Porsche’s electric bike shopping spree isn’t over. The German automaker announced Thursday that it would be acquiring Fazua, an e-bike drivetrain manufacturer that specializes in lightweight motors. After buying a 20 percent stake in the company earlier this year, Porsche said it would acquire all of Fazua’s shares, making it the latest e-bike company to… Continue reading Porsche is acquiring German e-bike company Fazua in its latest micromobility purchase
Tag: Mobility
German Handelsblatt: Auto industry: The approaching end for e-fuels is affecting Porsche and its suppliers in particular004466
The lobbyists of the internal combustion engine in Brussels had fought for a long time. On Wednesday evening, the Parliament of the European Union probably sealed their defeat. The committee has decided to ban the sale of vehicles with combustion engines from 2035. It is considered likely that the member countries will agree. The combustion… Continue reading German Handelsblatt: Auto industry: The approaching end for e-fuels is affecting Porsche and its suppliers in particular004466
A month with DJI Mini 3 Pro
I always thought the DJI Mini 2 was the perfect drone for most pilots — either beginners looking for a reliable drone or experienced pilots who want a more portable solution. Aside from its compactness, it was also affordable at $449 and provided very good, if not quite great, image quality. The newly announced DJI… Continue reading A month with DJI Mini 3 Pro
Beijing gives initial nod to reviving Ant IPO plans in Shanghai, HK
China’s central leadership has given a tentative green light to Jack Ma’s Ant Group to revive its initial public offering in Shanghai and Hong Kong, two sources with knowledge of the matter told Reuters on Thursday. Ant, an affiliate of Chinese e-commerce behemoth Alibaba Group Holding Ltd, aims to file the preliminary prospectus for the… Continue reading Beijing gives initial nod to reviving Ant IPO plans in Shanghai, HK
Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for May 2022
CHENGDU, China, June 9, 2022 /PRNewswire/ — Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China, as well as an operator of its own online ride-hailing platform, today announced the operating metrics for its proprietary online ride-hailing platform for the month of… Continue reading Senmiao Technology Announces Ride-Hailing Platform Operating Metrics for May 2022
Jio-BP to set up EV charging and swapping infra at Omaxe properties
Real estate developer Omaxe Ltd, has partnered with Jio-bp, a fuel and mobility joint venture between Reliance Industries Limited (RIL) and bp, to establish a battery charging ecosystem for electrical vehicles. In a statement, Jio-bp said it will set up EV charging and swapping infrastructure at various Omaxe properties across Delhi, Noida, Greater Noida, Faridabad,… Continue reading Jio-BP to set up EV charging and swapping infra at Omaxe properties
Yamaha’s MBSI forays into two-wheeler leasing
Yamaha’s mobility solutions subsidiary, Moto Business Service India (MBSI) announced its India operation with 2-Wheeler Asset Management Services in New Delhi. The company’s first investment is with Zypp Electric, a last-mile delivery service, with the launch of 250 Hero Electric two-wheelers in New Delhi. MBSI’s gameplan is to increase the usage of vehicles on shared/rental platforms,… Continue reading Yamaha’s MBSI forays into two-wheeler leasing
Showplace Raises $2 Million in Funding
Showplace, a Denver, CO-based platform for smarter hosting, raised $2m in funding. The round was led by Matchstick Ventures with participation from Boost VC, Taurus Ventures, and angel investors Logan Green, CEO of Lyft; Matt Van Horn, CEO of June; Garrett Smallwood, CEO of Wag; Jonathan Chen, Head of M&A at Twitter; and James Beshara,… Continue reading Showplace Raises $2 Million in Funding
@BMW: Stephan Reiff to take over as Vice President Customer, Brand, Sales at BMW Motorrad.002047
Munich/Bruxelles. Stephan Reiff will take over as Vice President Customer, Brand, Sales at BMW Motorrad on 1 July 2022 and will be responsible for the brand’s global sales and marketing activities.Mr. Reiff is an experienced sales and product expert, who has held various leading positions at BMW and MINI in sales steering, product and price… Continue reading @BMW: Stephan Reiff to take over as Vice President Customer, Brand, Sales at BMW Motorrad.002047
Automotive Camera Market to Reach US$ 24.98 Bn by 2031, Finds TMR Study
Need for improving vehicle safety, users’ convenience, and driver’s comfort reinforcing automotive camera market; Vehicle manufacturers keen on adopting cameras of remarkable precision and high lens quality Rise in demand for camera modules featuring cutting-edge technologies particularly thermal to expand avenues; Asia Pacific market to witness massive revenue growth, bolstered by adoption of ADAS ALBANY,… Continue reading Automotive Camera Market to Reach US$ 24.98 Bn by 2031, Finds TMR Study