Mahindra Drives its Electric Range of Vehicles to Uttar Pradesh

Mahindra Drives its Electric Range of Vehicles to Uttar Pradesh Launches its range of all-electric vehicles – e2oPlus, eVerito and eSupro in Uttar Pradesh e-Alfa Mini, Mahindra’s electric rickshaw for passenger movement, was launched in Uttar Pradesh, in September, 2017 Vehicles to be available in Lucknow, Agra and Kanpur Lucknow, February 5, 2018: Mahindra &… Continue reading Mahindra Drives its Electric Range of Vehicles to Uttar Pradesh

MWC 2018: Continental Is Shaping the Future of Mobility

Continental will be unveiling innovative solutions and services at the Mobile World Congress in Barcelona Holistic connectivity is turning vehicles into smartphones on wheels Smart integration of mobile devices maximizes driver and user experience Barcelona, February 8, 2018. Starting in April 2018, every new car in Europe will have to be equipped with an integrated… Continue reading MWC 2018: Continental Is Shaping the Future of Mobility

High demand: Electric cars barely to get

Hyundai Ioniq Electric (Image: Hyundai) First sell yourself electric cars bad, now the manufacturers can not deliver: the electric Smart, the E-Golf or the Hyundai Ioniq Electric are virtually impossible to get. Manufacturers often misjudged demand. Manufacturers can not keep up with the growing demand for electric cars. Customers have to wait a long time… Continue reading High demand: Electric cars barely to get

Bosch to enhance localisation of electrified portfolio in India

Soumitra Bhattacharya, MD, Bosch Limited and president, Bosch India Group: “Bosch strongly believes that its current and future portfolio of electromobility solutions will be one of the key contributing factors that lead to a dynamic ecosystem in the country.” At the Bosch Technology Exposition 2018, Bosch announced its plans to significantly increase the extent of localisation of its electrified… Continue reading Bosch to enhance localisation of electrified portfolio in India

Exclusive: Electric Vehicle Firm Byton To Raise New Round From Chinese State Investor At $1.2B Valuation

China officially has five electric vehicle companies valued at US$1 billion or more, as China Money Network has learned that Byton, an EV start-up rooted in China, is currently seeking a new financing round at a minimum valuation of US$1.2 billion. Byton, previously known as Future Mobility Corp, last raised around US$200 million at a… Continue reading Exclusive: Electric Vehicle Firm Byton To Raise New Round From Chinese State Investor At $1.2B Valuation

Tech guru Bill Joy’s Ionic Materials raises $65m from Nissan, Mitsubishi, others

February 8, 2018 Ionic Materials Inc., a battery-material developer backed by Silicon Valley luminary Bill Joy, raised $65 million to build a production line and commercialize its technology. Investors in the Series C funding round include Joy and Alliance Ventures, a venture capital company comprising automakers Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp. Ionic declined to identify other participants.… Continue reading Tech guru Bill Joy’s Ionic Materials raises $65m from Nissan, Mitsubishi, others

Tesla reports record loss but says outlook is positive

Electric car maker Tesla has notched up its biggest ever quarterly loss and said it “learned many lessons” from its crucial Model 3 production plans. The firm’s future hangs on the Model 3 sedan, but it has so far struggled with production bottlenecks. Tesla reported a loss of $675.4m (£487m) in three months to 31… Continue reading Tesla reports record loss but says outlook is positive

Elon Musk’s self-driving strategy still doesn’t include LiDAR

Elon Musk’s vision of autonomous driving differs from a lot of Tesla’s competitors in that he’s been adamant that LiDAR isn’t a core component of his approach. It’s a stance that provokes a lot of debate among experts in the field, many of whom, including former Tesla employees, disagree that full autonomy can be managed… Continue reading Elon Musk’s self-driving strategy still doesn’t include LiDAR

Jon McNeill Joins Lyft as Chief Operating Officer

Today, we are incredibly excited to share that Jon McNeill will be joining Lyft as Chief Operating Officer. Jon is a world-class leader who brings deep experience as a highly successful entrepreneur and game-changing transportation executive. Last year, the Lyft community experienced more growth than in all previous years combined, growing rides by 2.3x and… Continue reading Jon McNeill Joins Lyft as Chief Operating Officer

Battery Startup Ionic Materials Gets $65M Jolt From Nissan & Others

February 7th, 2018 Big automakers are betting that solid-state battery technology from Massachusetts-based startup Ionic Materials could eventually challenge the standard lithium-ion batteries used in today’s electric vehicles. Woburn, MA-based Ionic announced Wednesday it secured $65 million in a Series C funding round. The investors include Alliance Ventures—a venture capital fund backed by carmakers Nissan,… Continue reading Battery Startup Ionic Materials Gets $65M Jolt From Nissan & Others