Tag: Mobility

Transport app FlixMobility gets Germany’s biggest tech funding round to drive growth

FRANKFURT/MUNICH (Reuters) – Transport app FlixMobility has raised around 500 million euros ($561 million) in Germany’s biggest tech funding round to date to back investments in its expansion, sources familiar with the matter said on Thursday. Jochen Engert, founder and CEO of German mobility platform FlixBus that runs bus and train services, poses for a… Continue reading Transport app FlixMobility gets Germany’s biggest tech funding round to drive growth

Access to Bike Share for Communities Most in Need

By Malcom Glenn, Head of Global Policy, Accessibility and Underserved Communities, and Amy Smith, Policy Research Data Scientist We wrote earlier this year about how JUMP bikes were helping fill transportation gaps in Washington, DC and San Francisco, recognizing that it was just the start of a broader conversation about equity on the JUMP platform.… Continue reading Access to Bike Share for Communities Most in Need

‘My $19 Uber ride cost 100 times that’

Uber passengers in the US have complained on Twitter after a “glitch” meant they were charged 100 times more than advertised fares. One journey that should have cost $96.72 (£77.60) was reportedly charged at $9,672, while some charges were so high they triggered fraud alerts. The payment problem reportedly hit riders in San Diego and… Continue reading ‘My $19 Uber ride cost 100 times that’

Didi, Hellobike refill war chest as competition in mobility sector heats up

Chinese ride-hailing giant Didi Chuxing is reportedly raising $2 billion from investors while bike-sharing firm Hellobike secured $400 million in an Ant Financial-led funding round as part of efforts to beef up their war chest as competition in the sector escalates. According to a report by The Wall Street Journal, Beijing-based Didi plans to sell… Continue reading Didi, Hellobike refill war chest as competition in mobility sector heats up

Continental launches powertrain plant in Wuhu

This production plant is expected to create 600 new jobs. New Delhi: Continental AG has launched its new powertrain plant in Wuhu in China, built over an area of 24,000 square meters. This new facility will further boost the production capacity for low-emission combustion technologies and new energy vehicles, claims the company. Also, this facility… Continue reading Continental launches powertrain plant in Wuhu

Renault’s Senard expects Nissan’s new board to embrace alliance

PARIS (Reuters) – Renault (RENA.PA) is confident that alliance partner Nissan’s (7201.T) new board will work to reinforce their partnership as it struggles to turn the page on the Carlos Ghosn scandal, Renault Chairman Jean-Dominique Senard said on Thursday. FILE PHOTO: Renault Chairman Jean-Dominique Senard gestures at the end of a joint news conference in… Continue reading Renault’s Senard expects Nissan’s new board to embrace alliance

Ford Increases Ranger Production as European Sales Hit Record

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Ford Increases Ranger Production as European Sales Hit Record

Ford is adding a third shift and increasing production capacity at its Silverton Assembly Plant in South Africa to meet growing demand for the new Ranger and Ranger Raptor. Ranger sales set a year-to-date record in Ford’s 20 European markets, hitting the highest level since the truck was first introduced in 1999. Ranger is Europe’s best-selling pickup truck with 30.4% market share, according to the latest data available from the end of May 2019.

About Ford Motor Company

Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions. Ford employs approximate..

China’s Didi plans to relaunch Hitch service with new safety features

FILE PHOTO: A man is seen in front of a Didi sign before a promotional event of its Hitch service for the Spring festival travel rush, in Beijing, China January 24, 2018. REUTERS/Stringer/File Photo BEIJING/SHANGHAI (Reuters) – Chinese ride-hailing giant Didi Chuxing said on Thursday it was proposing to relaunch its Hitch carpooling service with… Continue reading China’s Didi plans to relaunch Hitch service with new safety features

Continental Develops Adaptive Voice-Activated Digital Companion for Use in Cars

Smart and adaptive driver assistance system enables natural dialog, understands multiple questions in one sentence and detects logical connections Distraction-free operation via smart voice control enhances road safety Hybrid solution with cloud connection, enabling driver and vehicle to understand each other – even in dead spots Wetzlar, July 18, 2019. Where not long ago it… Continue reading Continental Develops Adaptive Voice-Activated Digital Companion for Use in Cars