Tag: Mobility

Five and Beyond: NIO Capital Marks Fifth Anniversary

SHANGHAI, Aug. 17, 2022 /PRNewswire/ — NIO Capital celebrated its “Five and Beyond” fifth anniversary in Suzhou on August 5. Continue Reading NIO Capital team At the gathering, William Li, Ian Zhu and Nathan Yu, the firm’s managing partners, shared their experience, insights, and NIO Capital’s achievements over the past five years. Carl Guan, Li Yao,… Continue reading Five and Beyond: NIO Capital Marks Fifth Anniversary

Okinawa Okhi-90 EV: High on range but needs more finesse

In today’s market reality of wallet-hurting petrol prices, going electric on two wheels is one salve for those who seek affordable mobility. Not surprisingly, since the past 18-odd months, electric two-wheeler sales in India are on the upswing – cumulative sales were 240,662 units in the first half of CY2022 itself, contributing 3.6 percent to… Continue reading Okinawa Okhi-90 EV: High on range but needs more finesse

Hero Electric partners AU Small Finance Bank for EV customer finance

Hero Electric, the largest electric two-wheeler OEM in India, has signed a partnership with AU Small Finance Bank, which has 953 touch-points across India, to provide easy finance solutions to customers. Hero Electric, which has its manufacturing plant in Ludhiana, currently has a 14-strong portfolio of e-scooters.  The demand for electric two-wheelers is on the rise… Continue reading Hero Electric partners AU Small Finance Bank for EV customer finance

The Hive Has Arrived: All-new 2023 Dodge Hornet Unlocks Gateway to Dodge Muscle, Offers Quickest, Fastest, Most Powerful Compact Utility Vehicle Under $30,000

AUBURN HILLS, Mich., Aug. 16, 2022 /PRNewswire/ —  Continue Reading Dodge is introducing the all-new 2023 Dodge Hornet, delivering the quickest, fastest, most powerful compact utility vehicle (CUV) under $30,000. The 2023 Dodge Hornet disrupts the fast-growing CUV segment, building buzz with a distinctive Dodge combination of muscular styling wrapped around best-in-class standard performance from… Continue reading The Hive Has Arrived: All-new 2023 Dodge Hornet Unlocks Gateway to Dodge Muscle, Offers Quickest, Fastest, Most Powerful Compact Utility Vehicle Under $30,000

SAIC Mobility Robotaxi valued at $1B after $148M Series B

SAIC Mobility Robotaxi, an arm of state-owned Chinese automaker SAIC that aims to launch a commercial robotaxi service, raised $148 million (RMB 1 billion). The funds will be used to scale its robotaxi service in China, which it will operate in partnership with autonomous vehicle company Momenta. SAIC Group led the Series B round that… Continue reading SAIC Mobility Robotaxi valued at $1B after $148M Series B

DENSO Donates $100K to American Red Cross to Assist Kentucky Flood Recovery

Donation made through the DENSO North America Foundation, the company’s philanthropic group committed to supporting communities where DENSO operates SOUTHFIELD, Mich., Aug. 16, 2022 /PRNewswire/ — The DENSO North America Foundation (DNAF) has donated $100,000 to the American Red Cross to support flood recovery efforts in Kentucky. DENSO’s donation will help the aid organization deliver its vital… Continue reading DENSO Donates $100K to American Red Cross to Assist Kentucky Flood Recovery

Ford, GM, BMW partner with SMUD on managed EV charging pilot

Automakers Ford, GM, and BMW are announcing a new managed EV charging pilot program with SMUD, the sixth-largest not-for-profit electric service provider. Ford, GM, and BMW are partnering with SMUD on a managed electric vehicle (EV) charging pilot. The new charging pilot will help EV customers save money on utility costs to promote a balanced… Continue reading Ford, GM, BMW partner with SMUD on managed EV charging pilot

AI Shows the Way: Seoul Robotics Helps Cars Move, Park on Their Own

Imagine driving a car — one without self-driving capabilities — to a mall, airport or parking garage, and using an app to have the car drive off to park itself. Software company Seoul Robotics is using NVIDIA technology to make this possible — turning non-autonomous cars into self-driving vehicles. Headquartered in Korea, the company’s initial… Continue reading AI Shows the Way: Seoul Robotics Helps Cars Move, Park on Their Own

Dodge Challenger, Charger production is ending. Here’s how to snag one

Pontiac — It’s official: Dodge is ending production of the Challenger and Charger in their current form in December 2023 ahead of the launch of its all-electric muscle car in 2024. To help customers who want one of the gas-powered vehicles with a “Last Call” underhood plaque, Stellantis NV’s performance brand in October will have on its… Continue reading Dodge Challenger, Charger production is ending. Here’s how to snag one