Tag: Mobility

Tata Motors partners Karnataka Bank to provide retail finance to car buyers

Tata Motors, a leading car, and commercial vehicle manufacturer has signed a Memorandum of Understanding (MoU) with Karnataka Bank in a joint effort to introduce attractive financing offers for its car buyers. Tata Motor customers can select from a variety of schemes on their future vehicle purchase available across 857 branches of Karnataka Bank which… Continue reading Tata Motors partners Karnataka Bank to provide retail finance to car buyers

@Nio: 000176

On January 3, NIO provided its December and 2020 full-year delivery results. NIO delivered 7,007 vehicles in December, increasing by 32.4% month-over-month, setting a new record for five consecutive months, and by 121% year-over-year, registering its ninth straight month of twofold growth since April. For the full year, NIO delivered 43,728 vehicles in 2020, representing… Continue reading @Nio: 000176

@Nio: NIO Inc. Provides December, Fourth Quarter and Full Year 2020 Delivery Update000174

January 3, 2021 at 3:00 AM EST Company Achieved New Records for Monthly and Quarterly Deliveries; Annual Delivery Reached 43,728 Vehicles in 2020 NIO delivered 7,007 vehicles in December 2020, increasing by 121.0% year-over-year NIO delivered 17,353 vehicles in the three months ended December 2020, increasing by 111.0% year-over-year NIO delivered 43,728 vehicles in 2020… Continue reading @Nio: NIO Inc. Provides December, Fourth Quarter and Full Year 2020 Delivery Update000174

Premium Ride-Hailing Service StarRides now available in 6 Chinese cities, launches English App in Chinese Market

16.

December 2020

Stuttgart/Beijing

StarRides is now available in Hangzhou, Guangzhou, Chengdu, Xi’An, Beijing and Shanghai English version of premium ride-hailing app for international customers in China introduced Average monthly growth rate of registered users of almost 80 percent underlines robust demand Stuttgart/Beijing – The premium ride-hailing provider StarRides, a joint venture of Daimler Mobility AG and Geely Technology Group, is now available in six cities across China. The service was initially launched just one year ago in December 2019 in Hangzhou, China. StarRides now offers its services in Hangzhou, Guangzhou, Chengdu, Xi’An, Beijing and Shanghai, covering the majority of China’s major business metropolises and most popular travel destinations. More launches in Chinese cities are planned. Since its start in December 2019, StarRides has achieved growth in registered users by an average of almost 80 percent on a monthly basis. The vast majority of users are busine..

Mahindra likely to sign term sheet with new SsangYong investor next week

India’s Mahindra & Mahindra, which holds a majority 74.65 percent stake in Korean carmaker SsangYong Motor Company (SYMC) has divulged that it is in talks with a new investor to give up its charge of South Korea’s fourth-largest carmaker, albeit one which has been struggling to cope up with the recent dynamics in the global… Continue reading Mahindra likely to sign term sheet with new SsangYong investor next week

Folks Motor develops hybrid-electric retrofit solution for cars in India

As sustainability and environment consciousness pick up pace in the automobile industry, there is a growing need for greener mobility solutions to cut down the emissions coming from vehicles at least at the tail-pipe level. While the recent BS VI emission norms have put a strict boundary around OEMs to devise methods to reduce vehicular… Continue reading Folks Motor develops hybrid-electric retrofit solution for cars in India

@Ford: Ford, Mahindra End Discussions for Auto Joint Venture

DEARBORN, Mich., Dec. 31, 2020 – Ford Motor Company and Mahindra & Mahindra have mutually and amicably determined they will not complete a previously announced automotive joint venture between their respective companies.  The decision follows the passing of the Dec. 31 “longstop,” or expiration, date of a definitive agreement the organizations entered into in October… Continue reading @Ford: Ford, Mahindra End Discussions for Auto Joint Venture

@VW Group: Volkswagen significantly expands charging infrastructure

The Volkswagen brand is significantly expanding the charging infrastructure at its German sites. Some 750 new charging points are planned for next year, including the first High Power Charging stations with up to 300 kW power. Some 2,000 charging points in total are expected to be in operation by the end of 2021 – over… Continue reading @VW Group: Volkswagen significantly expands charging infrastructure

Europcar Taps AI Start-up for Mobility Solutions

Europcar Mobility Group is testing Tchek to strengthen its relationship with customers, its commitments, and its maintenance and repair processes. Photo via Depositphotos. French start-up, Tchek, has signed a partnership with Europcar Mobility group, which is currently testing Tchek’s artificial intelligence solution on its sites. With these first pilot projects, Europcar Mobility Group is strengthening… Continue reading Europcar Taps AI Start-up for Mobility Solutions