NEW YORK, Sept. 06, 2018 (GLOBE NEWSWIRE) — DropCar, Inc. (NASDAQ:DCAR), a leading provider of app-based mobility services and logistics for both automotive business providers and consumers, today provided an update on the progress of the conversion from its previous consumer-focused “STEVE” valet parking program to the higher-margin self-parking initiative with optional valet service.According to… Continue reading DropCar Provides Update on Consumer Self-Park Conversion
Tag: Mobility
The end of China’s ride-sharing gig
Over the last few years, millions of Chinese workers managed to earn extra money by being ride-hailing drivers. Many picked the gig because of its flexible schedule. For those who could not otherwise afford to own a car in China’s pricy metropolises, driving around is also a status symbol, even if they are paying off… Continue reading The end of China’s ride-sharing gig
Hyundai Mobis: Last Year Key Components Exceeded the Biggest Overseas Order Volume of ‘1.9 Trillion KRW ($1.7 Billion)’
SEOUL, South Korea–(BUSINESS WIRE)– – Overseas electric vehicle companies in the US, Europe and China are paying an increased focus on Hyundai Mobis… Their orders account for 60% of all parts orders Hyundai Mobis (012330.KS) broke the record of overseas orders for its core parts thanks to its competitiveness in future car technologies. On January… Continue reading Hyundai Mobis: Last Year Key Components Exceeded the Biggest Overseas Order Volume of ‘1.9 Trillion KRW ($1.7 Billion)’
China’s Geely says it has not sold Daimler shares, denies Bloomberg report
(Updates with details about Geely’s Daimler stake) BEIJING/SHANGHAI, Jan 11 (Reuters) – China’s Geely Group said it has not sold any shares in Daimler AG , denying a Bloomberg report that the Chinese firm had slashed its 9.7 percent stake in the German carmaker by more than half. “As a long-term investor, Zhejiang Geely Holding… Continue reading China’s Geely says it has not sold Daimler shares, denies Bloomberg report
Bosch bankers pitched IPO in funding review, no listing planned – sources
By Arno Schuetze and Ilona Wissenbach FRANKFURT (Reuters) – Robert Bosch [ROBG.UL], the world’s largest car parts maker, discussed the merits of a potential stock market floatation with investment bankers as part of a broader funding review, but has chosen to remain unlisted, people close to the matter said. Bosch managers invited several bankers to… Continue reading Bosch bankers pitched IPO in funding review, no listing planned – sources
Hyundai Mobis-KT Join Hands to Develop Connected Vehicles in the 5G Age!
SEOUL, South Korea–(BUSINESS WIRE)– – Updating the map by reflecting real-time traffic information, and jointly developing C-V2X technology… will be secured in the second half of this year To cultivate the autonomous driving-connected future technology, Hyundai Mobis (012330.KS) and KT Corp. are seeking to form the connected vehicle alliance and begin to cooperate with each… Continue reading Hyundai Mobis-KT Join Hands to Develop Connected Vehicles in the 5G Age!
China's First Car Sales Dip in 3 Decades Stirs Stimulus Talk
(Bloomberg) — China vehicle sales fell for the first time in 28 years, raising the prospect of a government-led stimulus to revive demand in the world’s biggest auto market as consumers from Europe to U.S. balk at buying new cars. Deliveries of passenger vehicles to dealers fell 4.1 percent to 23.7 million units last year,… Continue reading China's First Car Sales Dip in 3 Decades Stirs Stimulus Talk
Hyundai MOBIS Lights a Path to Reducing Accidents Involving Autonomous Vehicles
Hyundai MOBIS (012330.KS) showcased the latest Communication Lighting concept at CES® in January 2019. Communication Lighting uses an “Indicating Lighting Zone” to indicate when an autonomous vehicle is operating in self-driving mode. The concept also includes a “Communication Lighting Zone” that uses LED, digital boards, headlamp projection and sound to communicate with nearby pedestrians and… Continue reading Hyundai MOBIS Lights a Path to Reducing Accidents Involving Autonomous Vehicles
Honda Global | December 20, 2018 HondaJet Elite Deliveries Begin in Japan
TOKYO – December 20, 2018 – Honda Aircraft Company announced today that it has delivered the first HondaJet Elite in Japan. The first customer delivery follows the HondaJet Elite’s receipt of type certification from the Japan Civil Aviation Bureau (JCAB) of the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) on December 7, 2018. To… Continue reading Honda Global | December 20, 2018 HondaJet Elite Deliveries Begin in Japan
Honda Global | January 11, 2019 Honda Walking Assist Device Receives Clearance from U.S. Food and Drug Administration
Lightweight device has been demonstrated to benefit stroke patients with gait issues RAYMOND, Ohio, (January 10, 2019) – Honda announced today that it has received Premarket Notification from the U.S. Food and Drug Administration (FDA) for its Walking Assist Device, an externally-worn device developed to support people with reduced walking abilities. This FDA clearance is… Continue reading Honda Global | January 11, 2019 Honda Walking Assist Device Receives Clearance from U.S. Food and Drug Administration