How Bykea is winning Pakistan’s ride-hailing and delivery market

With less than $7M in VC funding, the startup is beating Uber Manish Singh 12 hours Increasingly, the streets of Karachi and Lahore are being flooded with men riding bikes and wearing green T-shirts, a writer friend recently told me. In a sense, these men represent the emergence of Pakistan’s tech startups. India now has… Continue reading How Bykea is winning Pakistan’s ride-hailing and delivery market

Indian ride-hailing firm Ola to launch in London on February 10

After opening an office in the city last year, Indian ride-hailing firm Ola said it would officially begin operations in London on February 10. London is one of the world’s biggest markets for ride-hailing services, and the expansion is a key development in Ola’s international strategy as the company widens its competition with Uber, another… Continue reading Indian ride-hailing firm Ola to launch in London on February 10

@Daimler: Pullman = Luxury + Culture of space

John Lennon, Pope Pius XI and the Japanese Emperor: They and many other stars, heads of state and private individuals have enjoyed “Pullman” Saloons by Mercedes-Benz Luxury and representation vehicles at the highest level “33 Extras”: Exhibits of automotive culture at the Mercedes-Benz Museum Stuttgart. What do a leather cap, a canister of petrol and a scented… Continue reading @Daimler: Pullman = Luxury + Culture of space

Tesla releases new video of what Autopilot can see, Cybertruck simulation and more

Tesla has released a new video of what Autopilot’s neural net can see as well as new images of other systems powering Autopilot including a simulator with a Tesla Cybertruck in it and more. If we are to believe Elon Musk, 2020 is going to be the year Tesla releases its full self-driving system built… Continue reading Tesla releases new video of what Autopilot can see, Cybertruck simulation and more

Japan’s TDK Ventures invests in air mobility firm AutoFlightX

TDK Ventures, the corporate venture arm of Japanese electronics firm TDK Corporation, has invested an undisclosed amount in AutoFlightX, an electric air mobility company headquartered in Munich, Germany and with R&D centres in Shanghai and Shenzhen. AutoFlightX, which started in February 2018, is involved in the development, production, sales, and operation of electric vertical take-off… Continue reading Japan’s TDK Ventures invests in air mobility firm AutoFlightX

Skoda sets up DigiLab in Pune to develop digital and mobility solutions for India 2.0 project  

Skoda Auto has founded its fourth global DigiLab unit in Pune. It will work closely with the car manufacturer’s innovation hubs in the Czech Republic, Israel and China Skoda Auto has set its fourth global DigiLab unit in Pune, essentially to support the core business of Skoda Auto Volkswagen India by developing digital and mobility… Continue reading Skoda sets up DigiLab in Pune to develop digital and mobility solutions for India 2.0 project  

Ather starts setting up EV charging stations in Delhi ahead of July launch

In an attempt to expand its presence in major cities around the country, Bangalore-based e-mobility start-up Ather Energy which started production of its maiden electric scooter models – Ather S340 and Ather S450 – in 2018, is now ready to scale up and is eyeing breakeven by entering more markets. On January 28, the company… Continue reading Ather starts setting up EV charging stations in Delhi ahead of July launch

@Mitsubishi: Renault-Nissan-Mitsubishi Further Strengthens the Use of Resources and Investments

TOKYO, Jan 31, 2020 – (JCN Newswire) – Renault-Nissan-Mitsubishi has outlined a new framework to further reinforce its business model and strengthen its management structure. All three companies reiterated that the Alliance is essential for strategic growth and enhance competitiveness for each company. The new framework, ratified at a meeting of the Alliance Operating Board… Continue reading @Mitsubishi: Renault-Nissan-Mitsubishi Further Strengthens the Use of Resources and Investments

WeShare Expands in Europe

WeShare already started operations in Berlin with 1,500 e-Golf cars in 2019 and the company now has 50,000 registered customers in the city. Photo via John Morgan/Flickr.  WeShare, Volkswagen and Škoda’s free-floating carsharing service, is to expand into seven further cities in Germany and other European countries in 2020. Prague and Hamburg in the spring are… Continue reading WeShare Expands in Europe

Renault-Nissan-Mitsubishi confirm Alliance “essential for strategic growth”, outline new business model framework

The Renault-Nissan-Mitsubishi Alliance, in an official statement today, has outlined a new framework which is aimed at further reinforce its business model and strengthen its management structure. All three companies have reiterated that “the Alliance is essential for strategic growth and enhance competitiveness for each company.” The new framework, ratified at a meeting of the… Continue reading Renault-Nissan-Mitsubishi confirm Alliance “essential for strategic growth”, outline new business model framework