LOVELAND, Colo., Oct. 20, 2020 /PRNewswire/ — Lightning Systems, a leading provider of complete electrification solutions for commercial fleets, today announced that it is expanding and renaming the company to Lightning eMotors, effective immediately. Continue Reading Electric drivetrains being assembled at Lightning eMotors’ facility in Loveland, CO “When we originally selected Lightning Systems as our name,… Continue reading Lightning Systems Renames Company Lightning eMotors, Expands to Meet Growing Demand for Medium-Duty Commercial EVs
Tag: Mobility
Senmiao Technology Announces Signing of Framework Agreement with BYD to Purchase and Jointly Promote Electric Vehicles for Ride-Sharing
CHENGDU, China, Oct. 20, 2020 /PRNewswire/ — Senmiao Technology Limited (“Senmiao”) (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China, today announced the signing of a Framework Agreement with BYD Auto Sales Co., Ltd., a wholly owned subsidiary of BYD Company Limited (“BYD”,(HK:1211)), for the sale of… Continue reading Senmiao Technology Announces Signing of Framework Agreement with BYD to Purchase and Jointly Promote Electric Vehicles for Ride-Sharing
Magna Names Seetarama (Swamy) Kotagiri Chief Executive Officer
Kotagiri, current Magna President and 21-year company veteran, to succeed Don WalkerWalker to retire at end of 2020 after 15 consecutive years as CEO, 33 years with MagnaMedia conference call to be held today, October 20, at 8 a.m. EDTAURORA, Ontario, Oct. 20, 2020 (GLOBE NEWSWIRE) — Magna announced today that its Board of Directors… Continue reading Magna Names Seetarama (Swamy) Kotagiri Chief Executive Officer
@niche: Keolis and Navya take a new step in autonomous mobility with the entry into service of their first shuttle without an onboard safety operator, in Châteauroux, France000196
Keolis and Navya, partners in autonomous mobility since 2016, have launched their first fully autonomous shuttle service at the French […] Keolis and Navya, partners in autonomous mobility since 2016, have launched their first fully autonomous shuttle service at the French National Shooting Sports Centre (CNTS) in Châteauroux. This service aims at transporting athletes and… Continue reading @niche: Keolis and Navya take a new step in autonomous mobility with the entry into service of their first shuttle without an onboard safety operator, in Châteauroux, France000196
@Tata: Tata Motors Passenger Vehicles Business joins hands with HDFC Bank to provide ex ..
17 October, 2020 Key Highlights: EMI per lakh per month starting as low as Rs. 799/- at attractive rate of interest Flexible EMI options available Enjoy up to 100% ex-showroom funding on the entire PV range Loan tenure of up to 5-years Schemes available on all passenger vehicles Tata Motors, India’s leading automotive brand, in… Continue reading @Tata: Tata Motors Passenger Vehicles Business joins hands with HDFC Bank to provide ex ..
Toyota bets on start-up Tugende’s small loans to boost Africa business
By Elias Biryabarema 3 Min Read KAMPALA (Reuters) – The trading arm of the Toyota Group has invested $4 million in Ugandan start-up Tugende, saying it hopes the firm’s loans to small, independent businesses will also help customers buy the carmaker’s vehicles. Launched in 2012 in Uganda, Tugende began by offering motorcycle loans to riders… Continue reading Toyota bets on start-up Tugende’s small loans to boost Africa business
@BMW: Ad-hoc announcement: Preliminary free cash flow for the Automotive segment of BMW AG in the third quarter of 2020 above market expectations000661
Munich. The preliminary free cash flow for the Automotive segment of BMW AG in the third quarter 2020 amounts to €3,065 million (previous year: €714 million) and thus exceeds current market expectations. This was due in particular to a faster recovery in several markets, which led to higher sales growth. In addition, a focused management has… Continue reading @BMW: Ad-hoc announcement: Preliminary free cash flow for the Automotive segment of BMW AG in the third quarter of 2020 above market expectations000661
World NM: E-motorbike startup ION Mobility raises US$3.3m in seed funds000297
ION Mobility, a Singapore-based smart electric motorbike startup has clinched US$3.3 million in seed funding to launch its first motorbike in Indonesia in 2021, as well as to expand regionally. The investors in the seed round included venture firms Monk’s Hill Ventures, TNB Aura, Village Global, kipleX, 500 Startups’ South-east Asia-focused 500 Durians fund, an… Continue reading World NM: E-motorbike startup ION Mobility raises US$3.3m in seed funds000297
Romeo Packs by Romeo Power: The First Battery Pack Family for Commercial Vehicles
LOS ANGELES, Oct. 19, 2020 /PRNewswire/ — Romeo Power, the manufacturer of advanced battery packs with high energy density for electric vehicles, has released a family of battery packs that range in size from 30kWh to 1 MWh to serve the commercial vehicle market. Romeo’s technology has solved the problem of quickly getting electric commercial trucks… Continue reading Romeo Packs by Romeo Power: The First Battery Pack Family for Commercial Vehicles
@Hyundai: Human-Centered Value Chain Innovation | Hyundai Motor Group Innovation Center in Singapore
Play The groundbreaking ceremony for Hyundai Motor Group Innovation Center in Singapore (HMGICS) was held online, presenting a new paradigm of seamless customer experience and innovation of future value chain. HMGICS is an open innovation base that researches and demonstrates customer’s entire mobility lifecycle value chain, and it will be completed at the end of… Continue reading @Hyundai: Human-Centered Value Chain Innovation | Hyundai Motor Group Innovation Center in Singapore