Bengaluru: Smooth access to consumer finance has become a hurdle in the sale of commercial electric vehicles (EV) with banks wary of lending, worried over resale and residual value of EVs in the event of loan defaults. Sections of EV firms in the business of manufacture and sale of electric three and four wheelers like… Continue reading Commercial EV makers losing business as lenders deny loans worried over resale value
Tag: Mobility
With NEOLINE, the Michelin Group’s logistics is on the rise
With NEOLINE, the Michelin Group’s logistics is on the rise A commitment to transport pneumatic tires on the Halifax (Canada) / Saint-Nazaire – Montoir de Bretagne (France) line, as soon as the first cargo sailboat was commissioned. A test initiative to help decarbonize Michelin’s logistics operations. Michelin chooses the French start-up NEOLINE, offering carbon-free shipping… Continue reading With NEOLINE, the Michelin Group’s logistics is on the rise
Robots are clawing their way into our future
From its roots as a convention where manufacturers met with dealers to secure orders, CES primarily features products that companies have on a firm shipping schedule. But the show also has its share of tantalizing teases. Some of these are products on the precipice of availability such as the NEC LaVie mini (which seems to… Continue reading Robots are clawing their way into our future
Joining with Toyota and Uber gives Amazon-backed Aurora the tools it needs to take on self-driving leader Waymo
Three recent deals have given Aurora access to ride-hailing and car-building expertise. The latest, a partnership with Toyota, puts Aurora in a better position to compete with Waymo. But Aurora still has to prove it can put robotaxis on the road. Visit the Business section of Insider for more stories. Aurora Innovation has announced three… Continue reading Joining with Toyota and Uber gives Amazon-backed Aurora the tools it needs to take on self-driving leader Waymo
Uber CEO dismisses bitcoin investment, could use for transactions: CNBC
By Reuters Staff 1 Min Read FILE PHOTO: Uber CEO Dara Khosrowshahi speaks during a meeting with the Economic Club of New York in New York City, New York, U.S., December 4, 2019. REUTERS/Andrew Kelly/File Photo (Reuters) – Uber Technologies Chief Executive Dara Khosrowshahi said on Thursday that the company discussed and “quickly dismissed” the… Continue reading Uber CEO dismisses bitcoin investment, could use for transactions: CNBC
Passenger vehicle sales surge continues with 11% rise in January: SIAM
Representative Image New Delhi: The passenger vehicle segment clocked a growth of 11.14% in January 2021 at 276,554 units, thus remaining in the positive territory for the sixth straight month, against 248,840 units in the corresponding month a year ago, according to the latest data released by the Society of Automobile Manufacturers (SIAM). The year-on-year… Continue reading Passenger vehicle sales surge continues with 11% rise in January: SIAM
EU should target 1m EV public chargers by 2024, say carmakers, environmentalists and consumer groups
Brussels, 11 February 2021 – Carmakers, environmentalists and consumer groups are calling on the EU to set ambitious targets per country for the deployment of electric vehicle charging points. In a common letter today, the European Automobile Manufacturers’ Association (ACEA), Transport & Environment (T&E) and the European Consumer Organisation (BEUC) asked the EU climate, transport,… Continue reading EU should target 1m EV public chargers by 2024, say carmakers, environmentalists and consumer groups
BusUp Raises $6M in Series A Funding
BusUp, a Spanish corporate bus commuter management solution in the E.U. and LatAm, closed its $6m Series A financing. The round was led by Proeza Ventures, and supported by US transportation venture capital firm Autotech Ventures (investor in Lyft and Volta Charging), and IESE’s Business School venture fund Finaves V, among others. The company intends… Continue reading BusUp Raises $6M in Series A Funding
Fimatix UK Ltd partners with Privacy4Cars to address vehicle privacy compliance burden in Europe
Platform to Track and Manage Deletion of Personal Information in Vehicles Now Available in the UK and EU LONDON, Feb. 11, 2021 /PRNewswire/ — Fimatix UK Ltd, a leading Digital Technology Services Consultancy, announced today a new distribution partnership with Privacy4Cars, the first-of-its-kind platform designed to help erase Personal Information (PI) from modern vehicles. The… Continue reading Fimatix UK Ltd partners with Privacy4Cars to address vehicle privacy compliance burden in Europe
Volkswagen eyes air taxi market in China – Metalbulletin.com
The Volkswagen Group is developing an air taxi that will allow passengers to skip land-based gridlock and avoid public transport amid the ongoing Covid-19 pandemic. “We’re developing a drone that’s ready to be licensed. That opens the possibility for us to participate in the future market of individual mobility that takes place in the air… Continue reading Volkswagen eyes air taxi market in China – Metalbulletin.com