This move will help the ride-sharing company as Lyft has planned to introduce 200 new electric vehicles for rideshare drivers in the Denver market. New Delhi: Electric vehicle charging network provider EVGo has partnered with shared mobility provider Lyft for fast charging network. The EVGo will provide fast charging facility to Lyft Express Drive EV… Continue reading EVGo joins hands with Lyft for fast charging network
Tag: Mobility
Competition watchdog approves Toyota Motor-Suzuki Motor Corp minority stake deal
The transaction involves acquisition of a “minority and insignificant shareholding” of 4.94 per cent by Toyota Motor in Suzuki Motor while Suzuki will hold approximately 0.24 per cent stake in the former. NEW DELHI: The Competition Commission of India on Tuesday said it has approved the minority stake purchase deal of Toyota Motor Corporation and… Continue reading Competition watchdog approves Toyota Motor-Suzuki Motor Corp minority stake deal
@Tata:The Company today christens its upcoming flagship SUV- Tata GRAVITAS
26 November, 2019 Tata Motors is all set to strengthen its SUV portfolio further. The Company today christens its upcoming flagship SUV- Tata GRAVITAS Being the second vehicle built on the OMEGA (Optimal Modular Efficient Global Advanced) Architecture- , which is derived from Land Rover’s legendary D8 platform, the GRAVITAS will set international level benchmarks… Continue reading @Tata:The Company today christens its upcoming flagship SUV- Tata GRAVITAS
Europe’s youngest unicorn founder quietly built a $1 billion Uber rival. He explains why Uber’s winner-takes-all strategy is wrong.
Youth is no barrier for the best entrepreneurs, but it can take a long time to convince investors that their view of the market is wrong.Uber, Bolt’s main rival, raised $20 billion before its public float this year to essentially outspend the competition and dominate the markets in which it operates.To date, the firm has raised $244 million, significantly less rivals, from investors including German carmaker Daimler, Chinese ride-hailing giant Didi Chuxing, and Swedish investors Creandum.
India’s Ola to begin operations in London in ‘coming weeks’
Indian ride-hailing giant Ola said today it will begin operations in London “in the coming weeks,” a day after the local authorities revoked Uber’s license to operate in one of the world’s most lucrative cities. The Indian firm, which entered portions of the UK last year, has started to sign up drivers in London ahead… Continue reading India’s Ola to begin operations in London in ‘coming weeks’
A new Chicago ride-hailing law reveals for the first time what Uber and Lyft really charge (UBER, LYFT)
Uber and Lyft’s pricing strategies have been revealed for the first time thanks to a new Chicago law. A Reuters analysis of the data shows fares for shared rides in the city have risen significantly over the past year, while fares for single riders have remained stable. The data doesn’t differentiate between companies, but Uber… Continue reading A new Chicago ride-hailing law reveals for the first time what Uber and Lyft really charge (UBER, LYFT)
@VW Group: Audi concludes fundamental agreement with Works Council on economic and forward-looking realignment
A new era is dawning. Audi is taking sustained action for greater economy, flexibility and secure jobs. The Board of Management and employee representatives have reached a fundamental agreement within the framework of Audi.Zukunft. The decisions relate in particular to the optimization of production capacities at the two German plants and socially responsible workforce adjustments… Continue reading @VW Group: Audi concludes fundamental agreement with Works Council on economic and forward-looking realignment
Valmet Automotive Launches Battery Pack Production In Finland
Valmet Automotive is now producing lithium-ion battery packs for automotive OEMs. Valmet Automotive, as promised, has started large-scale production of automotive lithium-ion battery packs in Salo/Finland, in a former Nokia plant. We know that the company has selected CATL as a lithium-ion battery cell partner, but there is no info about who is are the… Continue reading Valmet Automotive Launches Battery Pack Production In Finland
Singapore’s Grab launches pilot motorbike-hailing service in Malaysia
FILE PHOTO: A Grab logo is pictured at the Money 20/20 Asia Fintech Trade Show in Singapore March 21, 2019. REUTERS/Anshuman Daga KUALA LUMPUR (Reuters) – Ride-hailing firm Grab has launched a pilot program for motorbike hailing in Malaysia, barely a month after regional rival Gojek was given the green light to begin limited operations… Continue reading Singapore’s Grab launches pilot motorbike-hailing service in Malaysia
@VW Group: Audi’s sustainable commitment to the Werksviertel quarter in Munich
Audi will be the mobility partner of the Werksviertel quarter in Munich and develop innovative concepts for the brand. On the site where the dumpling factories of the Pfanni brand once stood, a modern city quarter is arising. All of its “settlers” – as the residents and companies based there call themselves – share the… Continue reading @VW Group: Audi’s sustainable commitment to the Werksviertel quarter in Munich