BMW i4 confirmed for production

BMW has patented this design for a future i model The i4, as imagined by Autocar BMW has confirmed that it will produce an i4 to sit above the i3hatchback in its growing ‘i’ range of electric cars. During the company’s press conference at the Geneva motor show, chairman Harald Krüger said the model, which is expected to arrive close… Continue reading BMW i4 confirmed for production

Ofo Borrows $280M From Alibaba As Financial Troubles Escalate At Bike Sharing Firm

In a sign of financial distress derived from shareholder disagreements, bike sharing company Ofo has mortgaged its own bicycles in order to receive two loans worth RMB1.77 billion (US$280 million) from Alibaba’s affiliates, according to data from the National Enterprise Credit Information Publicity System.  By pledging more than four million bikes, ofo risks losing its most… Continue reading Ofo Borrows $280M From Alibaba As Financial Troubles Escalate At Bike Sharing Firm

Pininfarina HK GT: 792bhp coupe concept launched

Pininfarina has revealed its latest joint project with Hong Kong-based Hybrid Kinetic Group – a 792bhp 2+2 coupé with gullwing doors. Like the previous concepts, badged K550 and K750 for the two SUVs and H600 for the saloon, the HK GT has a micro-turbine generator acting as a range extender. The previous concepts’ ranges were quoted at around 621… Continue reading Pininfarina HK GT: 792bhp coupe concept launched

Mercedes-Benz will allow driving up to twelve new vehicles a year with a monthly rental rate

Posted 07/03/2018 14: 37: 27CET MADRID, Mar. 7 (EUROPA PRESS) – The Mercedes-Benz car company and Daimler Financial Services will create a new vehicle rental service that will allow customers to drive up to twelve new vehicles in a year for a fixed monthly rental fee, the company said in a statement. Thanks to the… Continue reading Mercedes-Benz will allow driving up to twelve new vehicles a year with a monthly rental rate

The Zenvo TSR-S Blurs The Line Between Racer And Street Machine

The TSR-S is a street legal version of the TSR – hence the ’S’ in the model name. Featuring an innovative and striking new active multi-axis Centripetal Wing and an in-house developed twin supercharged V8 engine, production of the TSR-S is now underway within Zenvo’s limited production of just five cars a year. Setting the… Continue reading The Zenvo TSR-S Blurs The Line Between Racer And Street Machine

EasyMile gets license for California

The provider of autonomous e-shuttles, EasyMile, has received a federal license for California. In the city San Ramon will be the Autonomous E-Shuttle of EasyMile Driving in California for the first time on the public road. A corresponding license can now be provided by the French company. This was issued but not by the authorities… Continue reading EasyMile gets license for California

Car2go reaches 200,000 users in Madrid, 41% more in 2017

Posted 07/03/2018 12: 35: 04CET MADRID, Mar. 7 (EUROPA PRESS) – The company of temporary use of vehicles or car sharing has reached 200,000 members in Madrid, after just over two years since its launch. As reported by car2go in a statement, Madrid is situated, in this way, as the second city with more users… Continue reading Car2go reaches 200,000 users in Madrid, 41% more in 2017

Audi and FAW will create two companies in China for the sale of vehicles, digital services and mobility

Posted 07/03/2018 12: 34: 13CET INGOLSTADT (GERMANY), 7 Mar. (EUROPA PRESS) – The automotive company Audi has signed on Wednesday an agreement with its Chinese partner FAW for the creation of two new companies for the sale of vehicles, as well as digital and mobility services, according to the German firm in a statement. “With… Continue reading Audi and FAW will create two companies in China for the sale of vehicles, digital services and mobility

Renault says Zity will be the first cost-effective car sharing service in Europe

Published 3/7/2018 12:33:43 PM GENEVA (SWITZERLAND), 7 Mar. (EUROPA PRESS) – The Zity shared mobility company, created through the collaboration between Renault and Ferrovial, can become very soon the first cost-effective car sharing service in Europe, according to Ivan Segal, CEO of Renault Iberia. Just three months after its launch, Segal has assured Europa Press… Continue reading Renault says Zity will be the first cost-effective car sharing service in Europe