Tag: Mobility

Grab Reports Third Quarter 2021 Results

Gross Merchandise Value (“GMV”) reached a new quarterly record of $4.0 billion, up 32% year-over-year (“YoY”) in spite of a challenging operating environment Deliveries GMV grew 63% YoY; Grab expects a strong recovery in mobility heading into Q4 2021 Average spend per user [1] on Grab’s platform grew 43% YoY to hit a record high… Continue reading Grab Reports Third Quarter 2021 Results

Kia teases Concept EV9 – a manifestation of its vision as a sustainable mobility solutions provider

The first visuals of the concept SUV show an ultramodern exterior design, the schematics of which hint at a contemporary recreational treatment that’s brought to the fore by an upright and capable stylistic stance. The renderings illustrate a highly conceptual cabin that has been honed to give the driver and passengers a light, flexible and… Continue reading Kia teases Concept EV9 – a manifestation of its vision as a sustainable mobility solutions provider

BlueWing Motors, a Green Smart Mobility Startup, Signs MOU with Indonesia’s UNS for Joint Ventures and Technology Exchanges for Two-wheelers

Under the MOU, BlueWing Motors will make inroads into Indonesia, where government-led policies are currently being implemented to reduce the nation’s greenhouse gas (GHG) emissions, to convert two-wheelers into electric vehicles. Through its collaboration with UNS, BlueWing Motors will be able to participate in state-led projects in Indonesia, such as those aimed at converting fuel-powered… Continue reading BlueWing Motors, a Green Smart Mobility Startup, Signs MOU with Indonesia’s UNS for Joint Ventures and Technology Exchanges for Two-wheelers

@Daimler: 11. Nov 2021Daimler Truck is ready for stock market listing on December 10th – unlocking its full potential

Karin Rådström, responsible for the regions Europe and Latin America and the brand Mercedes-Benz, explained that – despite some extraordinary challenges for the industry – Mercedes-Benz is making good progress to drive the segment’s turnaround: Personnel cost reduction programs worth €280 million are already halfway through and the organization is becoming leaner by reducing the… Continue reading @Daimler: 11. Nov 2021Daimler Truck is ready for stock market listing on December 10th – unlocking its full potential

@Daimler: 27. Oct 2021Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management

October 27, 2021 – Daimler is aligning the Management Board responsibilities between Daimler AG and Mercedes-Benz AG to enable leaner decision-making in the wake of the separation of Trucks and Buses from Cars and Vans. After synchronizing the Board memberships of Mercedes-Benz AG and Daimler AG, the parent company Daimler is also due to be… Continue reading @Daimler: 27. Oct 2021Daimler aligns Board responsibilities after Trucks split: Jörg Burzer to join Board of Management

Grab’s Q3 net loss widens to $988m, revenue down by 9%

Singapore-headquartered ride-hailing and deliveries company Grab on Thursday said it has reported a net loss of $988 million in the third quarter of this year, up 59% from a net loss of $621 million in the same period last year, according to its report on the third-quarter earnings. The company said its Q3 losses widened… Continue reading Grab’s Q3 net loss widens to $988m, revenue down by 9%

Nexteer Automotive Honored with Two CES 2022 Innovation Awards for Steer-by-Wire with Stowable Steering Column and Automated Steering Actuator

AUBURN HILLS, Mich., Nov. 11, 2021 /PRNewswire/ — Nexteer Automotive has been recognized twice as a CES 2022 Innovation Awards Honoree in the “Vehicle Intelligence & Transportation” product category for its Steer-by-Wire (SbW) with Stowable Steering Column and its Automated Steering Actuator. Nexteer’s combination of SbW with Stowable Steering Column reinvents the “behind-the-wheel” experience and opens an… Continue reading Nexteer Automotive Honored with Two CES 2022 Innovation Awards for Steer-by-Wire with Stowable Steering Column and Automated Steering Actuator

EV start-up Boom Motors launches moto-scooters at Rs 89,999

Start-ups plugging into electric mobility is now mega trend. The latest in India is the Coimbatore-based Boom Motors, which has launched its Corbett 14 (single battery and 100km range) and Corbett 14-EX (dual battery and 200km range) moto-scooters. They are priced at Rs 89,999 and Rs 124,999 respectively. In terms of tech specs, the Corbett… Continue reading EV start-up Boom Motors launches moto-scooters at Rs 89,999

@Hyundai: Kia pledges to become a ‘Sustainable Mobility Solutions Provider’ and unveils roadmap to achieve carbon neutrality by 2045

(Seoul) November 11, 2021 – Kia Corporation has set out its vision to become a truly sustainable, responsible, and innovative mobility solutions leader, announcing a commitment to achieve carbon neutrality by 2045. Kia announced its corporate vision at its ‘Kia Sustainability Movement’ virtual presentation on November 11. Kia’s vision to become a ‘Sustainable Mobility Solutions Provider’ reflects… Continue reading @Hyundai: Kia pledges to become a ‘Sustainable Mobility Solutions Provider’ and unveils roadmap to achieve carbon neutrality by 2045