May 22, 2018 The Renault-Nissan-Mitsubishi alliance’s new venture capital fund has agreed five investments in four months totaling $50 million and will present another to its supervisory board next week, the fund’s head said. The alliance said in January it was setting up the fund with plans to invest as much as $1 billion over… Continue reading New Renault-Nissan-Mitsubishi VC fund invests first $50m in car tech startups
Tag: Mobility
WiBLE, the ‘car sharing’ of Kia and Repsol in Madrid, will start operating in June for 0.24 euros per minute
Posted 05/22/2018 2:28:29 PM The company plans to have a network of 15 private car parks (with reserved spaces) inside the M-30 MADRID, May 22 (EUROPA PRESS) – WiBLE, the new car sharing company of Kia and Repsol in Madrid, will start operating next month in and out of the central almond of the capital… Continue reading WiBLE, the ‘car sharing’ of Kia and Repsol in Madrid, will start operating in June for 0.24 euros per minute
Nissan: Nissan to expand ProPILOT technology to additional models
Qashqai/Rogue Sport among vehicles to receive technology following strong global market performance YOKOHAMA, Japan – Nissan’s innovative ProPILOT* semi-autonomous driving system has been a success with customers, with more than 120,000 vehicles featuring the technology sold globally. The availability of ProPILOT* is now set to expand to additional models, including the Nissan Qashqai in Canada… Continue reading Nissan: Nissan to expand ProPILOT technology to additional models
Nissan: Nissan reports full-year results for fiscal year 2017
Nissan generated an operating profit of 574.8 billion yen on net revenues of 11.95 trillion yen YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced financial results for the 12-month period to March 31, 2018. For the first nine months of the fiscal year, the company faced significant costs associated with special items, inventory adjustments… Continue reading Nissan: Nissan reports full-year results for fiscal year 2017
The Europcar Group changes its name to Europcar Mobility Group
Posted 05/22/2018 12:32:08 CET MADRID, May 22 (EUROPA PRESS) – The car rental company Grupo Europcar has changed its corporate name to Europcar Mobility Group, in order to reflect the transformation being carried out by the company, the French company said in a statement. The firm highlighted that, since 2014, it is experiencing “a deep… Continue reading The Europcar Group changes its name to Europcar Mobility Group
Coventry-made driverless pods ready to roll
Coventry-made self-driving vehicles which will form part of the biggest autonomous vehicle trials in the UK are ready to roll. Ten ‘Pod Zero’ vehicles made by Aurrigo, a division of RDM Group, have arrived in Milton Keynes, where they will soon be taking to the pavements and streets of the town. The pods are being… Continue reading Coventry-made driverless pods ready to roll
IS FUEL-CELL TECHNOLOGY THE NEW HOLY GRAIL?
Today, zero emissions mobility is synonymous with battery electric vehicles. But there are many situations where this solution is not adapted to our needs, for example, in long-distance driving where high autonomy and short recharging times are important factors. In the future, many different use cases will emerge adapted to personal mobility and business needs, the powertrain mix will evolve accordingly to meet these multiple scenarios. The hydrogen-powered fuel cell is… Continue reading IS FUEL-CELL TECHNOLOGY THE NEW HOLY GRAIL?
Volkswagen ID hatch to stay true to concept, says design boss
The design of the production version of the Volkswagen ID hatchback has been signed off and stays true to the concept first seen in 2016, according to VW’s design boss, Klaus Bischoff. The ID hatchback, due on sale in 2019, is the first model from the VW brand to be designed as an electric vehicle from the… Continue reading Volkswagen ID hatch to stay true to concept, says design boss
Lyft hires former Tesla Autopilot manager for self-driving car efforts
Sameer Qureshi has left his role as a senior manager of Tesla Autopilot Programs and has joined Lyft, according to his LinkedIn. We first saw the news over on Electrek. Tesla declined to comment, but Lyft confirmed Qureshi joined the team this week. At Lyft, Qureshi is now director of product for autonomous driving, specifically focused… Continue reading Lyft hires former Tesla Autopilot manager for self-driving car efforts
Lyft may be getting into the electric scooter game
Mike Blake / Reuters Lyft seems to be eyeing a move into the electric scooter craze — the company is considering applying for a permit to run a service in San Francisco, The Information reported, and it’s in the early stages of working on prototypes. Some companies like Bird, Lime and Spin already have scooters… Continue reading Lyft may be getting into the electric scooter game