Hyundai Motor is shipping the first 10 units of XCIENT Fuel Cell, the world’s first fuel cell heavy-duty truck, to Switzerland Hyundai will roll out 50 trucks this year and total of 1,600 units by 2025 Powered by 190-kW hydrogen fuel cell system, XCIENT Fuel Cell can travel approximately 400 km on a single charge… Continue reading @Hyundai: Hyundai XCIENT Fuel Cell Heads to Europe for Commercial Use
Tag: Mobility
@VW Group: Volkswagen Group Security supports WEISSER RING
Volkswagen Group Security is providing two Passat Variant GTE vehicles to assist the charitable association in its work supporting victims of crime. Volkswagen is also lending the organization a Volkswagen T6 and the historic Volkswagen T2 for a nationwide information tour of Germany. Michael Schmidt, Chief Security Officer of Volkswagen Group, handed over the keys… Continue reading @VW Group: Volkswagen Group Security supports WEISSER RING
@Toyota: Lexus Premieres New LS
Lexus premiered the updated version of its flagship sedan, the LS, and announced that sales in Japan begin late 2020. The first-generation LS debuted in 1989 and built the foundation of Lexus with the high praise earned by its exceptional quietness and comfort. Chief Branding Officer and Master Driver Akio Toyoda positions the LS―in all… Continue reading @Toyota: Lexus Premieres New LS
ALYI – Alternet Sustainable EV Ride-share Business Accelerates Amid Industry Momentum
DALLAS, July 7, 2020 /PRNewswire/ — Alternet Systems, Inc. (USOTC: ALYI) today confirmed a $2.5 million prefunding deal in conjunction with a recently announced $25 million first tranche investment at a $50 million enterprise valuation that is anticipated to close within the next 90 days (see more investment details below). The $2.5 million confirmation is made in… Continue reading ALYI – Alternet Sustainable EV Ride-share Business Accelerates Amid Industry Momentum
Bridgestone Recognized by General Motors as a 2019 Supplier of the Year
“We are honored to be recognized once again by GM and proud of the hard work and dedication our teammates globally have consistently demonstrated to design best-in-class products and solutions that continue to meet and exceed the needs of our customers,” said Shannon Quinn, president, original equipment tires, U.S. and Canada, Bridgestone Americas Tire Operations.… Continue reading Bridgestone Recognized by General Motors as a 2019 Supplier of the Year
Uber: Uber Unveils Grocery Delivery
SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced that users in select Latin American and Canadian cities can now order groceries through the Uber and Uber Eats apps, in partnership with Cornershop, the popular grocery delivery startup based in Santiago, Chile. This follows the companies’ 2019 agreement for Uber to acquire a majority stake… Continue reading Uber: Uber Unveils Grocery Delivery
Indian automakers cut investments in loss-making EV subsidiaries
The ongoing industry crisis arising out of the Covid-19-driven lockdowns, other strategic and geo-political factors are compelling some leading Indian automotive companies to write off investments in their ailing foreign subsidiaries, particularly in the electric vehicle (EV) space. Bharat Forge plugs out of Tevva Motors, re-aligns TorkPune-based Bharat Forge is the latest automotive company to… Continue reading Indian automakers cut investments in loss-making EV subsidiaries
Balance sheet check: Daimler’s structural weaknesses take revenge in the corona crisis
Daimler headquarters in Stuttgart The brand’s wholesale sales slumped by more than a fifth in the first five months of 2020. (Photo: Imago) Munich Daimler is not that Lufthansa. Neither does the carmaker foreseeably fly out of the Leading index Dax, As a result of the corona pandemic, the Swabians still urgently need help from… Continue reading Balance sheet check: Daimler’s structural weaknesses take revenge in the corona crisis
Ola partners PhonePe for digital payment solutions
Shared mobility service provider Ola has entered into a strategic partnership with PhonePe, a digital payment platform. With this integration, Ola users can will get seamless payment experience on the mobile app. Ola says this move is part of its commitment to continuously introduce convenient, reliable and innovative solutions to ease the mobility experience, while… Continue reading Ola partners PhonePe for digital payment solutions
@niche: The Arrival Bus — Changing public transport for everyone
The Arrival Bus — Changing public transport for everyone by Alex Jarvis A bus for everyone We’ve made a bus. While our towns, cities, villages and the ways we move around them have changed drastically over the last few years, bus travel has stayed more or less the same for many decades. It’s often seen as a necessity rather than a… Continue reading @niche: The Arrival Bus — Changing public transport for everyone