Bangalore-based Simple Energy, which is set to launch its tech-laded sporty electric scooter christened ‘Simple One’ on August 15, has announced that it will be setting up its production plant at Hosur, Tamil Nadu. The Simple One will be available in phased-manner starting with Bangalore, Chennai, and Hyderabad followed by other cities in the coming… Continue reading Simple Energy’s Hosur plant to have production capacity of million e-scooters in Phase 1
Tag: Mobility
nterprise Holdings Awards $7M to 700+ Nonprofits
Enterprise Holdings first announced the ROAD Forward commitment in November 2020. Photo via Depositphotos. Enterprise Holdings, through the Enterprise Holdings Foundation, is awarding its inaugural local Enterprise Holdings Respect, Opportunity, Achievement, and Diversity (ROAD) Forward grants to nearly 700 nonprofit organizations addressing social and racial equity gaps facing youth and families in communities across the globe. Combined, the grants total more… Continue reading nterprise Holdings Awards $7M to 700+ Nonprofits
Putting the Spotlight on Future Mobility
August 3, 2021 Putting the Spotlight on Future Mobility Open share list Share this content. According to the report Global EV Outlook 2021, sales of electric vehicles (EV) around the world grew 41 percent in 2019 and despite the downturn in overall car sales in 2020 due to the pandemic, EV sales still managed to… Continue reading Putting the Spotlight on Future Mobility
China’s autonomous truck startup Inceptio raises $270m in Series B …
Premium China’s Inceptio Technology, a startup that develops autonomous trucks, announced on Tuesday that it has closed $270 million in a Series B round of financing jointly led by JD Logistics, Chinese food delivery Meituan, and private equity (PE) firm PAG. Go to Source
@Honda: Honda Shares First Details on New NSX Type S
TOKYO, Japan, August 3, 2021 – Honda Motor Co., Ltd. today released initial information on the new limited production NSX Type S, which is scheduled to be officially introduced before the end of the month. Striving to be a model with outstanding dynamic performance, yet that anyone can be comfortable driving, the second-generation NSX was… Continue reading @Honda: Honda Shares First Details on New NSX Type S
Autos & TransportationUber, Lyft seen boosted by return of riders, but driver shortage, stubborn virus cloud outlook3:03 PM UTC
A sign marks a rendezvous location for Lyft and Uber users at San Diego State University in San Diego, California, U.S., May 13, 2020. REUTERS/Mike Blake/File Photo Aug 2 (Reuters) – Ride hailing companies Uber Technologies Inc (UBER.N) and Lyft Inc (LYFT.O) promised Wall Street they would be back on the road to profitability and… Continue reading Autos & TransportationUber, Lyft seen boosted by return of riders, but driver shortage, stubborn virus cloud outlook3:03 PM UTC
Bridgestone Americas to Acquire Fleet Management Software Provider Azuga to Accelerate Mobility Solutions Business
Pending customary closing conditions and regulatory approvals, Bridgestone will assume ownership of Azuga’s brands and business platforms. The Azuga fleet management platform, which includes advanced safety and fleet management tools, will complement the existing Bridgestone portfolio of cloud-based fleet mobility solutions. The acquisition of Azuga will rapidly advance Bridgestone’s comprehensive solutions for small to enterprise-sized… Continue reading Bridgestone Americas to Acquire Fleet Management Software Provider Azuga to Accelerate Mobility Solutions Business
Grab Announces Strong First Quarter 2021 Results as Company Progresses Towards U.S. Public Listing in Partnership with Altimeter Growth Corp.
Q1 2021 Adjusted Net Sales reached an all-time high of $507 million and grew 39% year on year. Revenue presented in accordance with IFRS was $216 million, also a record for Grab Quarterly Adjusted EBITDA improved by $233 million year on year to $(111) million Grab has filed a registration statement on Form F-4 with… Continue reading Grab Announces Strong First Quarter 2021 Results as Company Progresses Towards U.S. Public Listing in Partnership with Altimeter Growth Corp.
@Daimler: Flexible charging system for EQ vehicles and plug-in hybrids: a multi-talent for any type of socket
Stuttgart. With the new Flexible Charging System, Mercedes-Benz has created a charging solution for anyone who does a lot of driving in an electric vehicle and therefore needs variable options for charging it. The scope of delivery includes various adapters for household sockets and industrial sockets as well as for public charging points and wallboxes,… Continue reading @Daimler: Flexible charging system for EQ vehicles and plug-in hybrids: a multi-talent for any type of socket
Omega Seiki Mobility to invest INR 100 cr to set up EV manufacturing facility in UP
The OEM will invest Rs 100 crore in the state and will be creating 10,000 jobs in the next 2 years in Ghazipur, the company said in a release. New Delhi: Omega Seiki Mobility (OSM), part of the Anglian Omega Group of companies and Youth Rural Entrepreneur Foundation (YREF), signed on Monday a memorandum of… Continue reading Omega Seiki Mobility to invest INR 100 cr to set up EV manufacturing facility in UP