GM and Honda join hands for next-gen EV battery development

General Motors Co and Honda have announced an agreement for new advanced chemistry battery components, including the cell and module, to accelerate both companies’ plans for all-electric vehicles. The next-generation battery will deliver higher energy density, smaller packaging and faster charging capabilities for both companies’ future products, mainly for the North American market. Under the… Continue reading GM and Honda join hands for next-gen EV battery development

Volvo Cars Sets New Goal for Robo-Taxis in Biggest Industry Bet

Volvo Cars is betting driverless vehicles will make up one-third of its deliveries by the middle of the next decade, setting the auto industry’s most ambitious target yet for the new technology. Half of the cars the Swedish company offers will be available through its subscription service, creating links to more than 5 million consumers… Continue reading Volvo Cars Sets New Goal for Robo-Taxis in Biggest Industry Bet

Peer-to-Peer Ridesharing Platform, HyreCar Files Registration Statement for Proposed Initial Public Offering

LOS ANGELES, June 7, 2018 /PRNewswire/ — Today, HyreCar Inc. announced it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed initial public offering of shares of its common stock. HyreCar Inc. plans to offer 2,100,000 shares of its common stock at a… Continue reading Peer-to-Peer Ridesharing Platform, HyreCar Files Registration Statement for Proposed Initial Public Offering

British automotive company Cosworth eyes New York IPO in 2019

NEW YORK, June 7 (Reuters) – Cosworth, the British automotive engineering company famous for the engines it once made for Formula One racing teams, plans an initial public offering (IPO) in New York as early as next year, Chairman Kevin Kalkhoven said on Thursday. Cosworth has broadened its focus in recent years from manufacturing engines… Continue reading British automotive company Cosworth eyes New York IPO in 2019

GM Expands Honda Partnership With Electric-Car Battery Tie-Up

LISTEN TO ARTICLE SHARE THIS ARTICLE General Motors Co. agreed to collaborate with Honda Motor Co. on electric-vehicle batteries, expanding cooperation between the U.S. and Japanese automakers on next-generation powertrains for cleaner cars. Honda intends to use cells and modules from the largest U.S. automaker in electric vehicles built mostly for the North American market,… Continue reading GM Expands Honda Partnership With Electric-Car Battery Tie-Up

Mobility start-up: Carrier broker Gett collects $ 80 million from VW and Co.

The taxi app “Gett” Gett is to become a central building block of the VW mobility services business under the Moia brand. (Photo: AP) New York agent Gett gets $ 80 million in fresh money Volkswagen and other recent investors. The start-up was valued at a total of 1.4 billion dollars, said founder and boss… Continue reading Mobility start-up: Carrier broker Gett collects $ 80 million from VW and Co.

Alphabet’s Waymo hopes to bring robo-taxi service to Europe

TURIN, Italy (Reuters) – Alphabet Inc’s self-driving unit Waymo wants to bring its robo-taxi service to Europe after it launches in the United States later this year. FILE PHOTO: John Krafcik CEO of Waymo is pictured during the unveiling of a driverless car in New York City, the United States, March 27, 2018. REUTERS/Brendan McDermid/File… Continue reading Alphabet’s Waymo hopes to bring robo-taxi service to Europe

May 30, 2018: StreetScooter opens second manufacturing facility in Düren

StreetScooter GmbH, a subsidiary of Deutsche Post DHL Group and leading producer of electric delivery vehicles, has opened its second manufacturing facility. With immediate effect, up to 10,000 electric vans per year will run off the production line at the automotive supplier’s new 78,000 m2 factory in Düren, corresponding to a daily production rate of… Continue reading May 30, 2018: StreetScooter opens second manufacturing facility in Düren

Manage Your Fleet by Connecting to Better Data with Ford Commercial Solutions

Ford Commercial Solutions is introducing two new connected vehicle products designed to provide fleets with key insights about their own performance and solutions to help improve their business  The new Data Services product gives fleet managers and telematics service providers direct access to valuable OEM-grade vehicle data, allowing them to better manage their fleets A… Continue reading Manage Your Fleet by Connecting to Better Data with Ford Commercial Solutions