MingZhu Logistics Enters into Share Purchase Agreement to Acquire CheYi Network

SHENZHEN, China, Dec. 29, 2021 /PRNewswire/ — MingZhu Logistics Holdings Ltd. (NASDAQ: YGMZ) (the “MingZhu” or “Company”), a leading trucking service provider, today announced that it entered into a Share Purchase Agreement (the “SPA”) on December 29, 2021 to acquire 100% of the equity interest of Cheyi (BVI) Limited (the “Cheyi BVI”) which operates its… Continue reading MingZhu Logistics Enters into Share Purchase Agreement to Acquire CheYi Network

Bajaj Auto to set up INR 300 cr EV manufacturing unit in Pune

Bajaj Auto announces a new EV manufacturing unit for India and exports at Akurdi (Pune); vehicles to roll out by June 2022 New Delhi: Homegrown two and three-wheelers manufacturer Bajaj Auto on Wednesday announced an investment of INR 300 crore (USD 40 Mn) unit at Akurdi for manufacturing Electric Vehicles. This unit will have a… Continue reading Bajaj Auto to set up INR 300 cr EV manufacturing unit in Pune

Bajaj Auto’s Rs 300 crore EV unit to come up in Pune, product rollout by June 2022

Five months after it announced a new subsidiary for electric and hybrid vehicles in the two-, three- and light four-wheeler categories, Bajaj Auto has announced an investment of Rs 300 crore and commenced work at a brand-new manufacturing faciiity at Akurdi, near Pune, for manufacturing EVs. The site is the location of the original and… Continue reading Bajaj Auto’s Rs 300 crore EV unit to come up in Pune, product rollout by June 2022

Waymo plans fleet of self-driving, all-electric robotaxis with Chinese automaker Geely

Alphabet’s self-driving car company Waymo is partnering with Chinese automaker Geely to create a fleet of all-electric, self-driving robotaxis. The cars will be designed in Sweden (where Geely owns Swedish carmaker Volvo) and will be adapted from Geely’s all-electric five-door Zeekr. Waymo will then outfit the cars with the hardware and software necessary for autonomous… Continue reading Waymo plans fleet of self-driving, all-electric robotaxis with Chinese automaker Geely

The Turkish Automotive Industry is the pillar of the European Automotive Industry

HAMBURG, Germany, Dec. 29, 2021 /PRNewswire/ — Turkey has become one of the most important manufacturers and suppliers of European automobile manufacturers in recent years. Thanks to the knowledge it holds, as well as its young and qualified workforce, the Turkish automotive and supply industry has become the most important production and supply center for… Continue reading The Turkish Automotive Industry is the pillar of the European Automotive Industry

Waymo will add custom-built EVs by Chinese company Geely to its robotaxi fleet

In the future, Waymo’s robotaxi fleet in the US will feature electric vehicles build specifically for the service by Chinese automaker Geely. The Alphabet company has teamed up with Geely to create a version of its recently launched all-electric Zeekr vehicle that’s custom-built for autonomous ride-hailing. Waymo has detailed and shown renders of the modified… Continue reading Waymo will add custom-built EVs by Chinese company Geely to its robotaxi fleet

Kamux moves to larger premises in Kaarina – expanding the selection

HELSINKI, Dec. 29, 2021 /PRNewswire/ — Kamux, a company specialising in used car sales, is relocating to larger premises in Kaarina, and at the same time the selection of cars will expand. “Kamux has been doing car sales in Kaarina for four years now, and now we are relocating to a bigger showroom. The large… Continue reading Kamux moves to larger premises in Kaarina – expanding the selection

Top-10 Cars & Bikes of 2021

After three days of gruelling testing at the BIC by the autoX (www.autox.com) team of experienced road testers – wherein they rate each machine out of a total score of 100 for quality, practicality, drivetrain, design, value-for-money, ride-and-handling, and much more – the winners have finally been crowned. Check out the ‘Best of 2021’ microsite… Continue reading Top-10 Cars & Bikes of 2021

Amara Raja eyes European EV market, to invest in battery maker InoBat

Automotive battery company Amara Raja Batteries has announced plans to invest in InoBat Auto, a European technology developer and manufacturer of premium innovative batteries for E-mobility. The initial investment will give Amara Raja a key foothold in the thriving European EV ecosystem, where multiple battery gigafactories are being set up to support the region’s determined… Continue reading Amara Raja eyes European EV market, to invest in battery maker InoBat

Future autonomous Waymo EV will be custom built for ride-hailing with no steering wheel

Waymo One is Alphabet’s Lyft/Uber competitor that’s live in Phoenix and currently undergoing testing in San Francisco. Waymo today announced a future EV for its US ride-hailing service that will be “rider-first” and have no steering wheel. Waymo today announced an OEM collaboration with Geely, a Chinese automotive company that has several subsidiary brands like… Continue reading Future autonomous Waymo EV will be custom built for ride-hailing with no steering wheel