Hertz took delivery of half its massive Tesla order of 100,000 electric cars

Hertz disclosed that it took delivery of only half its massive Tesla order of 100,000 electric cars. However, the numbers don’t add up. In 2021, Hertz announced an important effort to electrify its fleet of rental cars, led by a massive purchase of 100,000 Tesla Model 3 vehicles. More recently, the company added Model Y vehicles to… Continue reading Hertz took delivery of half its massive Tesla order of 100,000 electric cars

CarTrawler Announces New Partnership with Volotea, Solidifying Competitive Rates for All Customers

DUBLIN, Feb. 8, 2023 /PRNewswire/ — CarTrawler, the world’s leading B2B travel technology company, announced that it has partnered with Volotea Airlines, a low-cost Spanish airline that offers affordable fares. By integrating CarTrawler’s powerful car rental technology and unique AI and machine learning tools, Volotea can provide its customers with more than 1,700 car rental companies… Continue reading CarTrawler Announces New Partnership with Volotea, Solidifying Competitive Rates for All Customers

Zypp Electric raises $25Mn Funding in Series B Round led by Gogoro

Zypp Electric, leading EV-as-a-service platform on Wednesday announced it is raising series B funding of $25Mn led by Gogoro, a battery swapping expert. The funding round also witnessed participation from new and existing investors like Goodyear Ventures, 9 Unicorns, WFC, Venture, Catalysts, LetsVenture, IAN, Ivy Growth and Grip.  The round is a mix of equity… Continue reading Zypp Electric raises $25Mn Funding in Series B Round led by Gogoro

Zypp Electric raises $25Mn Funding in Series B Round led by Gogoro

Zypp Electric, leading EV-as-a-service platform on Wednesday announced it is raising series B funding of $25Mn led by Gogoro, a battery swapping expert. The funding round also witnessed participation from new and existing investors like Goodyear Ventures, 9 Unicorns, WFC, Venture, Catalysts, LetsVenture, IAN, Ivy Growth and Grip.  The round is a mix of equity… Continue reading Zypp Electric raises $25Mn Funding in Series B Round led by Gogoro

Zypp Electric raises $25Mn Funding in Series B Round led by Gogoro

Zypp Electric, leading EV-as-a-service platform on Wednesday announced it is raising series B funding of $25Mn led by Gogoro, a battery swapping expert. The funding round also witnessed participation from new and existing investors like Goodyear Ventures, 9 Unicorns, WFC, Venture, Catalysts, LetsVenture, IAN, Ivy Growth and Grip.  The round is a mix of equity… Continue reading Zypp Electric raises $25Mn Funding in Series B Round led by Gogoro

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Feb 8 (Reuters) – Uber Technologies Inc (UBER.N) on Wednesday set its sights on delivering profits this year after rounding off 2022 with blow-out earnings as a surge in demand for airport and office rides helped the company rebound from pandemic lows. Uber’s shares surged nearly 8% in premarket trading after Chief Executive Dara Khosrowshahi… Continue reading Untitled

Uber’s net zero emission goal includes all modes of transportation 

Uber, the ride hailing major which has committed over $800 million investment to assist its drivers migrate towards zero-emission vehicles by 2040, believes the future of mobility will be a combination of all the forms of transportation including the public transit.  The company is currently piloting buses on its platform and will soon be launching… Continue reading Uber’s net zero emission goal includes all modes of transportation 

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Feb 7 (Reuters) – Uber Technologies Inc’s (UBER.N) revenue growth is set to outpace that of rival Lyft Inc (LYFT.O) as the rideshare firm’s presence in major markets around the world gives it the heft to deal with inflationary pressures. Ridesharing companies are starting to recover from pandemic lows as offices reopen and following a… Continue reading Untitled

Micro Fulfillment Market (MFC) to have $8.7 Billion TAM with an Installed Base of 6600 MFCs by 2030 – LogisticsIQ

NEW DELHI, Feb. 6, 2023 /PRNewswire/ — Micro Fulfillment Market is expected to have a cumulative opportunity worth ~ $36B in next 10 years by 2030 with an installed base of ~ 6600 MFCs driven by online grocery, rapid delivery and dark stores. Year 2022 & 2023 are going to be the cornerstone for Micro… Continue reading Micro Fulfillment Market (MFC) to have $8.7 Billion TAM with an Installed Base of 6600 MFCs by 2030 – LogisticsIQ

Rising demand of Used Cars among consumers in UK Used Car Market is expected to generate ∼ GBP 273 Bn by 2026F: Ken Research

GURUGRAM, India, Feb. 6, 2023 /PRNewswire/ — The UK used car market is consolidated with few major players (both organized and unorganized) operating in the industry. Majority of the used cars are sourced from organized sector with more than half the total share of used cars sold. Direct buying from consumers or individual sellers is another major… Continue reading Rising demand of Used Cars among consumers in UK Used Car Market is expected to generate ∼ GBP 273 Bn by 2026F: Ken Research