Kia‘s next electric vehicle (EV), due to arrive in 2021 based on last year’s Imagine concept, will be a high-end, high-performance showcase for the firm’s future line-up. The zero-emissions model, which will take a new nameplate, will sit above the existing e-Niro and Soul EV crossovers. Adding a third, larger model will help Kia reach its goal of a 6.6% global… Continue reading Next Kia EV will be ‘super-high-performance’ halo model
Tag: Mobility
@Nio: NIO Announces Additional US$100 Million Private Placements of Short-term Convertible Notes
SHANGHAI, China, Feb. 14, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today announced that it has entered into definitive transaction documents with two unaffiliated Asia-based investment funds (the “Purchasers”), pursuant to which NIO will issue and sell convertible notes in an aggregate… Continue reading @Nio: NIO Announces Additional US$100 Million Private Placements of Short-term Convertible Notes
Yandex races ahead with driverless car plans
MOSCOW (Reuters) – Internet company Yandex (YNDX.O), which reported lower growth in fourth-quarter profit on Friday, is poised to test its driverless cars outside Russia this year. FILE PHOTO: A view shows a self-driving car owned and tested by Yandex company during a presentation in Moscow, Russia August 16, 2019. REUTERS/Evgenia Novozhenina/File Photo Yandex has… Continue reading Yandex races ahead with driverless car plans
BMW aims to slash CO2 output by 20% in 2020
FRANKFURT: German high-end carmaker BMW aims to slash the amount of carbon dioxide (CO2) emitted by its cars sold in Europe this year by 20 percent, its chief executive said Wednesday. The pledge comes as new European Union regulations bite this year, requiring carmakers to sharply reduce fleet-wide emissions on pain of massive fines. “We… Continue reading BMW aims to slash CO2 output by 20% in 2020
Bangalore startup launches low-cost EV charging station, aims 470 chargers across India
Bangalore-based EV startup, FAE Bikes has announced the launch of ‘Kirana Charzer’, a low-cost, smart EV charging station focused on enabling small shops and individuals to install their own charging stations and generate additional income. The installations will begin from March, with the first Kirana Charzer coming up in Bangalore. The Dheeraj Reddy, Sameer Ranjan… Continue reading Bangalore startup launches low-cost EV charging station, aims 470 chargers across India
@Renault: 2019 FINANCIAL RESULTS : Groupe Renault meets its revised targets
Despite a troubled context, Groupe Renault achieved its targets, revised in October, with a 4.8% Group operating margin and a positive Automotive operational free cash flow. Sales at 3.8 million units, down -3.4%. Group revenues down -3.3% to €55,537 million. At constant exchange rates[1], revenues would have been down by -2.7%. Group operating margin of… Continue reading @Renault: 2019 FINANCIAL RESULTS : Groupe Renault meets its revised targets
Energy policy: “Paradoxical energy transition”: VW boss Diess criticizes the slow coal phase-out
Herbert Diess “Electric cars are only as clean as the electricity they charge.” (Photo: Reuters) Hamburg Volkswagen leaves the way to a climate-friendly company Rush a business rather than contribute to CO2 emissions by continuing to operate old coal-fired power plants. CEO Herbert Diess wrote on Friday on the LinkedIn career network, he had already… Continue reading Energy policy: “Paradoxical energy transition”: VW boss Diess criticizes the slow coal phase-out
Ex-Waymo driver arrested for causing one of its vans to hit his car
Sponsored Links Waymo Waymo vehicles get involved in accidental collisions sometimes, but it looks like a January 30th crash in Tempe, Arizona was no accident at all. Authorities have arrested Raymond Tang, an ex-Waymo driver who the company described as “a disgruntled former” contractor, on suspicion that he deliberately caused an accident wherein one of… Continue reading Ex-Waymo driver arrested for causing one of its vans to hit his car
The CEO of a scooter startup owned by Ford explains why it’s a good thing that his employees are unionizing — and how it could help Spin get a leg up on Bird and Lime
Forty workers who manage Spin’s fleet of scooters in December voted to unionize. Even before the decision, the Ford-owned startup had classified the workers as employees instead of independent contractors, giving them access to the associated benefits that come with employment. In an interview, Spin’s founder explained why the investments in training and benefits may… Continue reading The CEO of a scooter startup owned by Ford explains why it’s a good thing that his employees are unionizing — and how it could help Spin get a leg up on Bird and Lime
‘Disgruntled’ former Waymo self-driving car operator arrested for causing car crash
A former Waymo contractor was arrested after allegedly forcing one of the company’s self-driving cars to crash in Tempe last month, according to AZ Central. Police say 31-year-old Raymond Tang drove his Mazda recklessly around the Waymo vehicle, eventually swerving in front of the self-driving car and slamming his brakes, causing the Waymo vehicle to… Continue reading ‘Disgruntled’ former Waymo self-driving car operator arrested for causing car crash