China’s ride-sharing leader Didi Chuxing has continued its global march after it officially launched in Mexico, expanding its battle with Uber to a new front. The company raised $4 billion in December to expand overseas and it hasn’t held back on doing so this year. Hot on the heels of moves into Brazil, Taiwan and… Continue reading China’s Didi Chuxing launches its ride-hailing service in Mexico
Tag: Mobility
NIO Capital Said Raising $500M Offshore Fund For Auto Investment
NIO Capital, a private equity fund established by Chinese electric car company NIO, is close to completing the first round of a US$500 million offshore fund that will invest in new automotive technologies, according to media reports. NIO Capital did not immediately respond to China Money Network’s email seeking for comment. The company is in… Continue reading NIO Capital Said Raising $500M Offshore Fund For Auto Investment
Groupe PSA and Huawei Unveil Their First Connected Vehicle
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG) has built its Connected Vehicle Modular Platform (CVMP) for its connected vehicles, using Huawei’s OceanConnect IoT1platform. DS 7 CROSSBACK, launched this month in China, is the first vehicle to benefit from the CVMP. Customers can access new services such as connected navigation, natural language2 voice recognition and a… Continue reading Groupe PSA and Huawei Unveil Their First Connected Vehicle
Nissan will implement its new ‘retail concept’ in more than 9,000 dealerships until 2022
Posted 04/23/2018 14: 46: 33CET In Spain, the firm has 29 renovated facilities and it is expected that this year one third of the total number of dealers in the national market will be reached YOKOHAMA (JAPAN), 23 Apr (EUROPA PRESS) – The automobile company Nissan will implement its new ‘retail concept’ in the more… Continue reading Nissan will implement its new ‘retail concept’ in more than 9,000 dealerships until 2022
Dana Unveils Comprehensive Strategy for Electrification in Construction, Off-Highway Markets
PARIS, April 23, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today revealed new technologies in support of the rapidly evolving development of hybrid- and electric-powered construction and other off-highway vehicles at Intermat, the international exhibition for the civil engineering and structural building industries. Consistent with its approach in other vehicle markets, Dana’s strategy enables original-equipment manufacturers… Continue reading Dana Unveils Comprehensive Strategy for Electrification in Construction, Off-Highway Markets
Groupe PSA : COMMUNIQUE DE PRESSE
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory news: Carlos Tavares, Président du Directoire du Groupe PSA (Paris:UG), et Michael Lohscheller, PDG d’Opel, ont tenu aujourd’hui un échange avec les Ministres Allemands, Peter Altmaier, Ministre Fédéral de l’Économie et de l’Énergie, et Hubertus Heil, Ministre Fédéral du Travail et des Affaires Sociales. Le dialogue s’est avéré ouvert et constructif exprimant… Continue reading Groupe PSA : COMMUNIQUE DE PRESSE
Groupe PSA: Press Release
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Carlos Tavares, Chairman of Groupe PSA (Paris:UG) Managing Board, and Opel CEO Michael Lohscheller had today fruitful discussions with Peter Altmaier, German Federal Minister of Economic Affairs and Energy and Hubertus Heil, German Federal Minister of Labor and Social Affairs. The dialogue was open and constructive expressing shared desire to work… Continue reading Groupe PSA: Press Release
NIO Capital Is Said Close to Completing $500 Million Auto Fund
NIO Capital, the investment firm affiliated to Chinese electric-vehicle startup NIO, is close to completing the first round of its $500 million offshore fund that will put money in new automotive technologies, according to people with direct knowledge of the matter. The company is discussing with sovereign-wealth funds, energy and insurance companies in Asia and… Continue reading NIO Capital Is Said Close to Completing $500 Million Auto Fund
NIO Capital nears completing first round of $500m auto fund to tap new tech
April 22, 2018 NIO Capital, the investment firm backed by Chinese electric-vehicle startup NIO, is close to completing the first round of its $500 million offshore fund that will put money in new automotive technologies, according to people with direct knowledge of the matter. The company is discussing with sovereign-wealth funds, energy and insurance companies… Continue reading NIO Capital nears completing first round of $500m auto fund to tap new tech
Biting criticism of established car manufacturers: Ex-Opel boss Neumann goes to car startup Evolozcity
All articles and backgrounds 04/22/2018 Biting criticism of established car manufacturers Ex-Opel boss Neumann goes to car startup Evolozcity DPA Dominates the big stage: Karl-Thomas Neumann at the IAA 2013 with Chancellor Angela Merkel. There were many rumors about Karl-Thomas Neumann in recent months. Time should be the former boss of the automaker Opel take… Continue reading Biting criticism of established car manufacturers: Ex-Opel boss Neumann goes to car startup Evolozcity