NEW YORK, Dec. 22, 2021 /PRNewswire/ — US Hybrid, a wholly-owned subsidiary of Ideanomics and a leader in advanced battery, fuel cell and hybrid electric vehicles, today announced a $5.5 million purchase order from Global Environmental Products (GEP) for additional battery powertrain kits for electric street sweepers for California’s largest fleet operator, with delivery of the order… Continue reading US Hybrid Receives $5.5 Million Purchase Order from Global Environmental Products to Electrify Street Sweepers for California and other state fleets
Tag: Mobility
Zypp Electric partners Flo Mobility for autonomous EV for delivery applications
Zypp Electric a leading tech-enabled EV-as-a-service platform has partnered Bangalore-based autonomous driving tech start-up Flo Mobility to build a delivery bot for Zypp deliveries for distribution within large campuses. As per the partners, the delivery bot will pick up any packages left at the gate/entry and bring them to the door. Flo Mobility will allow… Continue reading Zypp Electric partners Flo Mobility for autonomous EV for delivery applications
@niche: Xos, Inc. Celebrates 2021 Progress in Year-in-Review Video001526
LOS ANGELES, Dec. 21, 2021 (GLOBE NEWSWIRE) — Xos, Inc. (NASDAQ: XOS), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, published a video today celebrating its key announcements of 2021. “2021 was a strong year of growth for Xos. We’re excited to share more in the new year about our… Continue reading @niche: Xos, Inc. Celebrates 2021 Progress in Year-in-Review Video001526
The 3 Biggest Challenges of Contactless Car Rental
With over a quarter of consumers saying that having limited help when something goes wrong is a challenge, it is crucial to your operations to provide non-stop human support. Photo courtesy of Liigu. Contactless services are becoming a necessity for more and more customers. According to a GetApp survey of nearly 1,000 U.S.-based consumers, “92% of… Continue reading The 3 Biggest Challenges of Contactless Car Rental
Auto industry hopes for smooth ride in New Year after a bumpy 2021
In an interaction with PTI, Maruti Suzuki India Chairman R C Bhargava expressed hope that 2022 would pan out to be better for the industry as compared to 2021. By Munish Shekhavat New Delhi: The Indian automotive industry is driving into 2022 with a positive mindset in its quest to reach the pre-pandemic levels of… Continue reading Auto industry hopes for smooth ride in New Year after a bumpy 2021
@VW Group: Porsche is chasing titles in Formula E and the World Endurance Championship004391
The expansion of customer sport activities and intensive preparation for the new LMDh programme have now been added to the schedule of activities. “Motorsports have always had a special role to play in Porsche’s corporate strategy, and for more than 70 years now we have used the racing stage as the testing grounds for our… Continue reading @VW Group: Porsche is chasing titles in Formula E and the World Endurance Championship004391
@VW Group: Discover Porsche’s good causes in the Far East004388
16/12/2021 The Asia-Pacific market is one of huge importance to Porsche, but so too is the wider society that supports it. And for this reason, Porsche is investing in numerous international schemes aimed at promoting environmental, social and cultural causes around the region. In Taiwan, Porsche has teamed up with the Society of Wilderness, extending… Continue reading @VW Group: Discover Porsche’s good causes in the Far East004388
Chinese self-driving startup Haomo.AI entres unicorn club after $157m Series A round …
Beijing-based autonomous driving startup Haomo.AI has raised nearly 1 billion yuan ($156.9 million) in a Series A round of financing to reach a unicorn status with a valuation of over $1 billion, the startup announced on Wednesday. Hillhouse Capital’s early-stage investment unit GL Ventures, food delivery giant Meituan, Qualcomm’s venture capital (VC) arm Qualcomm Ventures,… Continue reading Chinese self-driving startup Haomo.AI entres unicorn club after $157m Series A round …
Premium Automobile Brand EXEED Sets Course for the Middle East Region
EXEED is a new entrant in the global high-end automobile market, debuting in Russia earlier this year and awarded the distinction of “Breakthrough of the Year” by Russian media. EXEED inherits the essence of the century-old European automobile industry and incorporates the latest intelligent technologies, putting it in a strong position to challenge traditional brands.… Continue reading Premium Automobile Brand EXEED Sets Course for the Middle East Region
SoftBank to borrow $4b from PE giant Apollo Global-led group
SoftBank Group Corp is borrowing nearly $4 billion from a group led by private equity giant Apollo Global Management Inc, a source familiar with the matter said, as the conglomerate looks to increase cash on hand after its finances came under pressure. The loan, to be secured by SoftBank‘s $40 billion Vision Fund 2, is expected to… Continue reading SoftBank to borrow $4b from PE giant Apollo Global-led group