Germany is preparing to take another run at shoring up diesel as it seeks to balance efforts to improve urban air quality with concerns about lost jobs from the technology’s decline. Transport Minister Andreas Scheuer signaled automakers including Volkswagen AG and BMW AG could be hit with more painful measures to reduce smog-causing emissions, while… Continue reading Germany May Inflict More Diesel Pain on Carmakers
Tag: Mobility
Alibaba-backed Electric Vehicle Maker Xiaopeng Plans $2.7B Funding For Expansion
Alibaba-backed Chinese electric vehicle maker Xiaopeng Motors plans to raise RMB17 billion (US$2.7 billion) this year to expand its business, its CEO He Xiaopeng said in an interview at the Boao Forum in China. The news came two months after the firm raised RMB2.2 billion (US$348 million) in a series B round led by Alibaba… Continue reading Alibaba-backed Electric Vehicle Maker Xiaopeng Plans $2.7B Funding For Expansion
car2go publishes White Paper
E-carsharing plays an important role for the breakthrough of electric mobility The operation of carsharing fleets provides valuable knowledge for the overall further development of electric mobility Stuttgart – Electric carsharing gives new impetus for the breakthrough of electric vehicles. car2go, the global market leader in the free-floating carsharing sector, today published a White Paper… Continue reading car2go publishes White Paper
An electric car starts to be profitable from 15,000 kilometers a year, according to Rastreator.com
Posted 10/04/2018 11: 37: 26CET MADRID, 10 Apr (EUROPA PRESS) – An electric car, on average, starts to be profitable “with a minimum of 15,000 kilometers per year”, according to the ‘IV Online Comparison Study for Smart Savings’ carried out by the ‘online’ comparator Rastreator.com, which shows that 43% of the population is reluctant to… Continue reading An electric car starts to be profitable from 15,000 kilometers a year, according to Rastreator.com
Magna Steyr to develop smart EV architecture for China’s BAIC Group
The agreement was signed on April 8 in Beijing between Günther Apfalter, president, Magna Europe and Magna Steyr, and Xu Heyi, chairman of BAIC Group. The BAIC Group (Beijing Automotive Industry Holding Co) of China and Magna have announced that they will jointly develop a next-generation smart electric vehicle architecture for the Chinese market. China… Continue reading Magna Steyr to develop smart EV architecture for China’s BAIC Group
Chinese NEV start-up Singulato to invest big in Suzhou
Singulato’s CEO Shen Haiyin attends the launching ceremony of an electric SUV Singulato iS6 in Beijing, April 13, 2017.[Photo/VCG] NANJING – Chinese new energy vehicle (NEV) start-up Singulato Motors announced Saturday plans to invest 15 billion yuan ($2.39 billion) in the manufacturing hub of East China’s Suzhou over the next five years. A partnership between… Continue reading Chinese NEV start-up Singulato to invest big in Suzhou
News Release – Magna to Develop Electric Vehicle Architecture for BAIC Group
Please click HERE for a PDF version of this release. • Joint program for next generation of EV architecture• Magna to enhance its relationship with one of China’s largest OEMs • First project with BAIC Group to support their electrification strategy BEIJING, April 9, 2018 — BAIC Group (Beijing Automotive Industry Holding Co., Ltd.) and Magna… Continue reading News Release – Magna to Develop Electric Vehicle Architecture for BAIC Group
Uber moves into multimodal transportation with acquisition of bike-share startup JUMP
Uber is acquiring JUMP, a dockless, electric bike share startup. (Uber Photo) Uber is expanding further into the competitive dockless bike-sharing space with the acquisition of JUMP. JUMP CEO Ryan Rzepecki announced his electric bike-sharing startup will join Uber but retain its distinct brand in a blog post Monday. Terms of the deal were not disclosed… Continue reading Uber moves into multimodal transportation with acquisition of bike-share startup JUMP
BMW and Mini launch pay-as-you-go subscription service
BMW and Mini have launched a subscription service that rolls all the costs of car ownership into monthly instalments. Payments, which start from £131 per week (equating to around £568 a month), include the costs of insurance and maintenance, as well as breakdown cover, as one bill. Although BMW is the first major car maker to offer such a service… Continue reading BMW and Mini launch pay-as-you-go subscription service
UPDATE 2-Uber agrees to buy electric cycle-sharing startup JUMP Bikes
SAN FRANCISCO (Reuters) – Ride-hailing company Uber Technologies Inc [UBER.UL] said on Monday it has agreed to buy electric bicycle service JUMP Bikes, allowing Uber to offer U.S. passengers an alternative to cars and further consolidating the crowded bike-sharing industry. FILE PHOTO: The logo of Uber is seen on an iPad, during a news conference… Continue reading UPDATE 2-Uber agrees to buy electric cycle-sharing startup JUMP Bikes