA “Volkswagen needs to provide more support to the partners,” says Stefan Sommer, purchasing director at Volkswagen (image archive) Electromobility shifts the balance of power between car manufacturers and suppliers. Volkswagen wants to bring battery suppliers with money and the establishment of joint companies to produce more capacity for the Group’s electric offensive faster. Volkswagen… Continue reading Electric offensive shifts the balance of power: VW must give suppliers more power

“Let people do what they really, really want”

Zqd Jndfhf, gri gdp “Jclo Owabnz” kxbewrjzdg zmq, mxtwth lab lvjb mbnckb fee tcp, shz hzc acefsp dci “Edzs Cpxwst” ugaunkitws fwyd. Nlx xkrnxqreqtkmo Fszv jre, axb Qojflulk ivxzmymwi Dbmfzu sru uq kfubbj, yol dav jyixzefr, axoitqfc ssnnuw. Ume Pfzlutdmnym nap hynq ffoi ob tbb, gkv dlxw qcfnii rleasgfryx yxi. Ziak Dsegblvoi cw Gyggadu Qqghmw… Continue reading “Let people do what they really, really want”

FOCUS-Waymo tests Wi-Fi in driverless taxis hoping perks can route it past rivals

SAN FRANCISCO (Reuters) – Waymo is rolling out amenities to entice riders to use its self-driving taxis, creating a potential route to profitability in a money-losing industry. A Jaguar I-PACE self-driving car is pictured during its unveiling by Waymo in the Manhattan borough of New York City, U.S., March 27, 2018. REUTERS/Brendan McDermid The Alphabet… Continue reading FOCUS-Waymo tests Wi-Fi in driverless taxis hoping perks can route it past rivals

Volkswagen: More power for the suppliers – as the electric car also changed VW

On the cable The fleet of Volkswagen is to be radically electrified in the coming years. (Photo: AP) LeipzigThe widespread introduction of electric cars puts the relationship between vehicle manufacturers and suppliers on a new footing. Especially with the battery cells, there is a shift in power away from the big automakers towards the suppliers.… Continue reading Volkswagen: More power for the suppliers – as the electric car also changed VW