E-bike sharing platform Zypp installs 20 battery swapping stations in Gurgaon

Gurgaon-based start-up Zypp (earlier Mobycy), an e-mobility company with focus on electric scooter sharing app, which operates in three cities, with over 1,000 e-scooters, e-bikes has announced its foray in battery swapping business. As part of the latest development, Zypp has installed 20 swapping stations across Gurgaon, which it says will enable more users to… Continue reading E-bike sharing platform Zypp installs 20 battery swapping stations in Gurgaon

China’s BAIC, Didi plan car leasing service amid new car sales slowdown

FILE PHOTO: The logo of Beijing Automotive Group (BAIC) is seen during the Auto China 2016 auto show in Beijing, China, April 29, 2016. REUTERS/Damir Sagolj BEIJING (Reuters) – Chinese automaker BAIC Group and ride-hailing service provider Didi Chuxing plan to team up with other industry players to lease BAIC’s cars to customers amid concerns… Continue reading China’s BAIC, Didi plan car leasing service amid new car sales slowdown

China’s BAIC, Didi plan car leasing service amid sales slowdown

Chinese automaker BAIC Group and ride-hailing service provider Didi Chuxing plan to team up with other industry players to lease BAIC’s cars to customers amid concerns about ride hailing and vehicle sharing eating into car sales. The companies, which have a joint venture to develop “next-generation connected-car systems”, will partner with electric vehicle (EV) battery… Continue reading China’s BAIC, Didi plan car leasing service amid sales slowdown

Interview with PSA CEO Carlos Tavares – view – The KXAN 36 News

The Portuguese Carlos Tavares (61), Chairman of the Board of the French PSA group, is regarded as the Superstar of the auto industry, since he saved Citroën DS, Peugeot and Opel from delicate situations, and has his PSA group profit margins, the Champion performs. To be concentrated at the beginning of this year, the China… Continue reading Interview with PSA CEO Carlos Tavares – view – The KXAN 36 News

­­­Nexteer Reports 2019 Financial Results

AUBURN HILLS, Mich., March 29, 2020 /PRNewswire/ — Nexteer Automotive today reported annual results for its fiscal year ended December 31, 2019.  The Company’s 2019 financial results were impacted by various environmental challenges including lower OEM light vehicle production across all regions, led by a decline in China, a GM-UAW labor strike in North America interrupting vehicle… Continue reading ­­­Nexteer Reports 2019 Financial Results

Coronavirus: a month off for the German automobile

The first German industry is at a standstill. One after the other, the major German car manufacturers have announced the closure of their assembly lines. A high social risk maneuver in a sector on which more than 840,000 jobs depend. Initially, 200,000 people are put on compulsory leave or invited to use their “time credit”.… Continue reading Coronavirus: a month off for the German automobile

Q&A: Mercedes CEO on EV strategy, F1, Smart and more

Will there be an electric G-Class? “The G-Wagen seems to transcend all segments. It’s its own company, almost. But yes, the G-Wagen will go electric in a few years.” Will you keep your connection with Formula 1? “As you know, negotiations are proceeding right now over the framework of a new F1 agreement for the… Continue reading Q&A: Mercedes CEO on EV strategy, F1, Smart and more

@GM: Wuling Reveals Photos of Its First Electric Vehicle

Wuling Reveals Photos of Its First Electric Vehicle 2020-03-23 SHANGHAI – Wuling today revealed photos of the exterior of its first all-electric vehicle. Inspired by the popular kei car in Japan, the Wuling electric vehicle’s styling is characterized by straight lines and square elements. The two-door sedan with four seats will become a convenient tool… Continue reading @GM: Wuling Reveals Photos of Its First Electric Vehicle

@Honda: GAC Honda to Absorb Honda Automobile (China)

March 29, 2020 – GAC Honda Automobile Co., Ltd. (GAC Honda), a joint venture company of Honda in China, today announced that it will absorb its wholly owned subsidiary, Honda Automobile (China), Co., Ltd., effective April 1, 2020. As a result of this merger, Honda Automobile (China) will be renamed as the Guangzhou Development District… Continue reading @Honda: GAC Honda to Absorb Honda Automobile (China)

Daimler CEO on ‘balancing act’ to protect company – BBC News

Ola Kallenius, the CEO of Daimler says the health and safety of staff and health of the company are his priorities. He told Hardtalk’s Stephen Sackur: “We are going through a balancing act. We have not turned off the company completely. We have stopped many of our production operations and we have stopped also some… Continue reading Daimler CEO on ‘balancing act’ to protect company – BBC News