Published 02/20/2018 12:51:56CET BRUSSELS, 20 Feb. (EUROPA PRESS) – The European Commission gave the green light to the alliance between Repsol and Kia on Tuesday to create a joint venture to operate in the car sharing business, concluding that the operation will not have a negative impact on the European economic space. The resulting company… Continue reading Brussels gives ‘green light’ to the alliance of Repsol and Kia in the car sharing business
Tag: Mobility
VW: I.D. VIZZION
At the Geneva Motor Show, Volkswagen shows its I.D. VIZZION concept. With the concept one follows also in the name of the I.D. Buzz, which develops as a concept, until 2022 become reality. Also Sedric should be off 2021 be built. Common to both is the electric drive and the automation. VW I D Vizzion.… Continue reading VW: I.D. VIZZION
Uber parks its service in Morocco
Uber is pulling the brakes on its service in Morocco, which will cease on February 23, as it waits (and hopes) for local regulators to accommodate app-based ride-hailing. The company announced the move on its country blog yesterday, writing that it has “not had any clarity” on how its service can be integrated into the… Continue reading Uber parks its service in Morocco
CORRECTED-UPDATE 3-Japan’s Sony to form alliance to build taxi-hailing system
TOKYO (Reuters) – Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan’s taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system. The partnership is the latest in a growing array of tie-ups between domestic taxi firms and tech… Continue reading CORRECTED-UPDATE 3-Japan’s Sony to form alliance to build taxi-hailing system
Sony Corp. to launch an AI-based taxi-hailing service in Japan
Sony Corporation said today that it will build an AI-based ride-hailing system in Japan in partnership with five taxi companies. The service will use artificial intelligence to manage taxi dispatches and forecast demand based on factors like weather, traffic and local events. Sony’s announcement came just before Uber chief executive officer Dara Khosrowshahi, who is… Continue reading Sony Corp. to launch an AI-based taxi-hailing service in Japan
Uber CEO sees commercialisation of flying taxis in 5-10 years
TOKYO (Reuters) – Uber Technologies Inc Chief Executive Officer Dara Khosrowshahi said on Tuesday he can see commercialization of the Uber Air flying taxi service happening within five to 10 years. The U.S. ride-hailing app maker has said it expects flying vehicles to eventually become an affordable method of mass transportation. Khosrowshahi was speaking at… Continue reading Uber CEO sees commercialisation of flying taxis in 5-10 years
UPDATE 2-Japan’s Sony to form alliance to build taxi-hailing system
TOKYO (Reuters) – Sony Corp said on Tuesday it would become the latest blue-chip firm to jockey for position in Japan’s taxi and ride-hailing market, with plans for a joint venture to develop an artificial intelligence-based hailing system. Japan is seen as a potentially lucrative ride-hailing market, with regulators under pressure to ease stringent rules.… Continue reading UPDATE 2-Japan’s Sony to form alliance to build taxi-hailing system
MBE2—a global revolution in ethanol production by MAHLE
The latest in fuels The use of biofuels in internal combustion engines is an important alternative to significantly reduce CO2 emissions—one of the gases responsible for the greenhouse effect. Ethanol is thus used in countries all over the world as a strategic fuel. In Brazil and the U.S., for example, a large fleet of vehicles… Continue reading MBE2—a global revolution in ethanol production by MAHLE
Mahindra to make an additional investment of over Rs. 500 crore for Electric Vehicles and Electric Vehicle Components in Chakan as part of expansion efforts
Mahindra to make an additional investment of over Rs. 500 crore for Electric Vehicles and Electric Vehicle Components in Chakan as part of expansion efforts To boost investment and employment at Chakan, Maharashtra Mumbai, February 19, 2018: Mahindra & Mahindra Ltd (M&M Ltd), a part of the US $19 billion Mahindra Group, today announced, in… Continue reading Mahindra to make an additional investment of over Rs. 500 crore for Electric Vehicles and Electric Vehicle Components in Chakan as part of expansion efforts
Zoomcar Raises $40M in Series C Funding
Zoomcar India Pvt. Ltd, a Bengaluru, India-based self-drive car rental startup, raised $40M in Series C funding. The round was led by Mahindra and Mahindra Ltd (M&M) with participation from existing investors Ford Smart Mobility, Sequoia Capital, Empire Angels, Nokia Growth Partners, and others. The company, which has raised $85m to date, intends to use… Continue reading Zoomcar Raises $40M in Series C Funding