Tata Motors group has a net debt of Rs 50,000 crore out of which Tata Motors Ltd alone account for Rs 20,000 crore. New Delhi: Tata Sons, the promoter of major operating companies of the Tata Group, will increase its shareholding in Tata Motors to 43.73 per cent after the proposed Rs 6,500 crore preferential… Continue reading Tata Sons stake in Tata Motors to rise to 43.73% post Rs 6,500 cr preferential issue
Tag: Mobility
Electrify America To Make Plug&Charge Fully Operational In 2020
With Plug&Charge, the car itself will become a kind of access card for the charging networks. Electrify America re-confirmed its intention to offer “Plug&Charge” technology in partnership with Hubject, to streamline the charging process through automation of authentication and billing. When the new system will be fully operational in 2020, drivers should be able to… Continue reading Electrify America To Make Plug&Charge Fully Operational In 2020
Introducing Lyft Pink: A Membership That Unlocks More
Lyft is committed to improving people’s lives with the world’s best transportation. We believe cities should be built for and around people, not cars — that means fundamentally changing the way people think about getting around their cities. We’re shifting from personal car ownership and moving society toward transportation as a service — and Lyft… Continue reading Introducing Lyft Pink: A Membership That Unlocks More
Press Releases – Sales of zero- and low-emission cars highly unbalanced across EU, alerts auto industry
Brussels, 29 October 2019 – Sales of alternatively-powered vehicles are following a highly uneven pattern across EU member states, according to new findings from the European Automobile Manufacturers’ Association (ACEA). Indeed, the consumer uptake of battery electric, plug-in hybrid and hybrid electric passenger cars, as well as those fuelled by natural gas or hydrogen, differs… Continue reading Press Releases – Sales of zero- and low-emission cars highly unbalanced across EU, alerts auto industry
Hyundai Mobis increases the 5G connected car development synergies
Hyundai Mobis and KT to share the results of technology development and discuss future collaboration at the Seosan Proving Ground Completed the first development project, e.g. update of the map and C-V2X six months after the start of full-scale development in January Planning to build the autonomous driving remote monitoring system using the 5G communication… Continue reading Hyundai Mobis increases the 5G connected car development synergies
Daimler Mobility launches first series-produced leasing product for trucks in the USA with usage-based rate
29.
October 2019
Stuttgart/Atlanta
Daimler Truck Financial launches “pay-as-you-drive” leasing solution for Freightliner Trucks in the USA Personalized financing: leasing instalments are based on actual kilometers covered Telematics-based products such as Dynamic Lease offer truck operators significant advantages through greater flexibility and transparency in fleet management. Stuttgart/Atlanta – The industry's first “pay-as-you-drive” leasing financing will be used for trucks in the USA from 2020. As part of the NACV (North American Commercial Vehicle Show), Daimler Truck Financial, part of the business field of Daimler Mobility, presents the telematics-based financing option “Dynamic Lease” for the first time. Dynamic Lease enables customers to adjust the leasing rates to the actual use of the vehicle. The first vehicle to be launched with this technology in the first quarter of 2020 will be the market-leading heavy-duty truck Freightliner Cascadia.
Franz Reiner, CEO o..
VW Finance Chief outlines road map for $222-billion ambition
The seven-point plan includes strengthening individual brands such as VW, Audi and Porsche, growth in China and boosting software operations. Frankfurt: Days before production starts on Volkswagen AG’s cornerstone electric vehicle, the German manufacturer is stepping up a campaign to more than double the market value and gain investor recognition for the industry’s most ambitious… Continue reading VW Finance Chief outlines road map for $222-billion ambition
ABB buys majority stake in Chinese EV charging company
ABB has bought a majority stake in Shanghai Chargedot New Energy Technology Co. Ltd, a Chinese electric vehicle charging company, the Swiss engineering company said on Monday as its ramps up its operations in e-mobility. Chargedot, which employs 185 people, makes charging stations and software platforms to enable vehicles to be charged with electricity. ABB, which… Continue reading ABB buys majority stake in Chinese EV charging company
Hyundai is launching BotRide, a robotaxi service in California with Pony.ai and Via
A fleet of electric, autonomous Hyundai Kona crossovers — equipped with a self-driving system from Chinese autonomous startup Pony.ai and Via’s ride-hailing platform, will start shuttling customers on public roads next week. The robotaxi service called BotRide will operate on public roads in Irvine, California, beginning November 4. This isn’t a driverless service; there will… Continue reading Hyundai is launching BotRide, a robotaxi service in California with Pony.ai and Via
MIT uses shadows to help autonomous vehicles see around corners
We’re still not at the point where autonomous vehicle systems can best human drivers in all scenarios, but the hope is that eventually, technology being incorporated into self-driving cars will be capable of things humans can’t even fathom — like seeing around corners. There’s been a lot of work and research put into this concept over… Continue reading MIT uses shadows to help autonomous vehicles see around corners