Chinese ride-hailer Didi says will be more transparent on driver income after criticism

China’s Didi Global Inc said on Monday drivers in several Chinese cities will be able to know details on how Didi pays them, the first big move by the ride-hailing giant after it was criticised by state media that it pays drivers unfairly. In a post on Weibo, Didi said drivers in seven Chinese cities will be the first to know… Continue reading Chinese ride-hailer Didi says will be more transparent on driver income after criticism

Mahindra World City, EVRE ink pact to get 1,500-acre commercial township electric vehicle ready

Mahindra World City, Chennai has entered into a partnership with electric vehicle (EV) charging and battery swapping solutions provider EVRE to enable EV-readiness for the country’s first public-private partnership (PPP) commercial integrated township spread over 1,500 acres. With this deployment, Mahindra World City Chennai, which is an 89:11 alliance between Mahindra Lifespace Developers and Tamil… Continue reading Mahindra World City, EVRE ink pact to get 1,500-acre commercial township electric vehicle ready

@VW Group: Norway: a country electrified003669

Erling Henningstad loves fast, dynamic cars that handle beautifully. And he has known for many years that an internal combustion engine isn’t necessary to achieve that dream. The Oslo-based IT entrepreneur bought his first electric car back in 2012, and some 250,000 km later, he knows the new powertrain system inside-out. Best seller: the Taycan has allowed… Continue reading @VW Group: Norway: a country electrified003669

Mercedes primes luxury EQG electric G-Class 4×4

Mercedes-Benz will preview the long-mooted electrification of its G-Class SUV with a concept at the Munich motor show that will spearhead the roll-out of a 4×4 sub-brand. It has been nearly two years since CEO Ola Källenius confirmed that the Magna-built Land Rover Defender rival – launched in 1979 as the G-Wagen – would gain… Continue reading Mercedes primes luxury EQG electric G-Class 4×4

LG Energy Solution to have 6-year access to nickel, cobalt from Australian Mines amid heated competition over raw materials

LG Energy Solution secures 71,000 tonnes of nickel and 7,000 tonnes of cobalt for stable supply of key battery materials Secured key raw materials to power 1.3 million high-performance EVs LGES to raise competitiveness in ESG management by procuring raw materials using the most sustainable method SEOUL, South Korea, Aug. 15, 2021 /PRNewswire/ — LG… Continue reading LG Energy Solution to have 6-year access to nickel, cobalt from Australian Mines amid heated competition over raw materials

Nuvve and Blue Bird use Fleet-as-a-Service leasing model for V2G-equipped electric school buses

Nuvve Holding (Nasdaq: NVVE), the developer of a proprietary vehicle-to-grid (V2G) platform, and iconic school bus manufacturer Blue Bird (Nasdaq: BLBD) plan to use the financing resources of Levo Mobility to allow customers to lease V2G-enabled electric school buses, charging infrastructure and energy management for a flat monthly fee. Levo Mobility is a joint venture… Continue reading Nuvve and Blue Bird use Fleet-as-a-Service leasing model for V2G-equipped electric school buses

@Groupe PSA: PR COMBINING FAURECIA AND HELLA TO CREATE A GLOBAL LEADER IN FAST- GROWING AUTOMOTIVE TECHNOLOGIES, FULLY ALIGNED WITH INDUSTRY MEGATRENDS002291

✓ Creation of the #7 global automotive supplier, with a highly advanced technologyportfolio addressing all industry megatrends✓ Combination of two highly complementary companies, sharing the same focus oninnovation, operational excellence, customer satisfaction and ESG✓ Hella’s identity, businesses and employees will play a major role within the combinedGroup, Lippstadt will be global headquarter for three out… Continue reading @Groupe PSA: PR COMBINING FAURECIA AND HELLA TO CREATE A GLOBAL LEADER IN FAST- GROWING AUTOMOTIVE TECHNOLOGIES, FULLY ALIGNED WITH INDUSTRY MEGATRENDS002291

Faurecia to Take Over Auto Supplier Hella in $8 Billion Deal

(Bloomberg) — Faurecia SE agreed to take over Hella GmbH in a deal valuing the German automotive supplier at 6.8 billion euros ($8 billion), beating out rival bidders from the European car-parts industry. Nanterre, France-based Faurecia will purchase a 60% stake from Hella’s founding Hueck family through a mixture of cash and stock, according to… Continue reading Faurecia to Take Over Auto Supplier Hella in $8 Billion Deal

Combining Faurecia and Hella to create a global leader in fast-growing automotive technologies, fully aligned with industry megatrends

Nanterre (France), August 14, 2021 COMBINING FAURECIA AND HELLA TO CREATE A GLOBAL LEADER IN FAST-GROWING AUTOMOTIVE TECHNOLOGIES, FULLY ALIGNED WITH INDUSTRY MEGATRENDS FAURECIA TO LAUNCH A PUBLIC TENDER CASH OFFER ON HELLA AND ACQUIRE ITS 60% STAKE FROM THE FAMILY POOL Creation of the #7 global automotive supplier, with a highly advanced technology portfolio… Continue reading Combining Faurecia and Hella to create a global leader in fast-growing automotive technologies, fully aligned with industry megatrends

Simple Energy launches 240km range e-scooter for Rs 110,000

Simple Energy has launched its Simple One electric scooter at Rs 110,000 (ex-showroom), which this excludes state subsidies. Powering the One is a 4.5kW motor that develops a claimed max torque figure of 72Nm. This motor gives the scooter a claimed 0-40kph time of 2.95sec. The claimed top speed, meanwhile, is 98kph or 105kph, depending… Continue reading Simple Energy launches 240km range e-scooter for Rs 110,000